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028 E010400 5241
028 E020400 11907
028 E030400 0
028 E040400 7883
028 F010400 6044
028 F020400 14476
028 F030400 0
028 F040400 4437
028 G010400 29780
028 G020400 77972
028 G030400 0
028 G040400 49964
028 H000400 0
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030 A000400 0
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030 C000400 0.00
031 A000400 0
031 B000400 0
032 000400 0
033 000400 0
034 000400 N
035 000400 0
036 B000400 0
037 000400 N
038 000400 0
039 000400 N
040 000400 N
042 A000400 0
042 B000400 0
042 C000400 0
042 D000400 0
042 E000400 0
042 F000400 0
042 G000400 0
042 H000400 0
<PAGE> PAGE 21
043 000400 0
044 000400 0
045 000400 Y
046 000400 N
047 000400 Y
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048 A010400 0
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048 B010400 0
048 B020400 0.000
048 C010400 0
048 C020400 0.000
048 D010400 0
048 D020400 0.000
048 E010400 0
048 E020400 0.000
048 F010400 0
048 F020400 0.000
048 G010400 0
048 G020400 0.000
048 H010400 0
048 H020400 0.000
048 I010400 0
048 I020400 0.000
048 J010400 0
048 J020400 0.000
048 K010400 0
048 K020400 0.000
049 000400 N
050 000400 N
051 000400 N
052 000400 N
053 A000400 N
055 A000400 N
055 B000400 N
056 000400 N
057 000400 N
061 000400 0
062 A000400 Y
062 B000400 0.0
062 C000400 0.0
062 D000400 0.0
062 E000400 0.0
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 2.6
062 J000400 0.0
062 K000400 0.0
062 L000400 0.0
062 M000400 0.0
<PAGE> PAGE 22
062 N000400 0.0
062 O000400 0.0
062 P000400 81.1
062 Q000400 16.3
062 R000400 0.0
063 A000400 0
063 B000400 7.8
064 A000400 N
064 B000400 Y
065 000400 N
066 A000400 N
067 000400 N
068 A000400 N
068 B000400 N
069 000400 N
070 A010400 Y
070 A020400 N
070 B010400 Y
070 B020400 N
070 C010400 Y
070 C020400 N
070 D010400 Y
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 Y
070 Q020400 N
070 R010400 N
070 R020400 N
<PAGE> PAGE 23
071 A000400 464209
071 B000400 428264
071 C000400 1398993
071 D000400 31
072 A000400 6
072 B000400 73572
072 C000400 7312
072 D000400 0
072 E000400 0
072 F000400 2911
072 G000400 0
072 H000400 0
072 I000400 0
072 J000400 0
072 K000400 0
072 L000400 0
072 M000400 0
072 N000400 0
072 O000400 0
072 P000400 0
072 Q000400 0
072 R000400 0
072 S000400 0
072 T000400 0
072 U000400 0
072 V000400 0
072 W000400 0
072 X000400 2911
072 Y000400 0
072 Z000400 77973
072AA000400 0
072BB000400 5752
072CC010400 24137
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072DD020400 0
072EE000400 0
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073 A020400 0.0000
073 B000400 0.0000
073 C000400 0.0000
074 A000400 95
074 B000400 0
074 C000400 38898
074 D000400 1198221
074 E000400 165555
074 F000400 75867
074 G000400 0
074 H000400 0
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074 J000400 2421
<PAGE> PAGE 24
074 K000400 0
074 L000400 30387
074 M000400 0
074 N000400 1511444
074 O000400 7955
074 P000400 0
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074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 0
