SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 5)*
Credicorp Ltd.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
225305903
(CUSIP Number)
December 31, 2001
(Date of Event Which Requires Filing of This Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of
that section of the Act but shall be subject to all other provisions of the
Act (however, see the Notes).
CUSIP: 225305903 Page 1 of 9
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Capital Group International, Inc.
95-4154357
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE
INSTRUCTIONS) (a)
(b)
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
5 SOLE VOTING POWER
8,249,700
6 SHARED VOTING POWER
NUMBER OF
SHARES
NONE
BENEFICIALL
Y OWNED BY
7 SOLE DISPOSITIVE POWER
EACH
REPORTING
8,249,700
PERSON
WITH:
8 SHARED DISPOSITIVE POWER
NONE
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,249,700 Beneficial ownership disclaimed pursuant to Rule 13d-4
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.3%
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
HC
CUSIP: 225305903 Page 2 of 9
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Capital International, Inc.
95-4154361
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE
INSTRUCTIONS) (a)
(b)
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
5 SOLE VOTING POWER
8,066,290
6 SHARED VOTING POWER
NUMBER OF
SHARES
NONE
BENEFICIALL
Y OWNED BY
7 SOLE DISPOSITIVE POWER
EACH
REPORTING
8,066,290
PERSON
WITH:
8 SHARED DISPOSITIVE POWER
NONE
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,066,290 Beneficial ownership disclaimed pursuant to Rule 13d-4
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.1%
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IA
CUSIP: 225305903 Page 3 of 9
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Emerging Markets Growth Fund, Inc.
95-4026510
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE
INSTRUCTIONS) (a)
(b)
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Maryland
5 SOLE VOTING POWER
5,537,162
6 SHARED VOTING POWER
NUMBER OF
SHARES
NONE
BENEFICIALL
Y OWNED BY
7 SOLE DISPOSITIVE POWER
EACH
REPORTING
NONE
PERSON
WITH:
8 SHARED DISPOSITIVE POWER
NONE
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,537,162
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.9%
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IV
CUSIP: 225305903 Page 4 of 9
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Schedule 13G
Under the Securities Exchange Act of 1934
Amendment No. 5
Item 1(a) Name of issuer:
Credicorp Ltd.
Item 1(b) Address of issuer's principal executive offices:
Clarendon House
Church Street
Hamilton HM 11
Bermuda
Item 2(a) Name of person(s) filing:
Capital Group International, Inc., Capital International, Inc. and
Emerging Markets Growth Fund, Inc.
Item 2(b) Address or principal business office or, if none, residence:
11100 Santa Monica Blvd.
Los Angeles, CA 90025
Item 2(c) Citizenship: N/A
Item 2(d) Title of class of securities:
Common Stock
Item 2(e) CUSIP No.:
225305903
Item 3 If this statement is filed pursuant to sections 240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filings is a:
(d) [X] Investment Company registered under section 8 of the
Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e) [X] An investment adviser in accordance with section
240.13d-1(b)(1)(ii)(E).
(g) [X] A parent holding company or control person in
accordance with section 240.13d-1(b)(1)(ii)(G).
Item 4 Ownership
Provide the following information regarding the aggregate number
and percentage of the class of securities of the issuer identified
in Item 1.
See pages 2 to 4
(a) Amount beneficially owned:
(b) Percent of class:
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
(ii) Shared power to vote or to direct the vote:
(iii) Sole power to dispose or to direct the disposition of:
(iv) Shared power to dispose or to direct the disposition of:
CUSIP: 225305903 Page 5 of 9
Capital Group International, Inc. is the parent holding company of
a group of investment management companies that hold investment
power and, in some cases, voting power over the securities reported
in this Schedule 13G. The investment management companies, which
include a "bank" as defined in Section 3(a)6 of the Securities
Exchange Act of 1934 (the "Act") and several investment advisers
registered under Section 203 of the Investment Advisers Act of
1940, provide investment advisory and management services for their
respective clients which include registered investment companies
and institutional accounts. Capital Group International, Inc. does
not have investment power or voting power over any of the
securities reported herein; however, Capital Group International,
Inc. may be deemed to "beneficially own" such securities by virtue
of Rule 13d-3 under the Act.
Capital International, Inc., an investment adviser registered under
Section 203 of the Investment Advisers Act of 1940 is deemed to be
the beneficial owner of 8,066,290 shares or 10.1% of the 80,180,000
shares of Common Stock believed to be outstanding as a result of
acting as investment adviser to various investment companies and
institutional accounts.
