REPORTING-MANAGER
NAME KNIGHT, BAIN, SEATH & HOLBROOK CAPITAL MANAGEMENT INC.
STREET1 1 TORONTO STREET, SUITE 708
CITY TORONTO
STATE A6
ZIP M5C 2V6
SIGNATURE
NAME PETER GEORGE PENNAL
DATE 05/13/1999
CITY TORONTO
STATE A6
SUBMITTING-OFFICIAL
NAME PETER GEORGE PENNAL
TITLE SECRETARY/TREASURER
PHONE 416-863-1433
DESCRIPTION FORM 13F - 03/31/1999
I REPRESENT THAT I AM AUTHORIZED TO SUBMIT THIS FORM AND THAT ALL INFORMATION
IN THIS FORM AND THE ATTACHMENTS TO IT IS TRUE, CORRECT AND COMPLETE AND I
UNDERSTAND THAT ALL REQUIRED ITEMS, STATEMENTS AND SCHEDULES ARE INTEGRAL
PARTS OF THIS FORM AND THAT THE SUBMISSION OF ANY AMENDMENT REPRESENTS THAT
ALL UNAMENDED ITEMS, STATEMENTS AND SCHEDULES REMAIN TRUE, CORRECT AND
COMPELTE AS PREVIOUSLY SUBMITTED.
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
<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
<S> <C> <C> <C> <C> <C> <C> <C>
D AMR CORP COM 001765106 2401 41000 SH 41000 41000
D ALASKA AIR GROUP INC COM 011659109 10863 228700 SH 228700 228700
D AMERICAN INTL GROUP INC COM 026874107 4928 40858 SH 40858 40858
D AMERICAN PWR CONVERSN COM 029066107 3742 138600 SH 138600 138600
D AMGEN INC COM 031162100 6881 91900 SH 91900 91900
D BANK NEW YORK INC COM 064057102 4273 118900 SH 118900 118900
D BERGEN BRUNSWIG CORP COM 083739102 3686 184300 SH 184300 184300
D BIOGEN INC COM 090597105 4870 42600 SH 42600 42600
D BIOMET INC COM 090613100 4252 101400 SH 101400 101400
D CADENCE DESIGN SYSTEM IN COM 127387108 3574 138800 SH 138800 138800
D CHASE MANHATTAN CORP NEW COM 16161A108 4581 56300 SH 56300 56300
D COCA-COLA FEMSA S A DE C COM 191241108 1517 93000 SH 93000 93000
D COGNICASE INC (US) COM 192423101 15375 890900 SH 890900 890900
D COMPANHIA BRASILEIRA DE COM 20440T201 995 68000 SH 68000 68000
D COMPANIA TELECOM CHILE COM 204449300 1178 50000 SH 50000 50000
D COMPUSA INC COM 204932107 2428 346900 SH 346900 346900
D COMPUTER HORIZONS CORP COM 205908106 3185 291200 SH 291200 291200
D CORNING INC COM 219350105 3930 65500 SH 65500 65500
D COSTCO COMPANIES INC COM 22160Q102 4963 54200 SH 54200 54200
D DAYTON HUDSON CORP COM 239753106 6996 105000 SH 105000 105000
D DOLLAR THRIFTY AUTOMOTIV COM 256743105 6600 382600 SH 382600 382600
D ECI TELECOM LTD COM 268258100 875 25000 SH 25000 25000
D E M C CORP MASS COM 268648102 5710 44700 SH 44700 44700
D ELSEVIER N V COM 290259100 150 5000 SH 5000 5000
D ERICSSON L M TEL CO COM 294821400 12740 535000 SH 535000 535000
D FEDERAL HOME LN MTG CORP COM 313400301 4035 70400 SH 70400 70400
D GST TELECOMMUNICATIONS I COM 361942105 21066 1926000 SH 1926000 1926000
D GANNETT INC COM 364730101 2457 39000 SH 39000 39000
D GATEWAY 2000 INC COM 367833100 4559 66500 SH 66500 66500
D GULFSTREAM AEROSPACE COR COM 402734107 2828 65200 SH 65200 65200
D H T E INC COM 403926108 803 262200 SH 262200 262200
D HELLENIC TELECOM ORGANIZ COM 423325307 468 40000 SH 40000 40000
D HOME DEPOT INC COM 437076102 5478 88000 SH 88000 88000
