SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ---------------- SCHEDULE 13D Under the Securities Exchange Act of 1934 INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) (Amendment No. 10) Aberdeen Australia Equity Fund, Inc. -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $.01 per share -------------------------------------------------------------------------------- (Title of Class of Securities) 318652104 -------------------------------------------------------------------------------- (CUSIP Number) Moritz Sell Bankgesellschaft Berlin AG Alexanderplatz 2 D-10178 Berlin Germany +44.20.7572.6200 -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) April 20, 2005 -------------------------------------------------------------------------------- (Date of Event which Requires Filing of This Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [_]. ________________________________________________________________________________ 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Bankgesellschaft Berlin AG ________________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC USE ONLY ________________________________________________________________________________ 4 SOURCE OF FUNDS* ________________________________________________________________________________ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] ________________________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION Federal Republic of Germany ________________________________________________________________________________ 7 SOLE VOTING POWER NUMBER OF 4,972,950 SHARES _________________________________________________________________ 8 SHARED VOTING POWER BENEFICIALLY OWNED BY _________________________________________________________________ EACH 9 SOLE DISPOSITIVE POWER REPORTING 4,972,950 PERSON _________________________________________________________________ 10 SHARED DISPOSITIVE POWER WITH ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,972,950 ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 29.64% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON* BK ________________________________________________________________________________ This Amendment No. 10 amends and supplements Item 4 and Annex A of the Statement on Schedule 13D of Bankgesellschaft Berlin AG (the "Bank") with respect to the shares of Common Stock, par value $.01 per share (the "Common Stock"), of the Aberdeen Australia Equity Fund, Inc. (the "Fund"). Annex A sets forth the name, address and principal occupation of each director and executive officer of the Bank and the name, address, jurisdiction of incorporation and principal business of each shareholder of the Bank who may be deemed to be in control of the Bank. All of the individuals listed on Annex A are citizens of the Federal Republic of Germany. Items not included in this amendment are not amended and remain as previously reported. Item 4. Purpose of Transaction The Fund's Board of Directors has authorized the preperation by the Fund of a registration statement, at the Bank's expense, to register the Bank's remaining shares of Common Stock for sale in a public offering pursuant to the registration provisions of the Securities Act of 1933. The Bank currently anticipates that the plan of distribution contained in the registration statement will contemplate at-the-market sales and not an underwritten offering. In addition, pending the effectiveness of the registration statement the Bank reserves the right to make additional sales of its shares of Common Stock pursuant Rule 144, subject to the rule's filing requirements and limitations on the permitted volume of sales and the manner in which shares may be sold. SIGNATURE After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Date: April 20, 2005 BANKGESELLSCHAFT BERLIN AG By: /s/ Dirk Kipp --------------------------- Name: Dirk Kipp Title: Managing Director By: /s/ Moritz Sell --------------------------- Name: Moritz Sell Title: Director Amendments to Annex A --------------------- Unless otherwise indicated, the business address for all individuals listed in this Annex A is Bankgesellschaft Berlin AG, Alexanderplatz 2, D-10178 Berlin, Federal Republic of Germany. Members of the Managing Board -------------------------------------------------------------------------------- Name and Address Principal Occupation -------------------------------------------------------------------------------- Hans-Jorg Vetter Chairman of the Managing Board of Alexanderplatz 2 Bankgesellschaft Berlin AG D-10178 Berlin -------------------------------------------------------------------------------- Serge Demoliere Member of the Managing Board of Alexanderplatz 2 Bankgesellschaft Berlin AG D-10178 Berlin -------------------------------------------------------------------------------- Uwe Kruschinski Member of the Managing Board of Alexanderplatz 2 Bankgesellschaft Berlin AG