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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 G6W18XD693PqaEw+Wq4Wi+87OB8GvYSjXKvBCPPPOkbMGOHndSykaSPBOXeUrwhX
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<SEC-DOCUMENT>0001005477-03-003970.txt : 20031002
<SEC-HEADER>0001005477-03-003970.hdr.sgml : 20031002
<ACCEPTANCE-DATETIME>20031002125011
ACCESSION NUMBER:		0001005477-03-003970
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030930
FILED AS OF DATE:		20031002

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ANCHOR GLASS CONTAINER CORP /NEW
		CENTRAL INDEX KEY:			0001052163
		STANDARD INDUSTRIAL CLASSIFICATION:	GLASS CONTAINERS [3221]
		IRS NUMBER:				593417812
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1 ANCHOR PLAZA
		STREET 2:		4343 ANCHOR PLAZA PARKWAY
		CITY:			TAMPA
		STATE:			FL
		ZIP:			33634-7513
		BUSINESS PHONE:		8138840000

	MAIL ADDRESS:	
		STREET 1:		1 ANCHOR PLAZA
		STREET 2:		4343 ANCHOR PLAZA PARKWAY
		CITY:			TAMPA
		STATE:			FL
		ZIP:			33634-7513

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			FEINBERG STEPHEN
		CENTRAL INDEX KEY:			0000947822
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-23359
		FILM NUMBER:		03923028

	BUSINESS ADDRESS:	
		STREET 1:		450 PARK AVE
		STREET 2:		28TH FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		2128912120

	MAIL ADDRESS:	
		STREET 1:		450 PARK AVE
		STREET 2:		28TH FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar123.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
    <periodOfReport>2003-09-30</periodOfReport>
    <notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0001052163</issuerCik>
        <issuerName>ANCHOR GLASS CONTAINER CORP /NEW</issuerName>
        <issuerTradingSymbol>AGCC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>

        <reportingOwnerId>
            <rptOwnerCik>0000947822</rptOwnerCik>
            <rptOwnerName>FEINBERG STEPHEN</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O CERBERUS CAPITAL MANAGEMENT, L.P.</rptOwnerStreet1>
            <rptOwnerStreet2>299 PARK AVENUE - 22ND FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10171</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
        <isDirector>0</isDirector>
        <isOfficer>0</isOfficer>
        <isTenPercentOwner>1</isTenPercentOwner>
        <isOther>0</isOther>
    </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>

        <securityTitle>
            <value>Series C Part. Preferred Stock, par value $0.01 per share</value>
        </securityTitle>

        <transactionDate>
            <value>2003-09-30</value>
        </transactionDate>
    <transactionCoding>
        <transactionFormType>4</transactionFormType>
        <transactionCode>J</transactionCode>
        <equitySwapInvolved>0</equitySwapInvolved>
        <footnoteId id="F1"/>
        <footnoteId id="F2"/>
    </transactionCoding>
        <transactionAmounts>

            <transactionShares>
                <value>72654</value>
            </transactionShares>

            <transactionPricePerShare>
                <value>0</value>
                <footnoteId id="F1"/>
                <footnoteId id="F2"/>
            </transactionPricePerShare>

            <transactionAcquiredDisposedCode>
                <value>D</value>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <postTransactionAmounts>

            <sharesOwnedFollowingTransaction>
                <value>0</value>
                <footnoteId id="F1"/>
                <footnoteId id="F2"/>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>

            <directOrIndirectOwnership>
                <value>I</value>
                <footnoteId id="F1"/>
                <footnoteId id="F2"/>
            </directOrIndirectOwnership>

            <natureOfOwnership>
                <value>By partnerships, corporations and companies</value>
                <footnoteId id="F1"/>
                <footnoteId id="F2"/>
            </natureOfOwnership>
        </ownershipNature>
        </nonDerivativeTransaction>

        <nonDerivativeTransaction>

        <securityTitle>
            <value>Common Stock, par value $0.10 per share</value>
        </securityTitle>

        <transactionDate>
            <value>2003-09-30</value>
        </transactionDate>
    <transactionCoding>
        <transactionFormType>4</transactionFormType>
        <transactionCode>J</transactionCode>
        <equitySwapInvolved>0</equitySwapInvolved>
        <footnoteId id="F1"/>
        <footnoteId id="F2"/>
    </transactionCoding>
        <transactionAmounts>

            <transactionShares>
                <value>2307893</value>
            </transactionShares>

            <transactionPricePerShare>
                <value>0</value>
                <footnoteId id="F1"/>
                <footnoteId id="F2"/>
            </transactionPricePerShare>

            <transactionAcquiredDisposedCode>
                <value>A</value>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <postTransactionAmounts>

            <sharesOwnedFollowingTransaction>
                <value>14679752</value>
                <footnoteId id="F1"/>
                <footnoteId id="F2"/>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>

            <directOrIndirectOwnership>
                <value>I</value>
                <footnoteId id="F1"/>
                <footnoteId id="F2"/>
            </directOrIndirectOwnership>

            <natureOfOwnership>
                <value>By partnerships, corporations and companies</value>
                <footnoteId id="F1"/>
                <footnoteId id="F2"/>
            </natureOfOwnership>
        </ownershipNature>
        </nonDerivativeTransaction>

    </nonDerivativeTable>
    <footnotes>
        <footnote id="F1">On September 30, 2003, Anchor Glass Container Corporation (the "Company") redeemed all of its issued and outstanding Series C Participating Preferred Stock, par value $0.01 per share, in exchange for, in part, common stock, par value $0.10 per share, of the Company (the "Shares").  Upon the effectiveness of the redemption, Cerberus International, Ltd., a corporation organized under the laws of the Bahamas ("International"), is the holder of 5,698,060 Shares, Cerberus Series One Holdings, LLC, a Delaware limited liability company ("Cerberus Series One"), is the holder of 4,892,310 Shares, Cerberus Series Two Holdings, LLC, a Delaware limited liability company ("Cerberus Series Two"), is the holder of 1,845,678 Shares, Cerberus America Series One Holdings, LLC, a Delaware limited liability company ("Cerberus America"), is the holder of 879,298 Shares, and various other private investment funds (the "Funds") own in the aggregate 1,364,406 Shares.</footnote>
        <footnote id="F2">Stephen Feinberg possesses sole power to vote and direct the disposition of all securities of the Company owned by each of International, Cerberus Series One, Cerberus Series Two, Cerberus America and the Funds.  Thus, for the purposes of Reg. Section 240.13d-3, Stephen Feinberg is deemed to beneficially own 14,679,752 Shares.  Stephen Feinberg's interest in the securities reported herein is limited to the extent of his pecuniary interest in International, Cerberus Series One, Cerberus Series Two, Cerberus America and the Funds, respectively, if any.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Stephen Feinberg</signatureName>
        <signatureDate>2003-09-30</signatureDate>
    </ownerSignature>

</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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