074 S000400 0
074 T000400 1503489
074 U010400 162086
074 U020400 0
074 V010400 9.28
074 V020400 0.00
074 W000400 0.0000
074 X000400 5
074 Y000400 0
075 A000400 0
075 B000400 1467798
076 000400 0.00
024 000500 Y
025 A000501 NEW CENTER ASSET TRUST
025 B000501 51-6186874
025 C000501 D
025 D000501 5600
025 A000502 DELETE
025 D000502 0
025 D000503 0
025 D000504 0
025 D000505 0
025 D000506 0
025 D000507 0
025 D000508 0
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028 B010500 775
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028 C010500 487
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<PAGE> PAGE 25
028 D040500 7084
028 E010500 1111
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028 F040500 1900
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038 000500 0
039 000500 N
040 000500 N
042 A000500 0
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<PAGE> PAGE 26
048 E010500 0
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048 H010500 0
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048 I010500 0
048 I020500 0.000
048 J010500 0
048 J020500 0.000
048 K010500 0
048 K020500 0.000
049 000500 N
050 000500 N
051 000500 N
052 000500 N
053 A000500 N
055 A000500 N
055 B000500 N
056 000500 N
057 000500 N
061 000500 0
062 A000500 N
062 B000500 0.0
062 C000500 0.0
062 D000500 0.0
062 E000500 0.0
062 F000500 0.0
062 G000500 0.0
062 H000500 0.0
062 I000500 0.0
062 J000500 0.0
062 K000500 0.0
062 L000500 0.0
062 M000500 0.0
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062 O000500 0.0
062 P000500 0.0
062 Q000500 0.0
062 R000500 0.0
063 A000500 0
063 B000500 0.0
066 A000500 Y
066 B000500 Y
066 C000500 N
066 D000500 N
066 E000500 N
066 F000500 N
066 G000500 N
<PAGE> PAGE 27
067 000500 N
068 A000500 N
068 B000500 N
069 000500 N
070 A010500 Y
070 A020500 N
070 B010500 Y
070 B020500 N
070 C010500 Y
070 C020500 N
070 D010500 Y
070 D020500 N
070 E010500 Y
070 E020500 N
070 F010500 Y
070 F020500 N
070 G010500 Y
070 G020500 N
070 H010500 Y
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 N
070 K010500 Y
070 K020500 N
070 L010500 Y
070 L020500 Y
070 M010500 Y
070 M020500 Y
070 N010500 Y
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 Y
070 P020500 Y
070 Q010500 Y
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500 70928
071 B000500 89668
071 C000500 333868
071 D000500 21
072 A000500 6
072 B000500 224
072 C000500 256
072 D000500 0
072 E000500 0
072 F000500 669
072 G000500 0
<PAGE> PAGE 28
072 H000500 0
072 I000500 0
072 J000500 0
072 K000500 0
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072 N000500 0
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072 R000500 0
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072 V000500 0
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072 Y000500 0
072 Z000500 -189
072AA000500 0
072BB000500 12163
072CC010500 19568
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073 C000500 0.0000
074 A000500 9
074 B000500 0
074 C000500 5600
074 D000500 0
074 E000500 0
074 F000500 349760
074 G000500 0
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074 J000500 3120
074 K000500 0
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074 M000500 0
074 N000500 358510
074 O000500 2668
074 P000500 0
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<PAGE> PAGE 29
074 S000500 0
074 T000500 355842
074 U010500 31368
074 U020500 0
074 V010500 11.34
074 V020500 0.00
074 W000500 0.0000
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075 A000500 0
075 B000500 337123
076 000500 0.00
024 000600 Y
025 A000601 NEW CENTER ASSET TRUST
025 B000601 51-6186874
025 C000601 D
025 D000601 17000
025 A000602 GENERAL ELECTRIC CAPITAL CORP.
025 B000602 13-1500700
025 C000602 D
025 D000602 1999
025 D000603 0
025 D000604 0
025 D000605 0
025 D000606 0
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028 C010600 4567
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028 D040600 1354
028 E010600 3570
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028 F030600 0
028 F040600 1011
<PAGE> PAGE 30
028 G010600 27658
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031 A000600 0
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032 000600 0
033 000600 0
034 000600 N
035 000600 0
036 B000600 0
037 000600 N
038 000600 0
039 000600 N
040 000600 N
042 A000600 0
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042 D000600 0
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042 F000600 0
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047 000600 Y
