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<PAGE> PAGE 2
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<PAGE> PAGE 11
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SIGNATURE JOHN R. ELDER
TITLE TREASURER
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<NAME> LANDMARK FUNDS II
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2/4/97
To the Trustees of
Landmark Equity Fund and Landmark Small Cap Equity Fund
In planning and performing our audit of the financial
statements of Landmark Equity Fund and Landmark Small Cap
Equity Fund (the "Funds"), each a separate series of Landmark
Funds II, for the year ended December 31, 1996, we considered
their internal control structure, including procedures for
safeguarding investments, in order to determine our auditing
procedures for the purposes of expressing our opinion on the
financial statements and to comply with the requirements of
Form N-SAR, and not to provide assurance on the internal
control structure.
The management of the Funds is responsible for establishing and
maintaining an internal control structure. In fulfilling this
responsibility, estimates and judgments by management are
required to assess the expected benefits and related costs of
internal control structure policies and procedures. Two of the
objectives of an internal control structure are to provide
management with reasonable, but not absolute, assurance that
assets are safeguarded against loss from unauthorized use or
disposition and that transactions are executed in accordance
with management's authorization and recorded properly to permit
preparation of financial statements in conformity with
generally accepted accounting principles.
Because of inherent limitations in any internal control
structure, errors or irregularities may occur and not be
detected. Also, projection of any evaluation of the structure
to future periods is subject to the risk that it may become
inadequate because of changes in conditions or that the
effectiveness of the design and operation may deteriorate.
Our consideration of the internal control structure would not
necessarily disclose all matters in the internal control
structure that might be material weaknesses under standards
established by the American Institute of Certified Public
Accountants. A material weakness is a condition in which the
design or operation of the specific internal control structure
elements does not reduce to a relatively low level the risk
that errors or irregularities in amounts that would be material
in relation to the financial statements being audited may occur
and not be detected within a timely period by employees in the
normal course of performing their assigned functions. However,
we noted no matters involving the internal control structure,
including procedures for safeguarding investments, that we
consider to be material weaknesses as defined above as of
December 31, 1996.
This report is intended solely for the information and use of
management and the Securities and Exchange Commission.
PRICE WATERHOUSE LLP
