CREDICORP LTD — Major Shareholding Notification 2003

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 7) Credicorp Ltd. - -------------------------------------------------------------------------------- (Name of Issuer) Common Shares - -------------------------------------------------------------------------------- (Title of Class of Securities) G2519Y 10 8 - -------------------------------------------------------------------------------- (CUSIP Number) N/A - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [ ] Rule 13d-1(c) [X] 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). Page 1 of 40 CUSIP No. G2519Y 10 8

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Page 24 of 40 CUSIP No. G2519Y 10 8 Item 1(a). Name of Issuer: Credicorp Ltd. Item 1(b). Address of Issuer's Principal Executive Offices: Clarendon House Church Street Hamilton HM11 Bermuda Item 2(a). Name of Persons Filing: See Exhibit B attached hereto. Item 2(b). Address of Principal Business Office or if None, Residence: See Exhibit B attached hereto. Item 2(c). Citizenship: See Item 4 on Page 2 See Item 4 on Page 3 See Item 4 on Page 4 See Item 4 on Page 5 See Item 4 on Page 6 See Item 4 on Page 7 See Item 4 on Page 8 See Item 4 on Page 9 See Item 4 on Page 10 See Item 4 on Page 11 See Item 4 on Page 12 See Item 4 on Page 13 See Item 4 on Page 14 See Item 4 on Page 15 See Item 4 on Page 16 See Item 4 on Page 17 See Item 4 on Page 18 See Item 4 on Page 19 See Item 4 on Page 20 See Item 4 on Page 21 See Item 4 on Page 22 See Item 4 on Page 23 See Item 4 on Page 24 Page 25 of 40 CUSIP No. G2519Y 10 8 Item 2(d). Title of Class of Securities: Common Shares Item 2(e). Cusip Number: G2519Y 10 8 Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b), check whether the person filing is a: Not Applicable (a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o) (b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c) (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c) (d) [ ] Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8) (e) [ ] An investment adviser in accordance with ss.240.13d-1(b)(1)(ii)(E) (f) [ ] An employee benefit plan or endowment fund in accordance with ss.240.13d-1(b)(1)(ii)(F) (g) [ ] A parent holding company or control person in accordance with ss.240.13d-1(b)(ii)(G) (h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3) (j) [ ] Group, in accordance with ss.240.13d-1(b)(1)(ii)(J) Item 4. Ownership (a) Amount Beneficially Owned: See Item 9 on Page 2 See Item 9 on Page 3 Page 26 of 40 CUSIP No. G2519Y 10 8 See Item 9 on Page 4 See Item 9 on Page 5 See Item 9 on Page 6 See Item 9 on Page 7 See Item 9 on Page 8 See Item 9 on Page 9 See Item 9 on Page 10 See Item 9 on Page 11 See Item 9 on Page 12 See Item 9 on Page 13 See Item 9 on Page 14 See Item 9 on Page 15 See Item 9 on Page 16 See Item 9 on Page 17 See Item 9 on Page 18 See Item 9 on Page 19 See Item 9 on Page 20 See Item 9 on Page 21 See Item 9 on Page 22 See Item 9 on Page 23 See Item 9 on Page 24 (b) Percent of Class: See Item 11 on Page 2 See Item 11 on Page 3 See Item 11 on Page 4 See Item 11 on Page 5 See Item 11 on Page 6 See Item 11 on Page 7 See Item 11 on Page 8 See Item 11 on Page 9 See Item 11 on Page 10 See Item 11 on Page 11 See Item 11 on Page 12 See Item 11 on Page 13 See Item 11 on Page 14 See Item 11 on Page 15 See Item 11 on Page 16 See Item 11 on Page 17 See Item 11 on Page 18 See Item 11 on Page 19 See Item 11 on Page 20 See Item 11 on Page 21 Page 27 of 40 CUSIP No. G2519Y 10 8 See Item 11 on Page 22 See Item 11 on Page 23 See Item 11 on Page 24 (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: See Item 5 on Page 2 See Item 5 on Page 3 See Item 5 on Page 4 See Item 5 on Page 5 See Item 5 on Page 6 See Item 5 on Page 7 See Item 5 on Page 8 See Item 5 on Page 