X0303 4 2009-07-28 0 0000913662 EMERGING MARKETS TELECOMMUNICATIONS FUND INC/NEW ETF 0001322288 EBERSTADT WALTER A LAZARD FRERES & CO. 30 ROCKERFELLER PLAZA NEW YORK NY 10020 1 0 0 0 Common Stock 2009-07-28 4 P 0 163 18.01 A 2729.366 D Common Stock 5000 I By spouse Common Stock 300 I Esme Young Eberstadt 5/27/06 Trust Common Stock 300 I Maya Kuffner Eberstadt 5/27/06 Trust Common Stock 300 I Walter A & Vera K Eberstadt Trust Common Stock 200 I Walter A Eberstadt 97 GRDCHLDS Trust The reporting person was awarded 163 shares of Common Stock of the Issuer pursuant to the Issuer's Director Compensation Plan. /s/ Walter A. Eberstadt by Matt Woodward as attorney-in-fact, pursuant to a power of attorney 2009-07-30