<PAGE>

                                                                  EXHIBIT 10.5

                      CUSTODIAL PLEDGE AND SECURITY AGREEMENT

     THIS PLEDGE AGREEMENT AND SECURITY AGREEMENT (the "Pledge Agreement") 
dated January 15, 1998, by and between LIFECORE BIOMEDICAL, INC., a Minnesota 
corporation (the "Pledgor"), NORWEST INVESTMENT SERVICES, INC., a Minnesota 
corporation (the "Custodian") and FIRST BANK NATIONAL ASSOCIATION, a national 
banking association ("Secured Party").

                                     RECITALS

     WHEREAS, the Pledgor and the Secured Party have executed and delivered 
that certain credit agreement dated the date hereof ("Credit Agreement") 
pursuant to which the Secured Party has agreed to lend to the Pledgor the 
principal amount of $5,000,000, or such lesser amount as is advanced pursuant 
to the terms of the Credit Agreement, and the Pledgor has agreed to secure 
its obligations under the Credit Agreement to the Secured Party pursuant to 
the terms of this Pledge Agreement.

     NOW, THEREFORE, for and in consideration of the above premises, the 
mutual promises and covenants contained herein, and other good and valuable 
consideration, the receipt and sufficiency of which are hereby acknowledged, 
the Pledgor, the Custodian and the Lender agree as follows:

1.   THE PLEDGE.  The Pledgor does hereby pledge, hypothecate, assign, 
transfer to the Secured Party and grant the Secured Party a continuous and 
continuing security interest in and to all of its right, title and interest, 
now owned and hereinafter acquired, in and to the property described on 
SCHEDULE I attached hereto and made a part hereof, now or hereafter held by 
the Custodian pursuant to any agreement or account (the "Custodial 
Accounts"): 

     a.   All stocks, bonds, debentures, certificates of deposit, commercial
          paper, letters of credit, securities, whether certificated or
          uncertificated, United States Treasury bills and securities and other
          documents, instruments and obligations described on SCHEDULE I
          attached hereto, howsoever evidenced and where and howsoever held,
          whether by book entry, certificate or otherwise, in the physical
          possession of the Secured Party or the Custodian or in a Depository
          Trust Company or a Federal Reserve Bank in the name of or for the
          account of the Pledgor, Secured Party or Custodian or otherwise;

     b.   All securities, instruments, and other property, rights or interests
          of any description at any time issued or issuable as an addition to,
          in substitution or exchange for or with respect to the items described
          in subsection (a) above, including, without limitation, shares issued
          as dividends or as the result of any reclassification, split-up, or
          other corporate reorganization;

     c.   All cash, proceeds, revenues, profits, dividends, interest or other
          income or property, accrued and hereafter accruing, received,
          receivable or otherwise distributed in respect of, in exchange for or
          upon the sale or other disposition of any or all of the property
          described in subsections (a) and (b) above;

     d.   Property of every kind and description in which the Pledgor has or may
          acquire an interest, now or hereafter in the control of the Secured
          Party for any reason, including, without limitation, instruments,
          money, documents or other property deposited with or delivered to the
          Secured Party as collateral, for safekeeping or for collection or
          exchange for other property, and all dividends and distributions on,
          or other rights in connection with such 

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          property; and all general intangibles (as defined in the Minnesota 
          Uniform Commercial Code), now owned or hereafter acquired by the 
          Pledgor; and

     e.   All records, books, ledgers, computer tapes, disks, printouts and
          other information in whatsoever form with respect to any of the
          collateral described in subsections (a), (b), (c) and (d) above.

All of the above-described property shall be referred to herein as 
"Collateral".

2.   SECURITY INTEREST PARAMOUNT.  The Pledgor hereby directs the Custodian 
to recognize, and the Custodian hereby recognizes, that the pledge and 
security interest and the rights in the Collateral granted to the Secured 
Party hereunder are paramount and shall modify and supersede any obligations 
or agreements regarding the Collateral between the Pledgor and the Custodian.