9 See Item 5 on Page 10 See Item 5 on Page 11 See Item 5 on Page 12 See Item 5 on Page 13 See Item 5 on Page 14 See Item 5 on Page 15 See Item 5 on Page 16 See Item 5 on Page 17 See Item 5 on Page 18 See Item 5 on Page 19 See Item 5 on Page 20 See Item 5 on Page 21 See Item 5 on Page 22 See Item 5 on Page 23 See Item 5 on Page 24 (ii) Shared power to vote or to direct the vote: See Item 6 on Page 2 See Item 6 on Page 3 See Item 6 on Page 4 See Item 6 on Page 5 See Item 6 on Page 6 See Item 6 on Page 7 See Item 6 on Page 8 See Item 6 on Page 9 See Item 6 on Page 10 See Item 6 on Page 11 See Item 6 on Page 12 Page 28 of 40 CUSIP No. G2519Y 10 8 See Item 6 on Page 13 See Item 6 on Page 14 See Item 6 on Page 15 See Item 6 on Page 16 See Item 6 on Page 17 See Item 6 on Page 18 See Item 6 on Page 19 See Item 6 on Page 20 See Item 6 on Page 21 See Item 6 on Page 22 See Item 6 on Page 23 See Item 6 on Page 24 (iii) Sole power to dispose or to direct the disposition of: See Item 7 on Page 2 See Item 7 on Page 3 See Item 7 on Page 4 See Item 7 on Page 5 See Item 7 on Page 6 See Item 7 on Page 7 See Item 7 on Page 8 See Item 7 on Page 9 See Item 7 on Page 10 See Item 7 on Page 11 See Item 7 on Page 12 See Item 7 on Page 13 See Item 7 on Page 14 See Item 7 on Page 15 See Item 7 on Page 16 See Item 7 on Page 17 See Item 7 on Page 18 See Item 7 on Page 19 See Item 7 on Page 20 See Item 7 on Page 21 See Item 7 on Page 22 See Item 7 on Page 23 See Item 7 on Page 24 (iv) Shared power to dispose or to direct the disposition of: See Item 8 on Page 2 See Item 8 on Page 3 Page 29 of 40 CUSIP No. G2519Y 10 8 See Item 8 on Page 4 See Item 8 on Page 5 See Item 8 on Page 6 See Item 8 on Page 7 See Item 8 on Page 8 See Item 8 on Page 9 See Item 8 on Page 10 See Item 8 on Page 11 See Item 8 on Page 12 See Item 8 on Page 13 See Item 8 on Page 14 See Item 8 on Page 15 See Item 8 on Page 16 See Item 8 on Page 17 See Item 8 on Page 18 See Item 8 on Page 19 See Item 8 on Page 20 See Item 8 on Page 21 See Item 8 on Page 22 See Item 8 on Page 23 See Item 8 on Page 24 Item 5. Ownership of Five Percent or Less of a Class Not Applicable Item 6. Ownership of More than Five Percent on Behalf of Another Person Not Applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person Not Applicable Item 8. Identification and Classification of Members of the Group See Exhibit C attached hereto Item 9. Notice of Dissolution of Group Not Applicable Page 30 of 40 CUSIP No. G2519Y 10 8 Item 10. Certification Not Applicable 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. February 13, 2003 --------------------- (Date) /s/ Dionisio Romero Seminario ----------------------------- (Signature) Name: Dionisio Romero Seminario Title: Authorized Signatory EXHIBITS Exhibit A Joint Filing Statement Exhibit B Names of Persons Filing Exhibit C Identification and Classification of Members of Group Exhibit D Powers of Attorney with English Translations Exhibit A to Schedule 13G Joint Filing Agreement Pursuant to Rule 13d-1(k) The undersigned persons (the "Reporting Persons") hereby agree that a joint statement on this Schedule 13G, and any amendments thereto, be filed on their behalf by Dionisio Romero Seminario. Each of the Reporting Persons is responsible for the completeness and accuracy of the information concerning each of them contained therein, but none of the Reporting Persons is responsible for the completeness or accuracy of the information concerning any other Reporting Person. Date: February 13, 2003 ----------------- Dionisio Romero Seminario Jaime Helguero Checa Rosalina Maria Helguero Romero Jose Antonio Onrubia Romero Maria del Carmen Onrubia de Beeck Teresa Holder de Onrubia Eduardo Romero Guzman Eduardo Victoriano Onrubia Holder Maria Lourdes Onrubia Holder Maria Inmaculada Onrubia