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<PAGE> PAGE 10
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<PAGE> PAGE 12
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<PAGE> PAGE 14
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<PAGE> PAGE 16
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<PAGE> PAGE 18
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<PAGE> PAGE 20
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<PAGE> PAGE 21
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<PAGE> PAGE 22
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<PAGE> PAGE 23
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<PAGE> PAGE 24
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<PAGE> PAGE 25
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<PAGE> PAGE 26
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<PAGE> PAGE 27
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<PAGE> PAGE 28
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SIGNATURE PAUL J. SCHMANSKI
TITLE FINANCIAL ANALYST
<TABLE> <S> <C>
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<CIK> 0000932381
<NAME> FIRST OMAHA FUNDS INC
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000932381
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<SERIES>
<NUMBER> 4
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<TABLE> <S> <C>
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<CIK> 0000932381
<NAME> FIRST OMAHA FUNDS INC
<SERIES>
<NUMBER> 5
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