UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 1999
Check here if Amendment ( ); Amendment Number:
This Amendment (Check only one.): ( ) is a restatement
( ) adds new holdings entries
Institutional Investment Manager Filing this Report:
Name: Knight, Bain, Seath & Holbrook Capital Management Inc.
Address: 1 Toronto Street, Suite 708
Toronto, Ontario Canada M5C 2V6
The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is true, correct and complete, and
that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of
this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Peter G. Pennal
Title: Vice-President and Secretary/Treasurer
Phone: (416) 863-14333
Signature, Place and Date of Signing:
Peter G. Pennal Toronto, Ontario July 14, 1999
Report Type (Check only one.):
(x) 13F HOLDINGS REPORT
( ) 13F NOTICE
( ) 13F COMBINATION REPORT
List of Other Managers Reporting for this Manager:
NONE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 107
Form 13F Information Table Value Total: $919,182 (x1000)
List of Other Included Managers: NONE
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FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
D ACE LIMITED COM G0070K103 178 6300 SH 6300 6300
D ALASKA AIR GROU COM 011659109 12542 300400 SH 300400 300400
D AMDOCS LTD COM G02602103 796 35000 SH 35000 35000
D AMERN PWR CONVE COM 029066107 14987 744700 SH 744700 744700
D AMERN INTL GROU COM 026874107 13887 118631 SH 118631 118631
D AMGEN INC COM 031162100 17782 292100 SH 292100 292100
D ANTEC CORP COM 03664P105 1712 53400 SH 53400 53400
D APACHE CORP COM 037411105 8529 218700 SH 218700 218700
D BENCKISER COM D0882P103 70 1300 SH 1300 1300
D BERGEN BRUNSWIG COM 083739102 6736 390500 SH 390500 390500
D BIOGEN INC COM 090597105 15988 248600 SH 248600 248600
D BIOMET INC COM 090613100 13189 331800 SH 331800 331800
D BANK NEW YORK I COM 064057102 9289 253200 SH 253200 253200
D CARNIVAL CORP COM 143658102 6460 133200 SH 133200 133200
D CHASE MANHATTAN COM 16161A108 13695 158100 SH 158100 158100
D CHEVRON CORPORA COM 166751107 152 1600 SH 1600 1600
D COASTAL CORP COM 190441105 8964 224100 SH 224100 224100
D COCA-COLA FEMSA COM 191241108 1201 62000 SH 62000 62000
D COGNICASE INC COM 192423101 37746 2305100 SH 2305100 2305100
D COLT TELECOM GR COM 196877104 2859 33100 SH 33100 33100
D COMPANIA DE TEL COM 204449300 495 20000 SH 20000 20000
D COMP BRASIL DE COM 20440T201 841 45000 SH 45000 45000
D COMPUTER HORIZO COM 205908106 5834 422400 SH 422400 422400
D CORNING INCORPO COM 219350105 16753 238900 SH 238900 238900
D COSTCO COMPANIE COM 22160Q102 10800 134900 SH 134900 134900
D CREE RESH INC COM 225447101 5293 68800 SH 68800 68800
D DAYTON HUDSON C COM 239753106 14073 216500 SH 216500 216500
D DELTA AIR LINES COM 247361108 8131 141100 SH 141100 141100
D DOLLAR THRIFTY COM 256743105 14492 623300 SH 623300 623300
D ECI TELECOM LTD COM 268258100 531 16000 SH 16000 16000
D ELSEVIER N V COM 290259100 232 9800 SH 9800 9800
D ERICSSON L M TE COM 294821400 17622 535000 SH 535000 535000
D GANNETT INC DEL COM 364730101 5946 83300 SH 83300 83300
D GENESIS MICROCH COM 371933102 25080 1061600 SH 1061600 1061600
D GILAT SATELLITE COM M51474100 2625 50000 SH 50000 50000
D GLOBAL TELESYST COM 37936U104 9169 113200 SH 113200 113200
D GRUPO TELEVISA COM 40049J206 1568 35000 SH 35000 35000
D GST TELECOMMUN COM 361942105 30648 2324000 SH 2324000 2324000
D GULFSTREAM AERO COM 402734107 7986 118200 SH 118200 118200
D HARMONIC LIGHTW COM 413160102 3113 54200 SH 54200 54200
D HELLENIC TELECO COM 423325307 443 40000 SH 40000 40000
D HOME DEPOT INC COM 437076102 25537 396300 SH 396300 396300
D HOUSEHOLD INTL COM 441815107 1791 37800 SH 37800 37800
D IBM COM 459200101 12602 97500 SH 97500 97500