Holder Ana Silvia Guzman Portilla de Romero Manuel Antonio Romero Belismelis Alfredo Romero Belismelis Dionisio Romero Paoletti Birmingham Merchant S.A. Urigeler Internacional S.A. Maray S.A. Ransa Comercial S.A. Alicorp S.A. Robelis S.A. Vineyard Investment Inc. Belle Company Inc. Sparkling Business Inc. /s/ Dionisio Romero Seminario ----------------------------- Name: Dionisio Romero Seminario Attorney-in-fact Exhibit B to Schedule 13G Shareholders: Dionisio Romero Seminario Jaime Helguero Checa Rosalina Maria Helguero Romero Jose Antonio Onrubia Romero Maria del Carmen Onrubia de Beeck Teresa Holder de Onrubia Eduardo Romero Guzman Eduardo Victoriano Onrubia Holder Maria Lourdes Onrubia Holder Maria Inmaculada Onrubia Holder Ana Silvia Guzman Portilla de Romero Manuel Antonio Romero Belismelis Alfredo Romero Belismelis Dionisio Romero Paoletti Birmingham Merchant S.A. Urigeler Internacional S.A. Maray S.A. Ransa Comercial S.A. Alicorp S.A. Robelis S.A. Vineyard Investment Inc. Belle Company Inc. Sparkling Business Inc. Address: Las Laderas de Melagarejo La Molina Lima 12 Peru Exhibit C to Schedule 13G Members of Group: Dionisio Romero Seminario (IN) Jaime Helguero Checa (IN) Rosalina Maria Helguero Romero (IN) Jose Antonio Onrubia Romero (IN) Maria del Carmen Onrubia de Beeck (IN) Teresa Holder de Onrubia (IN) Eduardo Romero Guzman (IN) Eduardo Victoriano Onrubia Holder (IN) Maria Lourdes Onrubia Holder (IN) Maria Inmaculada Onrubia Holder (IN) Ana Silvia Guzman Portilla de Romero (IN) Manuel Antonio Romero Belismelis (IN) Alfredo Romero Belismelis (IN) Dionisio Romero Paoletti (IN) Birmingham Merchant S.A. (CO) Urigeler Internacional S.A. (CO) Maray S.A. (CO) Ransa Comercial S.A. (CO) Alicorp S.A. (CO) Robelis S.A. (CO) Vineyard Investment Inc. (CO) Belle Company Inc. (CO) Sparkling Business Inc. (CO) Aggregate Amount of Common Shares Beneficially Owned by Group: 14,693,928 Percent of Class: 15.6% Exhibit D Index D.1 Reciprocal General Power of Attorney granted between Messrs. Jose Antonio Onrubia Romero, Calixto Romero Seminario, Manuel Romero Seminario and Dionisio Romero Seminario dated November 6, 1970. (1) D.2 English-language summary of D.1 (2) D.3 General Power of Attorney from Rufina Romero Seminario de Helguero in favor of Calixto Romero Seminario, Manuel Romero Seminario and Dionisio Romero Seminario dated March 4, 1971. (3) D.4 English-language summary of D.3 (4) D.5 General Power of Attorney from Willy Beeck Navarro and Maria del Carmen Onrubia de Beeck to Calixto Romero Seminario, Manuel Romero Seminario and Dionisio Romero Seminario dated December 6, 1985. (5) D.6 English-language summary of D.5 (6) D.7 Power of Attorney from Vineyard Investment Inc. to Dionisio Romero Seminario dated February 5, 2003. D.8 Power of Attorney from Belle Company Inc. to Dionisio Romero Seminario dated February 5, 2003. D.9 Power of Attorney from Sparkling Business Inc. to Dionisio Romero Seminario dated February 5, 2003.* (1) Incorporated by reference to Exhibit D.1 to Amendment No. 6 to Schedule 13G, as filed by the Reporting Persons with the Securities and Exchange Commission on June 5, 2002. (2) Incorporated by reference to Exhibit D.2 to Amendment No. 6 to Schedule 13G, as filed by the Reporting Persons with the Securities and Exchange Commission on June 5, 2002. (3) Incorporated by reference to Exhibit D.3 to Amendment No. 6 to Schedule 13G, as filed by the Reporting Persons with the Securities and Exchange Commission on June 5, 2002. (4) Incorporated by reference to Exhibit D.4 to Amendment No. 6 to Schedule 13G, as filed by the Reporting Persons with the Securities and Exchange Commission on June 5, 2002. (5) Incorporated by reference to Exhibit D.5 to Amendment No. 6 to Schedule 13G, as filed by the Reporting Persons with the Securities