UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                              ---------------------
                                   FORM 10-K/A


     [X]   ANNUAL REPORT  PURSUANT TO SECTION 13 OR 15(D) OF THE  SECURITIES
           EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 1999.

     [ ]   TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES
           EXCHANGE ACT OF 1934
           FOR THE TRANSITION PERIOD FROM              TO

                         COMMISSION FILE NUMBER 01-19203
                             -----------------------

                           PLM EQUIPMENT GROWTH FUND V
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)


             CALIFORNIA                                   94-3104548
     (State or other jurisdiction of                   (I.R.S. Employer
  incorporation or organization)                      Identification No.)

 ONE MARKET, STEUART STREET TOWER
   SUITE 800, SAN FRANCISCO, CA                           94105-1301
     (Address of principal                                (Zip code)
       executive offices)


        Registrant's telephone number, including area code (415) 974-1399
                             -----------------------

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports)  and  (2)  has  been  subject  to such  filing
requirements for the past 90 days. Yes X No ______

Aggregate market value of voting stock:  N/A

An index of exhibits filed with this Form 10-K/A is located on page 3.

Total number of pages in this report:  17.


<PAGE>




                                     PART IV

ITEM 14.   EXHIBITS, FINANCIAL STATEMENT SCHEDULES, AND REPORTS ON FORM 8-K

     (A) 1.    Financial Statements

               The  financial  statements  listed in the  accompanying  Index to
               Financial  Statements  are filed as part of this Annual Report on
               Form 10-K/A.

         2.    Financial Statements required under Regulation S-X Rule 3-09

               The following financial  statements are filed as Exhibits of this
Annual Report on Form 10K/A:

               a. Montgomery Partnership
               b. TAP Trust

     (B) Reports on Form 8-K

         None.

     (C) Exhibits

         4.    Limited  Partnership  Agreement of  Partnership.  Incorporated by
               reference to the Partnership's Registration Statement on Form S-1
               (Reg. No.  33-32258),  which became effective with the Securities
               and Exchange Commission on April 11, 1990.

         10.1  Management  Agreement  between  Partnership  and  PLM  Investment
               Management,  Inc.  incorporated by reference to the Partnership's
               Registration  Statement on Form S-1 (Reg.  No.  33-32258),  which
               became  effective with the Securities and Exchange  Commission on
               April 11, 1990.

         10.2  Loan  Agreement,  amended and restated as of  September  26, 1996
               regarding  Senior  Notes due  November 8, 1999.  Incorporated  by
               reference to the  Partnership's  Annual Report on Form 10-K filed
               with the Securities and Exchange Commission on March 18, 1997.

         10.3  Amendment  No. 1 to the Amended  and  Restated  $38,000,000  Loan
               Agreement,  dated  as  of  December  29,  1997.  Incorporated  by
               reference to the  Partnership's  Annual Report on Form 10-K filed
               with the Securities and Exchange Commission on March 31, 1998.

24.      Powers of Attorney.

         Financial Statements required under Regulation S-X Rule 3-09:

         99.1  Montgomery Partnership.

         99.2  TAP Trust.




                     (This space intentionally left blank.)

 <PAGE>


                                   SIGNATURES

Pursuant to the  requirements of Section 13 or 15(d) of the Securities  Exchange
Act of 1934,  the  Partnership  has duly  caused this report to be signed on its
behalf by the undersigned thereunto duly authorized.

The Partnership has no directors or officers.  The General Partner has signed on
behalf of the Partnership by duly authorized officers.


Dated: August 28, 2000           PLM EQUIPMENT GROWTH FUND V
                                 PARTNERSHIP

                                 By:      PLM Financial Services, Inc.
                                          General Partner


                                 By:      /s/ Douglas P. Goodrich
                                          Douglas P. Goodrich
                                          President and Director


                                 By:      /s/ Richard K Brock
                                          Richard K Brock
                                          Vice President and
                                          Chief Financial Officer


Pursuant to the requirements of the Securities Exchange Act of 1934, this report
has been signed below by the following  directors of the  Partnership's  General
Partner on the dates indicated.


Name                    Capacity                        Date


*
Robert N. Tidball      Director, FSI                August 28, 2000


*
Douglas P. Goodrich    Director, FSI                August 28, 2000


*
Stephen M. Bess        Director, FSI                August 28, 2000


*Susan Santo,  by signing her name hereto,  does sign this document on behalf of
the persons indicated above pursuant to powers of attorney duly executed by such
persons and filed with the Securities and Exchange Commission.


/s/ Susan C. Santo
Susan C. Santo
Attorney-in-Fact

<PAGE>


                           PLM EQUIPMENT GROWTH FUND V

                                INDEX OF EXHIBITS



  Exhibit                                                               Page

     4.   Limited Partnership Agreement of Partnership.                   *

    10.1  Management  Agreement  between the  Partnership  and            *
          PLM  Investment Management, Inc.

    10.2  Amended and Restated $38,000,000 Loan Agreement, dated
          as of September 26, 1996.                                       *

    10.3  Amendment No. 1 to the Amended and Restated $38,000,000
          Loan Agreement, dated as of December 29, 1997.                  *

    24.   Powers of Attorney.                                            48-50

          Financial Statements required under Regulation S-X Rule 3-09:

    99.1  Montgomery Partnership.                                        51-60

    99.2  TAP Trust.                                                     61-68






















*Incorporated by reference.  See page 2 of this report.