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<PAGE> PAGE 31
048 I020600 0.000
048 J010600 0
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048 K020600 0.000
049 000600 N
050 000600 N
051 000600 N
052 000600 N
053 A000600 N
055 A000600 N
055 B000600 N
056 000600 N
057 000600 N
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063 A000600 0
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066 D000600 N
066 E000600 N
066 F000600 N
066 G000600 N
067 000600 N
068 A000600 N
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069 000600 N
070 A010600 Y
070 A020600 N
070 B010600 Y
070 B020600 N
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<PAGE> PAGE 32
070 C020600 N
070 D010600 Y
070 D020600 N
070 E010600 Y
070 E020600 N
070 F010600 Y
070 F020600 N
070 G010600 Y
070 G020600 N
070 H010600 Y
070 H020600 N
070 I010600 N
070 I020600 N
070 J010600 Y
070 J020600 Y
070 K010600 Y
070 K020600 Y
070 L010600 Y
070 L020600 Y
070 M010600 Y
070 M020600 Y
070 N010600 Y
070 N020600 N
070 O010600 Y
070 O020600 N
070 P010600 Y
070 P020600 N
070 Q010600 Y
070 Q020600 N
070 R010600 N
070 R020600 N
071 A000600 50801
071 B000600 37096
071 C000600 364563
071 D000600 10
072 A000600 6
072 B000600 405
072 C000600 4476
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<PAGE> PAGE 33
072 Q000600 0
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<PAGE> PAGE 34
075 A000600 0
075 B000600 383999
076 000600 0.00
024 000700 Y
025 A000701 PAINE WEBBER, INC.
025 B000701 13-2638166
025 C000701 E
025 D000701 388
025 A000702 CIT FINANCIAL CORP.
025 B000702 13-2994534
025 C000702 E
025 D000702 243
025 A000703 BEAR STEARNS & CO.
025 B000703 13-4946705
025 C000703 E
025 D000703 206
025 A000704 DONALDSON LUFKIN & JENRETTE
025 B000704 13-2741729
025 C000704 E
025 D000704 176
025 A000705 DELETE
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<PAGE> PAGE 35
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<PAGE> PAGE 36
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052 000700 N
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056 000700 N
057 000700 N
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067 000700 N
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069 000700 N
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<PAGE> PAGE 37
070 D020700 N
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072 C000700 232
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<PAGE> PAGE 38
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<PAGE> PAGE 39
076 000700 0.00
SIGNATURE OTIS F. HILBERT
TITLE SECRETARY
<PAGE>
LB Series Fund, Inc.
Form N-SAR for
Period Ended 6-30-99
INDEX TO EXHIBITS
EXHIBIT NO. ITEM
77Q1(h) Financial Data Schedule
<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, 1999 and
is qualified in its entirety by reference to such Semi-Annual Report.
</LEGEND>
<SERIES>
<NUMBER> 1
<NAME> LB SERIES FUND, INC. - GROWTH PORTFOLIO
</SERIES>
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> JUN-30-1999
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 3,168,829
<INVESTMENTS-AT-VALUE> 3,987,927
<RECEIVABLES> 49,542
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 4,037,469
<PAYABLE-FOR-SECURITIES> 45,993
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 45,993
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2,811,939
<SHARES-COMMON-STOCK> 160,848
<SHARES-COMMON-PRIOR> 141,238
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 360,439
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 819,098
<NET-ASSETS> 3,991,476
<DIVIDEND-INCOME> 13,600
<INTEREST-INCOME> 3,536
<OTHER-INCOME> 0
<EXPENSES-NET> 7,255
<NET-INVESTMENT-INCOME> 9,881
<REALIZED-GAINS-CURRENT> 385,209
<APPREC-INCREASE-CURRENT> 198,245
<NET-CHANGE-FROM-OPS> 593,335
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 9,881
<DISTRIBUTIONS-OF-GAINS> 341,903
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5,606
<NUMBER-OF-SHARES-REDEEMED> 2,286
<SHARES-REINVESTED> 16,290
<NET-CHANGE-IN-ASSETS> 671,464
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 317,134
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 7,255
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 7,255
<AVERAGE-NET-ASSETS> 3,617,624
<PER-SHARE-NAV-BEGIN> 23.51
<PER-SHARE-NII> 0.06
<PER-SHARE-GAIN-APPREC> 3.72
<PER-SHARE-DIVIDEND> 0.06
<PER-SHARE-DISTRIBUTIONS> 2.41
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 24.82
<EXPENSE-RATIO> 0.40
