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[LETTERHEAD OF PFL LIFE INSUANCE COMPANY APPEARS HERE]
September 10, 1998
VIA EDGAR
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: PFL Variable Annuity Fund II
File No. 811- 02411, CIK 0000078011
Rule 30b2-1 Filing
Commissioners:
As required by Rule 30d-2 under the Investment Company Act of 1940, as amended
(the "Act"), PFL Variable Annuity Fund II, a unit investment trust registered
under the Act, recently mailed to its contract owners the semi-annual report for
the underlying management investment company Lexington Growth & Income Fund,
Inc. This filing constitutes the filing of that report as required by Rule
30b2-1 under the Act.
Pursuant to Rule 30d-1 under the Act, on August 26, 1998, Lexington Growth &
Income Fund, Inc. filed its semi-annual report with the Commission via EDGAR
(CIK: 59146). To the extent necessary, that filing is incorporated herein by
reference.
Very truly yours,
PFL Life Insurance Company
/s/ Frank A. Camp
Frank A. Camp
Division General Counsel
Financial Markets Division