and Exchange Commission on June 5, 2002. (6) Incorporated by reference to Exhibit D.6 to Amendment No. 6 to Schedule 13G, as filed by the Reporting Persons with the Securities and Exchange Commission on June 5, 2002. * Filed herewith. EXHIBIT D.7 POWER OF ATTORNEY The undersigned, Vineyard Investment Inc., an individual whose address Apdo. 8629 - Panama, does hereby appoint Dionisio Romero Seminario, whose address is Calle Centenario 156, Las Laderas de Melgarejo, La Molina, Lima 12, Peru, as his/her attorney-in-fact, for his/her and in his/her name, to execute and cause to be filed or delivered, as required by Section 13 (d) of the Securities Exchange Act of 1934, any number, as appropriate, or original and copies of the Securities and Exchange Commission Schedule 13G ("Schedule 13G"), any amendments thereto, and any agreement to file Schedule 13G jointly with any other reporting person, in respect of the shares of Credicorp Ltd. common stock par value US$5.00 per share, owned by the undersigned and generally to take such other actions and perform such other things necessary to effectuate the foregoing as fully in all respects as he/she could do if personally present. Signed as of the 5th day of February 2003 /s/ Dionisio Romero Seminario ----------------------------- Name: Dionisio Romero Seminario Witness: /s/ Benedicto Cigueoas Guevara ------------------------------- Name: Benedicto Cigueoas Guevara EXHIBIT D.8 POWER OF ATTORNEY The undersigned, Belle Company Inc., an individual whose address Apdo. 8629 - Panama, does hereby appoint Dionisio Romero Seminario, whose address is Calle Centenario 156, Las Laderas de Melgarejo, La Molina, Lima 12, Peru, as his/her attorney-in-fact, for his/her and in his/her name, to execute and cause to be filed or delivered, as required by Section 13 (d) of the Securities Exchange Act of 1934, any number, as appropriate, or original and copies of the Securities and Exchange Commission Schedule 13G ("Schedule 13G"), any amendments thereto, and any agreement to file Schedule 13G jointly with any other reporting person, in respect of the shares of Credicorp Ltd. common stock par value US$5.00 per share, owned by the undersigned and generally to take such other actions and perform such other things necessary to effectuate the foregoing as fully in all respects as he/she could do if personally present. Signed as of the 5th day of February 2003 /s/ Dionisio Romero Seminario ----------------------------- Name: Dionisio Romero Seminario Witness: /s/ Benedicto Cigueoas Guevara -------------------------------- Name: Benedicto Cigueoas Guevara EXHIBIT D.9 POWER OF ATTORNEY The undersigned, Sparkling Business Inc., an individual whose address Apdo. 8629 - Panama, does hereby appoint Dionisio Romero Seminario, whose address is Calle Centenario 156, Las Laderas de Melgarejo, La Molina, Lima 12, Peru, as his/her attorney-in-fact, for his/her and in his/her name, to execute and cause to be filed or delivered, as required by Section 13 (d) of the Securities Exchange Act of 1934, any number, as appropriate, or original and copies of the Securities and Exchange Commission Schedule 13G ("Schedule 13G"), any amendments thereto, and any agreement to file Schedule 13G jointly with any other reporting person, in respect of the shares of Credicorp Ltd. common stock par value US$5.00 per share, owned by the undersigned and generally to take such other actions and perform such other things necessary to effectuate the foregoing as fully in all respects as he/she could do if personally present. Signed as of the 5th day of February 2003 /s/ Dionisio Romero Seminario ------------------------------ Name: Dionisio Romero Seminario Witness: /s/ Benedicto Cigueoas Guevara --------------------------------- Name: Benedicto Cigueoas Guevara