CREDICORP LTD — Major Shareholding Notification 2006

Feb 13, 2006

SC 13G 1 bap20060213_form13g.htm SCHEDULE 13 G Provided by MZ Data Products

Page 1 of 7

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 9)

Credicorp Ltd.

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(Name of Issuer)

Common Shares

---

(Title of Class of Securities)

G2519Y 10 8

---

(CUSIP Number)

N/A

---

(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)
[	] Rule 13d-1(c)

x Rule 13d-1(d)

• 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.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“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).

CUSIP No. G2519Y 10 8 Page 2 of 7

1	Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons (Entities Only) Atlantic Security Holding Corporation
2	Check the Appropriate Box if a Member of a Group (a) o (b) x
3	SEC Use Only
4	Citizenship or Place of Organization Cayman Islands
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	5	Sole Voting Power 14,620,845
	6	Shared Voting Power 0
	7	Sole Dispositive Power 14,620,845
	8	Shared Dispositive Power 0
9	Aggregate Amount Beneficially Owned by Each Reporting Person 14,620,845 (individually) 15,280,313 (total group shares)
10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares
11	Percent of Class Represented by Amount in Row (9) 15.5% (individually) 16.2% (total group shares)
12	Type of Reporting Person (See Instructions) HC

CUSIP No. G2519Y 10 8 Page 3 of 7

1	Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons (Entities Only) Prima AFP * (Administradora de Fondos de Pensiones).
2	Check the Appropriate Box if a Member of a Group (a) o (b) x
3	SEC Use Only
4	Citizenship or Place of Organization Perú
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	5	Sole Voting Power 659,468
	6	Shared Voting Power 0
	7	Sole Dispositive Power 659,468
	8	Shared Dispositive Power 0
9	Aggregate Amount Beneficially Owned by Each Reporting Person 659,468 (individually) 15,280,313 (total group shares)
10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares
11	Percent of Class Represented by Amount in Row (9) 0.7% (individually) 16.2% (total group shares)
12	Type of Reporting Person (See Instructions) IC

Item 1(a).	Name of Issuer :
	Credicorp Ltd.
Item 1(b).	Address of Issuer’s Principal Executive Offices:

CUSIP No. G2519Y 10 8 Page 4 of 7

	Clarendon House
	Church Street
	Hamilton HM11 Bermuda
Item 2(a).	Name of Persons Filing:
	Atlantic Security Holding Corporation
	Prima AFP
Item 2(b).	Address of Principal Business Office or if None, Residence:
	Atlantic Security Holding Corp.
	Calle 50 y Aquilino de la Guardia
	Torre Banco Continental Pisos 28 29
	Panama, Republic of Panama
	Prima AFP
	Chinchón 980
	San Isidro
	Lima 27, Perú
Item 2(c).	Citizenship:
	See Item 4 on Page 2
	See Item 4 on Page 3
Item 2(d).	Title of Class of Securities:
	Common Shares
Item 2(e).	Cusip Number:
	G2519Y 10 8

Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b), check whether the person filing is a:

Not Applicable.

(a)	[ ]	Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o)
(b)	[ ]	Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c)
(c)	[ ]	Insurance Company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c)

CUSIP No. G2519Y 10 8 Page 5 of 7

(d)	[ ]	Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8)
(e)	[ ]	An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E)
(f)	[ ]	An employee benefit plan or endowment fund in accordance with §240.13d- 1(b)(1)(ii)(F)
(g)	[ ]	A parent holding company or control person in accordance with §240.13d- 1(b)(ii)(G)
(h)	[ ]	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act
(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 (15 U.S.C. 80a-3)
(j)	[ ]	Group, in accordance with §240.13d-1(b)(1)(ii)(J)

Item 4.Ownership

(a)	Amount Beneficially Owned:
	See Item 9 on Page 2
	See Item 9 on Page 3
(b)	Percent of Class:
	See Item 11 on Page 2
	See Item 11 on Page 3
(c)	Number of shares as to which such person has:
	(i)	Sole power to vote or to direct the vote:
		See Item 5 on Page 2
		See Item 5 on Page 3
	(ii)	Shared power to vote or to direct the vote:
		See Item 6 on Page 2
		See Item 6 on Page 3
	(iii)	Sole power to dispose or to direct the disposition of:

CUSIP No. G2519Y 10 8 Page 6 of 7

	See Item 7 on Page 2
	See Item 7 on Page 3
(iv)	Shared power to dispose or to direct the disposition of:
	See Item 8 on Page 2
	See Item 8 on Page 3

Item 5.	Ownership of Five Percent or Less of a Class
	Not Applicable
Item 6.	Ownership of More than Five Percent on Behalf of Another Person
	Prima AFP, an affiliate of Atlantic Security Holding Corporation and indirect subsidiary of the Issuer, is a pension fund administrator constituted under Peruvian law. Prima AFP owns the shares for the benefit of the beneficiaries of the pension fund.
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
	Not Applicable

CUSIP No. G2519Y 10 8 Page 7 of 7

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 10th, 2006 (Date)
Atlantic Security Holding Corporation
By: //Carlos Muñoz
Name: Carlos Muñoz
President
Title: Authorized Signatory

Prima AFP
By: //Rubén Loaiza
Name: Rubén Loaiza
General Manager
Title: Authorized Signatory