UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 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: International Specialty Products Inc.
Address: 300 Delaware Avenue
Wilmington, Delaware 19801
Form 13F File Number: 28-5874
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: Richard A. Weinberg
Title: Executive Vice President and General Counsel
Phone: 973-628-3520
Signature, Place, and Date of Signing:
/s/ Richard A. Weinberg Wayne, New Jersey May 13, 1999
- ----------------------------- ----------------- ------------
[Signature] [City, State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and
all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
<PAGE>
FORM 13F SUMMARY PAGE
REPORT SUMMARY:
Number of Other Included Managers: 7
Form 13F Information Table Entry Total: 19
Form 13F Information Table Value Total: $268,872
(thousands)
Confidential information has been omitted and filed with the Commission in
accordance with Rule 24b-2 and Form 13F.
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
No. Form 13F File Number Name
- --- -------------------- ----
1 28-5328 Building Materials Corporation
of America
2 Not assigned Building Materials Investment
Corporation
3 28-2655 G Industries Corp.
4 28-2656 G-I Holdings Inc.
5 28-5326 GAF Building Materials Corporation
6 28-2521 GAF Corporation
7 28-7274 ISP Opco Holdings Inc.
2
<PAGE>
NAME OF REPORTING PERSON: INTERNATIONAL SPECIALTY PRODUCTS INC.
<TABLE>
<CAPTION>
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
Title Shares
Of Value or Investment Other Voting Authority
Name of Issuer Class CUSIP (x $1,000) Prin Amt Discretion Managers Sole Shared None
- -------------- ----- ----- ---------- -------- ---------- -------- ---- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Alcatel COM 013904305 1,274 55,857 SH DEFINED 7 55,857
Arcadia Financial COM 039101100 1,250 263,260 SH DEFINED 7 263,260
Calgon Carbon Corp COM 129603106 150 28,935 SH DEFINED 7 28,935
Delta Pine Land COM 247357106 7,877 256,164 SH DEFINED 7 256,164
Dexter Corp COM 252165105 36,301 1,152,400 SH DEFINED 7 1,152,400
Life Technologies COM 532177201 135,211 3,506,270 SH DEFINED 7 3,506,270
Safety Kleen COM 78648R104 3,615 272,841 SH DEFINED 7 272,841
Sealed Air Convertible PRE 81211K209 8,191 165,473 SH DEFINED 7 165,473
Starwood Hotels & Resorts COM 855905204 21,712 760,172 SH DEFINED 7 760,172
W.R. Grace COM 38388F108 3,987 328,845 SH DEFINED 7 328,845
Alcatel COM 013904305 316 13,831 SH DEFINED 1,2,3,4,5,6,7 13,831
Arcadia Financial COM 039101100 389 81,870 SH DEFINED 1,2,3,4,5,6,7 81,870
Calgon Carbon Corp COM 129603106 50 9,640 SH DEFINED 1,2,3,4,5,6,7 9,640
Delta Pine Land COM 247357106 8,850 287,808 SH DEFINED 1,2,3,4,5,6,7 287,808
Northrop Grumman COM 666807102 3,499 58,440 SH DEFINED 1,2,3,4,5,6,7 58,440
Safety Kleen COM 78648R104 363 27,375 SH DEFINED 1,2,3,4,5,6,7 27,375
Sealed Air Convertible PRE 81211K209 8,576 173,247 SH DEFINED 1,2,3,4,5,6,7 173,247
Starwood Hotels & Resorts COM 855905204 23,273 814,812 SH DEFINED 1,2,3,4,5,6,7 814,812
W.R. Grace COM 38388F108 3,988 328,915 SH DEFINED 1,2,3,4,5,6,7 328,915
Column Total 268,872
============
</TABLE>
