<SEC-DOCUMENT>0000728889-12-000248.txt : 20120206
<SEC-HEADER>0000728889-12-000248.hdr.sgml : 20120206
<ACCEPTANCE-DATETIME>20120206110556
ACCESSION NUMBER:		0000728889-12-000248
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20120206
DATE AS OF CHANGE:		20120206

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ambow Education Holding Ltd.
		CENTRAL INDEX KEY:			0001494558
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-EDUCATIONAL SERVICES [8200]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-85611
		FILM NUMBER:		12572403

	BUSINESS ADDRESS:	
		STREET 1:		18 FL. BLDG. A, CHENJIAN PLAZA, NO. 18
		STREET 2:		BEITAIPING ZHUANG RD.
		CITY:			BEIJING
		STATE:			F4
		ZIP:			100088
		BUSINESS PHONE:		86 (10) 6206-8000

	MAIL ADDRESS:	
		STREET 1:		18 FL. BLDG. A, CHENJIAN PLAZA, NO. 18
		STREET 2:		BEITAIPING ZHUANG RD.
		CITY:			BEIJING
		STATE:			F4
		ZIP:			100088

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			OPPENHEIMER FUNDS INC
		CENTRAL INDEX KEY:			0000728889
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			CO
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		6803 SOUTH TUCSON WAY
		STREET 2:		N/A
		CITY:			CENTENNIAL
		STATE:			CO
		ZIP:			80112-3924
		BUSINESS PHONE:		303-768-3200

	MAIL ADDRESS:	
		STREET 1:		6803 SOUTH TUCSON WAY
		STREET 2:		N/A
		CITY:			CENTENNIAL
		STATE:			CO
		ZIP:			80112-3924

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	OPPENHEIMER MANAGEMENT CORP
		DATE OF NAME CHANGE:	19940131
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>ambowed13ga2.htm
<DESCRIPTION>SCHEDULE 13G
<TEXT>
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        <p style="MARGIN-TOP: 5pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 5pt; MARGIN-LEFT: 0in; FONT-SIZE: 11pt; FONT-WEIGHT: bold" align="center"><b>UNITED STATES<br>
        SECURITIES AND EXCHANGE COMMISSION<br>
        Washington, D.C. 20549</b></p>

        <p></p>

        <p style="MARGIN-TOP: 5pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 5pt; MARGIN-LEFT: 0in; FONT-SIZE: 14pt; FONT-WEIGHT: bold" align="center"><b><font style="FONT-SIZE: 11pt">SCHEDULE 13G</font></b></p>

        <p style="MARGIN-TOP: 5pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 5pt; MARGIN-LEFT: 0in; FONT-SIZE: 11pt; FONT-WEIGHT: bold" align="center"><b>Under the Securities Exchange Act of 1934<br>
        (Amendment No. _<u>2</u>)*</b></p>

        <p></p>

        <table style="MARGIN-LEFT: 0in" border="0" cellspacing="0" cellpadding="0" width="600">
            <tr>
                <td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in" valign="top" width="692">
                    &nbsp;

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; FONT-SIZE: 11pt" align="center">Ambow Education Holding Ltd<br>
                    &nbsp;<br>
                    (Name of Issuer)</p>
                </td>
            </tr>

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                <td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in" valign="top" width="692">
                    &nbsp;

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; FONT-FAMILY: 'COURIER NEW'; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; FONT-SIZE: 10pt" align="center"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'; FONT-SIZE: 11pt">American Depositary Shares each representing two Class A Ordinary Shares, par value $0.0001 per Ordinary Shares</font><br>
                    &nbsp;</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; FONT-SIZE: 11pt" align="center">(Title of Class of Securities)</p>
                </td>
            </tr>

            <tr style="HEIGHT: 55.1pt">
                <td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in" valign="top" width="692">
                    &nbsp;

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; FONT-FAMILY: 'COURIER NEW'; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; FONT-SIZE: 10pt" align="center"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'; FONT-SIZE: 11pt">02322P101</font><br>
                    &nbsp;<br>
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'; FONT-SIZE: 11pt">(CUSIP Number)</font></p>
                </td>
            </tr>