3.   SECURED OBLIGATION.  The pledge and security interest granted herein is 
given to secure payment and performance of all and singular of the following 
(all of which are referred to collectively herein as the "Secured 
Obligation"):

     a.   That certain Promissory Note dated of even date herewith in the
          original principal amount of Five Million Dollars ($5,000,000)
          executed by Pledgor and payable to the order of Secured Party,
          together with each extension, renewal, modification, substitution and
          change in form thereof which may be from time to time and for any term
          or terms effected between the holder(s) and any party primarily
          obligated thereon without notice to other parties;

     b.   All of Pledgor's indebtedness, obligations and liabilities under that
          certain Credit Agreement (the "Credit Agreement") dated the date
          hereof between the Pledgor and the Secured Party, and all other
          indebtedness, obligations and liabilities of the Pledgor to Secured
          Party, including all future loans and advances, whether direct or
          indirect, absolute or contingent, joint or several, howsoever owned,
          held or acquired by the Secured Party and howsoever evidenced,
          presently existing and hereafter arising; and

     c.   All amounts expended or incurred by the Secured Party in exercising
          any rights or remedies consequent on any default, including without
          limitation, court costs, attorneys' fees and expenses in connection
          with the enforcement of this Pledge Agreement whether or not suit has
          been filed.

4.   DELIVERY OF SUBSTITUTE COLLATERAL.  The Pledgor shall deliver promptly 
to the Secured Party, in the exact form received, all securities and other 
property which comes into the possession, custody or control of such party or 
an agent thereof which has been issued as an addition to, substitution or 
exchange for, proceeds of or with respect to the Collateral, provided that 
all profits, dividends, interest and other income (but not principal or 
proceeds, which shall be paid to Secured Party pursuant to the terms of the 
Credit Agreement) distributed in respect of the Collateral may be received 
and retained by Pledgor unless an Event of Default has occurred and is 
continuing.

5.   PROXIES, STOCK POWERS, OTHER ENDORSEMENTS.  Upon demand by Secured 
Party, the Pledgor shall execute, assign, and endorse all proxies, 
applications, acceptances, stock powers, chattel paper, documents, 
instruments or other evidences of payment or writing constituting or relating 
to any of the Collateral.  All such assignments and endorsements shall be in 
form and substance satisfactory to the Secured Party and its counsel.

6.   ACTIONS NOT AFFECTING PLEDGE.  The Secured Party may (and the Secured 
Party is hereby authorized to make from time to time, without notice to 
anyone) without impairing or affecting the pledge and security interest 
granted hereby:

                                       2

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     a.   Sell, pledge, surrender, compromise, settle, release, renew, extend,
          grant an indulgence, alter, substitute, change, modify, or otherwise
          dispose of any of the Secured Obligation or any contract evidencing
          the same or any part thereof or any security therefor;

     b.   Accept additional security for or additional parties or other
          guarantors upon any of the Secured Obligation or release any portion
          of the Collateral or any maker, endorser, security or guarantor or
          other party liable on any portion of the Secured Obligation; and

     c.   Apply any and all payments it receives on account of the Secured
          Obligation and the proceeds of the Collateral or any other security
          therefor against any item or items of Secured Obligation as the
          Secured Party, in its sole discretion, may determine, whether the same
          shall then be due or not.

7.   WARRANTIES AND REPRESENTATIONS OF PLEDGOR.

     a.   POWER AND AUTHORITY TO PLEDGE.  Pledgor has full power and authority
          to execute and deliver this Pledge Agreement and to perform its
          obligations hereunder.

     b.   ENFORCEABILITY.  This Pledge Agreement is the legal, valid and binding
          obligation of Pledgor, enforceable against Pledgor according to its
          terms, subject only to bankruptcy, insolvency, moratorium,
          reorganization or similar laws, rulings or decisions at the time in
          effect affecting the enforceability of rights of creditors generally
          and to applicable equitable principles.

     c.   TITLE TO COLLATERAL.  Pledgor warrants and represents to Secured Party
          that it holds title to the Collateral free and clear of any liens,
          pledges or encumbrances, except liens or encumbrances in favor of
          Secured Party, and no financing statement or registration of pledge
          covering all or any part of the Collateral is on file in any public
          office or private office, except those in favor of Secured Party.

     d.   NO RESTRICTIONS.  Except as disclosed to the Secured Party in writing,
          the Collateral is not subject to a stockholder agreement, option
          agreement, buy-sell agreement or other restriction of any kind upon
          the sale thereof.  If all or any portion of the Collateral is subject
          to any stockholder agreement, buy-sell agreement, option agreement or
          other agreement of any kind, Pledgor shall furnish to Secured Party
          copies of all such agreements and any amendments, modifications, or
          supplements thereto.

     e.   SECURITY INTEREST IS CONTINUING.  The Pledgor agrees and acknowledges
          that the pledge and security interest granted hereby is a continuing
          security interest and shall continue in full force and effect
          notwithstanding that from time to time no Secured Obligation may
          exist.  Except as expressly provided herein, the Secured Party shall
          release its interest in the Collateral only upon payment in full of
          all Secured Obligation and termination of any and all obligations of
          the Secured Party to make advances to or on behalf of the Pledgor
          under the Credit Agreement or any other document.

