UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
SCHEDULE 13-G\A
Under the Securities Exchange Act of 1934
(Amendment No. 20)
Name of Issuer: MEREDITH CORPORATION
Title of Class of Securities: CLASS B COMMON STOCK,
PAR VALUE $1.00 PER SHARE
CUSIP Number: 589433200
Check the following box if a fee is being paid with this statement [ ]. (A fee
is not required only if the filing person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
CUSIP No. 589433200 13G
1. NAME OF REPORTING PERSON: Frederick B. Henry
S.S. IDENTIFICATION NO. OF ABOVE PERSON: ###-##-####
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION: U.S.A.
NUMBER OF 5. SOLE VOTING POWER: 59,992
SHARES
BENEFICIALLY 6. SHARED VOTING POWER: 887,825
OWNED BY
EACH 7. SOLE DISPOSITIVE POWER: 59,992
REPORTING
PERSON 8. SHARED DISPOSITIVE POWER: 887,825
WITH
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
947,817
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:
[ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 8%
12. TYPE OF REPORTING PERSON: IN
Item 1 (a) Meredith Corporation
(b) 1716 Locust Street, Des Moines, IA 50309-3023
Item 2 (a) Frederick B. Henry
(b) 120 Wooster Street, 4th Floor
New York, NY 10012-1657
(c) The person filing this statement is
a citizen of the United States
(d) Class B Stock
(e) 589433200
Item 3 Not applicable
Item 4 The information furnished herein is as of
December 31, 1998
(a) Amount beneficially owned: 947,817
(b) Percent of class: 8%
(c) Number of shares as to which such person has
(i) Sole power to vote or to direct
the vote: 59,992
(ii) Shared power to vote or to direct
the vote: 887,825
(iii) Sole power to dispose or to direct
the disposition of: 59,992
(iv) Shared power to dispose or to direct
the disposition of: 887,825
Item 5 Not applicable
Item 6 Other persons, including Norwest Bank Iowa, N.A., Des Moines,
Iowa, and Bankers Trust Company, Des Moines, Iowa, have the
right to receive or the power to direct the receipt of dividends
from, or the proceeds from the sale of, the shares of Meredith
Corporation stock referred to above.
Item 7 Not applicable
Item 8 Not applicable
Item 9 Not applicable
<PAGE>
Item 10 Not applicable
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
Dated: February 4, 1999
________________________
John S. Zieser
Attorney-in-Fact for:
Frederick B. Henry
Director
