SECURITIES AND EXCHANGE COMMISSION
                           Washington, D.C.  20549

                           FORM 10K AMMENDMENT No. 3


  Annual report pursuant to Section 13 or 15(d) of the Securities
                           Exchange Act of 1934


   For the fiscal year ended       Commission File Number 0-17555
       December 31, 2002

                        Everest Futures Fund, L.P.
          (Exact name of registrant as specified in its charter)


               Iowa                            42-1318186
   (State or other jurisdiction of          (I.R.S. Employer
   incorporation or organization)           Identification No.)

    1100 North 4th Street, Suite 143, Fairfield, Iowa  52556
    (Address of principal executive offices)        (Zip Code)

Registrant's telephone number, including area code:
(641) 472-5500

Securities registered pursuant to Section 12(b) of the Act: None

    Securities registered pursuant to Section 12(g) of the Act:
               Units of Limited Partnership Interest


 Indicate by check mark whether the registrant (1) has filed all
   reports required to be filed by Section 13 or 15(d) of the
  Securities Exchange Act of 1934 during the preceding 12 months
(or for such shorter period that the registrant was required to
   file such reports), and (2) has been subject to such filing
       requirements for the past 90 days.
                     Yes  X        No  __

  Indicate by check mark if disclosure of delinquent filers
  pursuant to Item 405 of Regulation SK is not contained herein
   and will not be contained to the best of the Registrant's
    knowledge, in definitive proxy or information statements
   incorporated by reference in Part III of Form 10K:   [ X ]


Indicate by check mark whether the registrant is an accelerated
filer (as defined in Exchange Act Rule 12b-2).
                     Yes  __        No  X

The aggregate market value of the voting and non-voting common
equity held by non-affiliates of the Registrant as of June 30,
2002:  $38,430,184.

The purpose of this Form 10K amendment #3 is to correct information
given on the cover page of Form 10K amendment #2.  The period
reporting the aggregate market value has been changed to June 30, 2002
and the amount has changed to $38,430,184.


                        SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the
Securities Exchange Act of 1934, the Partnership has duly caused
this report to be signed on its behalf by the undersigned,
thereunto duly authorized.


Date:	August 8, 2003		Everest Futures Fund, L.P.


                              By:  Everest Asset Management, Inc.
                                        (General Partner)


                              By:  /s/ Peter Lamoureux
                              Peter Lamoureux, President
                              Secretary, Treasurer, and Director




Pursuant to the requirements of the Securities Exchange Act of
1934, this report has been signed below by the following persons
on behalf of the Partnership and in the capacities and on the
date indicated.


Date:	August 8, 2003


                            By:  /s/ Peter Lamoureux
                            Peter Lamoureux, President,
                            Secretary, Treasurer, and Director











                CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER

                   PURSUANT TO 18 U.S.C. SECTION 1350

I, Peter Lamoureux, certify that:
1. I have reviewed this annual report on Form 10-K of Everest Futures
Fund, L.P.;
2. Based on my knowledge, this annual report does not contain any
untrue statement of a material fact or omit to state a material fact
necessary to make the statements made, in light of the circumstances
under which such statements were made, not misleading with respect to
the period covered by this annual report.

                         EVEREST FUTURES FUND, L.P.

Date:  August 8, 2003     By:  Everest Asset Management, Inc.,
                                 its General Partner


                         By:    /s/ Peter Lamoureux
                                    Peter Lamoureux
                          Director, President, and Treasurer