8.   EVENTS OF DEFAULT.  An Event of Default as defined in the Credit 
Agreement shall constitute an "Event of Default" hereunder.

9.   SECURED PARTY'S RIGHT TO SELL COLLATERAL.  Upon the occurrence and 
during the continuance of an Event of Default, the Secured Party shall be 
entitled to sell any or all of the Collateral, without prior demand or notice 
and without notice of the time or place of sale, all of which are hereby 
expressly waived to the extent allowed by law.  Such sale(s) may be made, at 
the Secured Party's sole and exclusive discretion, on any Exchange or other 
market where such business is then transacted, or at public auction or 
private sale, with or without advertising.  The Pledgor hereby expressly 
authorizes the 

                                     3

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Secured Party, after the occurrence of and during the continuance of an Event 
of Default, to sell any or all of the Collateral through one or more of the 
Custodial Accounts without first registering the Collateral in the Secured 
Party's name, provided, however, that the Secured Party may, in its sole 
discretion, after the occurrence of and during the continuance of an Event of 
Default, cause all or any portion of the Collateral to be registered in its 
name and to receive all dividends, interest and other distributions thereon 
and apply the same to the Secured Obligation in such order as it shall deem 
appropriate.  The Secured Party may limit such sales to purchasers who are 
acquiring for investment and not with any view to distribution and may 
condition any such sale or sales upon restrictions against future transfers 
to the extent that the Secured Party or counsel for the Secured Party shall 
deem necessary to protect the Lender from any liability under the Securities 
Act of 1933, the Securities Exchange Act of 1934, the Minnesota securities 
laws, and any like or similar laws now or hereafter in effect.  Upon the 
occurrence and during the continuance of an Event of Default under the Credit 
Agreement and exercise of the Secured Party's rights under this SECTION 9, 
all of the Pledgor's rights, title and interest in and to the Custodial 
Accounts with respect to the Collateral shall terminate and any agreements 
between the Pledgor and the Custodian with respect thereto shall be null and 
void.

10.  WAIVER OF REDEMPTION; NO LIABILITY FOR VALUE DECLINE.  Any and all 
sale(s) of Collateral held by the Secured Party pursuant to SECTION 9 above 
shall be free from any right of redemption, which is hereby expressly waived 
by the Pledgor.  In addition, the Secured Party shall have no liability for 
any increase or decrease in the value of any of the Collateral at any time.

11.  APPLICATION OF SALES PROCEEDS.  The proceeds of the sale(s) of the 
Collateral under SECTION 9 above shall be applied as follows:

     a.   First, to the payment of all expenses incurred by the Secured Party
          hereunder, including all costs and expenses of collection, whether or
          not a suit has been filed, including but not limited to, all sales
          commissions, brokers' fees and reasonable attorneys' fees;

     b.   Second, to the satisfaction of the Secured Obligation in such order as
          the Secured Party in its sole discretion shall determine;

     c.   Third, to the payment of any other amounts required by applicable law
          (including, but without limitation, Section 336.9-504(1)(c) of the
          Minnesota Uniform Commercial Code); and

     d.   Fourth, any balance then remaining shall be paid to the Pledgor,
          unless it is the subject of tax lien or levy, attachment, restraining
          order, injunction or other such distraint.

12.  DEFICIENCY.  If the Secured Obligation is not satisfied in full by the 
proceeds of the sale(s) of any or all of the Collateral, the Pledgor shall 
remain liable thereon and the Secured Party may recover any deficiency 
therefrom.

13.  RIGHTS CUMULATIVE.  All remedies of the Secured Party hereunder are in 
addition to any remedies afforded the Secured Party under the Note, the 
Credit Agreement or any other document or under law.  All remedies are 
cumulative and may be exercised by the Secured Party concurrently or 
consecutively.  No failure or omission of the Secured Party to exercise any 
such right or remedy shall constitute a waiver thereof.

