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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

(Rule 13d-102)
Under the Securities Exchange Act of 1934

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b) (c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2

(Amendment No. 1)

WESTPOINT STEVENS INC.

(Name of Issuer)

CLASS A COMMON STOCK, PAR VALUE $0.01 PER SHARE
(Title of Class of Securities)

961238 10 2
(CUSIP Number)

December 31, 2003
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which the Schedule is filed:

o   Rule 13d-1 (b)

x   Rule 13d-1 (c)

o   Rule 13d-1 (d)

*   The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

     The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

             
13G
CUSIP No. 961238 10 2 Page 2 of 6 Pages
  (1) Name of Reporting Person/I.R.S. Identification Nos. of Above Persons (entities only)
 
The Bank of Nova Scotia
  (2) Check the Appropriate Box if a Member of a Group (See Instructions)
    (a) o  
    (b) o  
  (3) SEC Use Only
  (4) Citizenship or Place of Organization
 
Canada
Number of
Shares
Beneficially
Owned by
Each Reporting
Person With
(5) Sole Voting Power
749,926
(6) Shared Voting Power
0
(7) Sole Dispositive Power
749,926
(8)Shared Dispositive Power
0
  (9)Aggregate Amount Beneficially Owned by Each Reporting Person
 
749,926 at December 31, 2003
  (10)Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
o
  (11)Percent of Class Represented by Amount in Row (9)
 
1.5%*
  (12)Type of Reporting Person (See Instructions)
 
CO

*   Based on 49,897,409 shares of Class A Common Stock at December 31, 2003 as advised by WestPoint Stevens Inc.

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Item 1(a).   Name of Issuer
     
    WestPoint Stevens Inc.
     
Item 1(b).   Address of Issuer’s Principal Executive Offices
     
    WestPoint Stevens Inc.
    507 West Tenth Street
    West Point, Georgia 31833
     
Item 2(a).   Name of Persons Filing
     
    Of the 749,926 Class A Common Stock reported herein as being owned by The Bank of Nova Scotia (the “Bank”):

  •   77,358 are owned by the Bank directly; and

  •   672,568 are held by Calder & Co, a partnership established to hold securities in the partnership name for the account and subject to the order of the Bank (the “Nominee”).
     
Item 2(b).   Address of Principal Business Office or, if None, Residence
         
    The Bank:   The Bank of Nova Scotia
        Attention: Group Compliance
        44 King Street West
        Toronto, Ontario, Canada M5H 1H1
         
    The Nominee:   Calder & Co.
        c/o The Bank of Nova Scotia
        One Liberty Plaza, 24th Floor
        New York, New York 10006
Item 2(c).   Citizenship
         
    Scotiabank:   Organized under the laws of Canada.
         
    The Nominee:   A New York partnership.
     
Item 2(d).   Title of Class of Securities
     
    Class A, Common Stock, par value $0.01 per share

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Item 2(e).   CUSIP Number
     
    961238 10 2
     
Item 3.   Filing Category
     
    Not applicable
     
Item 4(a).   Amount Beneficially Owned
     
    749,926
     
Item 4(b).   Percent of Class
     
    1.5%
     
Item 4(c).   Number of shares as to which the Reporting Person has:
         
    (i)   sole power to vote or direct the vote:
         
        749,926
         
    (ii)   shared power to vote or direct the vote:
         
        0
         
    (iii)   sole power to dispose or to direct the disposition:
         
        749,926
         
    (iv)   shared power to dispose or to direct the disposition:
         
        0
     
Item 5.   Ownership of Five Percent or Less of a Class
     
    If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following    x

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Item 6.   Ownership of More Than Five Percent on Behalf of Another Person
     
    Not applicable
     
Item 7.   Identification and Classification of the Subsidiary Which Acquired Security Being Reported on By the Parent Holding Company
     
    Not applicable
     
Item 8.   Identification and Classification of Members of the Group
     
    Not applicable.
     
Item 9.   Notice of Dissolution of Group
     
    Not applicable
     
Item 10.   Certification
     
    Not applicable

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SIGNATURE

     After reasonable inquiry and to the best of the signatory’s knowledge and belief, the signatory certifies that the information set forth in this statement is true, complete and correct.

         
         
Dated:  January 21, 2004        
         
         
    THE BANK OF NOVA SCOTIA
         
         
    By:   /s/    D.A. Smith
       
    Name:   D.A. Smith
    Title:   Vice-President, Group Compliance

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