Emerging Markets Growth Fund, Inc., an investment company
registered under the Investment Company Act of 1940, which is
advised by Capital International, Inc., is the beneficial owner of
5,537,162 shares or 6.9% of the 80,180,000 shares of Common Stock
believed to be outstanding.
Item 5 Ownership of 5 percent or Less of a Class. If this statement is
being filed to report the fact that as of the date hereof the
reporting person has ceased to be the beneficial owner of more than
5 percent of the class of securities, check the following: [ ]
Item 6 Ownership of More than 5% on Behalf of Another Person: N/A
Item 7 Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company or
Control Person.
1.
Capital International Research and Management, Inc. dba Capital
International, Inc. is an investment adviser registered under
Section 203 of the Investment Advisers Act of 1940 and is a
wholly owned subsidiary of Capital Group International, Inc.
2.
Capital International S.A. (CISA) does not fall within any of the
categories described in Rule 13d-1-(b)(ii)(A-F) but its holdings
of any reported securities come within the five percent
limitation as set forth in a December 15, 1986 no-action letter
from the Staff of the Securities and Exchange Commission to The
Capital Group Companies, Inc. CISA is a wholly owned subsidiary
of Capital Group International, Inc.
CUSIP: 225305903 Page 6 of 9
3.
Capital International Limited (CIL) does not fall within any of
the categories described in Rule 13d-1-(b)(ii)(A-F) but its
holdings of any reported securities come within the five percent
limitation as set forth in a December 15, 1986 no-action letter
from the Staff of the Securities and Exchange Commission to The
Capital Group Companies, Inc. CIL is a wholly owned subsidiary of
Capital Group International, Inc.
4.
Capital International, Inc. serves as investment adviser to
Emerging Markets Growth Fund, Inc., an investment company
registered under the Investment Company Act of 1940.
Item 8 Identification and Classification of Members of the Group: N/A
Item 9 Notice of Dissolution of Group: N/A
Item 10 Certification
By signing below, I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are held
in the ordinary course of business and were not acquired and are
not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were
not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
Signature
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement
is true, complete and correct.
Date: February 12, 2002
Signature: *David I. Fisher
Name/Title: David I. Fisher, Chairman
Capital Group International, Inc.
Date: February 12, 2002
Signature: *David I. Fisher
Name/Title: David I. Fisher, Vice Chairman
Capital International, Inc.
CUSIP: 225305903 Page 7 of 9
Date: February 12, 2002
Signature: *David I. Fisher
Name/Title: David I. Fisher, Vice Chairman
Emerging Markets Growth Fund, Inc.
*By /s/ Kenneth R. Gorvetzian
Kenneth R. Gorvetzian
Attorney-in-fact
Signed pursuant to a Power of Attorney dated December 19,
2000 included as an Exhibit to Schedule 13G filed with the
Securities and Exchange Commission by Capital Group
International, Inc. on February 9, 2001 with respect to
Abitibi-Consolidated Inc.
CUSIP: 225305903 Page 8 of 9
AGREEMENT
Los Angeles, CA
February 12, 2002
Capital Group International, Inc. ("CGII"), Capital International, Inc.
("CII") and Emerging Markets Growth Fund, Inc. ("EMGF") hereby agree to
file a joint statement on Schedule 13G under the Securities Exchange Act of
1934 (the "Act") in connection with their beneficial ownership of Common
Stock issued by Credicorp Ltd.
CGII, CII and EMGF state that they are each entitled to individually use
Schedule 13G pursuant to Rule 13d-1(c) of the Act.
CGII, CII and EMGF are each responsible for the timely filing of the
statement and any amendments thereto, and for the completeness and accuracy
of the information concerning each of them contained therein but are not
responsible for the completeness or accuracy of the information concerning
the others.
CAPITAL GROUP INTERNATIONAL, INC.
BY: *David I. Fisher
David I. Fisher, Chairman
Capital Group International,
Inc.
CAPITAL INTERNATIONAL, INC.
BY: *David I. Fisher
David I. Fisher, Vice Chairman
Capital International, Inc.
EMERGING MARKETS GROWTH FUND, INC.
BY: *David I. Fisher
David I. Fisher, Vice Chairman
Emerging Markets Growth Fund,
Inc.
*By /s/ Kenneth R. Gorvetzian
Kenneth R. Gorvetzian
Attorney-in-fact
Signed pursuant to a Power of Attorney dated December 19, 2000
included as an Exhibit to Schedule 13G filed with the Securities and
Exchange Commission by Capital Group International, Inc. on February
9, 2001 with respect to Abitibi-Consolidated Inc.
CUSIP: 225305903 Page 9 of 9