<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FIRST QUARTER 1999 10-Q OF BUILDING MATERIALS CORPORATION OF AMERICA AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0000927314 <NAME> BUILDING MATERIALS CORPORATION OF AMERICA <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1999 <PERIOD-END> APR-04-1999 <CASH> 18,570 <SECURITIES> 152,914 <RECEIVABLES> 29,712 <ALLOWANCES> 0 <INVENTORY> 114,904 <CURRENT-ASSETS> 437,423 <PP&E> 322,551 <DEPRECIATION> 0 <TOTAL-ASSETS> 909,027 <CURRENT-LIABILITIES> 185,679 <BONDS> 626,778 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1 <OTHER-SE> 45,759 <TOTAL-LIABILITY-AND-EQUITY> 909,027 <SALES> 262,928 <TOTAL-REVENUES> 262,928 <CGS> 192,082 <TOTAL-COSTS> 192,082 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 11,834 <INCOME-PRETAX> 1,718 <INCOME-TAX> 636 <INCOME-CONTINUING> 1,082 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,082 <EPS-PRIMARY> 0 <EPS-DILUTED> 0