-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Ra1KeN67SMiZs+U+vi3Kj1VbQnwoDNVVBpwd2rIoCMNnNwVdhv3Ni/VfoDBOaukw HX5LjK2d500KMHasvs4RNQ== 0001085146-03-000023.txt : 20030207 0001085146-03-000023.hdr.sgml : 20030207 20030207162648 ACCESSION NUMBER: 0001085146-03-000023 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030207 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ORBIS INVESTMENT MANAGEMENT LTD CENTRAL INDEX KEY: 0000940594 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: ORBIS LPG BLDG STREET 2: 34 BERMUDIANA ROAD CITY: HAMILTON HM11 BERMUD STATE: D0 MAIL ADDRESS: STREET 1: ORBIS LPG BLDG STREET 2: 34 BERMUDIANA ROAD CITY: HAMILTON HM11 BERMUD STATE: D0 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CLAYTON HOMES INC CENTRAL INDEX KEY: 0000719547 STANDARD INDUSTRIAL CLASSIFICATION: MOBILE HOMES [2451] IRS NUMBER: 621671360 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-34667 FILM NUMBER: 03545028 BUSINESS ADDRESS: STREET 1: 5000 CLAYTON ROAD CITY: MARYVILLE STATE: TN ZIP: 37804 BUSINESS PHONE: 8653803000 MAIL ADDRESS: STREET 1: 5000 CLAYTON ROAD CITY: MARYVILLE STATE: TN ZIP: 37804 SC 13G/A 1 oim_clayton13ga1jd.txt OIM - CLAYTON HOMES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20594 SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(b) Amendment No. 1 Clayton Homes Inc. (Name of Issuer) Common Shares (Title of Class of Securities) 184190106 (CUSIP Number) December 31, 2002 (Date of Event which requires filing of this statement) Check the appropriate box to designate the rule pursuant to which this Schedule 13G is filed: [ ] Rule 13d-1(b) [X] Rule 13d-1(c) [ ] 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). CUSIP No. 184190106 - ------------------------------------------------------------------------------ (1) NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ORBIS INVESTMENT MANAGEMENT LIMITED - ------------------------------------------------------------------------------ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - ------------------------------------------------------------------------------ (3) SEC USE ONLY - ------------------------------------------------------------------------------ (4) CITIZENSHIP OR PLACE OF ORGANIZATION Bermuda - ------------------------------------------------------------------------------ NUMBER OF (5) SOLE VOTING POWER 6,720,000 SHARES ---------------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER 273,450 OWNED BY ---------------------------------------------------------------- EACH (7) SOLE DISPOSITIVE POWER 6,993,450 REPORTING ---------------------------------------------------------------- PERSON WITH (8) SHARED DISPOSITIVE POWER NONE - ------------------------------------------------------------------------------ (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,993,450 - ------------------------------------------------------------------------------ (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ------------------------------------------------------------------------------ (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.1% - ------------------------------------------------------------------------------ (12) TYPE OF REPORTING PERSON* CO - ------------------------------------------------------------------------------ Item 1(a) Name of Issuer: Clayton Homes Inc. Item 1(b) Address of Issuer's Principal Executive Offices: 5000 Clayton Road Maryville TN 37804 Item 2(a) Name of Person(s) Filing: Orbis Investment Management Limited Orbis Asset Management Limited Item 2(b) Address of Principal Business Office: 34 Bermudiana Road Hamilton HM 11 Bermuda Item 2(c) Citizenship: The Reporting Persons are companies organized under the laws of Bermuda. Item 2(d) Title of Class of Securities: Common shares Item 2(e) CUSIP Number: 184190106 Item 3 The person(s) filing is(are):N/A Item 4 Ownership Orbis Investment Management Limited ("OIML") and Orbis Asset Management Limited ("OAML") are together making this filing because they may be deemed to constitute a "group" for the purposes of Section 13(d)(3) of the Act. Information with respect to each of OIML and OAML (collectively, the "Reporting Persons") is given solely by each such Reporting Person and no Reporting Person has responsibility for the accuracy or completeness of information supplied by the other Reporting Person. OIML is the beneficial owner of 6,993,450 shares or 5.1% of the 135,923,987 common shares of Clayton Homes Inc. believed to be outstanding. OIML disclaims beneficial ownership of the 245,315 common shares beneficially owned by OAML. OAML is the beneficial owner of 245,315 shares or 0.2% of the 135,923,987 common shares of Clayton Homes Inc. believed to be outstanding. OAML disclaims beneficial ownership of the 6,993,450 common shares beneficially owned by OIML. Item 5 Ownership of 5% or Less of a Class: N/A Item 6 Ownership of More than 5% on Behalf of Another Person: Orbis Global Equity Fund Limited has the right to receive and the power to direct the receipt of dividends from, or the proceeds from the sale of, 6,720,000 of the 6,993,450 common shares beneficially owned by OIML. OIML is the investment manager to the G.A.-Fund-L, an investment company with variable capital (SICAV) formed under Luxembourg law. The G.A.-Fund-L directly owns 273,450 of the 6,993,450 common shares of Clayton Homes Inc. beneficially owned by OIML. With respect to these 273,450 shares, G.A.-Fund-L has shared voting power and the right to receive and the power to direct the receipt of dividends and sales proceeds thereof. Orbis Optimal Global Fund LP has the right to receive and the power to direct the receipt of dividends from, or the proceeds from the sale of, the 245,315 common shares beneficially owned by OAML. Item 7 Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company: N/A Item 8 Identification and Classification of Members of the Group: See Items 4 and 6, above. Item 9 Notice of Dissolution of the Group: N/A Item 10 Certification By signing below the undersigned certify that, to the best of our knowledge and belief, the securities referred to above 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. Signatures After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Date: February 7, 2003 ORBIS INVESTMENT MANAGEMENT LIMITED BY: /s/ James J. Dorr General Counsel and Secretary ORBIS ASSET MANAGEMENT LIMITED BY: /s/ James J. Dorr General Counsel and Secretary -----END PRIVACY-ENHANCED MESSAGE-----