UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
1. Name and address of issuer:
MBL Variable Contract Account-12
520 Broad Street
Newark, New Jersey 07102
2. The name of each series or class of securities for
which this Form is filed (If the Form is being filed
for all series and classes of securities of the issuer,
check the box but do not list series of classes): [X]
3. Investment Company Act File Number: 811-5849
Securities Act File Number: 33-30055
4(a). Last day of fiscal year for which this Form is filed:
December 31, 1998
4(b). [ ] Check box if this Form is being filed late
(i.e., more than 90 calendar days after the end of the
issuer's fiscal year). (See Instruction A.2)
Note: If the Form is being filed late, interest must be paid on
the registration fee due.
4(c). [ ] Check box if this is the last time the issuer will
be filing this Form.
5. Calculation of registration fee:
(i) Aggregate sale price of securities
sold during the fiscal year pursuant
to section 24(f): $145,151
(ii) Aggregate price of securities redeemed
or repurchased during the fiscal year: $124,618
(iii) Aggregate price of securities redeemed
or repurchased during any prior fiscal
year ending no earlier than October 11,
1995 that were not previously used to
reduce registration fees payable to
the Commission: $ 18,718
(iv) Total available redemption credits
[add items 5(ii) and 5(iii): -$143,336
(v) Net sales - if Item 5(i) is greater
than Item 5(iv) [subtract Item 5(iv)
from Item 5(i)]: $ 1,815
(vi) Redemption credits available for use
in future years - if Item 5(i) is less
than Item 5 (iv) [subtract Item 5(iv)
from Item 5(i)]: $ 0
(vii) Multiplier for determining registration
fee (See Instruction C.9): x.000278
(viii) Registration fee due [multiply Item
5(v) by Item 5(vii)] (enter "0" if no
fee is due): =$ .50
6. Prepaid Shares
If the response to item, 5(i) was determined by deducting an
amount of securities that were registered under the
Securities Act of 1933 pursuant to rule 24e-2 as in effect
before [effective date of rescission of rule 24e-2], then
report the amount of securities (number of shares or other
units) deducted here: ____. If there is a number of shares
or other units that were registered pursuant to rule 24e-2
remaining unsold at the end of the fiscal year for which
this form is filed that are available for use by the issuer
in future fiscal years, then state that number here:
_____.
7. Interest due - if this Form is being filed more
than 90 days after the end of the issuer's fiscal
year(see Instruction D):
+$ 0
8. Total of the amount of the registration fee due
plus any interest due [line 5(viii) plus line 7]:
=$ .50
9. Date the registration fee any interest payment was
sent to the Commission's lockbox depository:
On deposit - CIK 0000853523
Method of Delivery: [ ] Wire Transfer
[X] Mail or other means
SIGNATURES
This report has been signed below by the following persons on
behalf of the issuer and in the capacities and on the dates
indicated.
By (Signature and Title)* ALBERT W. LEIER
Albert W. Leier
Vice President and Controller
Date: March 24, 1999
