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Rule 424(b)(3)
Registration No. 33-60071
PRICING SUPPLEMENT NO. 20 DATED January 18, 1996
TO PROSPECTUS DATED JULY 14, 1995 AND PROSPECTUS SUPPLEMENT DATED JULY 19, 1995
SARA LEE CORPORATION
Medium-Term Notes, Series C
(Fixed Rate)
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<S> <C>
Principal Amount: $25,000,000 Issue Date: January 23, 1996
Issue Price: 97.038 Stated Maturity: January 23, 2006
Commission of Selling Agents: Nil Specified Currency: U.S. Dollars
Net Proceeds to Issuer: $20,259,500 Form: X Global
Interest Rate: 5.60% ___ Certificated
Selling Agents: Lehmon Brothers
Trade Date: January 18, 1996
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Interest Payment Dates: Amortizing Notes:
X As specified in Propectus 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: X 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:
Repayment Information
Other Provisions:
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The aggregate principal amount of this offering is U.S. $25,000,000 and relates only to Pricing
Supplement No. 20. Medium-Term Notes, Series C, may be issued by the Company in the aggregate
principal amount of up to U.S. $600,000,000 or the equivalent in foreign currencies or foreign
currency units. To date, including this offering, an aggregate of U.S. $233,000,000 or the equivalent
in foreign currency or foreign currency units of Medium-Term Notes, Series C, have been issued.
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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
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[Insert additional tax disclosure, if necessary]