<PAGE> 1
Filed Pursuant to Rule 424(b)(3)
Registration Statement No. 333-64845
PEOPLES HERITAGE FINANCIAL GROUP, INC.
SUPPLEMENT TO PROSPECTUS
DATED OCTOBER 19, 1998
This supplement ("Supplement") to the Peoples Heritage Financial Group,
Inc. (the "Company") prospectus dated October 19, 1998 (the "Prospectus")
supplements and amends the information set forth under the heading "Selling
Shareholders" in the Prospectus. This Supplement adds the following entity and
information about the number of shares of Common Stock owned and offered by such
entity to the table of Selling Shareholders listed in the Prospectus.
Capitalized terms used but not defined in this Supplement are used as defined in
the Prospectus.
Maximum Number Number of
of Shares to be Shares owned Number of Shares
Sold in the Prior to the Owned After the
Name Offering Offering Offering
- ------------------------- --------------- ------------ ----------------
Fidelity Investments 4,908 4,908 0
Charitable Gift Fund (1)
- ---------------
(1) Such entity acquired these shares of Common Stock by gift from a
former stockholder of Catalano subsequent to the Company's acquisition
of Catalano.
The Prospectus, together with this Prospectus Supplement, constitutes the
prospectus required to be delivered by Section 5(b) of the Securities Act of
1933, as amended, with respect to offers and sales of the Common Stock. All
references in the Prospectus to "this Prospectus" are hereby amended to read
"this Prospectus (as supplemented and amended)."
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.
THE DATE OF THIS SUPPLEMENT IS JANUARY 6, 1999.
