<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
UOL Publishing, Inc.
________________________________________________________________________________
(Name of Issuer)
Common Stock
________________________________________________________________________________
(Title of Class of Securities)
903196103
________________________________________________________________________________
(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
<PAGE> 2
CUSIP Number 903196103
Page 2 of 4
________________________________________________________________________________
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Narasimhan P. Kannan
________________________________________________________________________________
2. Check the Appropriate Box if a Member of a Group
(See Instructions)
Not Applicable
________________________________________________________________________________
3. SEC Use Only
________________________________________________________________________________
4. Citizenship or Place of Organization
United States
________________________________________________________________________________
5. Sole Voting Power
Number of 67,980
Shares __________________________________________________
Beneficially 6. Shared Voting Power
Owned By 176,092
Each __________________________________________________
Reporting 7. Sole Dispositive Power
Person
With 67,980
__________________________________________________
8. Shared Dispositive Power
176,092
________________________________________________________________________________
9. Aggregate Amount Beneficially Owned by Each
Reporting Person
244,072
________________________________________________________________________________
10. Check if the Aggregate Amount in Row (9) Excludes
Certain Shares (See Instructions)
Not Applicable
________________________________________________________________________________
11. Percent of Class Represented by Amount in Row (9)
6.5
________________________________________________________________________________
12. Type of Reporting Person (See Instructions)
IN
<PAGE> 3
Page 3 of 4
Item 1. Issuer
(a) UOL Publishing, Inc.
(b) 8251 Greensboro Drive, Suite 500
McLean, Virginia 22102
Item 2. Person Filing
(a) Narasimhan P. Kannan
(b) UOL Publishing, Inc.
8251 Greensboro Drive, Suite 500
McLean, Virginia 22102
(c) See Row (4) on Page 2
(d) See Cover Page
(e) See Cover Page
Item 3. Filing Pursuant to Rules 13d-1(b) or 13d-2(b)
Not Applicable
Item 4. Ownership
(a) See Row (9) on Page 2
(b) See Row (11) on Page 2
(c) See Rows (5)-(8) on Page 2. All 67,980 shares as to which
Mr. Kannan has sole voting power and sole dispositive power are
issuable pursuant to currently exercisable warrants. As to the
176,092 shares as to which Mr. Kannan shares voting and
dispositive power, 4,000 of such shares are held by a limited
partnership as to which Mr. Kannan and his wife, Leslie Kannan are
general partners. The remaining 172,092 shares are held by two
trusts of which Mr. Kannan and his wife are co-trustees.
Item 5. Ownership of Five Percent or Less of a Class
Not Applicable
Item 6. Ownership of More than Five Percent on Behalf of
Another Person
Not Applicable
Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on By the
Parent Holding Company
Not Applicable
Item 8. Identification and Classification of Members of the
Group
Not Applicable
Item 9. Notice of Dissolution of Group
Not Applicable
Item 10. Certification
Not Applicable
<PAGE> 4
Page 4 of 4
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete and correct.
February 13, 1998
Date
/s/ Narasimhan P. Kannan
Signature
Narasimhan P. Kannan
Name/Title
