Prospectus Supplement No. 1 dated June 1, 2000 to the Prospectus of Colonial
Commercial Corp., dated October 2, 1997 (the "Prospectus") included in
Registration Statement on Form S-8, No. 333-37025.
Capitalized terms used herein and not defined herein have the meanings
given in the Prospectus. The information in the following paragraph replaces the
corresponding information included under "Selling Shareholders."
SELLING SHAREHOLDERS
The securities covered by the 1996 Plan and the 1986 Plan are being
offered on behalf of the following current directors and officers of the
Company.
<TABLE>
<CAPTION>
Securities Owned Before Securities to be Securities Owned After
----------------------- ---------------- ----------------------
Name and Address Offering (1) Sold Offering(1)
---------------- ------------ ---- -----------
<S> <C> <C> <C>
Gerald Deutsch (2) 15,000 12,000 3,000
William Koon (3) 23,082 12,000 11,082
Bernard Korn (4) 137,561 87,000 50,561
Donald K. MacNeill (5) 20,500 20,500 0
Ronald Miller (6) 12,000 12,000 0
Jack Rose (7) 31,196 12,000 19,196
Paul Selden (8) 50,365 45,000 5,365
James W. Stewart (9) 49,000 45,000 4,000
Carl L. Sussman (10) 55,257 12,000 43,257
<FN>
(1) Excludes shares of the Company's voting Convertible Preferred Stock.
(2) Mr. Deutsch is a director of the Company. Includes 2,000 shares owned
by Mr. Deutsch's wife, of which shares Mr. Deutsch disclaims beneficial
ownership.
(3) Mr. Koon is a director of the Company. Includes 10,600 shares owned by
Mr. Koon's wife, of which shares Mr. Koon disclaims beneficial
ownership.
(4) Assuming the exercise and sale of all options registered hereunder,
after this offering Mr. Korn would hold approximately 3.2% of the
Company's outstanding Common Stock. Mr. Korn is President and a
director of the Company.
(5) Mr. MacNeill is a director of the Company.
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(6) Mr. Miller is a director of the Company.
(7) Assuming the exercise and sale of all options registered hereunder,
after this offering Mr. Rose would hold approximately 1.2% of the
Company's outstanding Common Stock. Mr. Rose is a director of the
Company.
(8) Mr. Selden is President of Atlantic Hardware and Supply Corp., a wholly
owned subsidiary of the Company, and a director. Includes 2,915 shares
owned by Mr. Selden's wife, of which shares Mr. Selden disclaims
beneficial ownership.
(9) Mr. Stewart is Executive Vice President, Chief Financial Officer and a
director of the Company.
(10) Assuming the exercise and sale of all options registered hereunder,
after this offering Mr. Sussman would hold approximately 2.8% of the
Company's outstanding Common Stock. Mr. Sussman is a director of the
Company.
</FN>
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