UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 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: Principal Life Insurance Company
Address: 711 High Street
Des Moines, IA 50392
13F File Number: 28-793
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: Michael Roughton
Title: Counsel
Phone: 515-248-3842
Signature, Place, and Date of Signing:
Michael Roughton Des Moines, Iowa May 12, 1999
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
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: 54
Form 13F Information Table Value Total: $83,403
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FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
APARTMENT INVT &MGMT -CL A COM 03748R10 1883 51950 SH DEFINED 1883
ARDEN REALTY INC COM 03979310 1798 80800 SH DEFINED 1798
ARCHSTONE COMMUNITYS TR COM 03958110 2584 128400 SH DEFINED 2584
AVALONBAY COMMUNITIES INC COM 05348410 4268 133902 SH DEFINED 4268
BURNHAM PACIFIC PPTY INC COM 12232C10 1089 105000 SH DEFINED 1089
BRE PROPERTIES -CL A COM 05564E10 699 30900 SH DEFINED 699
BRADLEY REAL ESTATE INC COM 10458010 1964 109900 SH DEFINED 1964
BOSTON PROPERTIES INC COM 10112110 332 10500 SH DEFINED 332
CBL & ASSOCIATES PPTYS INC COM 12483010 1665 71600 SH DEFINED 1665
CHELSEA GCA REALTY INC COM 16326210 362 13000 SH DEFINED 362
MACK CALI REALTY CORP COM 55448910 2147 73100 SH DEFINED 2147
CENTERPOINT PROPERTIES TRUST COM 15189510 1150 36800 SH DEFINED 1150
CARRAMERICA REALTY CORP COM 14441810 2383 108000 SH DEFINED 2383
CABOT INDUSTRIAL TRUST COM 12707210 2307 122200 SH DEFINED 2307
DUKE REALTY INVESTMENTS INC COM 26441150 1355 63000 SH DEFINED 1355
EQUITY OFFICE PROPERTIES TR COM 29474110 1936 76300 SH DEFINED 1936
EQUITY RESIDENTIAL PPTYS TR COM 29476L10 4340 105200 SH DEFINED 4340
FELCOR LODGING TR INC COM 31430F10 339 14600 SH DEFINED 339
FIRST INDL REALTY TRUST INC COM 32054K10 1580 66000 SH DEFINED 1580
FEDERAL REALTY INVS TRUST COM 31374720 3375 159300 SH DEFINED 3375
GABLES RESIDENTIAL TRUST COM 36241810 1494 68100 SH DEFINED 1494
GENERAL GROWTH PPTYS INC COM 37002110 662 20400 SH DEFINED 662
GREAT LAKES REIT INC COM 39075210 1543 106400 SH DEFINED 1543
HIGHWOODS PROPERTIES INC COM 43128410 2481 105300 SH DEFINED 2481
HOST MARRIOTT CORP COM 44107P10 568 51089 SH DEFINED 568
IRVINE APARTMENT COMMUNITIES COM 46360610 6013 182900 SH DEFINED 6013
KILROY REALTY CORP COM 49427F10 1644 80200 SH DEFINED 1644
MANUFACTURED HOME CMNTYS INC COM 56468210 734 30600 SH DEFINED 734
MERISTAR HOSPITALITY CORP COM 58984Y10 682 37500 SH DEFINED 682
PRIME GROUP REALTY TRUST COM 74158J10 133 10000 SH DEFINED 133
PROLOGIS TRUST COM 74341010 1140 55630 SH DEFINED 1140
PAN PAC RETAIL PPTYS INC COM 69806L10 488 27500 SH DEFINED 488
RECKSON ASSOCS RLTY CORP COM 75621K10 1131 55000 SH DEFINED 1131
ROUSE CO COM 77927310 1509 68000 SH DEFINED 1509
SIMON PROPERTY GROUP INC COM 82880610 4085 148900 SH DEFINED 4085
SPIEKER PROPERTIES INC COM 84849710 2859 81100 SH DEFINED 2859
SUNSTONE HOTEL INVESTORS INC COM 86793310 331 46100 SH DEFINED 331
SUN COMMUNITIES INC COM 86667410 451 14200 SH DEFINED 451
STORAGE USA INC COM 86190710 576 20300 SH DEFINED 576
TOWER REALTY TRUST INC COM 89185E10 1057 55800 SH DEFINED 1057
TRINET CORP REALTY TRUST INC COM 89628710 908 35800 SH DEFINED 908
WALDEN RESIDENTIAL PPTYS INC COM 93121010 1234 70000 SH DEFINED 1234
LITTELFUSE INC COM 537008104 1776 96684 SH DEFINED 1776
GYMBOREE CORP COM 403777105 429 48000 SH DEFINED 429
FURR'S/BISHOP'S INC COM 361115504 3492 3286701 SH DEFINED 3492
UNISOURCE WORLDWIDE INC COM 909208100 95 13440 SH DEFINED 95
CYMER INC COM 232572107 743 37402 SH DEFINED 743
GENERAL COMMUNICATIONS COM 369385109 192 42170 SH DEFINED 192
MCLEODUSA INC COM 582266102 6593 156997 SH DEFINED 6593
EDISON BROTHERS STORES INC COM 280875303 79 794885 SH DEFINED 79
STERIS CORP COM 859152100 470 17688 SH DEFINED 470
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