            <tr style="HEIGHT: 55.1pt">
                <td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in" valign="top" width="692">
                    &nbsp;

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">12/31/2011<br>
                    &nbsp;<br>
                    (Date of Event Which Requires Filing of this Statement)</p>
                </td>
            </tr>
        </table>

        <p></p>

        <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; FONT-SIZE: 11pt" align="left">Check the appropriate box to designate the rule pursuant to which this Schedule is filed:</p>

        <table border="0" cellspacing="0" cellpadding="0" width="600">
            <tr>
                <td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.04in; PADDING-RIGHT: 0.04in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in" valign="middle" width="64">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">[X]</p>
                </td>

                <td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.04in; PADDING-RIGHT: 0.04in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in" valign="middle" width="166">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Rule 13d-1(b)</p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.04in; PADDING-RIGHT: 0.04in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in" valign="middle" width="64">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">[ ]</p>
                </td>

                <td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.04in; PADDING-RIGHT: 0.04in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in" valign="middle" width="166">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Rule 13d-1(c)</p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.04in; PADDING-RIGHT: 0.04in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in" valign="middle" width="64">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">[ ]</p>
                </td>

                <td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.04in; PADDING-RIGHT: 0.04in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in" valign="middle" width="166">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Rule 13d-1(d)</p>
                </td>
            </tr>
        </table>

        <p></p>

        <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">*The remainder of this cover page shall be filled out for a reporting person&rsquo;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.<br>
        &nbsp;<br>
        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).</p>

        <p></p>
        <!-- PAGE BREAK  -->

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            <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; FONT-SIZE: 11pt" align="right">Page <a name="PAGENUM">2</a> of 5</p>
        </div>

        <table style="MARGIN-LEFT: 0.1in" border="0" cellspacing="0" cellpadding="0" width="600">
            <tr>
                <td style="BORDER-BOTTOM: black 2.3pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: black 2.3pt solid; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="712" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">CUSIP No. 02322P101<br>
                    </p>
                </td>
            </tr>

            <tr style="HEIGHT: 56.3pt">
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="109">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">1.</p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="603">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Names of Reporting Persons:<br>
                    &nbsp;<br>
                    OppenheimerFunds, Inc.</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">IRS No. 13-2527171</p>
                </td>
            </tr>

            <tr style="HEIGHT: 39.8pt">
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="109">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">2.</p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="603">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Check the Appropriate Box if a Member of a Group (See Instructions): Joint filing</p>
                </td>
            </tr>

            <tr style="HEIGHT: 34.6pt">
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BACKGROUND: #ffffff; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="109">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">3.</p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BACKGROUND: #ffffff; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="603">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">SEC Use Only</p>
                </td>
            </tr>

            <tr style="HEIGHT: 38.3pt">
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="109">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">4.</p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="603">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Citizenship or Place of Organization:<br>
                    Colorado</p>
                </td>
            </tr>

            <tr style="HEIGHT: 24.3pt">
                <td style="BORDER-BOTTOM: black 2.3pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="middle" width="109">&nbsp;</td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="603">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Number of Shares Beneficially Owned by Each Reporting Person With:</p>
                </td>
            </tr>

            <tr style="HEIGHT: 24.3pt">
                <td style="BORDER-BOTTOM: black 2.3pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="middle" width="109">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">5.</p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="603">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Sole Voting Power:</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">0</p>
                </td>
            </tr>

            <tr style="HEIGHT: 24.3pt">
                <td style="BORDER-BOTTOM: black 2.3pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="middle" width="109">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">6.</p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="603">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Shared Voting Power:</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">2,690,048</p>
                </td>
            </tr>

            <tr style="HEIGHT: 24.3pt">
                <td style="BORDER-BOTTOM: black 2.3pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="middle" width="109">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">7.</p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="603">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Sole Dispositive Power:</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">0</p>
                </td>
            </tr>

            <tr style="HEIGHT: 24.3pt">
                <td style="BORDER-BOTTOM: black 2.3pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="middle" width="109">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">8.</p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="603">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Shared Dispositive Power:</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">2,690,048</p>
                </td>
            </tr>