D-10178 Berlin -------------------------------------------------------------------------------- Martin Klaus Muller Member of the Managing Board of Alexanderplatz 2 Bankgesellschaft Berlin AG D-10178 Berlin -------------------------------------------------------------------------------- Dr. Thomas Veit Member of the Managing Board of Alexanderplatz 2 Bankgesellschaft Berlin AG D-10178 Berlin -------------------------------------------------------------------------------- Executive Officers -------------------------------------------------------------------------------- Name and Address Principal Occupation -------------------------------------------------------------------------------- Alt, Volker Managing Director of Bankgesellschaft Berlin AG Bankgesellschaft Berlin AG Recht Alexanderplatz 2 D-10178 Berlin -------------------------------------------------------------------------------- Boehmer, Willi Managing Director of Bankgesellschaft Berlin AG Bankgesellschaft Berlin AG Finanzen Brunnenstra(beta)e 111 D-13355 Berlin -------------------------------------------------------------------------------- Boenke, Frank-Michael Managing Director of Bankgesellschaft Berlin AG Bankgesellschaft Berlin AG Compliance Brunnenstra(beta)e 111 D-13355 Berlin -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Name and Address Principal Occupation -------------------------------------------------------------------------------- Brummel, Beate Managing Director of Bankgesellschaft Berlin AG Bankgesellschaft Berlin AG Kreditbereich Kapitalmarktgeschaft Strukturierte Finanzierungen/Projektfinanzierungen Alexanderplatz 2 D-10178 Berlin -------------------------------------------------------------------------------- Burmester, Dr. Christian General Manager of Bankgesellschaft Berlin AG Bankgesellschaft Berlin AG London Branch London Branch 1 Crown Court Cheapside GB-London EC2V 6LR -------------------------------------------------------------------------------- Butzer, Arnold Managing Director of Bankgesellschaft Berlin AG Bankgesellschaft Berlin AG Vertrieb Immobilienfinanzierung Corneliusstr, 7 D-10787 Berlin -------------------------------------------------------------------------------- Gunther, Steffen Managing Director of Bankgesellschaft Berlin AG Bankgesellschaft Berlin AG Geschaftsfeldstab Immobilienfinanzierung Corneliusstr, 7 D-10787 Berlin -------------------------------------------------------------------------------- Hirschhaeuser, Dr. Karl-Friedrich Managing Director of Bankgesellschaft Berlin AG Bankgesellschaft Berlin AG Risikocontrolling Alexanderplatz 2 D-178 Berlin -------------------------------------------------------------------------------- Kipp, Dirk Managing Director of Bankgesellschaft Berlin AG Bankgesellschaft Berlin AG Eigenhandel Treasury Alexanderplatz 2 D-10178 Berlin -------------------------------------------------------------------------------- Lange, Axel Managing Director of Bankgesellschaft Berlin AG Bankgesellschaft Berlin AG Kreditbereich IBAG/IBG Hardenbergstr. 20 D-10623 Berlin -------------------------------------------------------------------------------- Papesch, Uwe Managing Director of Bankgesellschaft Berlin AG Bankgesellschaft Berlin AG Equities Zins- und Kreditprodukte Alexanderplatz 2 D-10178 Berlin -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Name and Address Principal Occupation -------------------------------------------------------------------------------- Reutter, Dr. Georg Managing Director of Bankgesellschaft Berlin AG Bankgesellschaft Berlin AG Kredit Immobilien Corneliusstr, 7 D-10787 Berlin -------------------------------------------------------------------------------- Roller, Gerhard Managing Director of Bankgesellschaft Berlin AG Bankgesellschaft Berlin AG Internationales Geschaft komm. Corporate Banking Alexanderplatz 2 D-10178 Berlin- -------------------------------------------------------------------------------- Scheer, Heinz-Gunter Managing Director of Bankgesellschaft Berlin AG Bankgesellschaft Berlin AG Unternehmensentwicklung Alexanderplatz 2 D-10178 Berlin -------------------------------------------------------------------------------- Scholper, Siegfried Managing Director of Bankgesellschaft Berlin AG Bankgesellschaft Berlin AG Controlling Brunnenstra(beta)e 111 D-13355 Berlin -------------------------------------------------------------------------------- Schroeder, Bartho Managing Director of Bankgesellschaft Berlin AG Bankgesellschaft Berlin AG Business Management Alexanderplatz 2 D-10178 Berlin -------------------------------------------------------------------------------- Shareholders Who May Be Deemed to Control the Bank The following shareholders of the Bank may be deemed to control the Bank: The City of Berlin Norddeutsche Landesbank Girozentrale NORD/LB, a bank formed under the laws of Germany, whose principal address is Georgplatz 1, D-30159, Hannover, Germany.