</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, 1999 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
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> JUN-30-1999
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 1,132,554
<INVESTMENTS-AT-VALUE> 1,105,886
<RECEIVABLES> 17,935
<ASSETS-OTHER> 209
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,124,030
<PAYABLE-FOR-SECURITIES> 36,723
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 36,723
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,122,571
<SHARES-COMMON-STOCK> 112,442
<SHARES-COMMON-PRIOR> 105,218
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (8,496)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (26,768)
<NET-ASSETS> 1,087,307
<DIVIDEND-INCOME> 208
<INTEREST-INCOME> 34,034
<OTHER-INCOME> 0
<EXPENSES-NET> 2,164
<NET-INVESTMENT-INCOME> 32,078
<REALIZED-GAINS-CURRENT> (3,389)
<APPREC-INCREASE-CURRENT> (56,073)
<NET-CHANGE-FROM-OPS> (27,384)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 32,078
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5,818
<NUMBER-OF-SHARES-REDEEMED> 1,814
<SHARES-REINVESTED> 3,220
<NET-CHANGE-IN-ASSETS> 12,986
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (5,107)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,164
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,164
<AVERAGE-NET-ASSETS> 1,090,826
<PER-SHARE-NAV-BEGIN> 10.21
<PER-SHARE-NII> 0.29
<PER-SHARE-GAIN-APPREC> (0.54)
<PER-SHARE-DIVIDEND> 0.29
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.67
<EXPENSE-RATIO> 0.40
</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, 1999 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> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> JUN-30-1999
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 236,937
<INVESTMENTS-AT-VALUE> 236,937
<RECEIVABLES> 518
<ASSETS-OTHER> 25
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 237,480
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 237,480
<SHARES-COMMON-STOCK> 237,480
<SHARES-COMMON-PRIOR> 193,809
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 237,480
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5,427
<OTHER-INCOME> 0
<EXPENSES-NET> 434
<NET-INVESTMENT-INCOME> 4,993
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 4,993
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 4,993
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 75,812
<NUMBER-OF-SHARES-REDEEMED> 37,134
<SHARES-REINVESTED> 4,993
<NET-CHANGE-IN-ASSETS> 43,671
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 434
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 434
<AVERAGE-NET-ASSETS> 218,613
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.02
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> 0.02
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.40
</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, 1999 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> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> JUN-30-1999
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 1,588,868
<INVESTMENTS-AT-VALUE> 1,478,540
<RECEIVABLES> 32,808
<ASSETS-OTHER> 96
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,511,444
<PAYABLE-FOR-SECURITIES> 7,955
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 7,955
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,629,514
<SHARES-COMMON-STOCK> 162,086
<SHARES-COMMON-PRIOR> 155,873
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (15,697)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (110,328)
<NET-ASSETS> 1,503,489
<DIVIDEND-INCOME> 7,312
<INTEREST-INCOME> 73,572
<OTHER-INCOME> 0
<EXPENSES-NET> 2,911
<NET-INVESTMENT-INCOME> 77,973
<REALIZED-GAINS-CURRENT> (5,752)
<APPREC-INCREASE-CURRENT> 24,137
<NET-CHANGE-FROM-OPS> 96,358
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 77,973
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,204
<NUMBER-OF-SHARES-REDEEMED> 5,401
<SHARES-REINVESTED> 8,410
<NET-CHANGE-IN-ASSETS> 76,173
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (9,946)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,911
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,911
<AVERAGE-NET-ASSETS> 1,467,798
<PER-SHARE-NAV-BEGIN> 9.16
<PER-SHARE-NII> 0.49
<PER-SHARE-GAIN-APPREC> 0.12
<PER-SHARE-DIVIDEND> 0.49
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.28
<EXPENSE-RATIO> 0.40
</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, 1999 and
is qualified in its entirety by reference to such Semi-Annual Report.
