<PAGE> PAGE 1
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<PAGE> PAGE 2
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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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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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
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<PAGE> PAGE 19
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<PAGE> PAGE 20
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<PAGE> PAGE 23
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<PAGE> PAGE 27
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<PAGE> PAGE 28
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<PAGE> PAGE 29
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<PAGE> PAGE 30
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<PAGE> PAGE 31
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<PAGE> PAGE 33
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SIGNATURE LORI KOHLHAPP
TITLE FINANCIAL ANALYST
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<TABLE> <S> <C>
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<CIK> 0000932381
<NAME> FIRST OMAHA FUNDS INC.
<SERIES>
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<NAME> GROWTH FUND
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<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000932381
<NAME> FIRST OMAHA FUNDS INC.
<SERIES>
<NUMBER> 2
<NAME> SHORT/INTERMEDIATE FIXED INCOME FUND
<S> <C>
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<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000932381
<NAME> FIRST OMAHA FUNDS INC.
<SERIES>
<NUMBER> 5
<NAME> SMALL CAP VALUE FUND
<S> <C>
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</TABLE>
FIRST OMAHA FUNDS, INC.
FORM N-SAR
Report for the Six Months ending September 30, 1998
Item 77I - Terms of New or Amended Securities
During the first six months of fiscal 1997, the Funds
commenced investment operations of one additional
portfolio, the Growth Fund. The Fund has one class of
shares with a par value of $0.00001. Each share
represents a proportionate interest in the particular
Fund with each other share of its class and is
entitled to such dividends and distributions out of
the income belonging to the Fund as declared by the
Directors. Shares of this class bear certain Fund
expenses, and do not have any preemptive
or conversion rights. Upon liquidation of a Fund,
shareholders of a class are entitled to share pro
rata in the net assets belonging to that
class available for distribution.