14.  CUSTODIAN AS AGENT FOR SECURED PARTY.  By delivery of this fully 
executed Pledge Agreement to the Custodian, the Pledgor notifies the 
Custodian that the Collateral in the Custodial Accounts described in SECTION 
1 hereof is subject to the pledge and security interest of the Secured Party 
granted hereby in the Collateral is now and shall be held by the Custodian as 
agent for the Secured Party for the purposes of perfecting and enforcing the 
pledge and security interests granted to the Secured Party hereunder and 
disposing of the Collateral pursuant to the terms hereof.  

                                       4

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15.  DUTY OF CARE.  The Custodian shall be deemed to have exercised 
reasonable care in the custody and preservation of the Collateral by 
accounting for all money and things of value received by it upon or in 
respect thereof.  In addition, the Secured Party shall not be required to 
take any steps necessary to preserve any rights in the Collateral against 
prior parties or to protect, preserve or maintain any security interest given 
to secure the Collateral. Further, neither the Custodian nor the Secured 
Party shall be obligated to take any action to exercise any rights, warrants, 
puts, calls or other options in respect of any Collateral, to present any 
coupons for payment to effect redemption of, or make any presentment, 
protest, notice of protest, notice of dishonor upon any Collateral or 
otherwise protect any optional right or rights thereon.

16.  PLEDGE AGREEMENT GOVERNS.  The provisions of any custodial or brokerage 
agreement between the Custodian and the Pledgor which are not consistent with 
the terms and provisions of this Pledge Agreement and the rights and 
interests of the Secured Party granted hereunder with respect to the 
Collateral shall be suspended and be of no force and effect so long as this 
Pledge Agreement remains in effect.

17.  ACCOUNT FEES; INDEMNIFICATION OF SECURED PARTY.  All fees, costs and 
expenses due or to become due in connection with the maintenance of the 
Custodial Accounts shall at all times remain the responsibility of the 
Pledgor, without charge to the Secured Party, and the Secured Party shall 
have no liability whatsoever in the event of a dispute or claim by the 
Custodian against the Pledgor upon any matter arising out of, or related to, 
any of the Custodial Accounts.

18.  INDEMNIFICATION.  The Pledgor indemnifies and holds the Secured Party 
harmless from any and all claims, causes of action, suits, controversies, 
executions and demands whatsoever, in law or equity, by or on behalf of each 
of them or any third party, arising from or in connection with the Collateral 
or the Custodial Accounts by virtue of the pledge and security interest 
granted to the Secured Party hereunder.

19.  NO RIGHT TO TERMINATE OR MODIFY.  The Pledgor and Custodian shall not be 
entitled to amend, modify, terminate or otherwise change the terms of the 
Custodial Agreements with respect to the Collateral except as expressly set 
forth herein without the prior written consent of the Secured Party to the 
specific change or modification requested which consent shall be limited to 
that specific request only.

20.  NO OTHER PLEDGE, SET-OFF OR ASSIGNMENT.  The Custodian shall not allow 
any assignment, pledge or security interest in favor of itself or any other 
party to attach to any of the Collateral, except those in favor of the 
Secured Party without the express written consent of the Secured Party nor 
shall it exercise any right of set-off it may have or debit any of the 
Collateral in respect of any claim it may assert against the Pledgor.

21.  ATTORNEY-IN-FACT.  The Secured Party is authorized and is hereby 
appointed as attorney-in-fact for the Pledgor for the purpose of executing 
all stock certificates, stock or bond powers, coupons, releases, 
notifications of transfer or other evidence of redemption or transfer which 
may be required of the Pledgor to sell any or all of the Collateral at any 
time after an Event of Default has occurred and is continuing.  The Custodian 
is hereby empowered to guarantee any and all such signatures by the Secured 
Party as if made by the Pledgor.

22.  INDEMNIFICATION OF CUSTODIAN.  The Pledgor, jointly and severally if 
more than one, indemnifies, holds and saves the Custodian harmless of and 
from all claims, causes of action, suits, controversies, executions and 
demands whatsoever, in law or equity, by or on behalf of each of them or any 
third party arising from or in connection with Custodian's compliance with 
the terms of this Pledge Agreement, other than arising out of Custodian's 
gross negligence or willful misconduct.

