UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(Amendment No. 2)
Thomas Nelson, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
640376109
(CUSIP Number)
June 22, 2000
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which
this Schedule is filed:
[ X ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
_____________
*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).
(Bulletin No. 179, 02-06-98)
CUSIP NO. 640376109 13G Page 2 of 5
NAME OF REPORTING PERSON
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Thomas Nelson, Inc. Employee Stock Ownership Plan-Investment
Committee
TEIN #62-0679364
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2
Not applicable (a) [ ]
(b) [ ]
SEC USE ONLY
3
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States of America
SOLE VOTING POWER
5
0
NUMBER OF
SHARES SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY 0
EACH
REPORTING
PERSON
WITH SOLE DISPOSITIVE POWER
7
0
SHARED DISPOSITIVE POWER
8
Plan holds 977,071 shares of Common Stock.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
9 977,071
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10 [ ]
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11 977,071 / 13,144,794 = 7.4331%
TYPE OF REPORTING PERSON*
12 EP
Date: 6/22/2000 Page 3 of 5
Item 1(a) Name of Issuer:
Thomas Nelson, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
501 Nelson Place, Nashville, TN 37214-1000
Item 2(a) Name of Person Filing:
Thomas Nelson, Inc. Employee Stock Ownership Plan-
Investment Committee
Item 2(b) Address of Principal Business Office:
501 Nelson Place, Nashville, TN 37214-1000
Item 2(c) Citizenship:
United States of America
Item 2(d) Title of Class of Securities:
Common Stock
Item 2 (e) CUSIP Number:
640376109
Item 3 If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b) or (c), check whether the person filing is a:
(f) [ X ] An employee benefit plan or endowment fund in
accordance with Rule 13d-1(b)(1)(ii)(F)
Item 4 Ownership
(a) Amount Beneficially Owned:
(See Page 2, No. 9)
(b) Percent of Class:
(See Page 2, No. 11)
(c) Number of shares as to which each person has:
(i) sole power to vote or to direct the vote
(See Page 2, No. 5)
(ii) shared power to vote or to direct the vote
(See Page 2, No. 6)
Date: 6/22/2000 Page 4 of 5
(iii) sole power to dispose or to direct the
disposition of
(See Page 2, No. 7)
(iv) shared power to dispose or to direct the
disposition of
(See Page 2, No. 8)
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable
Item 6. Ownership of More than Five Percent on Behalf of Another
Person.
Not applicable
Item 7. Identification and Classification of the Subsidiary which
Acquired the Security being reported on by the Parent
Holding Company.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
The Investment Committee has the power to direct investment
decisions (other than permitted participant transactions).
The Investment Committee is comprised of Troy Edens,
Executive Director/Finance; Eric Heyden, Vice President and
General Counsel; Rusty Faulks, Human Resource Director; and
Les Hottovy, Tax Director. Individual Committee members
disclaim beneficial ownership of shares held in the Plan.
Item 9. Notice of Dissolution of Group.
Not applicable
Item 10. Certification.
By signing below I certify that, to the best of my
knowledge and belief, the securities referred to above
were not acquired and are not held for the purpose
of or with the effect of changing or influencing the
control of the issuer of the securities and were not
acquired and are not held in connection with or as a
participant in any transaction having that purpose
or effect.
Date: 6/22/2000 Page 5 of 5
SIGNATURE
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.
THOMAS NELSON, INC.
EMPLOYEE STOCK OWNERSHIP
PLAN-INVESTMENT COMMITTEE
BY: /s/ Les Hottovy
--------------------
Les Hottovy, Member
Investment Committee
Dated: June 22, 2000
