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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
Form N-SAR For Period Ended December 31, 1995
Part I - Registrant Information
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PRAIRIE FUNDS
THREE FIRST NATIONAL PLAZA
CHICAGO, ILLINOIS 60670
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Part II - Rules 12b-25 (b) and (c)
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If the subject report could not be filed without reasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following
should be completed. (Check box if appropriate).
[X] (a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;
[X] (b) The subject annual report, semi-annual report, transition report on
Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof will be filed
on or before the fifteenth calendar day following the prescribed due date;
or the subject quarterly report or transition report on Form 10-Q, or
portion thereof will be filed on or before the fifth calendar day following
the prescribed due date; and
[ ] (c) The accountant's statement or other exhibit required by Rule 12b-25(c)
has been attached if applicable.
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Part III - Narrative
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Sales reports required to answer several of the items have been unavailable
from the Fund's Transfer Agent due to a change in the manner in which the
needed reports are produced. This change caused the Fund time delays in
obtaining the necessary information.
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Part IV - Other Information
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(1) Name and telephone number of person to contact in regard to this
notification:
Martin Dean (614) 470-8038
BISYS Fund Services, Inc.
(2) Have all other periodic reports required under section 13 or 15(d) of the
Securities Exchange Act of 1934 or section 30 of the Investment Company Act of
1940 during the preceding 12 months or for such shorter period that the
registrant was required to file such report(s) been filed? If the answer is
no, identify report(s). [x] Yes [ ] No
(3) Is it anticipated that any significant change in results of operations from
the corresponding period for the fiscal year will be reflected by the earnings
statements to be included in the subject report or portion thereof?
[ ] Yes [x]No
Prairie Funds
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date March 1, 1996 By /s/ D'Ray Brewer
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D'Ray Brewer
Vice President
