FORM N-8F

I.    GENERAL IDENTIFYING INFORMATION

1.    Reason fund is applying to deregister:

      [X]  MERGER
      [ ]  LIQUIDATION
      [ ]  ABANDONMENT OF REGISTRATION
      [ ]  Election of status as a BUSINESS DEVELOPMENT COMPANY

2.    Name of fund: Lincoln National Special Opportunities Fund, Inc.

3.    Securities and Exchange Commission File No: 811-03291

4.    Is this an initial Form N-8F or an amendment to a previously filed Form
      N-8F?

      [ ]  Initial Application                  [X]  Amendment

5.    Address of Principal Executive Office: 1300 South Clinton Street
                                             Fort Wayne, IN 46802

6.    Name, address, and telephone number of individual the Commission staff
      should contact with any questions regarding this form:

         The Lincoln National Life Insurance Company
         Colleen E. Tonn, Esq.
         1300 South Clinton Street
         Fort Wayne, IN 46802
         (260) 455-6918

7.    Name, address, and telephone number of individual or entity responsible
      for maintenance and preservation of fund records in accordance with rules
      31a-1 and 31a-2 under the Act [17 CFR 270.31a-1, .31a-2]:

         The Lincoln National Life Insurance Company
         1300 South Clinton Street
         Fort Wayne, IN 46802
         Phone: 260-455-2000

         Delaware Management Company
         Delaware Management Holdings, Inc.
         Delaware Service Company, Inc.
         One Commerce Square
         2005 Market Street
         Philadelphia, PA  19103
         Phone: 215-255-2300
         Phone: 303-333-3863

         Mellon Bank
         1735 Market Street, Suite 1735
         Philadelphia, PA 19103
         Phone: 215-553-2614



8.    Classification of fund:

      [X] Management company;
      [ ] Unit investment trust; or
      [ ] Face-amount certificate company.

9.    Subclassification if the fund is a management company:

      [X]  Open-end                             [ ]  Closed-end

10.   State law under which the fund was organized or formed: Maryland

11.   Provide the name and address of each investment adviser of the fund
      (including the sub-advisers) during the last five years, even if the
      fund's contracts with those advisers have been terminated:

                            Adviser:
                            Lincoln National Investment Management Company
                            200 E. Berry Street
                            Fort Wayne, IN  46802

                            Adviser:
                            Vantage Investment Advisers, a series of
                               Delaware Management Business Trust
                            2005 Market Street
                            Philadelphia, PA  19103

                            Adviser:
                            Delaware Management Company, a series of
                               Delaware Management Business Trust
                            2005 Market Street
                            Philadelphia, PA  19103

                            Sub-Adviser:
                            Vantage Global Advisers
                            630 5th Avenue
                            New York, NY 10111

                            Sub-Adviser:
                            Modern Portfolio Theory Associates, Inc.
                            630 5th Avenue
                            New York, NY  10111

12.   Provide the name and address of each principal underwriter of the fund
      during the last five years, even if the fund's contracts with those
      underwriters have been terminated: N/A

13.   If the fund is a unit investment trust ("UIT") provide:  N/A

      (a)   Depositor's name(s) and address(es)
      (b)   Trustee's name(s) and address(es)



14.   Is there a UIT registered under the Act that served as a vehicle for
      investment in the fund (e.g., an insurance company separate account)?

      [X]  Yes                                  [ ]  No

      If Yes, for each UIT state:
            Name(s):
            File No.:



NAME:                                                                                  FILE NO.:
-----                                                                                  ---------
                                                                                    
Lincoln National Variable Annuity Account C                                            811-03214
Lincoln Life Flexible Premium Variable Life Account D                                  811-04592
Lincoln Life Flexible Premium Variable Life Account G                                  811-05585
Lincoln Life Flexible Premium Variable Life Account K                                  811-08412
Lincoln Life Variable Annuity Account Q                                                811-08569


            Business Address: 1300 S. Clinton Street
                              Fort Wayne, IN 46802

15.   (a)   Did the fund obtain approval from the board of directors concerning
            the decision to engage in a Merger, Liquidation or Abandonment of
            Registration?

            [X]  Yes                            [ ]  No

            If Yes, state the date on which the board vote took place: August
            12, 2002

            If No, explain:

      (b)   Did the fund obtain approval from the shareholders concerning the
            decision to engage in a Merger, Liquidation or Abandonment of
            Registration?

            [X]  Yes                            [ ]  No

            If Yes, state the date on which the shareholder vote took place:
            December 9, 2002

            If No, explain:

II.   DISTRIBUTIONS TO SHAREHOLDERS

16.   Has the fund distributed any assets to its shareholders in connection with
      the Merger of Liquidation?

      [X]  Yes                                  [ ]  No

      (a)   If Yes, list the date(s) on which the fund made those distributions:
            April 30, 2003

      (b)  Were the distributions made on the basis of net assets?

            [X]  Yes                            [ ]  No

(c)   Were the distributions made PRO RATA based on share ownership?

