UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 24F-2
ANNUAL NOTICE OF SECURITIES SOLD
PURSUANT TO RULE 24f-2
Read instructions at end of Form before preparing Form.
1. Name and address of issuer:
LPLA Separate Account One
3109 Poplarwood Court
Raleigh, NC 27604
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2. The 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):
[X]
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3. Investment Company Act File Number: 811-8890
Securities Act File Number: 33-87150
333-1779
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4(a). Last day of fiscal year for which this Form is filed: December 31, 1997
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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): $ 17,800,253
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(ii) Aggregate price of securities redeemed or
repurchased during the fiscal year: $ 2,291,841
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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): -$ 2,291,841
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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)]: $ 15,508,412
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(vi) Redemption credits available for use in $( 0)
future years--if Item 5(i) is less than ---------
Item 5(iv) [subtract Item 5(iv) from Item
5(i)]:
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(vii) Multiplier for determining registration fee (See
Instruction C.9): x 0.000295
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(viii)Registration fee due [multiply Item 5(v) by Item
5(vii) (enter "0" if no fee is due): =$ 4,574.98
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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 October 11, 1997, 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]:
=$ 4,574.98
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9. Date the registration fee and any interest payment was sent to the
Commission's lockbox depository:
Method of Delivery: March 25, 1998
[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)*
/S/ GEORGE NICHOLSON
_______________________________________________________
George Nicholson, Chief Financial Officer
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Date: March 25, 1998
______________
*Please print the name and title of the signing officer below the
signature.
