SECURITIES AND EXCHANGE COMMISSION
Washington, DC  20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 12)
Geico Corporation

(Name of Issuer)

Common Stock

(Title of Class of Securities)

361582109

(CUSIP Number)

Check the following box if a fee is being paid with this statement.



(A fee is not required only if the filing person:  (1) has a previous statement 
on file reporting beneficial ownership of more than five percent of the class 
of securities described in Item 1; and (2) has filed no amendment subsequent 
thereto reporting beneficial ownership of five percent or less of such class).  
(See Rule 13d-7).
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 the 
disclosures provided in the prior coverage page.
The information required in 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).
(Continued on following pages(s))
Page 1 of 7 Pages


CUSIP NO.

361582109

13G


1
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
NationsBank Corporation
56-0906609

2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*


(a)







(b)
X





3
SEC USE ONLY


4
CITIZENSHIP OR PLACE OF ORGANIZATION
North Carolina Corporation


5
SOLE VOTING POWER
34,250,000

NUMBER OF SHARES BENEFICIALLYOWNED BY
6
SHARED VOTING POWER
8,105

EACH REPORTING PERSON WITH
7
SOLE DISPOSITIVE POWER
- - -0-


8
SHARED DISPOSITIVE POWER
- - -0-

9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
34,258,105

10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES *


11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
48.3

12
TYPE OF REPORTING PERSON *
HC

*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 7 Pages


CUSIP NO.

361582109

13G


1
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
C&S/Sovran Corporation


2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*


(a)







(b)
X





3
SEC USE ONLY


4
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware Corporation


5
SOLE VOTING POWER
34,250,000

NUMBER OF SHARES BENEFICIALLYOWNED BY
6
SHARED VOTING POWER
8,105

EACH REPORTING PERSON WITH
7
SOLE DISPOSITIVE POWER
- - -0-


8
SHARED DISPOSITIVE POWER
- - -0-

9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
34,258,105

10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES *


11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
48.3

12
TYPE OF REPORTING PERSON *
HC

*SEE INSTRUCTION BEFORE FILLING OUT!
Page 3 of 7 Pages


CUSIP NO.

361582109

13G


1
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
NationsBank of Maryland, N.A.


2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*


(a)







(b)
X





3
SEC USE ONLY


4
CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. National Banking Association


5
SOLE VOTING POWER
34,250,000

NUMBER OF SHARES BENEFICIALLYOWNED BY
6
SHARED VOTING POWER
8,105

EACH REPORTING PERSON WITH
7
SOLE DISPOSITIVE POWER
- - -0-


8
SHARED DISPOSITIVE POWER
- - -0-

9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
34,258,105

10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES *


11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
48.3

12
TYPE OF REPORTING PERSON *
BK

*SEE INSTRUCTION BEFORE FILLING OUT!
Page 4 of 7 Pages

SCHEDULE 13G
Item 1(a)	Name of Issuer:
Geico Corporation
Item 1(b)	Address of Issuer's Principal Executive Offices:
5260 Western Avenue, NW
Washington, DC  20076
Item 2(a)	Name of Person(s) Filing:
(a)	NationsBank Corporation
(b)	C&S/Sovran Corporation
(c)	NationsBank of Maryland, N.A.
Item 2(b)	Address of Principal Business Office or, if none, Residence:
(a)	NationsBank Plaza, Charlotte, North Carolina  28255
(b)	35 Broad Street, Atlanta, GA 30303 and
One Commercial Place, Norfolk, VA 23510
(c)	6610 Rockledge Drive, Bethesda, Maryland  20817
Item 2(c)	Citizenship:
(a)	North Carolina Corporation
(b)	Delaware Corporation
(c)	U.S. National Banking Association
Item 2(d)	Title of Class of Securities:
Common Stock
Item 2(e)	CUSIP Number:
361582109
Page 5 of 7 Pages

Item 3		If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b), 
check whether the person filing is a:

(a)

Broker or Dealer registered under Section 15 of the Act




(b)
X
Bank as defined in Section 3(a)(6) of the Act




(c)

Insurance Company as defined in Section 3(a)(19) of the Act




(d)

Investment Company registered under Section 8 of the Investment


Company Act


(e)

