SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Name of Issuer Conseco Inc.
Title of Class of Securities common
CUSIP Number 208464107
Date of Event Which Requires Filing this Statement
12/31/98
#1 Alex. Brown Investment Management, A Maryland Limited
Partnership
52-1349876
#4 Maryland
#5 3,674,981
#6 0
#7 12,835,169
#8 0
#9 12,856,365
#11 4.1%
#12 PN IA
Item 1.
(a) Conseco, Inc.
(b) 11825 North Pennsylvania Street
P.O. Box 1911
Carmel, Indiana 46032
Item 2.
(a) Alex. Brown Investment Management, a
Maryland Limited Partnership, and a
registered investment advisor.
(b) One South Street
Baltimore, MD 21202
(c) The firm is organized under the laws of
Maryland. The individual general
partner is a citizen of the United
States of America.
(d) Common
(e) 208464107
Item 3.
(a)
(b)
(c)
(d)
X (e)
(f)
(g)
(h)
Item 4.
(a) 12,856,365 shares of common stock
(b) 4.1%
(c)
(i) 3,674,981 shares
(ii) 0 shares
(iii) 12,835,169 shares
(iv) 0 shares
Item 5. X
Item 6. Not Applicable
Item 7. Not Applicable
Item 8. Not Applicable
Item 9. Not applicable
Item 10.
By signing below I certify that, to the best of my
knowledge and belief, the securities referred to
above were acquired in the ordinary course of
business and were not acquired for the purpose of
and do not have the effect of changing or
influencing the control of the issuer of such
securities and were not acquired in connection
with or as a participant in any transaction having
such purpose or effect.
Signature:
After reasonable inquiry and to the best of my
knowledge and belief, I certify that information
set forth in this statement is true, complete and
correct.
ALEX. BROWN INVESTMENT MANAGEMENT
A Maryland Limited Partnership
By:
J. Dorsey Brown, III
Chief Executive Officer
Date: February 12, 1999
