<PAGE> 1
Rule 424(b)(3)
Registration No. 33-51715
PRICING SUPPLEMENT NO. 5 DATED NOVEMBER 2, 1994 TO PROSPECTUS DATED
JANUARY 14, 1994 AND PROSPECTUS SUPPLEMENT DATED FEBRUARY 15, 1994
SARA LEE CORPORATION
Medium-Term Notes, Series B
(Fixed Rate)
<TABLE>
- --------------------------------------------------------------------------------------------------------------
<S> <C>
Principal Amount: $21,250,000 Issue Date: November 9, 1994
Issue Price: 99.905% Stated Maturity: November 9, 1999
Commission of Selling Agents: 0.162% Specified Currency: U.S. Dollars
Net Proceeds to Issuer: 99.743% Form: _X_ Global
Interest Rate: 7.95% ___ Certificated
Selling Agents: Lazard Freres
Trade Date: November 2, 1994
- --------------------------------------------------------------------------------------------------------------
Interest Payment Dates: Amortizing Notes:
_X_ As specified in Prospectus Supplement ___ Yes
___ Other (specify) _____________________ _X_ No
Regular Record Date: Each payment of principal of, and interest on,
_X_ As specified in Prospectus Supplement the Notes will be made:
___ Other (specify) _____________________ ___ Quarterly
Original Issue Discount Note: ___ Semiannually
___ Yes _X_ No ___ Other (specify) ___________________
Original Issue Discount ___________________ % Interest rate may be reset: ___ Yes _X_ No
Yield to Maturity: _______________________ % Terms of reset:
Repurchase Price (for Discount Securities): Redemption Information:
Other Provisions: Repayment Information
<CAPTION>
- --------------------------------------------------------------------------------------------------------------
The aggregate principal amount of this offering is U.S. $21,250,000 and relates only to Pricing
Supplement No. 5. Medium-Term Notes, Series B, may be issued by the Company in the aggregate
principal amount of up to U.S. $400,000,000 or the equivalent in foreign currencies or foreign currency units.
To date, including this offering, an aggregate of U.S. $86,000,000 or the equivalent in foreign
currency or foreign currency units of Medium-Term Notes, Series B, have been issued.
- --------------------------------------------------------------------------------------------------------------
<S> <C>
TYPE OF SALE: IF PRINCIPAL TRANSACTION, REOFFERING AT:
___ As Agent _X_ varying prices related to prevailing market prices at the time of resale
_X_ As Principal ___ fixed public offering prices of _______________ % of Principal Amount
- --------------------------------------------------------------------------------------------------------------
</TABLE>
[Insert additional tax disclosure, if necessary]