Pricing Supplement No. 12 Filing under Rule 424(b)(3)
Dated: October 31, 1994 Registration No. 33-55816
(To Prospectus, dated January 4, 1993,
as supplemented by Prospectus Supplement,
dated January 5, 1993)
$150,000,000
The Montana Power Company
Secured Medium-Term Notes
Principal Amount ($): $5,000,000 Original Issue
Date: November 7, 1994
Interest Rate (%): 7.60% Maturity Date: November 7, 1997
Issue Price (%): 100% Interest Payment Dates: May 1 and
November 1
Selling Agent's Commission (%): N/A Initial Interest
Purchasing Agent's Discount (%): .35% Payment Date: May 1, 1995
Net Proceeds to Company (%): 99.65% Record Dates: April 15 and
October 16
Reallowance (%): N/A Redeemable: Yes No X
Selling Concession (%): N/A ----- ------
Form: In Whole: Yes No X
Book-Entry (DTC) X ----- ------
----- In Part: Yes No X
Certificated ----- ------
----- Initial Redemption Date: N/A
Redemption Limitation Date: N/A
Redemption prices (if any): The Initial Redemption Price shall be N/A% of
----
the principal amount of such Notes to be redeemed and shall decline on each
anniversary of the Initial Redemption Date by a Reduction Percentage of
N/A% of the principal amount to be redeemed until the redemption price
---
shall be 100% of such principal amount.
Additional terms: N/A
N/A as used herein means "Not Applicable."
__________________________________________________________________________
Prior to the date of this Pricing Supplement, the Company has sold
$68,000,000 aggregate principal amount of the Secured Medium-Term Notes.
Effective August 5, 1994, The Bank of New York, as Corporate Trustee,
and W. T. Cunningham, as Individual Trustee, have succeeded Morgan Guaranty
Trust Company of New York and P. J. Crowley, respectively, as Trustees
under the Company's Mortgage and Deed of Trust, dated as of October 1,
1945, as amended and supplemented, pursuant to which the Secured Medium-
Term Notes are being issued.
THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE
SECURITIES AND EXCHANGE COMMISSION OR BY ANY STATE SECURITIES COMMISSION
NOR HAS THE SECURITIES AND EXCHANGE COMMISSION OR ANY STATE SECURITIES
COMMISSION PASSED UPON THE ACCURACY OR ADEQUACY OF THIS PRICING SUPPLEMENT.
ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
Selling Agent/Purchasing Agent:
( ) Goldman, Sachs & Co. ( ) Lehman Brothers Inc. (X) Morgan Stanley & Co.
Incorporated
