13F-HR 1 inftable123104.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for Calendar Year or Quarter Ended: December 31, 2004 Check here for Amendment [ ]; Amendment Number: ____ This Amendment (Check only one): [ ] is restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing This Report: Name: Harris Associates L.P. Address: 2 N. LaSalle Street, Suite 500 Chicago, IL 60602 Form 13F File Number: 28-2013 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person signing this report on behalf of Reporting Manager: Name: Janet L. Reali Title: Vice President and General Counsel Phone: (312) 621-0676 Signature, Place, and Date of Signing: /s/Janet L. Reali Chicago, IL February 7, 2005 Report Type (Check only one.): [ ] 13F HOLDINGS REPORT [ ] 13F NOTICE [ x ] 13F COMBINATION REPORT List of Other Managers Reporting for this Manager: 13F File Number Name 28-5788 CDC IXIS Asset Management Advisers, L.P.* *CDC IXIS Asset Management Advisers, L.P. ("CDC IXIS Advisers") and Harris Associates L.P. ("Harris Associates") share investment discretion for these securities pursuant to a contractual arrangement whereby CDC IXIS Advisers provides discretionary investment management services to a client according to a model portfolio provided by Harris Associates. CDC IXIS Advisers and Harris Associates are under common control by CDC IXIS Asset Management North America, L.P. I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 2 Form 13F Information Table Entry Total: 670 Form 13F Information Table Value Total: $52,025,248 (in thousands) List of Other Included Managers: No. 13F File Name Number 01 28-6808 CDC IXIS Asset Management North America, L.P. 02 Subadvised accounts FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 3COM CORP COM COM 885535104 3758 901200.00SH SOLE 901200.00 3M CO COM COM 88579Y101 416 5074.00 SH SOLE 5074.00 4 KIDS ENTMT INC COM COM 350865101 248 11800.00 SH SOLE 11800.00 ABBOTT LABS COM 002824100 442053 9475938.00SH SOLE 9115238.00360700.00 91223 1955474.00SH DEFINED 01 268700.001686774.00 50837 1089760.00SH OTHER 02 1089760.00 AFLAC INC COM 001055102 142717 3582249.00SH SOLE 3412049.00170200.00 63439 1592351.00SH DEFINED 01 126400.001465951.00 8705 218500.00SH OTHER 02 218500.00 AGILYSYS INC COM 00847J105 347 20250.00 SH SOLE 20250.00 ALLIANT TECHSYSTEMS COM 018804104 25060 383300.00SH SOLE 383300.00 ALLSTATE CORPORATION COM 020002101 823 15906.00 SH SOLE 15906.00 ALTRIA GROUP INC COM 02209S103 1600 26181.00 SH SOLE 26181.00 AMCORE FINL INC COM 023912108 223 6930.00 SH SOLE 6930.00 AMERICAN EXPRESS CO COM 025816109 7381 130935.00SH SOLE 130935.00 AMERICAN INTL GROUP INC COM COM 026874107 811 12352.00 SH SOLE 12352.00 AMERISOURCEBERGEN CORP COM COM 03073E105 131423 2239650.00SH SOLE 2194950.00 44700.00 3245 55300.00 SH DEFINED 01 55300.00 13725 233900.00SH OTHER 02 233900.00 AMGEN INC COM 031162100 616 9600.00 SH SOLE 9600.00 ANHEUSER BUSCH COS INC COM 035229103 221090 4358169.00SH SOLE 4032669.00325500.00 82092 1618210.00SH DEFINED 01 225900.001392310.00 