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064 A000400 N
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<PAGE> PAGE 21
068 B000400 N
069 000400 N
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070 A020400 N
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070 B020400 N
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070 D020400 N
070 E010400 Y
070 E020400 N
070 F010400 Y
070 F020400 N
070 G010400 Y
070 G020400 N
070 H010400 Y
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 Y
070 K010400 Y
070 K020400 N
070 L010400 Y
070 L020400 Y
070 M010400 Y
070 M020400 N
070 N010400 Y
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 Y
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
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<PAGE> PAGE 22
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<PAGE> PAGE 23
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076 000400 0.00
024 000500 N
028 A010500 3560
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<PAGE> PAGE 24
037 000500 N
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050 000500 N
051 000500 N
052 000500 N
053 A000500 N
055 A000500 N
055 B000500 N
056 000500 N
057 000500 N
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<PAGE> PAGE 25
062 B000500 0.0
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066 D000500 N
066 E000500 N
066 F000500 N
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067 000500 N
068 A000500 N
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069 000500 N
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070 A020500 N
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070 D020500 Y
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070 E020500 N
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070 F020500 N
070 G010500 Y
070 G020500 N
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070 H020500 N
070 I010500 N
070 I020500 N
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<PAGE> PAGE 26
070 K020500 N
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<PAGE> PAGE 27
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<PAGE> PAGE 28
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<PAGE> PAGE 29
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<PAGE> PAGE 30
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<PAGE> PAGE 31
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<PAGE> PAGE 32
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SIGNATURE OTIS F. HILBERT
TITLE SECRETARY
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the LB
Series Fund, Inc. Semi-Annual Report to Shareholders dated June 30, 1996 and
is qualified in its entirety by reference to such Semi-Annual Report.
</LEGEND>
<SERIES>
<NUMBER> 1
<NAME> LB SERIES FUND, INC. - GROWTH PORTFOLIO
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<S> <C>
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the LB
Series Fund, Inc. Semi-Annual Report to Shareholders dated June 30, 1996 and
is qualified in its entirety by reference to such Semi-Annual Report.
</LEGEND>
<SERIES>
<NUMBER> 2
<NAME> LB SERIES FUND, INC. - INCOME PORTFOLIO
</SERIES>
<MULTIPLIER> 1,000
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<S> <C>
<PERIOD-TYPE> 6-MOS
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the LB
Series Fund, Inc. Semi-Annual Report to Shareholders dated June 30, 1996 and
is qualified in its entirety by reference to such Semi-Annual Report.
</LEGEND>
<SERIES>
<NUMBER> 3
<NAME> LB SERIES FUND, INC. - MONEY MARKET PORTFOLIO
</SERIES>
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> 6-MOS
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<PER-SHARE-NAV-BEGIN> 1.00
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the LB
Series Fund, Inc. Semi-Annual Report to Shareholders dated June 30, 1996 and
is qualified in its entirety by reference to such Semi-Annual Report.
</LEGEND>
<SERIES>
<NUMBER> 4
<NAME> LB SERIES FUND, INC. - HIGH YIELD PORTFOLIO
</SERIES>
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
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<NET-ASSETS> 900,035
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<OTHER-INCOME> 0
<EXPENSES-NET> 1,702
<NET-INVESTMENT-INCOME> 40,806
<REALIZED-GAINS-CURRENT> 9,908
<APPREC-INCREASE-CURRENT> (10,131)
<NET-CHANGE-FROM-OPS> 40,583
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 40,806
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 7,804
<NUMBER-OF-SHARES-REDEEMED> 1,151
<SHARES-REINVESTED> 4,037
<NET-CHANGE-IN-ASSETS> 107,545
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (26,701)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,702
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,702
<AVERAGE-NET-ASSETS> 855,189
<PER-SHARE-NAV-BEGIN> 9.94
<PER-SHARE-NII> 0.47
<PER-SHARE-GAIN-APPREC> 0.01
<PER-SHARE-DIVIDEND> 0.47
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.95
<EXPENSE-RATIO> 0.40
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the LB
Series Fund, Inc. Semi-Annual Report to Shareholders dated June 30, 1996 and
is qualified in its entirety by reference to such Semi-Annual Report.
Information.
</LEGEND>
<SERIES>
<NUMBER> 5
<NAME> LB SERIES FUND, INC. - OPPORTUNITY GROWTH PORTFOLIO
</SERIES>
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-18-1996
<PERIOD-END> JUN-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 134,898
<INVESTMENTS-AT-VALUE> 141,068
<RECEIVABLES> 658
<ASSETS-OTHER> 467
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 142,193
<PAYABLE-FOR-SECURITIES> 4,095
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 37
<TOTAL-LIABILITIES> 4,132
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 130,208
<SHARES-COMMON-STOCK> 11,031
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 100
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,531
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 6,222
<NET-ASSETS> 138,061
<DIVIDEND-INCOME> 2
<INTEREST-INCOME> 218
<OTHER-INCOME> 0
<EXPENSES-NET> 120
<NET-INVESTMENT-INCOME> 100
<REALIZED-GAINS-CURRENT> 1,531
<APPREC-INCREASE-CURRENT> 6,222
<NET-CHANGE-FROM-OPS> 7,853
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 11,141
<NUMBER-OF-SHARES-REDEEMED> 110
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 138,061
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 120
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 120
<AVERAGE-NET-ASSETS> 67,147
<PER-SHARE-NAV-BEGIN> 10
<PER-SHARE-NII> 0.01
<PER-SHARE-GAIN-APPREC> 2.51
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.52
<EXPENSE-RATIO> 0.40
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the LB
Series Fund, Inc. Semi-Annual Report to Shareholders dated June 30, 1996 and
is qualified in its entirety by reference to such Semi-Annual Report.
Information.
</LEGEND>
<SERIES>
<NUMBER> 6
<NAME> LB SERIES FUND, INC. - WORLD GROWTH PORTFOLIO
</SERIES>
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-18-1996
<PERIOD-END> JUN-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 97,528
<INVESTMENTS-AT-VALUE> 99,958
<RECEIVABLES> 339
<ASSETS-OTHER> 347
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 100,644
<PAYABLE-FOR-SECURITIES> 2,097
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 45
<TOTAL-LIABILITIES> 2,142
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 95,371
<SHARES-COMMON-STOCK> 9,397
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 682
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 28
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,421
<NET-ASSETS> 98,502
<DIVIDEND-INCOME> 630
<INTEREST-INCOME> 241
<OTHER-INCOME> 0
<EXPENSES-NET> 189
<NET-INVESTMENT-INCOME> 682
<REALIZED-GAINS-CURRENT> 28
<APPREC-INCREASE-CURRENT> 2,421
<NET-CHANGE-FROM-OPS> 3,131
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 9,519
<NUMBER-OF-SHARES-REDEEMED> 122
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 98,502
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 189
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 189
<AVERAGE-NET-ASSETS> 49,382
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> 0.07
<PER-SHARE-GAIN-APPREC> 0.41
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.48
<EXPENSE-RATIO> 0.85
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
