FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person *   S Prestley Blake 1988 Trust, u/d/t dated as of April 27, 1988, as amended 2. Date of Event Requiring Statement (Month/Day/Year) 12/29/2006 3. Issuer Name and Ticker or Trading Symbol FRIENDLY ICE CREAM CORP [FRN] (Last) (First) (Middle) 6799 S.E. SOUTH MARINA WAY 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) STUART, FL 34996 6. Individual or Joint/Group Filing(Check Applicable Line) ___ Form filed by One Reporting Person _X_ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Common Stock $0.01 par value 955,100 (1) D   Common Stock $0.01 par value 10,000 (2) I By the Helen D. Blake 1993 Trust

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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
S Prestley Blake 1988 Trust, u/d/t dated as of April 27, 1988, as amended 6799 S.E. SOUTH MARINA WAY STUART, FL 34996	Â	  X	Â	Â
Blake Helen D 6799 S.E. SOUTH MARINA WAY STUART, FL 34996	Â	  X	Â	Â

Signatures

/s/ S. Prestley Blake, as Trustee of the S. Prestley Blake 1988 Trust		03/07/2007
**Signature of Reporting Person		Date
/s/ Helen D. Blake		03/07/2007
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	On December 29, 2006, the SPB Family Limited Partnership was terminated and all shares were distributed pro rata to its partners. As a result of the termination, the S. Prestley Blake 1988 Trust acquired 955,100 shares. Mrs. Blake is a Trustee of the 1988 Trust and maybe deemed to be the beneficial owner of such securities. Mrs Blake disclaims beneficial ownership in these shares except to the extent of her pecuniary interest.
(2)	These shares are owned by the Helen D. Blake 1993 Trust, of which Helen D. Blake is the Trustee. Mrs. Blake disclaims beneficial ownership in these shares except to the extent of her pecuniary interest.

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