UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 19)

Aberdeen Australia Equity Fund, Inc.

(Name of Issuer)

 

Common Stock, par value $.01 per share

(Title of Class of Securities)

 

318652104

(CUSIP Number)

 

Moritz Sell

Landesbank Berlin AG

Alexanderplatz 2

D-10178 Berlin

Germany

+44.20.7572.6200

________________________________________________________________________________________

 

(Name, Address and Telephone Number of Person Authorized to

Receive Notices and Communications)

 

April 11, 2007

(Date of Event which Requires Filing of this Statement)

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-l(e), 240.13d-l(f) or 240.13d-l(g), check the following box. o

 


CUSIP No. 889050 10 0

 

 

1.

Names of Reporting Persons.

 

I.R.S. Identification Nos. of above persons (entities only).

 

 

Landesbank Berlin Holding AG

 

 

IRS No.

 

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

[ X ]

 

(b)

[

]

 

 

3.

SEC Use Only  

 

 

 

4.

Source of Funds (See Instructions)

 

 

 

5.

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o

 

 

6.

Citizenship or Place of Organization

 

 

Federal Republic of Germany

 

 

Number of

7.

Sole Voting Power:

Shares Bene-

ficially

8.

Shared Voting Power: 2,592,641

Owned by Each

Reporting

9.

Sole Dispositive Power:

Person with:

 

10.

Shared Dispositive Power: 2,592,641

 

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

 

2,592,641

 

12.         Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

o

 

 

13.

Percent of Class Represented by Amount in Row (11)

13.6%

 

 

 

 

 

14.

Type of Reporting Person (See Instructions)

HC

 

 

 

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CUSIP No. 889050 10 0

 

1.

Names of Reporting Persons.

 

I.R.S. Identification Nos. of above persons (entities only).

 

Landesbank Berlin AG

 

 

IRS No.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

(a)

[ X ]

 

(b)

[

]

 

 

 

3.

SEC Use Only  

 

 

 

4.

Source of Funds (See Instructions)

 

 

 

5.

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o

 

 

 

6.

Citizenship or Place of Organization

 

Federal Republic of Germany

 

 

Number of

7.

Sole Voting Power: 2,592,641

Shares Bene-

ficially

8.

Shared Voting Power:

Owned by Each

Reporting

9.

Sole Dispositive Power: 2,592,641

Person with:

 

10.

Shared Dispositive Power:

 

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

2,592,641

 

 

12.         Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

o

 

 

 

13.

Percent of Class Represented by Amount in Row (11)

13.6%

 

 

 

14.

Type of Reporting Person (See Instructions)

BK

 

 

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This Amendment No. 19 amends and supplements items 2, 4 and 5 of the Statement on Schedule 13D of Landesbank Berlin AG (“LB”), a wholly owned subsidiary of Landesbank Berlin Holding AG (the "Parent"), with respect to the shares of Common Stock, par value $.01 per share (the "Common Stock"), of the Aberdeen Australia Equity Fund, Inc. (the "Fund"). Statements by LB and the Parent that are not modified in this amendment are not amended and remain as previously reported.

Item 2. Identity and Background

The amendment to Annex B hereto sets forth the name, address and principal occupation of each director and executive officer of LB. Based on the information about the persons listed on Annex B that is available to the Parent and LB pursuant to German labor law (including a police certificate of no criminal record), neither the Parent nor LB is aware of any information to the effect that any such person has during the last five years been party to any such criminal or civil proceeding. All of the individuals listed on Annex B are citizens of the Federal Republic of Germany.

 

Item 4. Purpose of Transaction

LB has effected the sales of shares of Common Stock shown in item 5 below pursuant to rule 144 under the Securities Act of 1933 (the “Securities Act”). In addition, the Fund's Board of Directors has authorized the preparation by the Fund of a registration statement, at LB's expense, to register LB's remaining shares of Common Stock for sale in a public offering pursuant to the registration provisions of the Securities Act. LB currently anticipates that the plan of distribution contained in the registration statement will contemplate at-the-market sales and not an underwritten offering.