79311 1563400.00SH OTHER 02 967700.00595700.00 APTARGROUP INC COM 038336103 350 6636.00 SH SOLE 6636.00 ARAMARK CORP CL B COM 038521100 22580 851750.00SH SOLE 810550.00 41200.00 2237 84400.00 SH DEFINED 01 84400.00 61959 2337200.00SH OTHER 02 2337200.00 ARCHSTONE-SMITH TRUST COM 039583109 464 12121.00 SH SOLE 12121.00 AUTOMATIC DATA PROCESS COM COM 053015103 143846 3243425.00SH SOLE 3240625.00 2800.00 4200 94700.00 SH DEFINED 01 94700.00 7872 177500.00SH OTHER 02 177500.00 AUTONATION INC COM COM 05329W102 143132 7450900.00SH SOLE 7370600.00 80300.00 12016 625500.00SH DEFINED 01 497800.00127700.00 57779 3007750.00SH OTHER 02 2989600.00 18150.00 AUTOZONE INC NEV COM 053332102 320 3500.00 SH SOLE 3500.00 BANK NEW YORK INC COM 064057102 83692 2504250.00SH SOLE 2504250.00 3522 105400.00SH DEFINED 01 105400.00 5695 170400.00SH OTHER 02 170400.00 BANK OF AMERICA CORP NEW COM COM 060505104 1660 35322.00 SH SOLE 35322.00 BAXTER INTL INC COM COM 071813109 349627 10122392.00SH SOLE 9687692.00434700.00 82719 2394881.00SH DEFINED 01 559700.001835181.00 124619 3607950.00SH OTHER 02 3543100.00 64850.00 BELO A H CORP COM 080555105 31483 1199800.00SH SOLE 1130800.00 69000.00 2254 85900.00 SH OTHER 02 85900.00 BERKSHIRE HATHAWAY INC CL B COM 084670207 1133 386.00 SH SOLE 386.00 BERKSHIRE HATHAWAY INC D COM 084670108 13097 149.00 SH SOLE 149.00 BLACK & DECKER CORP COM 091797100 229477 2597947.00SH SOLE 2567747.00 30200.00 21455 242900.00SH DEFINED 01 178900.00 64000.00 15418 174545.00SH OTHER 02 174545.00 BLOCK H & R INC COM COM 093671105 574007 11714435.00SH SOLE 11692235.0022200.00 30507 622600.00SH DEFINED 01 485900.00136700.00 94051 1919400.00SH OTHER 02 1919400.00 BP PLC SPONSORED ADR COM 055622104 900 15411.00 SH SOLE 15411.00 BRISTOL MYERS SQUIBB CO COM 110122108 398803 15566080.00SH SOLE 15092980.00473100.00 73933 2885766.00SH DEFINED 01 806400.002079366.00 79769 3113552.00SH OTHER 02 1868352.001245200.00 BRUNSWICK CORP COM 117043109 40793 824100.00SH SOLE 786000.00 38100.00 44842 905900.00SH OTHER 02 905900.00 BURLINGTON RES INC COM 122014103 803305 18466788.00SH SOLE 18228588.00238200.00 44431 1021400.00SH DEFINED 01 689200.00332200.00 82946 1906800.00SH OTHER 02 1906800.00 CABLEVISION SYS CORP CL A COM 12686C109 91262 3665145.00SH SOLE 3582545.00 82600.00 5204 209000.00SH DEFINED 01 154500.00 54500.00 78231 3141800.00SH OTHER 02 3036200.00105600.00 CABOT OIL & GAS CORP COM 127097103 49781 1125000.00SH SOLE 1125000.00 CAPITAL SOUTHWEST CORP COM 140501107 4621 58853.00 SH SOLE 58853.00 CARDINAL HEALTH INC COM COM 14149Y108 45947 790142.00SH SOLE 790142.00 8782 151016.00SH DEFINED 01 62000.00 89016.00 CAREMARK RX INC COM COM 141705103 211250 5357600.00SH SOLE 5357600.00 879 22300.00 SH OTHER 02 22300.00 CARMAX INC COM COM 143130102 242 7780.00 SH SOLE 7780.00 CARNIVAL CORP PAIRED CTF COM 143658300 119396 2071764.00SH SOLE 1985764.00 86000.00 40729 706740.00SH DEFINED 01 120700.00586040.00 88248 1531284.00SH OTHER 02 1505684.00 25600.00 CATELLUS DEV CORP (NEW) COM 149113102 320 10469.97 