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November 23, 1998
VIA EDGAR
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Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Peoples Benefit Life Insurance Company Separate Account V --
Prism Variable Annuity
File No.33-45862, 811-6564, CIK 884067
Rule 30b2-1 Filing
Commissioners:
As required by Rule 30d-2 under the Investment Company Act of 1940, as amended
(the "Act"), Peoples Benefit Life Insurance Company Separate Account V, a unit
investment trust registered under the Act, mailed to its contract owners the
annual report for the following underlying management investment companies:
Acacia Capital Corporation and Dreyfus Socially Responsible Growth Fund, Inc.
This filing constitutes the filing of those reports as required by Rule 30b2-1
under the Act.
Pursuant to Rule 30d-1 under the Act, the following annual reports were filed
with the Commission via EDGAR on the dates indicated:
. Acacia Capital Corporation (CIK: 708950) filed March 6, 1998
. Dreyfus Socially Responsible Growth Fund, Inc. (CIK: 890064) filed March 3,
1998
To the extent necessary, these filings are incorporated herein by reference.
Very truly yours,
/s/ Gregory E. Miller-Breetz
Gregory E. Miller-Breetz
Assistant General Counsel
