UNITED STATES
SECURITIES AND EXCHANGE
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Quarter Ended: June 30, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Ameritas Life Insurance Corp.
Address: 5900 "O" Street
Lincoln, NE 68510
13F File Number: 28-6724
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is
authorized to submit it, that all information contained herein is true, correct
and complete, and that it is understood that all required items,
statements, schedules, lists, and tables are considered integral parts of this
form.
Person Signing this Report on Behalf of Reporting Manager:
Name: William W. Lester
Title: Senior Vice President - Investments and Treasurer
Phone: 402-467-6959
Signature, Place, and Date of Signing:
William W. Lester Lincoln, Nebraska August 12, 1999
Report Type (Check only one.):
[ x ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager: None
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT
OF 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 76
Form 13F Information Table Value Total: $206,099
List of Other Included Managers:
No. 13F File Number Name
<PAGE>
FORM 13F INFORMATION TABLE
<TABLE>
<CAPTION>
TITLE OF VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- -------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ABBOTT LABORATORIES COM 002824100 3721 82000 SH DEFINED 01 82000
ADC TELECOMMUNICATIONS, INC COM 000886101 1553 34125 SH DEFINED 01 34125
ALCOA INC COM 013817101 527 8525 SH DEFINED 01 8525
ALIANT COMMUNICATIONS INC COM 016090102 3713 80379 SH DEFINED 01 80379
ALLIED WASTE INDUSTRIES COM 019589308 1546 78275 SH DEFINED 01 78275
ALLTEL CORP COM 020039103 3236 45262 SH DEFINED 01 45262
AMERICAN HOME PRODUCTS COM 026609107 1876 32700 SH DEFINED 01 32700
AMERUS LIFE HOLDINGS INC CL A COM 030732101 4725 175000 SH DEFINED 01 175000
AMR CORP COM 001765106 1638 23996 SH DEFINED 01 23996
ANHEUSER-BUSCH COS COM 035229103 773 10900 SH DEFINED 01 10900
APACHE CORP COM 037411105 2925 75000 SH DEFINED 01 75000
AUTOMATIC DATA PROCESSING INC COM 053015103 4478 101766 SH DEFINED 01 101766
BAKER HUGHES INC COM 057224107 552 16475 SH DEFINED 01 16475
BANK ONE CORP COM 06423A103 2106 35355 SH DEFINED 01 35355
BAXTER INTERNATIONAL INC COM 071813109 4265 70350 SH DEFINED 01 70350
BERKSHIRE HATHAWAY A COM 084670108 207 3 SH DEFINED 01 3
BURLINGTON NORTHERN SANTA FE COM 12189T104 3500 112902 SH DEFINED 01 112902
CALVERT COM 131582207 443 25939 SH DEFINED 01 25939
CISCO SYSTEMS INC COM 17275R102 968 15018 SH DEFINED 01 15018
CITIGROUP INC COM 172967101 6205 130628 SH DEFINED 01 130628
COMPAQ COMPUTER CORP COM 204493100 3958 167443 SH DEFINED 01 167443
CONAGRA INC COM 205887102 4634 174050 SH DEFINED 01 174050
CVS CORP COM 126650100 3460 68175 SH DEFINED 01 68175
DELTA & PINE LD CO COM 247357106 548 17389 SH DEFINED 01 17389
DUFF & PHELPS COM 264324104 106 10000 SH DEFINED 01 10000
ENRON CORP COM 293561106 707 8650 SH DEFINED 01 8650
ERICSSON (LM) TELEPHONE AB COM 294821400 4578 139250 SH DEFINED 01 139250
FANNIE MAE COM 313586109 229 3350 SH DEFINED 01 3350
