As filed with the Securities and Exchange Commission on April 21, 1997 SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 --------------------- FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 15, 1997 Exact name of Registrant as Commission specified in its charter, address State of I.R.S. Employer File No. of principal executive offices, telephone Incorporation Identification No. 1-8349 FLORIDA PROGRESS CORPORATION Florida 59-2147112 One Progress Plaza St. Petersburg, Florida 33701 Telephone (813) 824-6400 1-3274 FLORIDA POWER CORPORATION Florida 59-0247770 3201 34th Street South St. Petersburg, Florida 33711 Telephone (813) 866-5151 The address of neither registrant has changed since the last report. This combined Form 8-K represents separate filings by Florida Progress Corporation and Florida Power Corporation. Information contained herein relating to an individual registrant is filed by that registrant on its own behalf. Florida Power makes no representations as to the information relating to Florida Progress' diversified operations. Item 5. Other Events In light of ongoing securities offerings by Florida Progress Corporation ("Florida Progress") and its subsidiaries, including Florida Power Corporation ("Florida Power") and Progress Capital Holdings, Inc., the following information is being presented pending distribution of the combined Florida Progress and Florida Power Quarterly Report on Form 10-Q for the period ended March 31, 1997: Earnings. Florida Progress issued an Investor News report and a media News Release each dated April 17, 1997 reporting 1997 first quarter earnings. A copy of the Investor News report and the media News Release are being furnished herewith as Exhibit 99.(a) and 99.(b), respectively. Tiger Bay. Florida Progress issued an identically worded Investor News report and a media News Release each dated April 16, 1997 reporting a joint motion submitted to the Public Service Commission supporting the purchase of the Tiger Bay Cogen Plant. A copy of the Investor News report is being furnished herewith as Exhibit 99.(c). Mid-Continent. Florida Progress issued an identically worded Investor News report and media News Release each dated April 15, 1997 reporting the seizure of Mid-Continent Life Insurance Company by the insurance commissioner of the state of Oklahoma. A copy of the Investor News report is being furnished herewith as Exhibit 99.(d). Item 7. Financial Statements and Exhibits (c) Exhibits: Exhibit Number (by reference to Item 601 of Regulation S-K) Description of Exhibit 99.(a) Florida Progress Investor News report dated April 17, 1997 reporting 1997 first quarter earnings. 99.(b) Florida Progress media News Release dated April 17, 1997 reporting 1997 first quarter earnings. 99.(c) Florida Progress Investor News report dated April 16, 1997 reporting a joint motion submitted to the Public Service Commission supporting the purchase of the Tiger Bay Cogen Plant. 99.(d) Florida Progress Investor News report dated April 15, 1997 reporting the seizure of Mid-Continent Life Insurance Company by the insurance commissioner of the state of Oklahoma. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, each registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FLORIDA PROGRESS CORPORATION FLORIDA POWER CORPORATION /s/Jeffrey R. Heinicka By:____________________________ Jeffrey R. Heinicka Senior Vice President and Chief Financial Officer of each Registrant Date: April 21, 1997 EXHIBIT INDEX Exhibit No. Description of Exhibit 99.(a) Florida Progress Investor News report dated April 17, 1997 reporting 1997 first quarter earnings. 99.(b) Florida Progress media News Release dated April 17, 1997 reporting 1997 first quarter earnings. 99.(c) Florida Progress Investor News report dated April 16, 1997 reporting a joint motion submitted to the Public Service Commission supporting the purchase of the Tiger Bay Cogen Plant. 99.(d) Florida Progress Investor News report dated April 15, 1997 reporting the seizure of Mid-Continent Life Insurance Company by the insurance commissioner of the state of Oklahoma.