3 1 form3_11091.txt FORM 3 - THE INDIA GROWTH FUND, INC. U.S. SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 3 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* City of London Investment Group PLC -------------------------------------------------------------------------------- (Last) (First) (Middle) 10 Eastcheap -------------------------------------------------------------------------------- (Street) London England EC3M ILX -------------------------------------------------------------------------------- (City) (State) (Zip) -------------------------------------------------------------------------------- 2. Date of Event Requiring Statement (Month/Day/Year) February 26, 2002(1) -------------------------------------------------------------------------------- 3. IRS Identification Number of Reporting Person, if an Entity (Voluntary) -------------------------------------------------------------------------------- 4. Issuer Name and Ticker or Trading Symbol The India Growth Fund, Inc. ("IGF") -------------------------------------------------------------------------------- 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) [_] Form Filed by One Reporting Person [X] Form Filed by More than One Reporting Person ================================================================================ Table I -- Non-Derivative Securities Beneficially Owned ================================================================================

* If the Form is filed by more than one Reporting Person, see Instruction 5(b)(v). Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Print of Type Responses) (Over) Page 1 of 3 FORM 3 (continued) Table II -- Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ================================================================================

Explanation of Responses: (1) The date the Reporting Persons became obligated to file a report on Schedule 13D, and thus this Form 3, pursuant to Rule 16a-1(a)(1)(iv) under the Securities Exchange Act of 1934. (2) The Reporting Persons disclaim beneficial ownership of these securities, and this Form 3 shall not be deemed an admission that the Reporting Persons are the beneficial owners of the securities for purposes of Section 16 or for any other purpose. (3) City of London Investment Management Company Limited ("CLIM") is a Joint Filer pursuant to Rule 16a-3(j). Information relating to CLIM is attached hereto on page 3 of this Form 3. /s/ Doug Allison February 26, 2002 --------------------------------------------- ----------------------- **Signature of Reporting Person Date Name: Doug Allison, Finance Director ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure. (Print of Type Responses) Page 2 of 3 JOINT FILER INFORMATION ----------------------- Name: City of London Investment Management Company Limited ---- Address: 10 Eastcheap ------- London EC3M ILX, England Designated Filer: City of London Investment Group PLC ---------------- Issuer and Ticker Symbol: The India Growth Fund, Inc. ("IGF") ------------------------ Date of Event Requiring Statement: February 26, 2002 ------------------- Signature: City of London Investment Management Company Limited By: /s/ Doug Allison --------------------------------- Name: Doug Allison, Finance Director Page 3 of 3

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