            <tr style="HEIGHT: 36.8pt">
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="109">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">9.</p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="603">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Aggregate Amount Beneficially Owned by Each Reporting Person:</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">2,690,048 (beneficial ownership disclaimed pursuant to Rule 13d-4 of the Exchange Act of 1934)</p>
                </td>
            </tr>

            <tr style="HEIGHT: 36.8pt">
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="109">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">10.</p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="603">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)<br>
                    [ ]</p>
                </td>
            </tr>

            <tr style="HEIGHT: 36.8pt">
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="109">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">11.</p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="603">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Percent of Class Represented by Amount in Row (9):</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">25.19%</p>
                </td>
            </tr>

            <tr style="HEIGHT: 22.5pt">
                <td style="BORDER-BOTTOM: black 2.3pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="109">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">12.<br>
                    </p>
                </td>

                <td style="BORDER-BOTTOM: black 2.3pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="603">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Type of Reporting Person (See Instructions):<br>
                    IA</p>
                </td>
            </tr>
        </table>
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            <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; FONT-SIZE: 11pt" align="right">Page <a name="PAGENUM">3</a> of 5</p>
        </div>

        <p></p>

        <table style="MARGIN-LEFT: 0.1in" border="0" cellspacing="0" cellpadding="0" width="600">
            <tr>
                <td style="BORDER-BOTTOM: black 2.3pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: black 2.3pt solid; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="712" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">CUSIP No.02322P101<br>
                    </p>
                </td>
            </tr>

            <tr style="HEIGHT: 56.3pt">
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="109">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">1.</p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="603">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Names of Reporting Persons:</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">IRS Identification No. 93-6305075</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Oppenheimer Developing Markets Fund<br>
                    </p>
                </td>
            </tr>

            <tr style="HEIGHT: 39.8pt">
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="109">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">2.</p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="603">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Check the Appropriate Box if a Member of a Group (See Instructions): Joint filing</p>
                </td>
            </tr>

            <tr style="HEIGHT: 34.6pt">
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BACKGROUND: #ffffff; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="109">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">3.</p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BACKGROUND: #ffffff; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="603">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">SEC Use Only</p>
                </td>
            </tr>

            <tr style="HEIGHT: 38.3pt">
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="109">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">4.</p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="603">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Citizenship or Place of Organization:<br>
                    Massachusetts</p>
                </td>
            </tr>

            <tr style="HEIGHT: 24.3pt">
                <td style="BORDER-BOTTOM: black 2.3pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="middle" width="109">&nbsp;</td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="603">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Number of Shares Beneficially Owned by Each Reporting Person With:</p>
                </td>
            </tr>

            <tr style="HEIGHT: 24.3pt">
                <td style="BORDER-BOTTOM: black 2.3pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="middle" width="109">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">5.</p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="603">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Sole Voting Power:</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">2,272,028</p>
                </td>
            </tr>

            <tr style="HEIGHT: 24.3pt">
                <td style="BORDER-BOTTOM: black 2.3pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="middle" width="109">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">6.</p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="603">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Shared Voting Power:</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">0</p>
                </td>
            </tr>

            <tr style="HEIGHT: 24.3pt">
                <td style="BORDER-BOTTOM: black 2.3pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="middle" width="109">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">7.</p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="603">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Sole Dispositive Power:</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">0</p>
                </td>
            </tr>

            <tr style="HEIGHT: 24.3pt">
                <td style="BORDER-BOTTOM: black 2.3pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="middle" width="109">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">8.</p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="603">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Shared Dispositive Power:</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">2,272,028</p>
                </td>
            </tr>

            <tr style="HEIGHT: 36.8pt">
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="109">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">9.</p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="603">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Aggregate Amount Beneficially Owned by Each Reporting Person:</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">2,272,028 (beneficial ownership disclaimed pursuant to Rule 13d-4 of the Exchange Act of 1934)</p>
                </td>
            </tr>

            <tr style="HEIGHT: 36.8pt">
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="109">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">10.</p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="603">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)<br>
                    [ ]</p>
                </td>
            </tr>

