<PAGE> 1
Rule 424(b)(3)
Registration Statement No. 33-60441
Pricing Supplement No. 1 Dated August 30, 1995
(To Prospectus dated August 11, 1995 and Prospectus Supplement
dated August 15, 1995)
$45,000,000
SOUTHERN CALIFORNIA WATER COMPANY
MEDIUM-TERM NOTES, SERIES B
Due from Nine Months to Thirty Years from Date of Issue
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Principal Amount: $9,000,000.00 Trade Date: August 29, 1995
Price to Public: 100% Original Issue Date: September 1, 1995
Interest Rate Maturity Date: September 1, 2025
(per annum): 7.65%
Net Proceeds Agent's Commission: 0.750%
to Company: $8,932,500.00
Agent: A.G. Edwards & Sons, Inc.
Redeemable by the Company as follows:
On or after September 1, 2005, the Company may redeem the Medium-Term Notes
offered hereby at any time or some of them from time to time at the following
redemption prices (expressed in percentages of principal amount), plus accrued
interest to the redemption date.
If redeemed during the 12-month period beginning September 1,
<TABLE>
<CAPTION>
Year Percentage Year Percentage
---- ---------- ---- ----------
<S> <C> <C> <C>
2005 103.825 2011 101.530
2006 103.443 2012 101.148
2007 103.060 2013 100.765
2008 102.678 2014 100.383
2009 102.295 2015 100.000
2010 101.913
</TABLE>
and thereafter at 100.000%
Except in connection with the redemption rights noted above, no further
redemption rights are granted by the Indenture.
Type of Note (check one):
Book-entry Note X
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Certificated Note
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CUSIP No. 84250Q AP8
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