Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN 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 *
TPG ADVISORS III INC
  2. Issuer Name and Ticker or Trading Symbol
Burger King Holdings Inc [BKC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O TEXAS PACIFIC GROUP, 301 COMMERCE STREET, SUITE 3300
3. Date of Earliest Transaction (Month/Day/Year)
11/19/2007
(Street)

FT WORTH, TX 76102
4. If Amendment, Date Original Filed(Month/Day/Year)
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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.01 11/19/2007   S   6,480,000 D $ 24.125 21,953,497 I See Explanation of Responses (1) (2)
Common Stock, par value $0.01 11/21/2007   S   972,000 D $ 24.125 20,981,497 I See Explanation of Responses (1) (2)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
TPG ADVISORS III INC
C/O TEXAS PACIFIC GROUP
301 COMMERCE STREET, SUITE 3300
FT WORTH, TX 76102
    X    
COULTER JAMES G
C/O TEXAS PACIFIC GROUP
301 COMMERCE STREET, SUITE 3300
FORTH WORTH, TX 76102
    X    

Signatures

 /s/ Clive D. Bode, Vice President and Secretary (3)   11/21/2007
**Signature of Reporting Person Date

 /s/ Clive D. Bode, on behalf of James G. Coulter (3)(4)   11/21/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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) James G. Coulter and David Bonderman are officers, directors and the sole shareholders of TPG Advisors III, Inc., a Delaware corporation ("Advisors III"), which is the general partner of TPG GenPar III, L.P., a Delaware limited partnership, which is the general partner of TPG Partners III, L.P. ("Partners III"), a Delaware limited partnership, which in turn is the managing member of TPG BK Holdco LLC, which directly holds the shares of issuer common stock, par value $0.01 (the "Securities"), reported herein.
(2) Pursuant to Rule 16a-1(a)(2)(ii)(B) of the Securities Exchange Act of 1934, as amended (the "Act"), Mr. Coulter and Advisors III (together, the "Reporting Persons") may be deemed to be the beneficial owners of the Securities beneficially owned by Partners III only to the extent of the greater of their direct or indirect interest in the profits or capital accounts of Partners III. Pursuant to Rule 16a-1(a)(4) under the Act, this filing shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Act or otherwise, the beneficial owners of any Securities beneficially owned by Partners III in excess of such amount.
 
Remarks:
(3) The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act.  The Reporting
 Persons have entered into an Agreement of Joint Filing, dated as of November 12, 2007, which was previously filed with the
 Securities and Exchange Commission (the "SEC") as Exhibit 1 to the Schedule 13D filed on November 13, 2007 (SEC File No.
 005-57845) by Advisors III, TPG Advisors IV, Inc., T3 Advisors II, Inc., David Bonderman and James G. Coulter.

(4) Clive D. Bode is signing on behalf of Mr. Coulter pursuant to an authorization and designation letter dated August 31,
 2006, which was previously filed with the SEC.

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