Pending and after the effectiveness of the registration statement LB reserves the right to make additional sales of its shares of Common Stock pursuant rule 144, subject to the rule's filing requirements and limitations on the permitted volume of sales and the manner in which shares may be sold. Depending on market conditions, LB also reserves the right not to engage in sales of shares of Common Stock.

 

Item 5. Interest in Securities of the Issuer

 

(a) According to the Fund’s definitive proxy statement filed on February 14, 2007, there were 19,114,918 shares of Common Stock outstanding at January 16, 2007. The percentages set forth in this Item 5(a) are derived using such number. Each of the Parent and LB is the beneficial owner of 2,592,641 shares of Common Stock, which constitute approximately 13.6% of the outstanding shares of Common Stock.

(c) During the last sixty days, LB has effected the following sales of shares of Common Stock in reliance upon rule 144 under the Securities Act:

 

DATE

NUMBER OF SHARES

PRICE PER SHARE

(net of commissions)

03/21/2007

42,700

$15.001

03/22/2007

9,000

$15.175

03/26/2007

16,500

$15.3104

04/04/2007

20,000

$15.2863

04/05/2007

31,500

$15.4398

04/10/2007

48,900

$16.033

04/11/2007

22,500

$15.8697

 

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Signature

After reasonable inquiry and to the best of the undersigned’s knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

Date: April 25, 2007

 

 

LANDESBANK BERLIN HOLDING AG

 

 

By:

/s/ Dirk Kipp

 

Name: Dirk Kipp

 

Title:

Authorized Signatory

 

 

By:

/s/ Volker Alt

 

Name: Volker Alt

 

Title:

Authorized Signatory

 

 

LANDESBANK BERLIN AG

 

 

By: /s/ Dirk Kipp

 

Name: Dirk Kipp

 

Title: Managing Director

 

 

By: /s/ Moritz Sell

 

Name: Moritz Sell

 

Title:

Director

 

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Annex B

 

Unless otherwise indicated, the business address for all individuals listed in this Annex B is Landesbank Berlin AG, Alexanderplatz 2, D-10178 Berlin, Federal Republic of Germany.

 

Landesbank Berlin AG

 

Members of the Managing Board

Name and Address

Principal Occupation

Hans-Jörg Vetter
Alexanderplatz 2
D-10178 Berlin

Chairman of the Managing Board of
Landesbank Berlin AG

Serge Demolière
Alexanderplatz 2
D-10178 Berlin

Member of the Managing Board of
Landesbank Berlin AG

Dr. Johannes Evers
Alexanderplatz 2
D-10178 Berlin

Member of the Managing Board of
Landesbank Berlin AG

Uwe Kruschinski
Alexanderplatz 2
D-10178 Berlin

Member of the Managing Board of
Landesbank Berlin AG

Hans Jürgen Kulartz
Alexanderplatz 2
D-10178 Berlin

Member of the Managing Board of
Landesbank Berlin AG

Martin Klaus Müller
Alexanderplatz 2
D-10178 Berlin

Member of the Managing Board of
Landesbank Berlin AG

Dr. Thomas Veit
Alexanderplatz 2
D-10178 Berlin

Member of the Managing Board of
Landesbank Berlin AG

 

Executive Officers

Name and Address

Principal Occupation

Alt, Volker
Landesbank Berlin AG
Recht
Alexanderplatz 2
D-10178 Berlin

Managing Director of Landesbank Berlin AG

Berentin, Ronald
Landesbank Berlin AG
Berliner Sparkasse
Kredit Firmenkunden und Privatkunden
Brunnenstraße 111
D-13355 Berlin

Managing Director of Landesbank Berlin AG

 

 

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Name and Address

Principal Occupation

Boenke, Frank-Michael
Landesbank Berlin AG
Compliance
Brunnenstraße 111
D-13355 Berlin

