=============================================================================== SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 =============================================================================== SCHEDULE 13G/A (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 (Amendment No. 1) ---------------------------------------------------------- ICICI BANK LIMITED ---------------------------------------------------------- (Name of Issuer) EQUITY SHARES ---------------------------------------------------------- (Title of Class of Securities) INE090A01013(2) ---------------------------------------------------------- (CUSIP Number) DEC 31, 2003 ---------------------------------------------------------- (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) {X} Rule 13d-1 (c) { } Rule 13d-1 (d) ---------- (1) 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. (2) This Schedule 13G/A relates to ownership of equity shares which are not publicly traded in the United States. The CUSIP number for the American Depositary Shares, each representing two equity shares, is 45104G104. The information required in the remainder of this cover shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "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). =============================================================================== Schedule 13G/A Forms ------------------------------------------------------------------------------- ------------------------ CUSIP NO. 45104G104 13G/A ------------------------ ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Temasek Holdings (Private) Limited ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) { } (b) { } ------------------------------------------------------------------------------- 3. SEC USE ONLY ------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Singapore ------------------------------------------------------------------------------- NUMBER OF SHARES 5. SOLE VOTING POWER 0 BENEFICIALLY OWNED ------------------------------------------------------- BY EACH REPORTING 6. SHARED VOTING POWER 41,135,284 PERSON WITH ------------------------------------------------------- 7. SOLE DISPOSITIVE POWER 0 ------------------------------------------------------- 8. SHARED DISPOSITIVE POWER 41,135,284 ------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 41,135,284 ------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* { } ------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.69% ------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* OO ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Fullerton Management Private Limited ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) { } (b) { } ------------------------------------------------------------------------------- 3. SEC USE ONLY ------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Singapore ------------------------------------------------------------------------------- NUMBER OF SHARES 5. SOLE VOTING POWER 0 BENEFICIALLY OWNED ------------------------------------------------------- BY EACH REPORTING 6. SHARED VOTING POWER 41,135,284 PERSON WITH ------------------------------------------------------- 7. SOLE DISPOSITIVE POWER 0 ------------------------------------------------------- 8. SHARED DISPOSITIVE POWER 41,135,284 ------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 41,135,284 ------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* { } ------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.69% ------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* OO ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Asia Financial Holdings Private Limited ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) { } (b) { } ------------------------------------------------------------------------------- 3. SEC USE ONLY ------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Singapore ------------------------------------------------------------------------------- NUMBER OF SHARES 5. SOLE VOTING POWER 0 BENEFICIALLY OWNED ------------------------------------------------------- BY EACH REPORTING 6. SHARED VOTING POWER 41,135,284 PERSON WITH ------------------------------------------------------- 7. SOLE DISPOSITIVE POWER 0 ------------------------------------------------------- 8. SHARED DISPOSITIVE POWER 41,135,284 ------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 41,135,284 ------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* { } ------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.69% ------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* OO ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Allamanda Investments Private Limited ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) { } (b) { } ------------------------------------------------------------------------------- 3. SEC USE ONLY ------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Mauritius ------------------------------------------------------------------------------- NUMBER OF SHARES 5. SOLE VOTING POWER 0 BENEFICIALLY OWNED ------------------------------------------------------- BY EACH REPORTING 6. SHARED VOTING POWER 41,135,284 PERSON WITH ------------------------------------------------------- 7. SOLE DISPOSITIVE POWER 0 ------------------------------------------------------- 8. SHARED DISPOSITIVE POWER 41,135,284 ------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 41,135,284 ------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* { } ------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.69% ------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* OO ------------------------------------------------------------------------------- ITEM 1(a). NAME OF ISSUER ICICI Bank Limited ITEM 1(b). ADDRESS OF ISSUERS' PRINCIPAL EXECUTIVE OFFICES ICICI Towers 4th Floor South Tower Bandra-Kurla Complex Bandra (East) Mumbai 400 051 India ITEM 2(a). NAME OF PERSON FILING I Temasek Holdings (Private) Limited II Fullerton Management Private Limited III Asia Financial Holdings Private Limited IV Allamanda Investments Private Limited The Reporting Persons may be deemed a "group" under the Act because Temasek Holdings (Private) Limited directly owns 100% of Fullerton Management Private Limited. Fullerton Management Private Limited directly owns 100% of Asia Financial Holdings Private Limited, which directly owns 100% of Allamanda Investments Private Limited. Allamanda Investments Private Limited is the registered holder of the securities to which this filing relates. However, neither the fact of this filing nor anything contained herein shall be deemed to be an admission by the Reporting Persons that such a group exists. A Joint Filing Agreement among the Reporting Persons with respect to the filing of this Schedule 13G/A is attached hereto as Exhibit 1. ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE I 60B Orchard Road #06-18 Tower 2 The Atrium@Orchard Singapore 238891 II 60B Orchard Road #06-18 Tower 2 The Atrium@Orchard Singapore 238891 III 60B Orchard Road #06-18 Tower 2 The Atrium@Orchard Singapore 238891 IV 5th Floor, Anglo Mauritius House 4 Intendance Street Port Louis, Mauritius ITEM 2(c). CITIZENSHIP I Singapore II Singapore III Singapore IV Mauritius ITEM 2(d). TITLE OF CLASS OF SECURITIES Equity Shares ITEM 2(e). CUSIP NUMBER INE090A01013, 45104G104 (for ADS) ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-I(b) OR 13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A Not applicable as this Schedule is filed pursuant to Rule 13d-1(c). ITEM 4. OWNERSHIP Temasek Holdings (Private) Limited directly owns 100% of Fullerton Management Private Limited. Fullerton Management Private Limited directly owns 100% of Asia Financial Holdings Private Limited, which directly owns 100% of Allamanda Investments Private Limited. Allamanda Investments Private Limited is the registered holder of the securities to which this filing relates. As such, Temasek Holdings (Private) Limited may be deemed the beneficial owner of 41,135,284 of the securities to which this filing relates. ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS N.A. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON N.A. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON N.A. ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP N.A. ITEM 9. NOTICE OF DISSOLUTION OF GROUP N.A. ITEM 10. CERTIFICATION By signing below I certify that, to the best of my 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. 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 9, 2004 Temasek Holdings (Private) Limited ------------------------ Date By /s/ Mr. Jeffrey Chua Siang Hwee ----------------------------------- Mr. Jeffrey Chua Siang Hwee Authorized Signatory Fullerton Management Private Limited By /s/ Mr. Jeffrey Chua Siang Hwee ----------------------------------- Mr. Jeffrey Chua Siang Hwee Company Secretary Asia Financial Holdings Private Limited By /s/ Mr. Jeffrey Chua Siang Hwee ----------------------------------- Mr. Jeffrey Chua Siang Hwee Company Secretary Allamanda Investments Private Limited By /s/ Mr. Jimmy Phoon Siew Heng ----------------------------------- Mr. Jimmy Phoon Siew Heng Director Exhibit 1 --------- Joint Filing Agreement ---------------------- The undersigned, Temasek Holdings (Private) Limited, Fullerton Management Private Limited, Asia Financial Holdings Private Limited and Allamanda Investments Private Limited, hereby agree and acknowledge that the information required by this Schedule 13G/A, to which this Agreement is attached as an exhibit, is filed on behalf of each of them. The undersigned further agree that any further amendments or supplements hereto shall also be filed on behalf of each of them. February 9, 2004 Temasek Holdings (Private) Limited ------------------------- Date By /s/ Mr. Jeffrey Chua Siang Hwee ----------------------------------- Mr. Jeffrey Chua Siang Hwee Authorized Signatory Fullerton Management Private Limited By /s/ Mr. Jeffrey Chua Siang Hwee ----------------------------------- Mr. Jeffrey Chua Siang Hwee Company Secretary Asia Financial Holdings Private Limited By /s/ Mr. Jeffrey Chua Siang Hwee ----------------------------------- Mr. Jeffrey Chua Siang Hwee Company Secretary Allamanda Investments Private Limited By /s/ Mr. Jimmy Phoon Siew Heng ----------------------------------- Mr. Jimmy Phoon Siew Heng Director