Filed Under Rule 424(b)(3)
Registration No. 333-48561
PRICING SUPPLEMENT NO. 2 DATED SEPTEMBER 30, 1998
(To Prospectus Dated March 30, 1998)
COLONIAL GAS COMPANY
SECURED MEDIUM TERM NOTES, SERIES B
Due from 9 months to 40 years from Date of Issue
(Fixed Rate)
Principal Amount: $10,000,000
Interest Rate: 5.50%
Interest Payment Record Dates: February 5 and August 5
Interest Payment Dates: February 15 and August 15
Original Issue Date: October 5, 1998
Maturity Date: October 6, 2003
Agents' Commission: $50,000
Net Proceeds to Company: $9,950,000
X These Notes cannot be redeemed by the Company prior to maturity
(except as provided in the Indenture).
These Notes may be redeemed, at the option of the Company, prior
to maturity.