SH SOLE 10469.97 CATERPILLAR INC DEL COM COM 149123101 514 5267.00 SH SOLE 5267.00 CEDAR FAIR L P DEPOSITRY UNIT COM 150185106 5964 181272.00SH SOLE 181272.00 CENDANT CORP COM 151313103 123838 5296761.00SH SOLE 5259361.00 37400.00 1637 70000.00 SH DEFINED 01 70000.00 55131 2358055.00SH OTHER 02 2288055.00 70000.00 CERIDIAN CORP NEW COM COM 156779100 180885 9895268.00SH SOLE 9820768.00 74500.00 7860 430000.00SH DEFINED 01 180000.00250000.00 1595 87240.00 SH OTHER 02 87240.00 CHEVRON TEXACO CORP COM 166764100 971 18488.00 SH SOLE 18488.00 0 7.00 SH DEFINED 01 7.00 CHIRON CORP COM 170040109 1613 48386.00 SH SOLE 48386.00 CHOICEPOINT INC COM COM 170388102 82124 1785700.00SH SOLE 1785700.00 7605 165360.00SH OTHER 02 159060.00 6300.00 CIRCUIT CITY STORE INC COM 172737108 404 25820.00 SH SOLE 25820.00 CISCO SYS INC COM COM 17275R102 230 11925.00 SH SOLE 11925.00 CITIGROUP INC COM 172967101 473021 9817795.00SH SOLE 9446895.00370900.00 118824 2466249.00SH DEFINED 01 269600.002196649.00 67581 1402684.00SH OTHER 02 1402684.00 CLEAR CHANNEL COMMUN COM COM 184502102 280 8350.00 SH SOLE 8350.00 CLOROX CO DEL COM 189054109 220 3736.00 SH SOLE 3736.00 COACH INC COM COM 189754104 347 6150.00 SH SOLE 6150.00 COCA COLA CO COM 191216100 80644 1937163.00SH SOLE 1854663.00 82500.00 17603 422844.00SH DEFINED 01 67000.00355844.00 550 13200.00 SH OTHER 02 13200.00 COCA COLA ENTERPRISES COM COM 191219104 102281 4905550.00SH SOLE 4576950.00328600.00 49484 2373350.00SH DEFINED 01 819600.001553750.00 10825 519200.00SH OTHER 02 519200.00 COLGATE PALMOLIVE CO COM 194162103 4872 95225.00 SH SOLE 95225.00 5121 100100.00SH DEFINED 01 100100.00 COLLAGENEX PHARMA INC COM COM 19419B100 509 69400.00 SH SOLE 69400.00 COMCAST CORP CL A COM 20030N101 3705 111318.00SH SOLE 111318.00 COMCAST CORP CL A SPL COM 20030N200 322137 9809290.00SH SOLE 9089290.00720000.00 132664 4039714.00SH DEFINED 01 535400.003504314.00 84315 2567437.00SH OTHER 02 2567437.00 COMERICA INC COM 200340107 738 12099.00 SH SOLE 12099.00 CONMED CORP COM 207410101 16202 570100.00SH SOLE 570100.00 CONOCOPHILLIPS COM COM 20825C104 316358 3643421.00SH SOLE 3611189.00 32232.00 24840 286076.24SH DEFINED 01 34500.00251576.24 20821 239792.01SH OTHER 02 233495.00 6297.01 COSTCO WHOLESALE CORP COM COM 22160k105 299916 6195339.00SH SOLE 6005139.00190200.00 83205 1718752.00SH DEFINED 01 183200.001535552.00 88825 1834850.00SH OTHER 02 1784850.00 50000.00 CSX CORP COM 126408103 315 7858.00 SH SOLE 7858.00 DANAHER CORP DEL COM COM 235851102 444 7735.00 SH SOLE 7735.00 DARDEN RESTAURANTS INC COM 237194105 103728 3739300.00SH SOLE 3739300.00 2530 91200.00 SH DEFINED 01 91200.00 97548 3516510.00SH OTHER 02 3494010.00 22500.00 DEAN FOODS CO NEW COM COM 242370104 83251 2526577.00SH SOLE 2526577.00 DECORATOR INDS INC COM PAR $0. COM 243631207 130 16154.00 SH SOLE 16154.00 DEERE & CO COM COM 244199105 379 5100.00 SH SOLE 5100.00 DELPHI CORP COM 247126105 170189 18868000.00SH SOLE 18846500.0021500.00 259 28700.00 SH OTHER 02 28700.00 DESARROLLADORA HOMEX SPONSORED COM 