UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
1. Name and Address of Reporting Person
Foley, II, William P.
7408 Hollister Avenue
Santa Barbara, CA 93117
2. Date of Event Requiring Statement (Month/Day/Year)
10/28/98
3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)
4. Issuer Name and Ticker or Trading Symbol
Miravant Medical Technologies (MRVT)
5. Relationship of Reporting Person to Issuer (Check all applicable)
[X] Director [ ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
Chief Executive Officer
6. If Amendment, Date of Original (Month/Day/Year)
7. Individual or Joint/Group Filing (Check Applicable Line)
[X] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
Table I Non-Derivative Securities Beneficially Owned
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1)Title of Security 2)Amount of 3) 4)Nature of
Securities D Indirect
Beneficially or Beneficial
Owned I Ownership
- -----------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Common Stock 10,000 D Direct
Common Stock 215,000 I by Corporation
(1)
Common Stock 2,000 I by Daughter (2)
Common Stock 2,000 I by Son (2)
Common Stock 1,500 I by Spouse
<CAPTION>
Table II Derivative Securitites Beneficially Owned
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1)Title of Derivative Security 2)Date Exercisable 3)Title and Amount of 4)Conver- 5)Ownership 6)Nature of
and Expiration Date Securities Underlying sion or Form of Indirect
(Month/Day/Year) Derivative Security exercise Derivative Beneficial
price of Security Ownership
Date Expira- Amount or Deri- Direct(D)
Exer- tion Number of vative or
cisable Date Title Shares Security Indirect(I)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Non-Qualified Stock Option 01/28/99 10/28/08 Common Stock 50,000 $12.0000 D Direct
(right to buy) (3)
<FN>
Explanation of Responses:
(1)
Owned by Fidelity National Financial, Inc., of which Mr. William P. Foley, II is Chairman and Chief Executive Officer, but disclaims
beneficial ownership.
(2)
Securities are held by the dependent children of William P. Foley, II, as such Mr. Foley disclaims beneficial ownership.
(3)
Options vest ratably and quarterly over a four year period commencing on date indicated when the first 6.25% vests and becomes
exercisable.
</FN>
</TABLE>
SIGNATURE OF REPORTING PERSON
/S/ Foley, II, William P. November 9, 1998
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DATE
