3 1 w63581ae3.txt FORM 3 FORM 3 U.S. SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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 Ventures, N.V. -------------------------------------------------------------------------------- Parkweg 2 2585 JJ's-Gravenhage -------------------------------------------------------------------------------- The Netherlands -------------------------------------------------------------------------------- ________________________________________________________________________________ 2. Date of Event Requiring Statement (Month/Day/Year) October 4, 2002 ________________________________________________________________________________ 3. IRS or Social Security Number of Reporting Person (Voluntary) ________________________________________________________________________________ 4. Issuer Name and Ticker or Trading Symbol Lithium Technology Corporation (LITH) ________________________________________________________________________________ 5. Relationship of Reporting Person to Issuer (Check all applicable) [_] Director [X] 10% Owner [_] Officer (give title below) [_] Other (specify below) ________________________________________________________________________________ 6. If Amendment, Date of Original (Month/Day/Year) ________________________________________________________________________________ 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 Beneficially Owned ================================================================================

FORM 3 (continued) Table II -- Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ================================================================================

EXPLANATION OF RESPONSES: (1) Each share of the Series A Preferred Stock is convertible at the option of the holder thereof into 1,113.40524 shares of Issuer 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 into shares of Issuer Common Stock. The reporting person acquired 60,000 shares of the Issuer's Series A Preferred Stock in exchange for the issuance to the Issuer of 60% of the outstanding shares of GAIA Holding B.V. which were owned by the reporting person. (2) The Series A Preferred Stock will automatically be converted into 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. /s/ H. H. Van Andel, Chief Executive Officer October 4, 2002 --------------------------------------------- ----------------------- Signature of Reporting Person Date

ARCH HILL VENTURES NV 3