25030W100 284 12000.00 SH SOLE 12000.00 DIAGEO P L C SPNSRD ADR NEW COM 25243Q205 547451 9458378.00SH SOLE 9305878.00152500.00 119915 2071792.00SH DEFINED 01 283500.001788292.00 27672 478093.00SH OTHER 02 468343.00 9750.00 DIONEX CORP COM 254546104 214 3780.00 SH SOLE 3780.00 DIRECTV GROUP INC COM 25459L106 321553 19208632.09SH SOLE 18393326.09815306.00 76913 4594567.00SH DEFINED 01 537100.004057467.00 31979 1910325.00SH OTHER 02 1910325.00 DISNEY WALT CO DEL COM 254687106 289801 10424513.00SH SOLE 9678113.00746400.00 110584 3977827.00SH DEFINED 01 507500.003470327.00 64229 2310400.00SH OTHER 02 2310400.00 DOMINION RESOURCES INC VA COM 25746U109 264 3900.00 SH SOLE 3900.00 DONNELLEY R R & SONS CO COM 257867101 263448 7465221.00SH SOLE 7400921.00 64300.00 19939 565000.00SH DEFINED 01 503000.00 62000.00 93847 2659300.00SH OTHER 02 2641050.00 18250.00 DUN & BRADSTREET 2000 COM 26483E100 262030 4392794.00SH SOLE 4376394.00 16400.00 53527 897345.00SH OTHER 02 897345.00 ECHOSTAR COMMNTNS NEW CL A COM 278762109 222346 6689100.00SH SOLE 6637400.00 51700.00 10354 311500.00SH OTHER 02 311500.00 EDWARDS LIFESCIENCES COM COM 28176E108 48000 1163358.00SH SOLE 1150658.00 12700.00 278 6745.00 SH OTHER 02 6745.00 EFUNDS CORP COM 28224R101 63672 2651900.00SH SOLE 2651900.00 7412 308700.00SH DEFINED 01 137100.00171600.00 ENTERGY CORP NEW COM 29364G103 284 4200.00 SH SOLE 4200.00 EOG RES INC COM COM 26875P101 208 2908.00 SH SOLE 2908.00 EQUIFAX INC COM COM 294429105 132431 4712834.00SH SOLE 4620334.00 92500.00 9686 344700.00SH DEFINED 01 127000.00217700.00 43977 1565000.00SH OTHER 02 1565000.00 EXXON MOBIL CORP COM COM 30231G102 4079 79581.00 SH SOLE 79581.00 FANNIE MAE CORP COM 313586109 265738 3731756.00SH SOLE 3455656.00276100.00 106401 1494188.00SH DEFINED 01 206400.001287788.00 103073 1447450.00SH OTHER 02 1020150.00427300.00 FIDELITY INVT TR DIVERS INTL F COM 315910802 380 13258.12 SH SOLE 13258.12 FIDELITY NATL FINL INC COM COM 316326107 515 11281.00 SH SOLE 11281.00 FIRST DATA CORP COM 319963104 1044141 24544923.00SH SOLE 24138923.00406000.00 123739 2908778.00SH DEFINED 01 864900.002043878.00 228833 5379252.00SH OTHER 02 4661578.00717674.00 FIRST FINL CORP IND COM COM 320218100 1350 38546.00 SH SOLE 38546.00 FORTUNE BRANDS INC COM 349631101 275418 3568518.00SH SOLE 3305118.00263400.00 95087 1232018.00SH DEFINED 01 175700.001056318.00 58638 759750.00SH OTHER 02 759750.00 FOX ENTMT GROUP INC CL A COM 35138T107 98450 3149400.00SH SOLE 3079600.00 69800.00 3367 107700.00SH OTHER 02 107700.00 GANNETT INC COM 364730101 127707 1563116.00SH SOLE 1563116.00 8856 108400.00SH OTHER 02 108400.00 GAP INC DEL COM 364760108 649927 30773047.00SH SOLE 29735547.001037500.00 92864 4396957.00SH DEFINED 01 757700.003639257.00 195856 9273500.00SH OTHER 02 7645100.001628400.00 GENERAL DYNAMICS CORP COM 369550108 222486 2127018.00SH SOLE 2127018.00 GENERAL ELEC CO COM 369604103 7467 204569.00SH SOLE 204569.00 GENERAL MLS INC COM 370334104 186702 3755816.00SH SOLE 3463316.00292500.00 68558 1379159.00SH DEFINED 01 