Most likely 39pF, and the "H" refers to some aspect of its construction, voltage rating, etc.
The convention for cap marking is first digit/second digit/multiplier, just like the colored bands on a resistor. But the unit is pF. For instance, I have a number of 0.1uF, 400V film caps, and they're labeled "104k." 0.01uF caps from this series would be "103K", and so on.