X0201 4 2003-07-25 0 0000730476 Z SEVEN FUND INC zsev 0000946437 TEMPLETON JOHN M LYFORD CAY PO BOX N-7776 0 0 1 0 0000904418 AGAPE CO SA/UNITY NV 0 0 1 0 Common Share 2003-07-25 4 S 0 3000 3.78 D 318652 D These shares are owned directly by Agape Co., S.A., P.O. Box N7776, Lyford Cay, Nassau, Bahamas, a ten percent owner of the issuer, and indirectly, through interposed entities, by Sir John Templeton. Margaret A. Bancroft (Attorney-in-fact for John M. Templeton) 2003-07-28