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UNITED STATES OMB APPROVAL
SECURITIES AND EXCHANGE COMMISSION -------------------------
Washington, D.C. 20549 OMB Number: 3235-0456
Expires: August 31, 2000
FORM 24F-2 Estimated average burden
ANNUAL NOTICE OF SECURITIES SOLD hours per response......1
PURSUANT TO RULE 24F-2 -------------------------
READ INSTRUCTIONS AT END OF FORM BEFORE PREPARING FORM. PLEASE PRINT OR TYPE.
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1. Name and address of issuer:
Variflex LS
700 Harrison
Topeka, Kansas 66636-0001
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2. Name of each series or class of securities for which this Form is filed
(If the Form is being filed for all series and classes of securities of
the issuer, check the box but do not list series or classes): |_|
Variflex LS
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3. Investment Company Act File Number: 811-08836
Securities Act File Number: 033-85592
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4(a). Last day of fiscal year for which this Form is filed:
December 31, 1998
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4(b). |_| Check box if this Form is being filed late (i.e., more than 90
calendar days after the end of the issuer's fiscal year). (See
Instruction A.2)
NOTE: IF THE FORM IS BEING FILED LATE, INTEREST MUST BE PAID ON THE
REGISTRATION FEE DUE.
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4(c). |_| Check box if this is the last time the issuer will be filing this
Form.
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5. Calculation of registration fee:
(i) Aggregate sale price of securities
sold during the fiscal year pursuant
to section 24(f): $403,577,783
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(ii) Aggregate price of securities
redeemed or repurchased during the
fiscal year: $268,684,315
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(iii) Aggregate price of securities
redeemed or repurchased during any
PRIOR fiscal year ending no earlier
than October 11, 1995 that were
not previously used to reduce
registration fees payable to the
Commission: $ 0
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(iv) Total available redemption credits
[add items 5(ii) and 5(iii)]: -$268,684,315
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(v) Net sales - if Item 5(i) is greater
than Item 5(iv) [subtract Item 5(iv)
from Item 5(i)]: $134,893,468
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(vi) Redemption credits available for use
in future years - if Item 5(i) is
less than Item 5(iv) [subtract Item
5(iv) from Item 5(i)]: $( 0)
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(vii) Multiplier for determining
registration fee (See Instruction
C.9): x .000278
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(viii) Registration fee due [multiply Item
5(v) by Item 5(vii)] (enter "0" if no
fee is due): =$ 37,500.38
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6. Prepaid Shares
If the response to item 5(i) was determined by deducting an amount of
securities that were registered under the Securities Act of 1933 pursuant
to rule 24e-2 as in effect before [effective date of rescission of rule
24e-2], then report the amount of securities (number of shares or other
units) deducted here: __________. If there is a number of shares or other
units that were registered pursuant to rule 24e-2 remaining unsold at the
end of the fiscal year for which this form is filed that are available
for use by the issuer in future fiscal years, then state that number
here: __________.
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7. Interest due - if this Form is being filed more than
90 days after the end of the issuer's fiscal year
(see Instruction D): +$ 0
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8. Total of the amount of the registration fee due plus
any interest due [line 5(viii) plus line 7]: =$ 37,500.38
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9. Date the registration fee and any interest payment was sent to the
Commission's lockbox depository: March 25, 1999
Method of Delivery:
|X| Wire Transfer
|_| Mail or other means
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SIGNATURES
This report has been signed below by the following persons on behalf of the
issuer and in the capacities and on the dates indicated.
By (Signature and Title)* AMY J. LEE
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Amy J. Lee, Assistant Secretary
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Date March 31, 1999
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*Please print the name and title of the signing officer below the signature.