D INCO LTD BND CV 453258AH8 14 16000 SH 16000 16000
D INTEL CORP COM 458140100 7549 63500 SH 63500 63500
D INTIMATE BRANDS INC COM 461156101 4519 93900 SH 93900 93900
D JEFFERSON PILOT CORP COM 475070108 3882 57300 SH 57300 57300
D LAFARGE CORP COM 505862102 4516 161300 SH 161300 161300
D LEXMARK INTL GROUP INC COM 529771107 9621 86000 SH 86000 86000
D LOWES COS INC COM 548661107 5802 95900 SH 95900 95900
D MBNA CORP COM 55262L100 4136 173249 SH 173249 173249
D MCI WORLDCOM INC COM 55268B106 8015 90500 SH 90500 90500
D MARSH & MCLENNAN COS INC COM 571748102 3215 43300 SH 43300 43300
D NEW YORK TIMES CO COM 650111107 3192 112000 SH 112000 112000
D NEXTEL COMMUNICATIONS IN COM 65332V103 3794 103600 SH 103600 103600
D NOKIA CORP COM 654902204 9345 60000 SH 60000 60000
D OFFICE DEPOT INC COM 676220106 2654 70900 SH 70900 70900
D OPTICAL COATING LAB INC COM 683829105 5424 113000 SH 113000 113000
D ORACLE CORP COM 68389X105 5176 196250 SH 196250 196250
D ORBITAL ENGINE LTD COM 685563306 188 88300 SH 88300 88300
D PAYLESS SHOESOURCE INC COM 704379106 2144 46100 SH 46100 46100
D PETROLEUM GEO-SVCS A/S COM 716597109 1830 120000 SH 120000 120000
D QLOGIC CORP COM 747277101 4101 61100 SH 61100 61100
D SAFEWAY INC COM 786514208 6091 118700 SH 118700 118700
D SCHERING PLOUGH CORP COM 806605101 6392 115700 SH 115700 115700
D SOUTHDOWN INC COM 841297104 4569 85100 SH 85100 85100
D STERIS CORP COM 859152100 3597 135100 SH 135100 135100
D SUN MICROSYSTEMS INC COM 866810104 6278 50200 SH 50200 50200
D SUNGARD DATA SYS INC COM 867363103 7796 194900 SH 194900 194900
D SYLVAN LEARNING SYS COM 871399101 3329 121600 SH 121600 121600
D TAIWAN SEMICONDUCTOR MFG COM 874039100 709 30000 SH 30000 30000
D TELE NORTE LESTE PART S COM 879246106 1645 107000 SH 107000 107000
D TELEPHONE & DATA SYS INC COM 879433100 5993 106300 SH 106300 106300
D TELESP PARTICIPACOES S A COM 87952K100 928 45000 SH 45000 45000
D TEXAS INSTRS INC COM 882508104 6362 64100 SH 64100 64100
D TIME WARNER INC COM 887315109 5021 70900 SH 70900 70900
D TRIUMPH GROUP INC NEW COM 896818101 823 35000 SH 35000 35000
D TUBOS DE ACERO DE MEX COM 898592506 810 90000 SH 90000 90000
D TYCO INTL LTD NEW COM 902124106 7591 105800 SH 105800 105800
D UNIPHASE CORP COM 909149106 5411 47000 SH 47000 47000
D UNITED TECHNOLOGIES CORP COM 913017109 5404 39900 SH 39900 39900
D VINA CONCHA Y TORO S A COM 927191106 1557 53000 SH 53000 53000
D WALGREEN CO COM 931422109 4071 144100 SH 144100 144100
D WELLPOINT HEALTH NETWORK COM 94973H108 5163 68100 SH 68100 68100
D WESCAST INDS INC (U.S.) COM 950813105 3890 136500 SH 136500 136500
D YPF SOCIEDAD ANONIMA COM 984245100 1420 45000 SH 45000 45000
D MILLICOM INTL CELLULAR COM L6388F102 1378 53000 SH 53000 53000
D GILAT SATELLITE NETWKS COM M51474100 1800 30000 SH 30000 30000
S REPORT SUMMARY 78 DATA RECORDS 349532 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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