TOSCO FINANCING TRUST
Prospectus Supplement dated March 2, 1998
to the Prospectus dated March 26, 1997
The Selling Holders selling Offered Securities pursuant to this Prospectus
Supplement and certain information concerning the sale of the Offered Securities
are as follows:
Number of Offered
Selling Holder Offered Securities Owned Securities to be Sold
Fidelity Financial Trust: 429,000 429,000
Fidelity Convertible
Securities Fund*
Fidelity Hastings Street 258,200 258,200
Trust: Fidelity Fund*
Fidelity Devonshire Trust: 76,600 76,600
Fidelity Equity-Income Fund*
Fidelity Puritan Trust: 13,900 13,900
Fidelity Balanced Fund*
Fidelity Advisor Series J: 3,200 3,200
Fidelity Advisor Growth &
Income Fund*
Fidelity Management Trust Company 14,800 14,800
on behalf of accounts managed by it**
Variable Insurance Products Fund III: 8,700 8,700
Growth & Income Portfolio*
Total 804,400 804,400
* The entity is either an investment company or a portfolio of an
investment company registered under Section 8 of the Investment Company Act of
1940, as amended, or a private investment account advised by Fidelity Management
& Research Company ("FMR Co."). FMR Co. is a Massachusetts corporation and an
investment advisor registered under Section 203 of the Investment Advisers Act
of 1940, as amended, and provides investment advisory services to each of such
Fidelity entities identified above, and to other registered investment companies
and to certain other funds which are generally offered to a limited group of
investors. FMR Co. is a wholly-owned subsidiary of FMR Corp. ("FMR"), a
Massachusetts corporation. THE HOLDINGS ARE AS OF FEBRUARY 24, 1998.
** Shares indicated as owned by such entity are owned directly by various
private investment accounts, primarily employee benefit plans for which Fidelity
Management Trust Company ("FMTC") serves as trustee or managing agent. FMTC is a
wholly-owned subsidiary of FMR and a bank as defined in Section 3(a)(6) of the
Securities Exchange Act of 1934, as amended. THESE HOLDINGS ARE AS OF FEBRUARY
24, 1998.
Because the Selling Holders may offer all or some portion of the above
referenced security pursuant to this Prospectus or otherwise, no estimate can be
given as to the amount or percentage of such securities that will be held by the
Selling Holders upon termination of any such sale. In addition, the Selling
Holders identified above may have sold, transferred or otherwise disposed of all
or a portion of such securities since February 24, 1998 in transactions exempt
from the registration requirements of the Securities Act of 1933. The Selling
Holders may sell all, part or none of the securities listed above.
The above-listed securities will be sold to purchasers by the Selling
Holders. There are no special arrangements or agreements with any
brokers/dealers regarding the sale of the Offered Securities. The Selling
Holders do not have, and during the past three years have not had, any material
relationship with Tosco Corporation or any of its affiliates.
The Date of this Prospectus Supplement is March 2, 1998
