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TELMARK LLC
(LOGO)
PROSPECTUS
Until November 7, 1998 all dealers effecting
transactions in the registered securities,
whether or not participating in this
distribution, may be required to deliver a
Prospectus. This is in addition to the
obligations of dealers to deliver a
Prospectus when acting as underwriters and
with respect to their unsold allotments or
subscriptions.
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Telmark LLC
Supplement dated January 1, 1999
to Prospectus dated September 28, 1998
As of January 1, 1999, Telmark (issuer) approved a decrease in interest
rates on the Debentures currently being offered under this Prospectus from 6.75%
for Debentures due March 31, 2002 and 6.5% for Debentures due March 31, 2001, to
6.25% and 6.0%, respectively.
For a complete description of the securities offered by Telmark, please
refer to pages 8 through 12 of the Prospectus.
