As filed with the Securities and Exchange Commission on December 3, 1998 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8 - K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 DATE OF REPORT - DECEMBER 3, 1998 NIAGARA MOHAWK POWER CORPORATION -------------------------------- (Exact name of registrant as specified in its charter) State of New York 1-2987 15-0265555 (State or other jurisdiction (Commission File Number) (I.R.S. Employer of incorporation) Identification No.) 300 Erie Boulevard West, Syracuse, N.Y. 13202 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code 315-474-1511 Item 5. Other Events - --------------------- (a) On December 3, 1998, the Company issued a press release regarding an agreement to sell its hydroelectric generating plants. See press release attached (Exhibit No. 99). Item 7. Financial Statements and Exhibits - ------------------------------------------ Exhibits. Following is the list of Exhibits furnished in accordance with the provisions of Item 601 of Regulation S-K, filed as part of this current report on Form 8-K. Exhibit 99 - Press release of registrant issued on December 3, 1998 relating to the Company's agreement to sell its hydroelectric generating plants. NIAGARA MOHAWK POWER CORPORATION AND SUBSIDIARY COMPANIES SIGNATURE --------- Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. NIAGARA MOHAWK POWER CORPORATION -------------------------------- (Registrant) Date: December 3, 1998 By /s/Steven W. Tasker ______________________________________ Steven W. Tasker Vice President-Controller and Principal Accounting Officer, in his respective capacities as such EXHIBIT INDEX ------------- Following is the index of Exhibits furnished in accordance with the provisions of Item 601 of Regulation S-K, filed as part of this current report on Form 8-K. Exhibit No. 99 - Press release of registrant issued on December 3, 1998 relating to the Company's agreement to sell its hydroelectric generating plants.