EXHIBIT 99.1
                                                             ------------

               PROXY FOR COMMON SHARES SOLICITED ON BEHALF OF
                 THE BOARD OF DIRECTORS FOR SPECIAL MEETING
            OF THE STOCKHOLDERS OF LABE FEDERAL BANK FOR SAVINGS
                       TO BE HELD ON _______ __, 1997
             __________________________________________________


        The undersigned hereby appoints the Board of Directors of Labe
   Federal Bank for Savings, with power of substitution, attorneys and
   proxies for and in the name and place of the undersigned, to vote the
   number of Common Shares that the undersigned would be entitled to vote
   if then personally present at the Special Meeting of the Stockholders
   of Labe Federal Bank for Savings, to be held at its main office on the
   ___ day of ______, 1997, at _____ __.m. local time, or any adjournment
   thereof, upon the matters as set forth in the Notice of Special
   Meeting and Proxy Statement/Prospectus, receipt of which is hereby
   acknowledged, as follows: 
   
             1.   The approval of the Merger Agreement, a copy of which
        is attached as APPENDIX  A to the accompanying Proxy
        Statement/Prospectus, pursuant to which Labe Federal Bank for
        Savings would become a wholly-owned subsidiary of LDF, Inc. and
        shares of Labe Federal Common Stock would be exchanged on a
        share-for-share basis for shares of LDF Common Stock, and
        to authorize such further action by the Board of Directors and
        proper officers of Labe Federal Bank for Savings as may be
        necessary or appropriate to carry out the foregoing objects,
        intents and purposes: 
    
             /__/ FOR            /__/ AGAINST        /__/ ABSTAIN

             2.   In accordance with their discretion, upon all other
        matters that may properly come before said Meeting and any
        adjournment thereof. 

   THIS PROXY WHEN PROPERLY EXECUTED WILL BE VOTED IN THE MANNER DIRECTED
   HEREIN BY THE UNDERSIGNED STOCKHOLDER.  IF NO DIRECTION IS MADE, THIS
   PROXY WILL BE VOTED FOR PROPOSAL 1. 


   Dated:_____________, 1997          ________________________________
                                      Signature of Stockholder

                                      ___________________________________
                                      Signature of Stockholder
                                      (if held jointly)

   NOTE:  Please date proxy and sign this proxy exactly as name or names
   appear below.  All joint owners of shares should sign.  State full
   title when signing as executor, administrator, trustee, guardian, etc. 

   Please return signed proxy in the enclosed envelope.