UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)
Cadiz Inc.
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(Name of Issuer)
Common Stock par value $0.01
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(Title of Class of Securities)
127537108
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(CUSIP Number)
February 12, 2004
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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. 127537108
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
Jupiter Asset Management Limited
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2. Check the Appropriate Box if a Member of a Group
Not applicable
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3. SEC Use Only
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4. Citizenship or Place of Organization England and Wales
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Number of Shares 5. Sole Voting Power 142,677
Beneficially -----------------------
Owned by Each
Reporting Person
With ------ ------------------------------ -----------------------
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6. Shared Voting Power 1,560
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7. Sole Dispositive Power 142,677
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8. Shared Dispositive Power 1,560
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
144,237
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10. Check if the Aggregate Amount in row (9) Excludes Certain
Shares
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11. Percent of Class Represented by Amount in Row (9) 5.8%
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12. Type of Reporting Person
00
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Item 1.
(a) Name of issuer
Cadiz Inc.
(b) Address of Issuer's Principal Executive Offices
100 Wilshire Boulevard, Suite 1600
Santa Monica, CA 90401
Item 2.
(a) Name of Person Filing
Jupiter Asset Management Limited
(b) Address of Principal Business Office or, if none, Residence
1 Grosvenor Place
London SW1X 7JJ
England
(c) Citizenship
England and Wales
(d) Title of Class of Securities
Common Stock par value $0.01
(e) CUSIP Number
127537108
Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or
(c), check whether the person filing is a:
Not Applicable
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: 144,237 .
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(b) Percent of class: 5.8% .
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(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote 142,677 .
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(ii) Shared power to vote or to direct the vote 1,560 .
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(iii) Sole power to dispose or to direct the disposition of 142,677 .
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(iv) Shared power to dispose or to direct the disposition of 1,560 .
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Jupiter Asset Management Limited provides investment advisory and management
services and has acquired the securities of the issuer solely for investment
purposes on behalf of client accounts over which it has investment discretion.
The securities of the issuer are held in such accounts for the economic benefit
of the beneficiaries of those accounts. This statement should not be construed
as an admission that Jupiter Asset Management Limited is, for the purposes of
Section 13(d) or 13(g) of the Exchange Act, a beneficial owner of any securities
covered by this statement.
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 [ ].
Not Applicable
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct
the receipt of dividends from, or the proceeds from the sale of, such
securities, a statement to that effect should be included in response to this
item and, if such interest related to more than five percent of the class, such
person should be identified.
Various persons have the right to receive or the power to direct the receipt of
dividends from, or the proceeds from the sale of the Common Stock of Cadiz Inc,
however, no such interest relates to more than five percent of the class.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company or Control
Person.
Not Applicable
Item 8. Identification and Classification of Members of the Group
Not Applicable
Item 9. Notice of Dissolution of Group
Not Applicable
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.
Jupiter Asset Management Limited
By: /S/ JOHN CULLEN
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Name: John Cullen
Title: Director
Date: February 11, 2004