            <tr style="HEIGHT: 36.8pt">
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="109">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">11.</p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="603">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Percent of Class Represented by Amount in Row (9):</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">21.28</p>
                </td>
            </tr>

            <tr style="HEIGHT: 22.5pt">
                <td style="BORDER-BOTTOM: black 2.3pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="109">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">12.<br>
                    </p>
                </td>

                <td style="BORDER-BOTTOM: black 2.3pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="603">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Type of Reporting Person (See Instructions):</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">IV</p>
                </td>
            </tr>
        </table>
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            <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; FONT-SIZE: 11pt" align="right">Page <a name="PAGENUM">4</a> of 5</p>
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        <p></p>

        <table style="MARGIN-LEFT: 0in" border="0" cellspacing="0" cellpadding="0" width="600">
            <tr>
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: black 0.5pt solid; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="689" colspan="2">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Item:</p>
                </td>
            </tr>

            <tr style="HEIGHT: 16.5pt">
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="111">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">1(a)<br>
                    </p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="578">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Name of Issuer:</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Ambow Education Holding Ltd.</p>
                </td>
            </tr>

            <tr style="HEIGHT: 16.5pt">
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="111">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">1(b)<br>
                    </p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="578">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Address of Issuer's Principal Executive Offices:</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">18<sup>th</sup> Floor, Building A, Chengiian Plaza No. 18,</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">BeiTaiPingZhuang Road<br>
                    Haidian District, Beijing, 100088</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">People&rsquo;s Republic of China</p>
                </td>
            </tr>

            <tr style="HEIGHT: 16.5pt">
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="111">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">2(a)<br>
                    </p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="578">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Name of Person Filing:<br>
                    </p>

                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'; FONT-SIZE: 11pt">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>OppenheimerFunds, Inc.</p>

                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'; FONT-SIZE: 11pt">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>Oppenheimer Developing Markets Fund</p>
                </td>
            </tr>

            <tr style="HEIGHT: 16.5pt">
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="111">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">2(b)<br>
                    </p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="578">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Address of Principal Business Office or, if none, Residence:</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">(i) Two World Financial Center</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">225 Liberty Street</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">New York, NY 10281</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">(ii) 6803 South Tucson Way<br>
                    Centennial, CO 80112-3924</p>
                </td>
            </tr>

            <tr style="HEIGHT: 16.5pt">
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="111">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">2(c)<br>
                    </p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="578">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Citizenship:<br>
                    </p>

                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'; FONT-SIZE: 11pt">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>Colorado</p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'; FONT-SIZE: 11pt">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>Massachusetts</p>
                </td>
            </tr>

            <tr style="HEIGHT: 16.5pt">
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="111">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">2(d)<br>
                    </p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="578">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Title of Class of Securities:</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">American Depositary Shares each representing two Class A Ordinary Shares, par value $0.0001 per Ordinary Shares</p>
                </td>
            </tr>

            <tr style="HEIGHT: 16.5pt">
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="111">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">2(e)<br>
                    </p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="578">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">CUSIP Number:</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">02322P101</p>
                </td>
            </tr>

            <tr style="HEIGHT: 16.5pt">
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="111">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">3</p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="578">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">OppenheimerFunds, Inc. is an investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E). Oppenheimer Developing Markets Fund is an investment company registered under section 8 of the Investment Company Act of 1940.</p>
                </td>
            </tr>

            <tr style="HEIGHT: 16.5pt">
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="111">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">4(a)<br>
                    </p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="578">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Amount beneficially owned:<br>
                    </p>

                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'; FONT-SIZE: 11pt">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>2,690,048 (beneficial ownership disclaimed pursuant to Rule 13d-4 of the Exchange Act of 1934)</p>

                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'; FONT-SIZE: 11pt">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>2,272,028</p>
                </td>
            </tr>

            <tr style="HEIGHT: 16.5pt">
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="111">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">4(b)<br>
                    </p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="578">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Percent of class:<br>
                    </p>

                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'; FONT-SIZE: 11pt">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>25.19</p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'; FONT-SIZE: 11pt">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>21.28</p>
                </td>
            </tr>
        </table>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0.4in" align="left">4(c)</p>