198100.001181059.00 33903 682020.00SH OTHER 02 682020.00 GLAXOSMITHKLINE PLC SPONSORED COM 37733W105 2425 51172.00 SH SOLE 51172.00 GOLDMAN SACHS GROUP INC COM COM 38141G104 276 2650.00 SH SOLE 2650.00 GRAINGER W W INC COM 384802104 240 3600.00 SH SOLE 3600.00 GRUPO AEROPORTUARIO DEL SURE COM 40051E202 75088 2745452.00SH SOLE 2425752.00319700.00 9797 358200.00SH DEFINED 01 155000.00203200.00 386 14100.00 SH OTHER 02 14100.00 GUIDANT CORP COM COM 401698105 169564 2351785.00SH SOLE 2204885.00146900.00 54087 750161.00SH DEFINED 01 133700.00616461.00 87293 1210716.00SH OTHER 02 1180716.00 30000.00 HARLEY DAVIDSON INC COM 412822108 156167 2570650.00SH SOLE 2444550.00126100.00 50997 839460.00SH DEFINED 01 93700.00745760.00 16041 264050.00SH OTHER 02 259950.00 4100.00 HEINZ H J CO COM 423074103 136552 3502220.00SH SOLE 3233320.00268900.00 54819 1405985.00SH DEFINED 01 199800.001206185.00 26012 667150.00SH OTHER 02 667150.00 HERS APPAREL INDS INC COM 427788104 0 10000.00 SH SOLE 10000.00 HERSHEY FOODS CORP COM COM 427866108 455 8200.00 SH SOLE 8200.00 HOME DEPOT INC COM COM 437076102 289846 6781610.00SH SOLE 6217410.00564200.00 129327 3025892.00SH DEFINED 01 438400.002587492.00 136452 3192615.00SH OTHER 02 2487515.00705100.00 HONEYWELL INTL INC COM COM 438516106 233707 6600026.00SH SOLE 6249726.00350300.00 50509 1426406.00SH DEFINED 01 205400.001221006.00 30904 872750.00SH OTHER 02 872750.00 HOSPIRA INC COM 441060100 136407 4071851.00SH SOLE 4063851.00 8000.00 15256 455400.00SH DEFINED 01 388400.00 67000.00 92462 2760056.00SH OTHER 02 2760056.00 HOSPITALITY PPTYS TR COM SH BE COM 44106M102 593 12900.00 SH SOLE 12900.00 ILLINOIS TOOL WORKS COM 452308109 3581 38642.00 SH SOLE 38642.00 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COM 449934108 195972 8443441.00SH SOLE 8443441.00 5037 217000.00SH OTHER 02 217000.00 INTEL CORP COM 458140100 777 33207.00 SH SOLE 33207.00 INTERNATIONAL BUSINESS MACHINE COM 459200101 4667 47346.00 SH SOLE 47346.00 INTERNATIONAL PAPER CO COM 460146103 239 5700.00 SH SOLE 5700.00 ISHARES TR RUSSELL1000VAL COM 464287598 14060 211836.00SH DEFINED 01 211836.00 JANUS CAPITAL GROUP, INC. COM 47102X105 81212 4831200.00SH SOLE 4831200.00 1550 92200.00 SH OTHER 02 92200.00 JOHNSON & JOHNSON COM 478160104 99719 1572354.00SH SOLE 1329454.00242900.00 90564 1427997.00SH DEFINED 01 196100.001231897.00 41476 653987.00SH OTHER 02 653987.00 JPMORGAN CHASE & CO COM COM 46625H100 378238 9695915.00SH SOLE 9142615.00553300.00 124392 3188733.00SH DEFINED 01 464500.002724233.00 106193 2722200.00SH OTHER 02 2671600.00 50600.00 JUNO LTG INC COM 482047206 465 11071.00 SH SOLE 11071.00 KINDER MORGAN ENERGY UT LTD PA COM 494550106 723 16300.00 SH SOLE 16300.00 KNIGHT RIDDER INC COM 499040103 309892 4629401.00SH SOLE 4600668.00 28733.00 14559 217500.00SH DEFINED 01 181400.00 36100.00 64923 969861.69SH OTHER 02 965810.00 4051.69 KOHLS CORP COM COM 500255104 234740 4774056.00SH SOLE 4373856.00400200.00 104917 2133758.00SH DEFINED 01 300000.001833758.00 59294 1205900.00SH OTHER 02 