FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 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(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person *   APOLLO MANAGEMENT V LP 2. Date of Event Requiring Statement (Month/Day/Year) 11/10/2004 3. Issuer Name and Ticker or Trading Symbol Nalco Holding CO [NLC] (Last) (First) (Middle) TWO MANHATTANVILLE ROAD 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner _____ Officer (give title below) __X__ Other (specify below) See Footnote (1) 5. If Amendment, Date Original Filed(Month/Day/Year) 11/10/2004 (Street) PURCHASE, NY 10577 6. Individual or Joint/Group Filing(Check Applicable Line) ___ Form filed by One Reporting Person _X_ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Common Stock 32,600,676 I See Footnote (1)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
APOLLO MANAGEMENT V LP TWO MANHATTANVILLE ROAD PURCHASE, NY 10577	Â	Â	Â	See Footnote (1)
APOLLO INVESTMENT FUND V LP TWO MANHATTANVILLE ROAD PURCHASE, NY 10577	Â	Â	Â	See Footnote (1)
Apollo/Nalco Acquisition LLC TWO MANHATTANVILLE ROAD PURCHASE, NY 10577	Â	Â	Â	See Footnote (1)
AP Nalco LP TWO MANHATTANVILLE ROAD PURCHASE, NY 10577	Â	Â	Â	See Footnote (1)
APOLLO ADVISORS V LP TWO MANHATTANVILLE ROAD PURCHASE, NY 10577	Â	Â	Â	See Footnote (1)

Signatures

See signatures attached as Exhibit 99.2		11/12/2004
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	See Exhibit 99.1
  Remarks: This amended Form 3 is being filed to report the definitive number of shares of the Issuer's common stock to be issued to Nalco LLC pursuant to the reported stock dividend, which shares were reflected in the original report on an estimated basis, and to correspondingly update the number of shares of the Issuer's common stock reported as beneficially owned by the reporting persons.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

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