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Rule 424(b)(2)
File No. 33-64054
PRICING SUPPLEMENT NO. 28 DATED July 3, 1997
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(To Prospectus dated July 2,1993 as supplemented
by Prospectus Supplement dated July 15, 1993)
MARSHALL & ILSLEY CORPORATION
Medium-Term Notes, Series C
Due from 9 months to 30 years from date of Issue
Fixed Rate Notes
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Trade Date: July 2, 1997 Issue Price: 99.550%
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Original Issued Date: July 9, 1997 Principal Amount: $250,000.00
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Interest Rate
Maturity Date: July 9, 2001 Per Annum: 6.590%
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Redemption:
Check box opposite applicable paragraph.
[X] The Notes cannot be redeemed prior to maturity
[ ] The Notes may be redeemed prior to maturity
Terms of Redemption:
Additional Terms:
CUSIP - 57183HDW8