1205900.00 KRAFT FOODS COM 50075N104 170112 4777091.00SH SOLE 4328491.00448600.00 79118 2221787.00SH DEFINED 01 322600.001899187.00 45823 1286800.00SH OTHER 02 1286800.00 KROGER CO COM 501044101 26000 1482300.00SH SOLE 1475700.00 6600.00 1366 77900.00 SH OTHER 02 77900.00 LAB CORP OF AMERICA NEW COM 50540R409 116684 2342112.00SH SOLE 2294412.00 47700.00 11284 226500.00SH DEFINED 01 95000.00131500.00 5899 118400.00SH OTHER 02 118400.00 LEE ENTERPRISES INC COM 523768109 207 4500.00 SH SOLE 4500.00 LEE ENTERPRISES INC CL B COM 523768208 428 9294.00 SH SOLE 9294.00 LENNAR CORP CL A COM COM 526057104 5441 96000.00 SH SOLE 96000.00 873 15400.00 SH OTHER 02 15400.00 LIBERTY MEDIA CORP A COM 530718105 715920 65202206.00SH SOLE 62485106.002717100.00 169928 15476152.00SH DEFINED 01 3256900.0012219252.00 254899 23214839.00SH OTHER 02 19512095.003702744.00 LIBERTY MEDIA INTL INC COM SER COM 530719103 213752 4623673.00SH SOLE 4593152.00 30521.00 555 12000.00 SH DEFINED 01 12000.00 60131 1300684.00SH OTHER 02 1289284.00 11400.00 LILLY ELI & CO COM 532457108 853 15033.00 SH SOLE 15033.00 LIMITED BRANDS INC COM COM 532716107 415403 18045321.00SH SOLE 17638621.00406700.00 40346 1752670.00SH DEFINED 01 161400.001591270.00 18055 784320.00SH OTHER 02 784320.00 LIZ CLAIBORNE INC COM 539320101 27110 642275.00SH SOLE 609675.00 32600.00 10759 254900.00SH DEFINED 01 203800.00 51100.00 76358 1809000.00SH OTHER 02 1808500.00 500.00 LOCKHEED MARTIN CORP COM 539830109 933 16800.00 SH SOLE 16800.00 LOWES COS INC COM COM 548661107 913 15850.00 SH SOLE 15850.00 MARATHON OIL CORP COM COM 565849106 312 8295.00 SH SOLE 8295.00 MASCO CORP COM COM 574599106 325493 8910285.00SH SOLE 8242885.00667400.00 126346 3458699.00SH DEFINED 01 474400.002984299.00 103376 2829884.21SH OTHER 02 2814075.00 15809.21 MATTEL INC COM COM 577081102 293963 15082760.00SH SOLE 15006260.0076500.00 65069 3338600.00SH OTHER 02 3338600.00 MBIA INC COM 55262C100 70405 1112600.00SH SOLE 1105200.00 7400.00 1000 15800.00 SH OTHER 02 15800.00 MCDONALDS CORP COM 580135101 758265 23651422.00SH SOLE 22831922.00819500.00 140202 4373111.00SH DEFINED 01 677700.003695411.00 196633 6133280.00SH OTHER 02 6053280.00 80000.00 MCGRAW-HILL COS INC COM 580645109 101 1100.00 SH SOLE 1100.00 5575 60900.00 SH DEFINED 01 60900.00 MEDIA GEN INC CL A COM 584404107 512 7900.00 SH SOLE 7900.00 MEDIMMUNE INC COM COM 584699102 177057 6531050.00SH SOLE 6467750.00 63300.00 3391 125100.00SH OTHER 02 125100.00 MEDTRONIC INC COM 585055106 2604 52425.00 SH SOLE 52425.00 MELLON FINANCIAL CORP COM 58551A108 207 6644.00 SH SOLE 6644.00 MENTOR GRAPHICS CORP COM 587200106 65554 4287350.00SH SOLE 4267350.00 20000.00 6093 398480.00SH OTHER 02 377680.00 20800.00 MERCK & CO INC COM 589331107 94624 2944134.00SH SOLE 2526334.00417800.00 58825 1830260.00SH DEFINED 01 291900.001538360.00 56370 1753875.00SH OTHER 02 870175.00883700.00 METHODE ELECTRS INC COM 591520200 240 18700.00 SH SOLE 18700.00 MGIC INVT CORP WIS COM 552848103 186120 2700914.00SH SOLE 2575914.00125000.00 20252 293897.00SH