Investment Advisor registered under Section 203 of the


Investment Advisors Act of 1940


(f)

Employee Benefit Plan, Pension Fund which is subject to the


provisions of the Employees Retirement Income Security Act of


1974 or Endowment Fund; see Sub-section 240.13d-1(b)(1)(ii)(F)


(g)
X
Parent Holding Company in accordance with Sub-section


240.13d-1(b)(ii)(G) (Note:  See Item 7)


(h)
X
Group, in accordance with Sub-section 240.13d-1(b)(1)(ii)(H)


The following entities are holding companies:  NationsBank Corporation 
and C&S/Sovran Corporation
The following entities are banks:  NationsBank of Maryland, N.A.
Item 4		Ownership:
NationsBank of Maryland, N.A. holds an irrevocable proxy to vote 34,250,000 
shares of the common stock of the Issuer.  Of this aggregate amount, National 
Indemnity Company owns 20,162,190 shares (60.2%); National Fire and 
Marine Insurance Company owns 9,494,315 shares (27.7%); Cornhusker 
Casualty Company owns 1,432,870 shares (4.2%); Redwood Fire and 
Casualty Insurance Company owns 1,274,860 shares (3.7%); Columbia 
Insurance Company owns 672,055 shares (2.0%); Cypress Insurance 
Company owns 550,095 shares (1.6%); and National Liability and Fire 
Insurance Company owns 215,015 shares (0.6%).  National Fire and 
Marine Insurance Company and Columbia Insurance Company are wholly 
owned subsidiaries of Berkshire Hathaway, Inc., which also owns 100% of 
National Indemnity Company.  National Indemnity Company owns all of the 
stock of the Cornhusker Casualty Company and National Fire and Marine 
Insurance Company owns all of the stock of Redwood Fire and Casualty 
Company.  Thus, all of the companies having direct ownership of the Issuer's 
common stock are direct or indirect subsidiaries of Berkshire Hathaway, Inc.

The proxy and ownership amount is approximately 48.3% of the Issuer's 
common stock and voting power.
Item 5		Ownership of Five Percent or Less of a Class:
Not Applicable
Page 6 of 7 Pages

Item 6		Ownership of More Than Five Percent on Behalf of Another Person:
As disclosed in Item 4, 34,250,000 shares of common stock are owned by 
subsidiaries of Berkshire Hathaway, Inc., 1440 Kiewit Plaza, Omaha, Nebraska 
68131.  Approximately 43.8% of the stock of Berkshire Hathaway, Inc. is owned 
by Warren E. Buffett, 1440 Kiewit Plaza, Omaha, Nebraska 68131, or by 
members of his family or by certain Trusts which he is the Trustee but in which 
he has no economic interest.
Item 7		Identification and Classification of the Subsidiary Which Acquired 
the Security Being Reported on By the Parent Holding Company:
Pursuant to Rule 13d-1(b)(1)(ii)(G) of the Securities Exchange Act of 1934, 
NationsBank Corporation is filing this Schedule 13G as a parent holding company 
of its subsidiary, C&S/Sovran Corporation, which is a holding company of its 
subsidiary, NationsBank of Maryland, N.A., classifiable under Item 3(b) as a 
Bank as defined in Section 3(a) (6) of the Securities Exchange Act of 1934.
Item 8		Identification and Classification of Members of the Group:
Except for the relationships referred to in Item 7 hereof, the reporting 
entities do not affirm the existence of a group.  This Form is filed on behalf 
of each of the entities listed in Item 2(a) hereof.
Item 9		Notice of Dissolution of Group:
Not Applicable
Item 10		Certification:
By signing below, I certify that, to the best of my knowledge and belief, the 
securities referenced to the above were acquired in the ordinary course of 
business and were not acquired for the purpose of and do not have the effect of 
changing or influencing the control of the issuer of such securities and were 
not acquired in connection with or as a participant in any transaction having 
such purpose or effect.
Signature
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.
NATIONSBANK CORPORATION
C&S/SOVRAN CORPORATION
NATIONSBANK OF MARYLAND, N.A.
Date:

By:





Signature




Mary Jo Inglett/Compliance Officer




Name/Title


Page 7 of 7 Pages