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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 UREOMjr+WnCfpHGVtq6IuCQmdVdcmMVNWtyfW+DHmFKamKwsdZpiROwjGWI4+QEP
 m3By3nfdsxmnOseKa43yKw==

<SEC-DOCUMENT>0001209191-07-046922.txt : 20070809
<SEC-HEADER>0001209191-07-046922.hdr.sgml : 20070809
<ACCEPTANCE-DATETIME>20070809075013
ACCESSION NUMBER:		0001209191-07-046922
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070802
FILED AS OF DATE:		20070809
DATE AS OF CHANGE:		20070809

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			KAISER GROUP HOLDINGS INC
		CENTRAL INDEX KEY:			0000856200
		STANDARD INDUSTRIAL CLASSIFICATION:	HAZARDOUS WASTE MANAGEMENT [4955]
		IRS NUMBER:				542014870
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		9300 LEE HIGHWAY
		CITY:			FAIRFAX
		STATE:			VA
		ZIP:			22031
		BUSINESS PHONE:		703 934-3413

	MAIL ADDRESS:	
		STREET 1:		9300 LEE HIGHWAY
		CITY:			FAIRFAX
		STATE:			VA
		ZIP:			22031

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	KAISER GROUP INTERNATIONAL INC
		DATE OF NAME CHANGE:	19991220

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ICF KAISER INTERNATIONAL INC
		DATE OF NAME CHANGE:	19930811

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ICF INTERNATIONAL INC
		DATE OF NAME CHANGE:	19920703

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			BENNETT JAMES D
		CENTRAL INDEX KEY:			0001027829

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12248
		FILM NUMBER:		071037789

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		2033533101

	MAIL ADDRESS:	
		STREET 1:		C/O BENNETT MANAGEMENT CORP
		STREET 2:		2 STAMFORD PLZ STE 1501 281 TRESSER BLVD
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06901
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>bny38220_bny1jdb.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2007-08-02</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0000856200</issuerCik>
        <issuerName>KAISER GROUP HOLDINGS INC</issuerName>
        <issuerTradingSymbol>KGHI</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001027829</rptOwnerCik>
            <rptOwnerName>BENNETT JAMES D</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O BENNETT MANAGEMENT CORP</rptOwnerStreet1>
            <rptOwnerStreet2>2 STAMFORD PLZ STE 1501 281 TRESSER BLVD</rptOwnerStreet2>
            <rptOwnerCity>STAMFORD</rptOwnerCity>
            <rptOwnerState>CT</rptOwnerState>
            <rptOwnerZipCode>06901</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Shares</value>
            </securityTitle>
            <transactionDate>
                <value>2007-08-02</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>200000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>29.50</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Please see footnote</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">Shares held in accounts of various entities over which the Reporting Person exercises investment discretion as the principal of a General Partner or Investment Manager.</footnote>
    </footnotes>

    <remarks>***The Reporting Person disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest
therein.</remarks>

    <ownerSignature>
        <signatureName>/s/ James D. Bennett***</signatureName>
        <signatureDate>2007-08-09</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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