DAI ICHI LIFE ASSET MANAGEMENT CO LTD
13F-NT, 1999-05-17
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                                  UNITED STATES
                       SECURITIES AND EXCHANCE COMMISSION
                             Washington, D.C. 20549

                                    Form 13F

                               Form 13F COVER PAGE

Report for the Calendar Year or Quarter Ended:  03/31/99

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:             The Dai-Ichi Life Asset Management Co., Ltd.
Address:          Kokusai Bldg, 9th Floor 
                  1-1 Marunouchi 3-Chome, Chiyoda-ku Tokyo Japan 100
 

Form 13F File Number:   28-_______________

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:             Hirakazu Tenma
Title:            Executive Vice-President
Phone:            81-3-3216-0124
 

Signature, Place, and Date of Signing:

/s/ Hirakazu Tenma               Chiyoda-ku Tokyo, Japan         May 14th, 1999
- - - - - - - - - - - - - ------------------------
 [Signature]                     [City, State]                      [Date]

Report Type (Check only one.):

[ ]  13F HOLDINGS REPORT.  (Check here if all holdings of this reporting manager
         are reported in this report.)

[X]  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).)

List of Other Managers Reporting for this Manager:

Form 13F File Number         Name

28-6348                      The Dai-Ichi Mutual Life Insurance Company



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