The 1998–99 Alpenliga season was the eight and final season of the multi-national Alpenliga ice hockey league. 16 teams participated in the league, and VEU Feldkirch of Austria won the championship by defeating HC Bozen of Italy in the final. The Alpenliga was replaced by the Interliga for the 1999–00.

Place	Team	GP	W (OTW)	L (OTL)	GF:GA	Pts
1	EC VSV	30	27 (0)	3 (0)	197:71	57
2	EC KAC	30	24 (1)	6 (0)	169:82	48
3	Wiener EV	30	22 (1)	8 (2)	164:89	46
4	VEU Feldkirch	30	23 (1)	7 (0)	154:80	46
5	HC Bozen	30	19 (0)	11 (1)	166:113	39
6	WSV Sterzing Broncos	30	18 (3)	12 (1)	132:131	37
7	Olimpija	30	16 (2)	14 (2)	158:115	34
8	HC Meran	30	16 (0)	14 (2)	150:129	34
9	Asiago Hockey	30	16 (1)	14 (1)	133:136	33
10	SG Cortina	30	14 (1)	16 (2)	119:136	30
11	Jesenice	30	13 (4)	17 (1)	89:109	27
12	HC Alleghe	30	8 (2)	22 (3)	106:161	19
13	SHC Fassa	30	8 (3)	22 (2)	96:144	18
14	SG Brunico	30	7 (2)	23 (3)	91:181	17
15	Bled	30	5 (1)	25 (0)	55:189	10
16	HC Courmaosta	30	4 (0)	26 (2)	95:208	10

Group A
Place	Team	GP	W (OTW)	L (OTL)	GF:GA	Pts
1	Italy HC Bozen	3	2 (0)	1 (1)	14:8	5
2	Austria EC VSV	3	2 (0)	1 (0)	19:8	4
3	Italy HC Meran	3	2 (0)	1 (0)	12:11	4
4	Italy WSV Sterzing Broncos	3	0 (0)	3 (0)	4:22	0

Group B
Place	Team	GP	W (OTW)	L (OTL)	GF:GA	Pts
1	Austria VEU Feldkirch	3	2 (0)	1 (1)	12:8	5
2	Austria EC KAC	3	2 (0)	1 (0)	10:4	4
3	Austria Wiener EV	3	1 (0)	2 (0)	6:12	2
4	Slovenia Olimpija	3	1 (1)	2 (0)	7:11	2

• Game 1 (12. April 1999), HC Bozen – VEU Feldkirch: 0:4
• Game 2 (14. April 1999), VEU Feldkirch – HC Bozen: 6:0

• 1998-99 season