<PAGE> PAGE 1
000 A000000 06/30/97
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014 A000004 DELAWARE DISTRIBUTORS LP
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<PAGE> PAGE 2
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
015 D010041 SOUTH AFRICA
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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SIGNATURE ERIC C. JONES
TITLE DIR. MUTUAL FUNDS
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000914036
<NAME> LINCOLN NATIONAL AGGRESIVE GROWTH FUND
<S> <C>
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</TABLE>