        <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 20px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0.4in" align="left">(i)</p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 20px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0.4in" align="left">(ii)</p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 20px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0.4in" align="left">(iii)</p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 20px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0.4in" align="left">(iv)</p>

        <table style="MARGIN-LEFT: 0in" border="0" cellspacing="0" cellpadding="0" width="600">
            <tr>
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: black 0.5pt solid; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="111">&nbsp;</td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: black 0.5pt solid; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="578">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Number of shares as to which the person has:<br>
                    Sole power to vote or to direct the vote:<br>
                    </p>

                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'; FONT-SIZE: 11pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>0</p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'; FONT-SIZE: 11pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>0</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Shared power to vote or to direct the vote:<br>
                    </p>

                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'; FONT-SIZE: 11pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>2,690,048</p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'; FONT-SIZE: 11pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>2,272,028</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Sole power to dispose or to direct the disposition of:<br>
                    </p>

                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0.2in"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'; FONT-SIZE: 11pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>0</p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'; FONT-SIZE: 11pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>0</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Shared power to dispose or to direct the disposition of:<br>
                    </p>

                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'; FONT-SIZE: 11pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>2,690,048</p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'; FONT-SIZE: 11pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>2,272,028</p>
                </td>
            </tr>

            <tr style="HEIGHT: 16.5pt">
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="111">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">5.</p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="578">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Ownership of Five Percent or Less of a Class: [ ]</p>
                </td>
            </tr>

            <tr style="HEIGHT: 16.5pt">
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="111">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">6.<br>
                    </p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="578">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Ownership of More than Five Percent on Behalf of Another Person.:</p>

                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">N/A</p>
                </td>
            </tr>

            <tr style="HEIGHT: 16.5pt">
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="111">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">7.<br>
                    </p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="578">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company:<br>
                    N/A</p>
                </td>
            </tr>

            <tr style="HEIGHT: 16.5pt">
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="111">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">8.<br>
                    </p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="578">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Identification and Classification of Members of the Group:<br>
                    N/A</p>
                </td>
            </tr>

            <tr style="HEIGHT: 16.5pt">
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="111">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">9.<br>
                    </p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="578">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Notice of Dissolution of Group:<br>
                    N/A</p>
                </td>
            </tr>

            <tr style="HEIGHT: 16.5pt">
                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: black 0.5pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="111">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="center">10.</p>
                </td>

                <td style="BORDER-BOTTOM: black 0.5pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0.07in; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; BORDER-RIGHT: black 0.5pt solid; PADDING-TOP: 0in" valign="top" width="578">
                    <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">Certification:<br>
                    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.</p>
                </td>
            </tr>
        </table>

        <p></p>
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            <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; FONT-SIZE: 11pt" align="right">Page <a name="PAGENUM">5</a> of 5</p>
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        <p style="MARGIN-TOP: 5pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 5pt; MARGIN-LEFT: 0in; FONT-SIZE: 14pt; FONT-WEIGHT: bold" align="center"><b><font style="FONT-SIZE: 11pt">SIGNATURE</font></b></p>

        <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 0px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; FONT-SIZE: 11pt" align="left">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.</p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 360px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; FONT-SIZE: 10pt" align="left"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'; FONT-SIZE: 11pt">02/06/2012</font></p>

        <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 360px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; FONT-SIZE: 10pt" align="left"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'; FONT-SIZE: 11pt">Date</font></p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 324px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; FONT-SIZE: 10pt" align="left"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'; FONT-SIZE: 11pt">/s/ Mark S. Vandehey</font></p>

        <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 360px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; FONT-SIZE: 10pt" align="left"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'; FONT-SIZE: 11pt">Signature</font></p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 297px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; FONT-SIZE: 10pt" align="left"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'; FONT-SIZE: 11pt">Mark S. Vandehey, Sr. Vice President</font></p>

        <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 297px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; FONT-SIZE: 10pt" align="left"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'; FONT-SIZE: 11pt">and Chief Compliance Officer</font></p>

        <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 360px; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; FONT-SIZE: 10pt" align="left"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'; FONT-SIZE: 11pt">Name/Title</font></p>

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