SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 11-K
ANNUAL REPORT
Pursuant to Section 15(d) of the
Securities Exchange Act of 1934
For the fiscal year ended December 31, 1997
LINCOLN NATIONAL CORPORATION
1993 STOCK PLAN FOR
NON-EMPLOYEE DIRECTORS
(full title of the Plan)
[Current Reg. No. 33-58113]
Lincoln National Corporation
200 East Berry Street
Fort Wayne, Indiana 46802
(name of Issuer and principal executive office)
REQUIRED INFORMATION
Because the Lincoln National Corporation 1993 Stock Plan for
Non-Employee Directors is an unfunded plan, no plan financial
statements or schedules are maintained. Accordingly, no financial
statements or schedules are filed with this Annual Report.
SIGNATURE
THE PLAN. Pursuant to the requirements of the Securities Exchange Act
of 1934, the Administrator of the Plan has duly caused this annual
report to be signed on its behalf by the undersigned hereunto
duly authorized.
April 2, 1998 /S/ C. SUZANNE WOMACK
__________________________________
C. Suzanne Womack, Administrator
LINCOLN NATIONAL CORPORATION
1993 STOCK PLAN FOR
NON-EMPLOYEE DIRECTORS