DEFINED 01 69900.00223997.00 12562 182300.00SH OTHER 02 182300.00 MICROSOFT CORP COM 594918104 527 19735.00 SH SOLE 19735.00 MOLEX INC COM 608554101 279 9297.00 SH SOLE 9297.00 MOLEX INC CL A COM 608554200 354 13297.00 SH SOLE 13297.00 MOODY'S CORPORATION COM 615369105 248886 2865700.00SH SOLE 2865700.00 13609 156700.00SH DEFINED 01 127800.00 28900.00 16258 187200.00SH OTHER 02 185600.00 1600.00 MORGAN STANLEY COM NEW COM 617446448 1168 21030.00 SH SOLE 21030.00 NESTLE S A SPONSORED ADR COM 641069406 318598 4883619.00SH SOLE 4810819.00 72800.00 61628 944660.00SH DEFINED 01 144100.00800560.00 1892 29000.00 SH OTHER 02 29000.00 NEWS CORP CLASS A COM 65248E104 11208 600648.00SH SOLE 595128.00 5520.00 0 0.01 SH DEFINED 01 0.01 7 400.00 SH OTHER 02 400.00 NORTHERN TR CORP COM 665859104 1122 23100.00 SH SOLE 23100.00 O REILLY AUTOMOTIVE INC COM 686091109 270 6000.00 SH SOLE 6000.00 OCCIDENTAL PETE CP DEL COM COM 674599105 216 3700.00 SH SOLE 3700.00 OFFICE DEPOT INC COM COM 676220106 242552 13971875.00SH SOLE 13894975.0076900.00 53365 3074000.00SH OTHER 02 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COM 4617611 1005 12316 SH SOLE 12316 NEOPOST COM 5617096 145678 1877413 SH SOLE 1735413 142000 10328 133100 SH DEFINED 01 81000 52100 21897 282200 SH OTHER 02 204100 78100 PERNOD-RICARD COM 4682329 83842 548400 SH SOLE 548400 16955 110900 SH OTHER 02 92525 18375 PFEIFFER VACUUM TECHNOLOGY COM 5499238 35196 786220 SH SOLE 624220 162000 5891 131600 SH OTHER 02 131600 PROSEGUR SEGURIDAD COM 514021 24122 1228000 SH SOLE 1083000 145000 PUBLICIS GROUPE SA COM 4380429 196309 6067550 SH SOLE 6067550 132703 4101600 SH OTHER 02 3914600 187000 SAN PAOLO IMI SPA COM 5556575 91195 6342000 SH SOLE 6342000 11462 797100 SH OTHER 02 662100 135000 SANOFI-AVENTIS COM 5671735 124278 1558046 SH SOLE 1558046 1950 24444 SH DEFINED 01 24444 17933 224827 SH OTHER 02 189167 35660 SOPRA GROUP COM 5633616 10188 169830 SH SOLE 169830 TOTAL SA COM 4905413 33720 154678 SH SOLE 154678 3488 16000 SH OTHER 02 11000 5000 UNICREDITO ITALIANO COM 4232445 117281 20438492 SH SOLE 20438492 51208 8924000 SH OTHER 02 8200000 724000 VAISALA COM 5932357 24091 975750 SH SOLE 832250 143500 VIVENDI UNIVERSAL COM 4834777 226636 7112271 SH SOLE 7112271 9980 313200 SH DEFINED 01 136000 177200 131109 4114450 SH OTHER 02 3756550 357900 VOSSLOH AG COM 5092336 1430 29000 SH SOLE 29000 DAEGU BANK COM 624947 15246 2192000 SH SOLE 1546000 646000 G2R INC COM 6367077 17004 991690 SH SOLE 756240 235450 HITE BREWERY COM 6193573 12620 152800 SH SOLE 122800 30000 KOOK SOON DANG BREWERY COMPANY COM 6285920 19191 1552082 SH SOLE 1235082 317000 KOOKMIN BANK COM 6419365 131244 3354668 SH SOLE 3354668 40570 1037000 SH OTHER 02 895000 142000 LOTTE CHILSUNG COM 6535443 129329 139460 SH SOLE 130380 9080 15932 17180 SH OTHER 02 17180 LOTTE CONFECTIONARY COM 6535432 4389 5730 SH SOLE 3880 1850 PUSAN BANK COM 6075552 18351 2389570 SH SOLE 1849570 540000 SK TELECOM COM 6224871 244219 1283330 SH SOLE 1283330 7563 39740 SH DEFINED 01 17400 22340 