What on earth are you trying to do and why? The LOV on a profile could be doing anything - why do you need to have the display value?
If you are migrating profiles from one environment to another then use FNDLOAD.
FNDLOAD user/pass 0 Y DOWNLOAD $FND_TOP/patch/115/import/afscprof.lct filename.ldt PROFILE PROFILE_NAME=profile_option_name
FNDLOAD user/pass 0 Y UPLOAD $FND_TOP/patch/115/import/afscprof.lct filename.ldt