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 286 2,400 SH   SOLE 0 2,400 0 0
China Housing and Land Develop Common 16939V103 8,286 5,451,456 SH   SOLE 0 5,451,456 0 0
China Housing and Land Develop Common 16939V103 1,097 721,518 SH   OTR 1 0 0 721,518
China Pharma Hldgs Inc Com Common 16941T104 528 2,104,826 SH   SOLE 0 2,104,826 0 0
China Ritar Power Corp Common 169423100 4,180 8,360,296 SH   SOLE 0 8,360,296 0 0
China Ritar Power Corp Common 169423100 292 583,049 SH   OTR 1 0 0 583,049
China Sky One Med Inc Com Common 16941P102 70 1,164,422 SH   SOLE 0 1,164,422 0 0
China Yida Hldg Co Com New Common 16945D303 2,838 924,514 SH   SOLE 0 924,514 0 0
Conocophillips Nfs Llc Is Common 20825C104 10,096 131,938 SH   SOLE 0 131,938 0 0
Conocophillips Nfs Llc Is Common 20825C104 1,950 25,481 SH   OTR 1 0 0 25,481
DNB Nor Asa Ord Shs Common R1812S105 40,373 2,155,473 SH   SOLE 0 2,155,473 0 0
DNB Nor Asa Ord Shs Common R1812S105 7,078 377,900 SH   OTR 1 0 0 377,900
Exxon Mobil Corporation Common 30231G102 329 3,500 SH   SOLE 0 3,500 0 0
Helgeland Sparebank Nok50 Grun Common R3099U100 6,130 709,441 SH   SOLE 0 709,441 0 0
Helgeland Sparebank Nok50 Grun Common R3099U100 1,050 121,500 SH   OTR 1 0 0 121,500
Jiangbo Pharmaceuticals Inc Common 47737R101 19 744,696 SH   SOLE 0 744,696 0 0
Liandi Clean Technology Inc Co Common 52989W105 1,645 2,742,093 SH   SOLE 0 2,742,093 0 0
Sandnes Sparebank Primary Ca Common R74676108 526 34,294 SH   SOLE 0 34,294 0 0
Shengtai Pharmaceutical Inc Common 823214200 216 1,796,443 SH   SOLE 0 1,796,443 0 0
Sparebank 1 Nord-Norge Grunnfo Common R8288N106 11,677 1,947,933 SH   SOLE 0 1,947,933 0 0
Sparebank 1 Nord-Norge Grunnfo Common R8288N106 1,984 330,933 SH   OTR 1 0 0 330,933
Sparebank 1 SR Bank ASA Common R8170W115 2,895 304,807 SH   SOLE 0 304,807 0 0
Sparebank 1 SR Bank ASA Common R8170W115 531 55,900 SH   OTR 1 0 0 55,900
Sparebanken Midt Norge Common R83262114 3,642 394,780 SH   SOLE 0 394,780 0 0
Sparebanken Midt Norge Common R83262114 608 65,960 SH   OTR 1 0 0 65,960
Sparebanken Ost Nok10 Common R1984E108 1,454 187,166 SH   SOLE 0 187,166 0 0
Sparebanken Vest N0k25 Grunnfo Common R8323C107 1,280 156,648 SH   SOLE 0 156,648 0 0
Sparebanken Vest N0k25 Grunnfo Common R8323C107 117 14,300 SH   OTR 1 0 0 14,300
Storebrand ASA Ser A Common R85746106 19,108 3,431,920 SH   SOLE 0 3,431,920 0 0
Storebrand ASA Ser A Common R85746106 3,448 619,300 SH   OTR 1 0 0 619,300
Tianyin Pharmaceutical Co Inc Common 88630M104 504 787,400 SH   SOLE 0 787,400 0 0
Total Fina SA ADR Common 89151E109 27,464 426,136 SH   SOLE 0 426,136 0 0
Total Fina SA ADR Common 89151E109 4,359 67,641 SH   OTR 1 0 0 67,641
Totens Sparebank Nok60 Common R92151100 1,413 119,826 SH   SOLE 0 119,826 0 0
Yuhe Intl Inc Com Common 988432100 14 593,345 SH   SOLE 0 593,345 0 0