UNITED STATES
SECURITIES AND EXCHANGE
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Quarter Ended: December 31, 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 February 14, 2000
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: 62
Form 13F Information Table Value Total: $238,801
List of Other Included Managers:
No. 13F File Number Name
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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 2824100 1566 43150 SH DEFINED 01 43150
ADC TELECOMMUNICATIONS INC COM 886101 5394 74400 SH DEFINED 01 74400
ALLIED WASTE INDUSTRIES COM 19589308 97 11075 SH DEFINED 01 11075
ALLTEL CORP COM 20039103 8195 99115 SH DEFINED 01 99115
AMERUS LIFE HOLDINGS INC CL A COM 30732101 4025 175000 SH DEFINED 01 175000
ANHEUSER-BUSCH COS COM 35229103 714 10075 SH DEFINED 01 10075
APACHE CORP COM 37411105 1815 50000 SH DEFINED 01 50000
AUTOMATIC DATA PROCESSING COM 53015103 5431 100816 SH DEFINED 01 100816
BARR LABORATORIES INC. COM 68306109 3551 113200 SH DEFINED 01 113200
BAXTER INTERNATIONAL COM 71813109 2562 40800 SH DEFINED 01 40800
BEA SYSTEMS INC COM 73325102 3881 55500 SH DEFINED 01 55500
BURLINGTON NORTHERN COM 12189T104 451 18627 SH DEFINED 01 18627
BURNS INT'L SERVICES CORP COM 122374101 415 38453 SH DEFINED 01 38453
CISCO SYSTEMS INC COM 17275R102 6353 59345 SH DEFINED 01 59345
CITIGROUP INC COM 172967101 8009 143823 SH DEFINED 01 141218
COMPAQ COMPUTER CORP COM 204493100 3248 120022 SH DEFINED 01 120022
CONAGRA INC COM 205887102 3857 170025 SH DEFINED 01 170025
COVAD COMMUNICATIONS GROUP COM 222814204 2196 39260 SH DEFINED 01 39260
CROWN CASTLE INT'L CORP COM 228227104 1240 38607 SH DEFINED 01 38607
CVS CORP COM 126650100 3777 94725 SH DEFINED 01 94725
ENRON CORP COM 293561106 714 16100 SH DEFINED 01 16100
ERICSSON (LM) TELEPHONE AB COM 294821400 9056 138000 SH DEFINED 01 138000
FIRST COMMERCE BANCSHARES INC COM 319777108 366 14374 SH DEFINED 01 14374
FIRST COMMERCE BANCSHARES INC COM 319777207 1776 90248 SH DEFINED 01 90248
FIRST DATA CORP COM 319963104 4395 89129 SH DEFINED 01 89129
FLEET BOSTON CORP COM 339030108 3963 113841 SH DEFINED 01 113841
GAP INC COM 364760108 863 18762 SH DEFINED 01 18762
GENERAL ELECTRIC CO COM 369604103 9859 63710 SH DEFINED 01 63710
GILLETTE COMPANY COM 375766102 2290 55605 SH DEFINED 01 55605
GTE CORP COM 362320103 3245 46000 SH DEFINED 01 46000
HASBRO INC COM 418056107 816 43126 SH DEFINED 01 43126
HEWLETT PACKARD COM 428236103 5848 51350 SH DEFINED 01 51350
IMS HEALTH INC COM 449934108 1862 68500 SH DEFINED 01 68500
INTEL CORP COM 458140100 9891 120265 SH DEFINED 01 120265
JOHNSON & JOHNSON COM 478160104 3681 39475 SH DEFINED 01 39475
JOS A BANK CLOTHIER INC COM 480838101 315 105047 SH DEFINED 01 105047
LEGGETT & PLATT INC COM 524660107 1715 80000 SH DEFINED 01 80000
LEVEL 3 COMMUNICATIONS COM 52729N100 6274 76750 SH DEFINED 01 76750
MANULIFE FINANCIAL CORP COM 56501R106 1268 100000 SH DEFINED 01 100000
MCDONALDS CORP COM 580135101 3973 98579 SH DEFINED 01 98579
MCI WORLDCOM INC COM 55268B106 1428 26916 SH DEFINED 01 26916
MCLEODUSA INC COM 582266102 10102 171621 SH DEFINED 01 171621
MELLON FINANCIAL CORPORATION COM 58551A108 6840 200820 SH DEFINED 01 200820
MICROSOFT CORP COM 594918104 7444 63770 SH DEFINED 01 63770
MIDAMERICAN ENERGY COM 59562V107 4016 119225 SH DEFINED 01 119225
MONSANTO CO COM 611662107 1567 44025 SH DEFINED 01 44025
NOBLE AFFILIATES INC COM 654894104 490 22875 SH DEFINED 01 22875
PEPSICO INC COM 713448108 5348 151725 SH DEFINED 01 151725
POTOMAC ELECTRIC POWER CO PFD 737679209 386 10000 SH DEFINED 01 10000
QWEST COMMUNICATIONS INTL COM 749121109 9379 218148 SH DEFINED 01 218148
ROYAL DUTCH PETE CO N Y REGIST COM 780257804 3854 63650 SH DEFINED 01 63650
SCHERING-PLOUGH CORP COM 806605101 3144 74210 SH DEFINED 01 74210
SPRINT CORP COM 852061100 6961 103416 SH DEFINED 01 103416
SPRINT CORP PCS GRP COM 852061506 1509 14725 SH DEFINED 01 14725
SUN MICROSYSTEMS COM 866810104 5671 73300 SH DEFINED 01 73300
US BANCORP COM 902973106 1792 75264 SH DEFINED 01 75264
VERITAS SOFTWARE CORP COM 923436109 5917 41347 SH DEFINED 01 41347
WALGREEN CO COM 931422109 489 16720 SH DEFINED 01 16720
WAL-MART STORES COM 931142103 11829 171125 SH DEFINED 01 171125
WARNER LAMBERT CO COM 934488107 3341 40781 SH DEFINED 01 40781
WELLS FARGO & CO COM 949746101 3713 91840 SH DEFINED 01 91840
WRIGLEY CO COM 982526105 4634 55875 SH DEFINED 01 55875
COLUMN TOTALS 238801 4776257 4773652
</TABLE>
