UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 5
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
( ) Form 3 Holdings Reported
( ) Form 4 Transactions Reported
1. Name and Address of Reporting Person
Jacobson, Bruce M.
Katz, Sapper & Miller
11711 North Meridian Street
P. O. Box 40857
Indianapolis, IN 46240-0857
USA
2. Issuer Name and Ticker or Trading Symbol
Tultex Corporation
TTX
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
02/08/99
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director ( ) 10% Owner ( ) Officer (give title below) ( ) Other
(specify below)
Director
7. Individual or Joint/Group Reporting (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
___________________________________________________________________________________________________________________________________
Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
___________________________________________________________________________________________________________________________________|
1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
|Transaction| or Disposed of (D) | Securities |ect | Beneficial Ownership |
|Date |Code| | Beneficially |(D)or | |
| | | | A/| | Owned at |Indir | |
| | | Amount | D | Price | End of Year |ect(I)| |
___________________________________________________________________________________________________________________________________|
<S> <C> <C> <C> <C> <C> <C> <C> <C>
___________________________________________________________________________________________________________________________________|
<CAPTION>
___________________________________________________________________________________________________________________________________
Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
___________________________________________________________________________________________________________________________________|
1.Title of Derivative |2.Con |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer |Date |Code| rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise Pr | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|ice of | | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity | | | Amount | |ble | | | |Year |(I)| |
___________________________________________________________________________________________________________________________________|
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Phantom Stock Units |1-for-1 |1/5/9|A |308 |A |1/5/9| |Common Stock|308 | |308 |D | |
| |8 | | | |8 | | | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
Phantom Stock Units |1-for-1 |3/2/9|A |254 |A |3/2/9| |Common Stock|254 | |254 |D | |
| |8 | | | |8 | | | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
Phantom Stock Units |1-for-1 |4/6/9|A |364 |A |4/6/9| |Common Stock|364 | |364 |D | |
| |8 | | | |8 | | | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
Phantom Stock Units |1-for-1 |6/1/9|A |490 |A |6/1/9| |Common Stock|490 | |490 |D | |
| |8 | | | |8 | | | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
Phantom Stock Units |1-for-1 |7/1/9|A |700 |A |7/1/9| |Common Stock|700 | |700 |D | |
| |8 | | | |8 | | | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
Phantom Stock Units |1-for-1 |9/1/9|A |774 |A |9/1/9| |Common Stock|774 | |774 |D | |
| |8 | | | |8 | | | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
Phantom Stock Units |1-for-1 |10/1/|A |800 |A |10/1/| |Common Stock|800 | |800 |D | |
| |98 | | | |98 | | | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
Phantom Stock Units |1-for-1 |12/1/|A |941 |A |12/1/| |Common Stock|941 | |941 |D | |
| |98 | | | |98 | | | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
___________________________________________________________________________________________________________________________________|
</TABLE>
Explanation of Responses:
SIGNATURE OF REPORTING PERSON
/s Bruce M. Jacobson