                                      5

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23.  CUSTODIAL ACCOUNT REPORTS AND INFORMATION; CONTENTS OF ACCOUNT; NOTATION 
ON ACCOUNT.  The Pledgor hereby irrevocably authorizes and directs the 
Custodian to provide Secured Party with monthly information regarding 
Collateral in the Custodial Accounts through written or oral reports or 
direct computer access, as the Secured Party, in its sole discretion, shall 
request.  In addition, the Custodian is authorized and directed to furnish 
Secured Party with a copy of the monthly asset analysis it prepares with 
regard to Collateral in each of the Custodial Accounts as soon as the same 
shall become available, together with all other information and reports 
supplied to the Pledgor in connection with Collateral in each Custodial 
Account at the same time such information is furnished to such party.  
Custodian warrants to Secured Party that all assets listed on SCHEDULE I are 
held in the Custodial Accounts as of the date of this Agreement.  Custodian 
further warrants that it has marked its records to show the security interest 
in the Collateral in the Custodial Accounts in favor of Secured Party.

24.  DELIVERY OF COLLATERAL TO SECURED PARTY.  Upon notice from the Secured 
Party that it is exercising its rights under SECTION 9 of this Pledge 
Agreement, the Custodian shall (and is hereby irrevocably authorized and 
directed by the Pledgor) deliver to the Secured Party all of the Collateral 
together with all appropriate assignments and endorsements in blank or to the 
order of the Secured Party, whereupon the Custodial Agreements and the rights 
of the parties thereunder with respect to the Collateral shall terminate and 
be of no further effect; provided, however, that the Pledgor shall have sole 
liability for all fees and expenses in connection with the Custodial Accounts 
remaining unpaid as of the date of such termination.

25.  HOLDING OF COLLATERAL.  All Collateral shall be held by the Custodian in 
one of these ways:

     a.   As a physical certificate in the Custodian's possession.  It shall
          either be a bearer certificate or shall be in the name of or endorsed
          to the Custodian or its nominee.

     b.   As an uncertificated or book-entry security registered on the books of
          the issuer of the security or of a Federal Reserve Bank in the name or
          nominee name of the Custodian for the benefit of its customers.

     c.   As an asset in an account of the Custodian with a clearing corporation
          containing only customer securities.

     d.   As an asset held in the Custodian's name with a bank, trust company or
          registered broker-dealer that has delivered to the Custodian a written
          confirmation of the Custodian's ownership of that asset.

26.  TREATMENT OF FINANCIAL ASSETS.  The Custodian and Pledgor agree that 
each asset consisting of Collateral now or later held in the Custodial 
Account(s) shall be treated as a "financial asset" under the Uniform 
Commercial Code.  That agreement is made for the benefit of the Secured 
Party, and cannot be canceled or changed without the written consent of the 
Secured Party.

27.  MISCELLANEOUS.

     a.   WAIVERS, AMENDMENTS.  The provisions of this Pledge Agreement may from
          time to time be amended, modified, or waived, if such amendment,
          modification or waiver is in writing and signed by the Secured Party,
          and as to amendments and modifications by Pledgor and Custodian.  No
          failure or delay on the part of the Secured Party in exercising any
          power or right hereunder shall operate as a waiver thereof, nor shall
          any single or partial exercise of any such power or right preclude any
          other or further exercise thereof or the exercise of any other power
          or right.  No notice to or demand on the Pledgor in any case shall
          entitle it to any notice or demand in similar or other circumstances.

                                           6

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     b.   NOTICES.  All communications and notices provided under this Pledge
          Agreement shall be in writing and addressed or delivered to the
          parties hereto at their respective addresses set forth below, or to
          any party at such other address as may be designated by such party in
          a notice to the other parties.  Any notice shall be deemed given upon
          the first Business Day after the placing thereof in the United States
          mail, postage prepaid, if addressed as follows:

          Pledgor:
          Lifecore Biomedical, Inc.
          3515 Lyman Boulevard
          Chaska, Minnesota 55318
          
          Secured Party:
          First Bank National Association
          300 Prairie Center Drive
          Eden Prairie, Minnesota 55344
          
