Filed Pursuant to Rule 424(b)(5)
Registration No. 33-50099
PROSPECTUS SUPPLEMENT
(To Prospectus dated November 22, 1993)
EASTERN UTILITIES ASSOCIATES
1,500,000 Common Shares
($5 Par Value)
This Prospectus Supplement relates to the Prospectus dated
November 22, 1993 prepared for use in connection with the
continuing program of acquisitions by EUA Cogenex Corporation
("EUA Cogenex"), a wholly-owned subsidiary of Eastern Utilities
Associates ("EUA"). Such Prospectus provides for the exchange by
EUA of up to 1,500,000 Common Shares of EUA in exchange for
shares of capital stock, partnership interests or other assets
representing an interest, direct or indirect, in other companies
or other entities which EUA Cogenex may acquire. Such Prospectus
also provides for the resale of Common Shares received by
affiliates of a company acquired by EUA Cogenex.
Highland Energy Group, Inc., a Colorado corporation
("Highland"), was acquired indirectly by EUA Cogenex on May 1,
1995 through a merger of Highland with and into EUA Acquisition
Corporation, a wholly-owned subsidiary of EUA Cogenex. Thomas H.
Stoner, Jr. ("Stoner"), an affiliate of Highland, received
beneficial ownership of 20,950 Common Shares of EUA in exchange
for shares of the capital stock of Highland. This Prospectus
Supplement provides for the sale by Stoner, who resides at 121
Leonards Road, Boulder, CO 80302, from time to time of up to
20,950 shares of EUA.
THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY
THE SECURITIES AND EXCHANGE COMMISSION OR ANY STATE
SECURITIES COMMISSION NOR HAS THE SECURITIES AND
EXCHANGE COMMISSION OR ANY STATE SECURITIES
COMMISSION PASSED UPON THE ACCURACY
OR ADEQUACY OF THIS PROSPECTUS.
ANY REPRESENTATION TO THE
CONTRARY IS A CRIMINAL
OFFENSE.
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The date of this Prospectus Supplement is December 6, 1996.