</LEGEND>
<SERIES>
<NUMBER> 5
<NAME> LB SERIES FUND, INC. - OPPORTUNITY GROWTH PORTFOLIO
</SERIES>
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> JUN-30-1999
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 308,418
<INVESTMENTS-AT-VALUE> 355,360
<RECEIVABLES> 3,142
<ASSETS-OTHER> 8
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 358,510
<PAYABLE-FOR-SECURITIES> 2,668
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 2,668
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 369,269
<SHARES-COMMON-STOCK> 31,368
<SHARES-COMMON-PRIOR> 33,659
<ACCUMULATED-NII-CURRENT> (189)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (60,180)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 46,942
<NET-ASSETS> 355,842
<DIVIDEND-INCOME> 256
<INTEREST-INCOME> 224
<OTHER-INCOME> 0
<EXPENSES-NET> 669
<NET-INVESTMENT-INCOME> (189)
<REALIZED-GAINS-CURRENT> (12,163)
<APPREC-INCREASE-CURRENT> 19,568
<NET-CHANGE-FROM-OPS> 7,216
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 475
<NUMBER-OF-SHARES-REDEEMED> 2,766
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (16,353)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (48,017)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 669
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 669
<AVERAGE-NET-ASSETS> 337,123
<PER-SHARE-NAV-BEGIN> 11.06
<PER-SHARE-NII> (0.01)
<PER-SHARE-GAIN-APPREC> 0.29
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.34
<EXPENSE-RATIO> 0.40
</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, 1999 and
is qualified in its entirety by reference to such Semi-Annual Report.
</LEGEND>
<SERIES>
<NUMBER> 6
<NAME> LB SERIES FUND, INC. - WORLD GROWTH PORTFOLIO
</SERIES>
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> JUN-30-1999
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 343,695
<INVESTMENTS-AT-VALUE> 404,850
<RECEIVABLES> 1,533
<ASSETS-OTHER> 6,604
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 412,987
<PAYABLE-FOR-SECURITIES> 8,582
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 8
<TOTAL-LIABILITIES> 8,590
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 338,356
<SHARES-COMMON-STOCK> 30,696
<SHARES-COMMON-PRIOR> 29,187
<ACCUMULATED-NII-CURRENT> 3,262
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,707
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 61,072
<NET-ASSETS> 404,397
<DIVIDEND-INCOME> 4,476
<INTEREST-INCOME> 405
<OTHER-INCOME> 0
<EXPENSES-NET> 1,619
<NET-INVESTMENT-INCOME> 3,262
<REALIZED-GAINS-CURRENT> 8,994
<APPREC-INCREASE-CURRENT> 3,100
<NET-CHANGE-FROM-OPS> 15,356
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,163
<NUMBER-OF-SHARES-REDEEMED> 655
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 34,652
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (7,287)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,619
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,619
<AVERAGE-NET-ASSETS> 383,999
<PER-SHARE-NAV-BEGIN> 12.67
<PER-SHARE-NII> 0.11
<PER-SHARE-GAIN-APPREC> 0.39
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.17
<EXPENSE-RATIO> 0.85
</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, 1999 and
is qualified in its entirety by reference to such Semi-Annual Report.
</LEGEND>
<SERIES>
<NUMBER> 7
<NAME> LB SERIES FUND, INC. - MID CAP GROWTH PORTFOLIO
</SERIES>
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> JUN-30-1999
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 132,206
<INVESTMENTS-AT-VALUE> 151,159
<RECEIVABLES> 1,360
<ASSETS-OTHER> 73
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 152,592
<PAYABLE-FOR-SECURITIES> 2,299
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 2,299
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 127,707
<SHARES-COMMON-STOCK> 11,741
<SHARES-COMMON-PRIOR> 8,597
<ACCUMULATED-NII-CURRENT> 143
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3,490
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 18,953
<NET-ASSETS> 150,293
<DIVIDEND-INCOME> 232
<INTEREST-INCOME> 146
<OTHER-INCOME> 0
<EXPENSES-NET> 236
<NET-INVESTMENT-INCOME> 143
<REALIZED-GAINS-CURRENT> 8,806
<APPREC-INCREASE-CURRENT> 9,040
<NET-CHANGE-FROM-OPS> 17,990
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,288
<NUMBER-OF-SHARES-REDEEMED> 144
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 54,623
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (5,317)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 236
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 236
<AVERAGE-NET-ASSETS> 118,844
<PER-SHARE-NAV-BEGIN> 11.13
<PER-SHARE-NII> 0.01
<PER-SHARE-GAIN-APPREC> 1.66
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.80
<EXPENSE-RATIO> 0.40
</TABLE>