          Custodian:
          Norwest Investment Services, Inc.
          608 Second Avenue South
          Minneapolis, Minnesota 55479

     c.   COSTS AND EXPENSES.  The Pledgor agrees to reimburse the Secured Party
          upon demand for, all reasonable out-of-pocket expenses (including
          attorneys fees and legal expenses) in connection with the Secured
          Party's enforcement of the obligations of the Pledgor hereunder,
          whether or not suit is commenced including, without limitation,
          attorneys fees, and legal expenses in connection with any appeal of a
          lower court's order or judgment.  The obligations of the Pledgor under
          this SECTION 25c shall survive any termination of this Pledge
          Agreement.

     d.   SEVERABILITY.  Any provision of this Pledge Agreement which is
          prohibited or unenforceable in any jurisdiction shall, as to such
          jurisdiction, be ineffective to the extent of such portion or
          unenforceability without invalidating the remaining provisions of this
          Pledge Agreement or affecting the validity or enforceability of such
          provisions in any other jurisdiction.

     e.   CROSS-REFERENCES.  References in this Pledge Agreement or in any
          document executed in connection herewith to any Section are, unless
          otherwise specified, to such Section of this Pledge Agreement.

     f.   HEADINGS.  The various headings of this Pledge Agreement are inserted
          for convenience only and shall not affect the meaning or
          interpretation of this Pledge Agreement or any provisions hereof.

     g.   GOVERNING LAW; VENUE.  This Pledge Agreement shall be deemed to be a
          contract made under and governed by the laws of the State of
          Minnesota.  The parties hereto each consents to the personal
          jurisdiction of the state and federal courts located in the State of
          Minnesota in connection with any controversy related to this Pledge
          Agreement, waives any argument that venue in such forums is not
          convenient and agrees that any litigation instigated by any party
          hereto against the Secured Party in connection herewith shall be
          venued in either the State or Federal District Courts for the District
          of Minnesota.

     h.   RECITALS INCORPORATED.  The recitals to this Pledge Agreement are
          incorporated into and constitute an integral part of this Pledge
          Agreement.

                                           7

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     i.   MULTIPLE COUNTERPARTS.  This Pledge Agreement may be executed in one
          or more counterparts, each of which shall be deemed to be an original
          and all of which shall constitute one and the same instrument.

     j.   AGREEMENT BINDING.  This Pledge Agreement shall be binding upon the
          beneficiaries, heirs, estates, personal representatives, successors
          and assigns of the Pledgor and the death, insolvency, bankruptcy,
          release of the Pledgor shall not release or discharge any other
          borrower, endorser, or guarantor from liability hereunder; provided,
          however, that the rights of the Pledgor hereunder may not be assigned
          without the prior written consent of the Secured Party.

     k.   SURVIVAL OF REPRESENTATIONS.  All covenants, agreements,
          representations and warranties made herein shall survive the execution
          and delivery of this Pledge Agreement.
                                          
                              [Signature page follows]
                                          

                                          8

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     IN WITNESS WHEREOF, the parties hereto have executed this Pledge 
Agreement on the day and year first above written.

                                   PLEDGOR:
                                   LIFECORE BIOMEDICAL, INC.

                                   By:  /s/ Dennis J. Allingham       
                                       ---------------------------------------
                                   Name: Dennis J. Allingham
                                   Title: Executive Vice President and Chief
                                            Financial Officer
                                   
                                   
                                   SECURED PARTY:
                                   FIRST BANK NATIONAL ASSOCIATION

                                   By:  /s/ Therese L. Knutson        
                                      ----------------------------------------
                                   Name: Therese L. Knutson
                                   Title: Vice President
                                   
                                   
                                   CUSTODIAN:
                                   NORWEST INVESTMENT SERVICES, INC.
                                   
                                   By:       /s/  BeBe Gersbach             
                                      ----------------------------------------
                                   Name:     BeBe Gersbach                 
                                         -------------------------------------
                                   Title:    Vice President                
                                         -------------------------------------

                                          9

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                              SCHEDULE I
                                          
                                          
The Collateral consists of the following investment securities held at 
Norwest Investment Services, Inc. in account number 02142396:


                                            MATURITY      PAR
       SECURITY                 CUSIP         DATE       VALUE

CIT GROUP HOLDINGS INC        125569DH3      4/30/98   1,000,000
INTL LEASE FINANCE MED TERM   45974VPA0      5/1/98    1,000,000
ASSOC CORP N.A.               046003FH7      8/15/98   1,000,000
FORD MTR CR MTN BE            345402BG5      9/8/97    2,000,000
INTL LEASE FIN CORP           459745AK1      10/1/98   1,000,000