126191 663110 SH OTHER 02 626310 36800 TAE YOUNG COM 6871738 21696 598930 SH SOLE 455790 143140 ALFA LAVAL AB COM 7332687 23390 1446000 SH SOLE 1178000 268000 MUNTERS COM 5342387 6642 220700 SH SOLE 196700 24000 FLETCHER BUILDING COM 6341606 14267 3001400 SH SOLE 2662400 339000 MAINFREIGHT COM 6603038 14436 8935381 SH SOLE 8935381 COLOPLAST COM B04TZX0 15926 290600 SH SOLE 237200 53400 COPENHAGEN AIRPORTS COM 4155285 46850 220880 SH SOLE 174280 46600 JYSKE BANK COM B0386J1 24488 651800 SH SOLE 651800 COOLBRANDS INTERNATIONAL COM 2228844 1140 150000 SH SOLE 150000 ASATSU DK COM 6056052 27763 985700 SH SOLE 840700 145000 DAIWA SECURITIES COM 6251448 92293 12775100 SH SOLE 12775100 1250 173000 SH DEFINED 01 173000 60078 8316000 SH OTHER 02 8140000 176000 ICHIYOSHI SECURITIES COM 6456492 24455 2628500 SH SOLE 2171900 456600 772 83000 SH DEFINED 01 83000 KONAMI SPORTS CORP COM 6683762 4584 216400 SH SOLE 192100 24300 MEITEC COM 6576356 182493 4893400 SH SOLE 4785400 108000 2648 71000 SH DEFINED 01 71000 26602 713300 SH OTHER 02 593300 120000 OLYMPUS CORP COM 6658801 102307 4796000 SH SOLE 4796000 21609 1013000 SH OTHER 02 816000 197000 SANTEN PHARMACEUTICAL CO COM 6776606 60434 2763500 SH SOLE 2406500 357000 1111 50800 SH DEFINED 01 50800 SQUARE ENIX COM 6309262 19186 648600 SH SOLE 457600 191000 TAIYO INK COM 6871783 23695 638700 SH SOLE 488700 150000 TAKEDA PHARMACEUTICAL CO COM 6870445 306421 6082700 SH SOLE 6082700 8675 172200 SH DEFINED 01 172200 132005 2620400 SH OTHER 02 2294700 325700 CREDIT SUISSE GROUP COM 7171589 181067 4318533 SH SOLE 4318533 3794 90500 SH DEFINED 01 34000 56500 127528 3041600 SH OTHER 02 2892600 149000 GIVAUDAN COM 5980613 184451 280752 SH SOLE 274852 5900 6057 9220 SH DEFINED 01 4600 4620 100996 153725 SH OTHER 02 146575 7150 GURIT-HEBERLIEN COM 5703791 50922 62490 SH SOLE 50690 11800 627 770 SH OTHER 02 770 JULIUS BAER HOLDING COM 7194177 150087 499946 SH SOLE 468246 31700 12394 41285 SH DEFINED 01 15725 25560 48949 163050 SH OTHER 02 163050 LONZA GROUP AG COM 7333378 245991 4381900 SH SOLE 4381900 7980 142150 SH DEFINED 01 71600 70550 35518 632700 SH OTHER 02 515700 117000 NESTLE SA (REGISTERED) COM 7123870 315936 1210698 SH SOLE 1210698 16777 64290 SH DEFINED 01 24460 39830 177918 681800 SH OTHER 02 652100 29700 NOVARTIS AG COM 7103065 245235 4879238 SH SOLE 4879238 7760 154400 SH DEFINED 01 63000 91400 100205 1993700 SH OTHER 02 1860700 133000 PARGESA HOLDING COM 4671026 27030 7704 SH SOLE 7704 SAURER AG COM 7179710 46986 799500 SH SOLE 657500 142000 SCHINDLER HOLDING COM 7337541 50498 121200 SH SOLE 95900 25300 SWATCH GROUP COM 7184725 132904 907829 SH SOLE 907829 84822 579400 SH OTHER 02 547600 31800 SWATCH GROUP-REGISTERED SHS COM 7184736 732 24700 SH SOLE 24700 16475 555700 SH OTHER 02 555700 SYNGENTA AG COM 4356646 101154 954645 SH SOLE 954645 50236 474100 SH OTHER 02 436400 37700 TAMEDIA AG COM 4498816 17931 194691 SH SOLE 194691 ALASKA MILK COM 6014771 2596 49394000 SH SOLE 49394000 MATICHON (FOREIGN) COM 6572332 3673 2039500 SH SOLE 2039500