UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No._1_)*
Sohu.com, Inc
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(Name of Issuer)
Common Stock, par value $0.001 per share
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(Title of Class of Securities)
83408W103
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(CUSIP Number)
April 15, 2003
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(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)
CUSIP NO. 83408W103
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1 NAMES OF REPORTING PERSONS.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
BT Pension Scheme
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [X ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION England
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5 SOLE VOTING POWER
NUMBER OF -----------------------------------------------------------------
SHARES
BENEFICIALLY 6 SHARED VOTING POWER 1,962,030
OWNED BY -----------------------------------------------------------------
EACH
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH -----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER 1,962,030
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,962,030
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)[ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.63%
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12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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EP
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1 NAMES OF REPORTING PERSONS.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Hermes Investment Management Limited
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [X ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION England
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5 SOLE VOTING POWER
NUMBER OF -----------------------------------------------------------------
SHARES
BENEFICIALLY 6 SHARED VOTING POWER 1,962,030
OWNED BY -----------------------------------------------------------------
EACH
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH -----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER 1,962,030
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,962,030
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)[ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.63%
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12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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IA
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1 NAMES OF REPORTING PERSONS.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Royal Mail Pension Plan
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [X ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION England
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5 SOLE VOTING POWER
NUMBER OF -----------------------------------------------------------------
SHARES
BENEFICIALLY 6 SHARED VOTING POWER 1,962,030
OWNED BY -----------------------------------------------------------------
EACH
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH -----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER 1,962,030
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,962,030
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)[ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.63%
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12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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EP
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Item 1
(a) Name of Issuer
Sohu.com, Inc
(b) Address of Issuer's Principal Executive Offices
7 Jiangguomen Nei Avenue Suite 1519, Tower 2
Beijing China 100005
Item 2
(a) Name of Person Filing
This Schedule 13G is being filed on behalf of (i) BT Pension Scheme,
a pension plan organized under English law ("BT Pension"),
(ii) Royal Mail Pension Plan, a pension plan organized under English
law ("Royal Pension") and (iii) Hermes Investment Management, Ltd.,
an investment company organized under English law ("Hermes
Investment," together with BT Pension and Royal Pension, collectively,
the "Reporting Persons").
(b) Address of Principal Business Office or, if none, Residence
The principal business office of each of the Reporting Persons is
Lloyds Chambers, 1 Portsoken Street, London, E1 8HZ.
(c) Citizenship
United Kingdom
(d) Title of Class of Securities
Common Stock, par value $0.001 per share, of the Company (the
"Common Stock").
(e) CUSIP Number
83408W103
Item 3. If this statement is filed pursuant to 13d-1(b) or 13d-2(b) or (c),
check whether the person filing is a:
(a) [ ] Broker or dealer registered under section 15 of the Act
(b) [ ] Bank as defined in section 3(a)(6) of the Act
(c) [ ] Insurance company as defined in section 3(a)(19) of the Act
(d) [ ] Investment company registered under section 8 of the Investment
Company Act of 1940
(e) [ ] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance with
Rule 13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance with
Rule 13d-1(b)(1)(ii)(G);
(h) [ ] A savings associations as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment
Company Act of 1940
(j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
Item 4. Ownership.
Provide the following information regarding the aggregate number and percentage
of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned:
BT Pension owns 1,363,966 shares of Common Stock, representing 3.91%
of the Issuer's issued and outstanding shares (based on 34,878,000
shares outstanding on 25/4/03). Royal Pension owns 598,064 shares of
Common Stock, representing 2.53% of the Issuer's issued and
outstanding shares (based on 34,878,000 shares outstanding on
25/4/03). Hermes Investment has the power to sell or vote on behalf of
BT Pension and Royal Pension all of the shares of Common Stock to
which this report relates. As such, under Rule 13d-3(a), Hermes
Investment may be deemed to be the beneficial owner of such shares,
which represents 1,962,030 shares of SCHEDULE 13G CUSIP NO.
83408W103 6 of Sohu.com Common Stock, representing 5.63% of the
Issuer's issued and outstanding shares (based on 34,878,000 shares
outstanding on 25/4/03).
(b) Percent of class: 5.63 %
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote
(ii) Shared power to vote or to direct the vote 1,962,030
(iii) Sole power to dispose or to direct the disposition of
(iv) Shared power to dispose or to direct the disposition of
1,962,030
BT Pension and Royal Pension share beneficial ownership of the
securities identified in subsection (a) above with Hermes Investment,
which has voting and dispositive power over all such shares.
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date hereof
the reporting person has ceased to be the beneficial owner of more than five
percent of the class of securities, check the following: [ ]
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on by the Parent Holding Company.
Item 8. Identification and Classification of Members of the Group.
See Exhibit 1 and 2
Item 9. Notice of Dissolution of a Group
Item 10. Certification
(b) The following certification shall be included if the statement is
filed pursuant to Rule 13d-1(c):
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.
June 11, 2003
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Date
/s/ Adrian White
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Signature
Director
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Name/Title
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Exhibit 1
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as
amended, the undersigned agree to the joint filing on behalf of each of them of
a statement on Schedule 13G (including amendments thereto) with respect to
their shares of Common Stock, par value $0.001 per share, of Sohu.com, Inc.,
and further agree that this Joint Filing Agreement shall be included as an
exhibit to such joint filings. The undersigned further agree that each party
hereto is responsible for the timely filing of such Schedule 13G and any
amendments thereto, and for the completeness and accuracy of the information
concerning such party contained therein; provided, however, that no party is
responsible for the completeness or accuracy of the information concerning
any other party making the filing, unless such party knows or has reason to
believe that such information is inaccurate.
IN WITNESS WHEREOF, the parties have executed this Joint Filing Agreement on
February 26, 2003.
BT PENSION SCHEME
By: Hermes Investment Management, Ltd.
By: Anthony Watson, Manager
ROYAL MAIL PENSION PLAN
By: Hermes Investment Management, Ltd.
By: Anthony Watson, Manager
HERMES INVESTMENT MANAGEMENT, LTD.
By: Anthony Watson, Manager
Exhibit 2
The members of the Group are BT Pension Scheme, Royal Mail Pension Plan and
Hermes Investment Management, Ltd.
SCHEDULE 13G
CUSIP NO. 83408W103