D INCO LTD BND CV 453258AH8 15 16000 SH 16000 16000
D INKTOMI CORP COM 457277101 7140 54300 SH 54300 54300
D INTIMATE BRANDS COM 461156101 11083 233940 SH 233940 233940
D JEFFERSON PILOT COM 475070108 7658 115700 SH 115700 115700
D LAFARGE CORP COM 505862102 13838 390500 SH 390500 390500
D LEXMARK INTL GR COM 529771107 23313 352900 SH 352900 352900
D LOUISIANA PAC C COM 546347105 6474 272600 SH 272600 272600
D LOWES CO COM 548661107 13809 243600 SH 243600 243600
D LUCENT TECHNOLO COM 549463107 21277 315500 SH 315500 315500
D MARSH & MCLENNA COM 571748102 7108 94150 SH 94150 94150
D MASTECH CORP COM 57632N105 7616 408900 SH 408900 408900
D MBNA CORP COM 55262L100 9206 300593 SH 300593 300593
D MCI WORLDCOM IN COM 55268B106 20414 237200 SH 237200 237200
D MDSI MOBILE DAT COM 55268N100 2994 185700 SH 185700 185700
D MEDTRONIC INC COM 585055106 6806 87400 SH 87400 87400
D MERCK & CO INC COM 589331107 710 9600 SH 9600 9600
D MILLICOM INTL C COM L6388F102 882 28000 SH 28000 28000
D MRV COMMUNICATI COM 553477100 1463 111500 SH 111500 111500
D NEW YORK TIMES COM 650111107 217 5900 SH 5900 5900
D NOKIA CORP COM 654902204 14018 153100 SH 153100 153100
D OAK INDS INC COM 671400505 8537 195400 SH 195400 195400
D OFFICE DEPOT IN COM 676220106 126 5700 SH 5700 5700
D OPEN TEXT CORP COM 683715106 75 2500 SH 2500 2500
D OPEN TEXT CORP COM 683715106 10680 356000 SH 356000 356000
D OPTICAL COATING COM 683829105 37247 445400 SH 445400 445400
D ORCKIT COMMUN L COM M7531S107 1980 80000 SH 80000 80000
D PETROLEUM GEO-S COM 716597109 1785 120000 SH 120000 120000
D POHANG IRON & S COM 730450103 2858 85000 SH 85000 85000
D QLOGIC CORP COM 747277101 18467 139900 SH 139900 139900
D RADIAN GROUP IN COM 750236101 159 3253 SH 3253 3253
D SAFEWAY INC COM 786514208 17785 359300 SH 359300 359300
D SANTA FE INTL C COM G7805C108 101 4400 SH 4400 4400
D SAPIENT CORP COM 803062108 4581 80900 SH 80900 80900
D SCHERING PLOUGH COM 806605101 14109 266200 SH 266200 266200
D SCHLUMBERGER LT COM 806857108 229 3600 SH 3600 3600
D SDL INC COM 784076101 18010 352700 SH 352700 352700
D SIEBEL SYS INC COM 826170102 630 9500 SH 9500 9500
D SK TELECOM CO L COM 78440P108 425 25000 SH 25000 25000
D SONY CORP COM 835699307 166 1500 SH 1500 1500
D STERIS CORP COM 859152100 8165 421400 SH 421400 421400
D SUN MICROSYSTEM COM 866810104 14250 206900 SH 206900 206900
D SUNGARD DATA SY COM 867363103 7173 207900 SH 207900 207900
D SYLVAN LEARNING COM 871399101 5122 188400 SH 188400 188400
D TAIWAN SEMICOND COM 874039100 1020 30000 SH 30000 30000
D TECK CORP BND CV 878742AB1 44 60000 SH 60000 60000
D TELE DANMARK A/ COM 879242105 41 1600 SH 1600 1600
D TELE NORTE LEST COM 879246106 3174 171000 SH 171000 171000
D TELEPHONE & DAT COM 879433100 19135 261900 SH 261900 261900
D TELESP PARTICIP COM 87952K100 686 30000 SH 30000 30000
D TEXACO INC COM 881694103 16163 258600 SH 258600 258600
D TEXAS INSTRS IN COM 882508104 14268 98400 SH 98400 98400
D TIME WARNER INC COM 887315109 17273 235000 SH 235000 235000
D TUBOS DE ACERO COM 898592506 653 60000 SH 60000 60000
D TYCO INTL LTD COM 902124106 27250 287600 SH 287600 287600
D UNIPHASE CORP COM 909149106 16318 98300 SH 98300 98300
D UNITED TECHNOLO COM 913017109 17671 246500 SH 246500 246500
D VINA CONCHA Y T COM 927191106 1296 36000 SH 36000 36000
D WALGREEN CO COM 931422109 7670 261100 SH 261100 261100
D WAL MART STORES COM 931142103 222 4600 SH 4600 4600
D WELLPOINT HLTH COM 94973H108 10643 125400 SH 125400 125400
D WESCAST INDUSTR COM 950813105 4035 136500 SH 136500 136500
D WILEY JOHN & SO COM 968223206 4501 255400 SH 255400 255400
D WPP GROUP PLC COM 929309300 51 600 SH 600 600
S REPORT SUMMARY 107 DATA RECORDS 919182 0 OTHER MANAGERS ON THOSE BEHALF REPORT IS FILED
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