The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Chevrontexaco Corp Common 166764100 285 2,400 SH   SOLE 0 2,400 0 0
China Housing and Land Develop Common 16939V103 1,951 796,518 SH   OTR 1 0 0 796,518
China Housing and Land Develop Common 16939V103 13,454 5,491,556 SH   SOLE 0 5,491,556 0 0
China Pharma Hldgs Inc Com Common 16941T104 222 439,145 SH   OTR 1 0 0 439,145
China Pharma Hldgs Inc Com Common 16941T104 862 1,707,621 SH   SOLE 0 1,707,621 0 0
China Ritar Power Corp Common 169423100 318 635,349 SH   OTR 1 0 0 635,349
China Ritar Power Corp Common 169423100 4,138 8,276,586 SH   SOLE 0 8,276,586 0 0
China Sky One Med Inc Com Common 16941P102 151 1,164,422 SH   SOLE 0 1,164,422 0 0
China Yida Hldg Co Com New Common 16945D303 245 60,595 SH   OTR 1 0 0 60,595
China Yida Hldg Co Com New Common 16945D303 3,541 874,313 SH   SOLE 0 874,313 0 0
Conocophillips Nfs Llc Is Common 20825C104 2,018 28,680 SH   OTR 1 0 0 28,680
Conocophillips Nfs Llc Is Common 20825C104 9,581 136,188 SH   SOLE 0 136,188 0 0
DNB Nor Asa Ord Shs Common R1812S105 7,445 428,200 SH   OTR 1 0 0 428,200
DNB Nor Asa Ord Shs Common R1812S105 38,584 2,219,073 SH   SOLE 0 2,219,073 0 0
Exxon Mobil Corporation Common 30231G102 342 3,500 SH   SOLE 0 3,500 0 0
Helgeland Sparebank Nok50 Grun Common R3099U100 536 65,300 SH   OTR 1 0 0 65,300
Helgeland Sparebank Nok50 Grun Common R3099U100 2,672 325,838 SH   SOLE 0 325,838 0 0
Jiangbo Pharmaceuticals Inc Common 47737R101 19 744,696 SH   SOLE 0 744,696 0 0
Liandi Clean Technology Inc Co Common 52989W105 1,822 2,699,093 SH   SOLE 0 2,699,093 0 0
Sandnes Sparebank Primary Ca Common R74676108 504 34,294 SH   SOLE 0 34,294 0 0
Shengtai Pharmaceutical Inc Common 823214200 557 1,796,743 SH   SOLE 0 1,796,743 0 0
Sparebank 1 Nord-Norge Grunnfo Common R8288N106 2,080 359,888 SH   OTR 1 0 0 359,888
Sparebank 1 Nord-Norge Grunnfo Common R8288N106 11,664 2,018,321 SH   SOLE 0 2,018,321 0 0
Sparebank 1 SR Bk Nok25 Common ZZC51KUR4 641 63,200 SH   OTR 1 0 0 63,200
Sparebank 1 SR Bk Nok25 Common ZZC51KUR4 3,124 307,907 SH   SOLE 0 307,907 0 0
Sparebanken Midt Norge Common R83262114 660 73,560 SH   OTR 1 0 0 73,560
Sparebanken Midt Norge Common R83262114 3,575 398,180 SH   SOLE 0 398,180 0 0
Sparebanken Ost Nok10 Common R1984E108 1,000 142,512 SH   SOLE 0 142,512 0 0
Sparebanken Vest N0k25 Grunnfo Common R8323C107 116 14,900 SH   OTR 1 0 0 14,900
Sparebanken Vest N0k25 Grunnfo Common R8323C107 1,219 156,584 SH   SOLE 0 156,584 0 0
Storebrand ASA Ser A Common R85746106 3,907 677,100 SH   OTR 1 0 0 677,100
Storebrand ASA Ser A Common R85746106 19,979 3,462,020 SH   SOLE 0 3,462,020 0 0
Tianyin Pharmaceutical Co Inc Common 88630M104 2,244 2,284,900 SH   SOLE 0 2,284,900 0 0
Total Fina SA ADR Common 89151E109 5,234 79,781 SH   OTR 1 0 0 79,781
Total Fina SA ADR Common 89151E109 28,561 435,385 SH   SOLE 0 435,385 0 0
Totens Sparebank Nok60 Common R92151100 1,221 119,826 SH   SOLE 0 119,826 0 0
Yuhe Intl Inc Com Common 988432100 26 519,475 SH   SOLE 0 519,475 0 0