4 1 w63581be4.txt FORM 4 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 ________________________________________________________________________________ 1. Name and Address of Reporting Person ARCH HILL CAPITAL N.V. -------------------------------------------------------------------------------- PARKWEG 2 -------------------------------------------------------------------------------- (Street) 2585 JJ'S --GRAVENHAGE -------------------------------------------------------------------------------- ________________________________________________________________________________ 2. Issuer Name and Ticker or Trading Symbol LITHIUM TECHNOLOGY CORPORATION (LITH) ________________________________________________________________________________ 3. IRS or Social Security Number of Reporting Person (Voluntary) ________________________________________________________________________________ 4. Statement for Month/Year October 4, 2002 ________________________________________________________________________________ 5. If Amendment, Date of Original (Month/Year) ________________________________________________________________________________ 6. Relationship of Reporting Person to Issuer (Check all applicable) [_] Director [X] 10% Owner [_] Officer (give title below) [_] Other (specify below) ________________________________________________________________________________ 7. Individual or Joint/Group Filing (Check applicable line) [X] Form filed by One Reporting Person [_] Form filed by More than One Reporting Person ________________________________________________________________________________ ================================================================================ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned ================================================================================

Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ================================================================================

EXPLANATION OF RESPONSES: (1) $1,914,567 OF CONVERTIBLE NOTES WERE CONVERTED INTO 23,932,087 SHARES OF ISSUER COMMON STOCK. (2) EACH SHARE OF THE SERIES A PREFERRED STOCK IS CONVERTIBLE AT THE OPTION OF THE HOLDER THEREOF INTO 1,113.40524 SHARES OF COMMON STOCK, AT ANY TIME FOLLOWING THE AUTHORIZATION AND RESERVATION OF A SUFFICIENT NUMBER OF SHARES OF ISSUER COMMON STOCK TO PROVIDE FOR THE CONVERSION OF ALL OUTSTANDING SHARES OF SERIES A PREFERRED STOCK STOCK INTO FULLY PAID AND NON-ASSESSABLE SHARES OF ISSUER COMMON STOCK. (3) EACH SHARE OF THE SERIES A PREFERRED STOCK WILL AUTOMATICALLY BE CONVERTED INTO 1,113.40524 SHARES OF ISSUER COMMON STOCK, ONE YEAR FOLLOWING THE AUTHORIZATION AND RESERVATION OF A SUFFICIENT NUMBER OF SHARES OF ISSUER COMMON STOCK TO PROVIDE FOR THE CONVERSION OF ALL OUTSTANDING SHARES OF SERIES A PREFERRED STOCK INTO SHARES OF ISSUER COMMON STOCK. (4) ISSUED IN EXCHANGE FOR THE ISSUANCE TO THE ISSUER OF 60% OF THE OUTSTANDING SHARES OF GAIA HOLDING B.V. WHICH WERE OWNED BY ARCH HILL VENTURES, N.V. WHICH IS CONTROLLED BY THE REPORTING PERSON. (5) OWNED BY ARCH HILL VENTURES, N.V. WHICH IS CONTROLLED BY THE REPORTING PERSON. (6) $3.94 MILLION PRINCIPAL OF ISSUER CONVERTIBLE NOTES OWNED BY THE REPORTING PERSON CONVERTIBLE INTO 39,490,000 ISSUER COMMON STOCK. /s/ H. H. Van Andel October 4, 2002 --------------------------------------------- ---------------------- Signature of Reporting Person Date 2

ARCH HILL CAPITAL NV 4