UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
REPORT FOR THE CALENDAR YEAR OR QUARTER ENDED: 03/31/1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatment.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this report:
Name: EMERGING MARKETS MANAGEMENT LLC/ADV
Address: 1001 19th Street, North, 16th Floor
Arlington, VA 22209-1722
13F File Number: 28-5804
This institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is true, correct and complete, and
that it is understood that all required items, statements,
scedules, lists, and tables, are considered integral parts of
this form.
Person Signing this report on Behalf of Reporting Manager:
Name: Lourdes Lopez-Isa
Title: General Counsel
Phone #: (703) 243-8800
Signature, Place, and Date of Signing:
Lourdes Lopez-Isa Arlington, Virginia 05/11/1999
Report Type (Check only one.)
[X] 13F HOLDING REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of other Managers Reporting for this manager:
I AM SIGNING THIS REPORT AS REQUIED BY THE SECURITIES EXCHNAGE ACT OF 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
FORM 13F Information Table Entry Total: 42
FORM 13F Information Table Value Total: 148,543,289.71
List of other Included Managers:
NONE
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FORM 13F INFORMATION TABLE
TITLE SHARES OR INVEST DISCRETION MANAGE VOTING AUTHORITY
OF FAIR MARKET PRINCIPAL IN INSTR. V SEE (SHARES)
NAME OF ISSUER CLASS CUSIP VALUE AMOUNT SOLE SHARED OTHER INST.V SOLE SHARED NONE
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Buenaventura ADR 204448104 4,923,421.75 371,579.00 X 1 X
CANTV ADR 204421101 1,446,997.50 79,560.00 X 1 X
China Tire COM G2107X108 117,975.00 28,600.00 X 1 X
Compania Cervecerias Unidas ADR 204429104 1,392,300.00 66,300.00 X 1 X
Copel (Cia. Par. de Energ.) ADR 20441B407 2,700,000.00 360,000.00 X 1 X
Cristales ADR 226714103 2,475,375.00 172,200.00 X 1 X
ECI Telecommunications Ltd. COM 268258100 231,595.00 6,617.00 X 1 X
ECI Telecommunications Ltd. COM 268258100 4,308,500.00 123,100.00 X 1 X
Endesa ADR 29244T101 388,265.63 27,610.00 X 1 X
Enersis ADR 29274F104 1,409,265.00 52,560.00 X 1 X
Enersis ADR 29274F104 1,959,993.75 73,100.00 X 1 X
Femsa ADR 344419106 1,079,069.06 34,879.00 X 1 X
Femsa ADR 344419106 22,924,687.50 741,000.00 X 1 X
Gener (fka Chilgener) ADR 368731105 281,137.50 15,300.00 X 1 X
Gilat Satellite Networks Ltd. COM M51474100 156,000.00 2,600.00 X 1 X
Grupo Casa Autrey ADR 40048P104 857,412.50 167,300.00 X 1 X
Grupo Televisa GDR 40049J206 18,762,250.00 598,000.00 X 1 X
Grupo Tribasa ADS 40049F105 1,204,873.44 771,119.00 X 1 X
Gulf Indonesia ADR 402284103 4,785,475.00 571,400.00 X 1 X
Huaneng Power Int'l ADR 443304100 204,712.50 20,600.00 X 1 X
ICA ADS 292448107 5,583,375.00 1,063,500.00 X 1 X
India Fund COU 454089103 953,437.50 101,700.00 X 1 X
Indosat ADR 715680104 2,167,678.13 167,550.00 X 1 X
Jardine Flemings India Fund COU 471112102 1,403,500.00 200,500.00 X 1 X
Korea Fund COU 500634100 2,550,281.25 247,300.00 X 1 X
Labchile ADS 50540H104 246,450.00 15,900.00 X 1 X
Labchile ADS 50540H104 776,550.00 50,100.00 X 1 X
Masisa (Maderas y Sinteticos ADR 574799102 3,022,500.00 390,000.00 X 1 X
Nortel ADR 656567401 3,727,192.00 263,872.00 X 1 X
Philippine Long Distance T. ADR 718252604 1,679,106.38 64,893.00 X 1 X
Pohang Iron and Steel ADR 730450103 53,625.00 3,000.00 X 1 X
Provida ADR 00709P108 4,353,750.00 232,200.00 X 1 X
Quilmes Industrial ADR 74838Y108 419,025.00 44,400.00 X 1 X
SK Telecom ADR 78440P108 1,535,625.00 126,000.00 X 1 X
SK Telecom ADR 78440P108 17,472,121.88 1,433,610.00 X 1 X
Southern Peru Ltd. ADR 843611104 140,049.88 13,918.00 X 1 X
Telefonos de Chile ADR 204449300 1,256,470.31 53,325.00 X 1 X
Telefonos de Chile ADR 204449300 5,935,393.75 251,900.00 X 1 X
Telkom ADR 715684106 4,653,112.50 729,900.00 X 1 X
Tricom S.A. ADR 89612A100 484,275.00 58,700.00 X 1 X
Vitro ADR 928502301 403,968.75 69,500.00 X 1 X
YPF ADR 984245100 18,116,496.25 573,988.00 X 1 X
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