FIRST COMMERCE BANCSHARES INC COM 319777108 357 14374 SH DEFINED 01 14374
FIRST COMMERCE BANCSHARES INC COM 319777207 2149 90248 SH DEFINED 01 90248
FIRST DATA CORP COM 319963104 4352 88929 SH DEFINED 01 88929
FLEET FINANCIAL GROUP INC COM 338915101 4907 110591 SH DEFINED 01 110591
GANNETT COMPANY COM 364730101 550 7700 SH DEFINED 01 7700
GAP INC COM 364760108 992 19691 SH DEFINED 01 19691
GENERAL ELECTRIC CO COM 369604103 6749 59725 SH DEFINED 01 59725
GILLETTE COMPANY COM 375766102 2613 63730 SH DEFINED 01 63730
GTE CORP COM 362320103 3473 46000 SH DEFINED 01 46000
HASBRO INC COM 418056107 1400 50111 SH DEFINED 01 50111
IMS HEALTH INC COM 449934108 4069 130200 SH DEFINED 01 130200
INFINITY BROADCASTING CORP COM 45662S102 591 20000 SH DEFINED 01 20000
INTEL CORP COM 458140100 7184 120865 SH DEFINED 01 120865
KANSAS CITY SOUTHERN COM 485170104 380 5950 SH DEFINED 01 5950
LEGGETT & PLATT INC COM 524660107 4043 145375 SH DEFINED 01 145375
LEVEL 3 COMMUNICATIONS COM 52729N100 3915 65050 SH DEFINED 01 65050
LOCKHEED MARTIN CORPORATION COM 539830109 2092 56148 SH DEFINED 01 56148
MATTEL INC COM 577081102 4460 170719 SH DEFINED 01 170719
MCDONALDS CORP COM 580135101 4123 100254 SH DEFINED 01 100254
MCI WORLDCOM INC COM 55268B106 1584 18416 SH DEFINED 01 18416
MCLEODUSA INC COM 582266102 4813 87698 SH DEFINED 01 87698
MELLON BANK CORPORATION COM 585509102 7306 200820 SH DEFINED 01 200820
MICROSOFT CORP COM 594918104 5682 63050 SH DEFINED 01 63050
MONSANTO CO COM 611662107 1944 49125 SH DEFINED 01 49125
MORGAN STANLEY COM 61744J416 6478 527091 SH DEFINED 01 527091
NEUBERGER & BERMAN COM 641224209 340 13691 SH DEFINED 01 13691
NOBLE AFFILIATES INC COM 654894104 609 21600 SH DEFINED 01 21600
PENTAIR INC COM 709631105 3130 68425 SH DEFINED 01 68425
PEPSICO INC COM 713448108 5780 149400 SH DEFINED 01 149400
PFIZER INC COM 717081103 803 7365 SH DEFINED 01 7365
QWEST COMMUNICATIONS INTL COM 749121109 3987 120598 SH DEFINED 01 120598
REINSURANCE GROUP OF AMERICA COM 759351208 1839 54860 SH DEFINED 01 54860
SCHERING-PLOUGH CORP COM 806605101 841 16025 SH DEFINED 01 16025
SITEL CORP COM 82980K107 51 17500 SH DEFINED 01 17500
SPRINT FON GROUP COM 852061506 988 17336 SH DEFINED 01 17336
SPRINT FON GROUP COM 852061100 3682 69466 SH DEFINED 01 69466
T ROWE PRICE COM 779552108 1675 45089 SH DEFINED 01 45089
TYCO INTERNATIONAL INC COM 902124106 2928 30900 SH DEFINED 01 30900
UNITED HEALTHCARE CORP COM 910581107 2179 34800 SH DEFINED 01 34800
US BANCORP COM 902973106 2512 75264 SH DEFINED 01 75264
VERITAS SOFTWARE CORP COM 923436109 949 10000 SH DEFINED 01 10000
WAL-MART STORES INC COM 931142103 8398 174050 SH DEFINED 01 174050
WALGREEN CO COM 931422109 579 19720 SH DEFINED 01 19720
WARNER-LAMBERT CO COM 934488107 2828 40881 SH DEFINED 01 40881
WELLS FARGO COMPANY COM 949746101 4048 94690 SH DEFINED 01 94690
WESLEY JESSEN VISIONCARE INC COM 951018100 485 15200 SH DEFINED 01 15200
WOLVERINE WORLD WIDE INC COM 978097103 900 64275 SH DEFINED 01 64275
Wrigley (Wm.) Jr Co COM 982526105 3186 35500 SH DEFINED 01 35500
COLUMN TOTALS 206099 5251399 5251399
</TABLE>