            [X]  Yes                            [ ]  No



      (d)   If No to (b) or (c) above, describe the method of distributions to
            shareholders. For Mergers, provide the exchange ratio(s) used and
            explain how it was calculated: The number of full and fractional
            acquiring fund shares issued to holders of the acquired fund shares
            was determined on the basis of the relative net asset values of the
            acquired fund and corresponding acquiring fund on the effective time
            of the reorganization. The number of acquiring fund shares issued to
            each holder of acquired fund shares was determined by multiplying
            the number of acquired fund shares to be exchanged by the
            stockholder by a fraction, the denominator of which is the net asset
            value per share of acquiring fund shares and the numerator of which
            is the net asset value per share of acquired fund shares.

      (e)   Liquidations only:
            Were any distributions to shareholders made in kind?

            [ ]  Yes                            [ ]  No

            If Yes, indicate the percentage of fund shares owned by affiliates,
            or any other affiliation of shareholders:

17.   Closed-end funds only: N/A
      Has the fund issued senior securities?

            [ ]  Yes                            [ ]  No

      If Yes, describe the method of calculating payments to senior security
      holders and distributions to other shareholders:

18.   Has the fund distributed all of its assets to the fund's shareholders?

      [X]  Yes                                  [ ]  No

      If No,
      (a)   How many shareholders does the fund have as of the date this form is
            filed?

      (b)   Describe the relationship of each remaining shareholder to the fund:

19.   Are there any shareholders who have not yet received distributions in
      complete liquidation of their interests? No

III.  ASSETS AND LIABILITIES

20.   Does the fund have any assets as of the date this form is filed?

      [ ]  Yes                                  [X]  No

      If Yes,
      (a)   Describe the type and amount of each asset retained by the fund as
            of the date this form is filed:

      (b)   Why has the fund retained the remaining assets?

      (c)   Will the remaining assets be invested in securities?



            [ ]  Yes                            [ ]  No

21.   Does the fund have any outstanding debts (other than face-amount
      certificates if the fund is a face-amount certificate company) or any
      other liabilities?

      [ ]  Yes                                  [X]  No

      If Yes,
      (a)   Describe the type and amount of each debt or other liability:

      (b)   How does the fund intend to pay these outstanding debts or other
            liabilities?

IV.   INFORMATION ABOUT EVENT(S) LEADING TO REQUEST FOR DEREGISTRATION

22.   (a)   List the expenses incurred in connection with the Merger or
            Liquidation:

            (i)   Legal expenses:                                  $32,038.00

            (ii)  Accounting expenses:

            (iii) Other expenses (list and identify separately):

                     Proxy Solicitation and Printing:              $10,863.00

            (iv)  Total expenses (sum of lines (i)-(iii) above:    $42,901.00

      (b)   How were these expenses allocated? The expenses pertaining to the
            reorganization were allocated to the Lincoln National Special
            Opportunities Fund, Inc., the acquired fund, prior to May 1, 2003.
            From May 1, 2003 to the present time, the expenses pertaining to
            the reorganization have been allocated to the acquiring fund,
            which is the Special Opportunities Fund, a series of the Lincoln
            Variable Insurance Products Trust.

      (c)   Who paid those expenses? Same as (b) above.

      (d)   How did the fund pay for unmerited expenses (if any)? None

23.   Has the fund previously filed an application for an order of the
      Commission regarding the Merger or Liquidation?

      [ ]  Yes                                  [X]  No

      If Yes, cite the release numbers of the Commission's notice and order or,
      if no notice or order has been issued, the file number and date the
      application was filed:

V.    CONCLUSION OF FUND BUSINESS

24.   Is the fund a party to any litigation or administrative proceedings?

      [ ]  Yes                                  [X]  No

      If Yes, describe the nature of any litigation or proceeding and the
      position taken by the fund in that litigation:



25.   Is the fund now engaged, or intending to engage, in any business
      activities other than those necessary for winding up its affairs?

      [ ]  Yes                                  [X]  No

      If Yes, describe the nature and extent of those activities:

VI.   MERGERS ONLY

26.   (a)   State the name of the fund surviving the Merger: Special
            Opportunities Fund, a series of the Lincoln Variable Insurance
            Products Trust

      (b)   State the Investment Company Act file number of the fund surviving
            the Merger: 811-08090

      (c)   If the merger or reorganization agreement have been filed with the
            Commission, state the file number(s), form type used and date the
            agreement was filed: File No: 811-03291; Form Type: DEF 14A; Date:
            10/9/2002

      (d)   If the merger or reorganization agreement has NOT been filed with
            the Commission, provide a copy of the agreement as an exhibit to
            this form.

                                  VERIFICATION

         The undersigned states that (i) he has executed this Form N-8F
application for order under section 8(f) of the Investment Company Act of
1940 on behalf of Lincoln National Special Opportunities Fund, Inc., (ii) he
is the Chief Accounting Officer and Assistant Vice President of Lincoln
National Special Opportunities Fund, Inc., and (iii) all actions by
shareholders, directors, and any other body necessary to authorize the
undersigned to execute and file this Form N-8F application have been taken.
The undersigned also states that the facts set forth in this Form N-8F
application are true to the best of his knowledge, information, and belief.

                                                     /s/ William P. Flory, Jr.
                                                     --------------------------
                                                     William P. Flory, Jr.