Plasma waves have been detected within and around density depletions in the topside equatorial F region by the electric and magnetic field sensors of the Extremely Low Frequency Wave Analyzer (ELFWA) instrument which is part of the Low-Altitude Satellite Studies of Ionospheric Irregularities experiment on the Combined Release and Radiation Effects Satellite. The plasma waves include both electrostatic waves that have a small magnetic field component and electromagnetic waves propagating in the extraordinary mode. Thus they are not simply zero-frequency irregularities as generally assumed by previous investigators who were working without the benefit of high-sensitivity ac magnetic field measurements. The waves exhibit no resonances or cutoffs at characteristic frequencies of the plasma within the range of the ELFWA which is 2--125 Hz. They occur from late evening to early morning primarily at altitudes around 400--500 km. An example has been observed as high as 1500 km. The waves are associated with plasma depletions from a factor of 2 to a factor of 80 less than the surrounding density. The observations indicate that the waves are related to equatorial spread F.¿ 1997 American Geophysical Union