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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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THIS PROSPECTUS SUPPLEMENT WAS PROVIDED TO DEBENTURE HOLDERS ON
DECEMBER 31, 1998.
Telmark LLC
Supplement dated January 1, 1999
to Prospectus dated September 28, 1998
As of January 1, 1999, the issuer, Telmark LLC, approved a decrease of 1/2%
(one-half percent) in stated interest rates on all Subordinated Debentures
currently being offered under this Prospectus.
For a complete description of the Debentures offered please refer to pages
8 through 12 of the Prospectus.