Managing Director of Landesbank Berlin AG

Brummel, Beate
Landesbank Berlin AG
Kreditbereich Kapitalmarkt
Strukturierte Finanzierungen/Projektfinanzierungen
Alexanderplatz 2
D-10178 Berlin

Managing Director of Landesbank Berlin AG

Burmester, Dr. Christian
Landesbank Berlin AG
London Branch
1 Crown Court
Cheapside
GB-London EC2V 6LR

General Manager of Landesbank Berlin AG
London Branch

Butzer, Arnold
Landesbank Berlin AG
Vertrieb Immobilienfinanzierung
Berlin und Neue Bundesländer
Corneliusstr, 7
D-10787 Berlin

Managing Director of Landesbank Berlin AG

Günther, Steffen
Landesbank Berlin AG
Geschäftsfeldstab Immobilienfinanzierung
Corneliusstr, 7
D-10787 Berlin

Managing Director of Landesbank Berlin AG

Gottschalk, Gudrun
Landesbank Berlin AG
Datenschutz und Geldwäsche
Brunnenstr. 111
D-13355 Berlin

Managing Director of Landesbank Berlin AG

Hirschhaeuser, Dr. Karl-Friedrich
Landesbank Berlin AG
Risikocontrolling
Brunnenstraße 111
D-13355 Berlin

Managing Director of Landesbank Berlin AG

Jänichen, Michael
Landesbank Berlin AG
Berliner Sparkasse
Firmenkunden
Badensche Str. 23
D-10715 Berlin

Managing Director of Landesbank Berlin AG

 

 

-7-

 


Name and Address

Principal Occupation

Jordan, Axel (komm.)
Landesbank Berlin AG
Kredit Immobilien
Corneliusstraße 7
D-10787 Berlin

Managing Director of Landesbank Berlin AG

Kipp, Dirk
Landesbank Berlin AG
Treasury & Trading
Alexanderplatz 2
D-10178 Berlin

Managing Director of Landesbank Berlin AG

Lange, Axel
Landesbank Berlin AG
Kreditbereich IBAG/IBG
Hardenbergstr. 20
D-10623 Berlin

Managing Director of Landesbank Berlin AG

Papesch, Uwe
Landesbank Berlin AG
Client Business
Alexanderplatz 2
D-10178 Berlin

Managing Director of Landesbank Berlin AG

Pritzsche, Wolfgang
Landesbank Berlin AG
Finanzen
Brunnenstraße 111
D-13355 Berlin

Managing Director of Landesbank Berlin AG

Reutter, Dr. Georg
Landesbank Berlin AG
Vertrieb Immobilienfinanzierung
Alte Bundesländer
Corneliusstr, 7
D-10787 Berlin

Managing Director of Landesbank Berlin AG

Richardt, Claus-Günther
Landesbank Berlin AG
Berliner Sparkasse
Vermögensanlagen
Badensche Str. 23
D-10715 Berlin

Managing Director of Landesbank Berlin AG

Roller, Gerhard
Landesbank Berlin AG
Internationales Geschäft
Alexanderplatz 2
D-10178 Berlin-

Managing Director of Landesbank Berlin AG

 

 

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Name and Address

Principal Occupation

Scheer, Heinz-Günter
Landesbank Berlin AG
Unternehmensentwicklung
Alexanderplatz 2
D-10178 Berlin

Managing Director of Landesbank Berlin AG

Schölper, Siegfried
Landesbank Berlin AG
Controlling
Alexanderplatz 2
D-10178 Berlin

Managing Director of Landesbank Berlin AG

Schroeder, Bartho
Landesbank Berlin AG
Business Management
Alexanderplatz 2
D-10178 Berlin

Managing Director of Landesbank Berlin AG

Thanheiser, Michael
Landesbank Berlin AG
Berliner Sparkasse
Privatkunden
Badensche Str. 23
D-10715 Berlin

Managing Director of Landesbank Berlin AG

 

 

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