e424b5
 

Rule 424(b)(5)
Registration No. 333-104574

PRICING SUPPLEMENT NO. 1
Dated November 4, 2003

To Prospectus Dated April 24, 2003 (the “Prospectus”)

WASHINGTON GAS LIGHT COMPANY
MEDIUM-TERM NOTES, SERIES G
DUE ONE YEAR OR MORE FROM DATE OF ISSUE

Principal Amount: $37,000,000

     
[X] Fixed Rate Note
[X] Book Entry Note		   [ ] Floating Rate Note
[ ] Certificated Note

Issue Price (as a percentage of
   principal amount):                                      99.375 %

     
Original Issue Date:   November 7, 2003
     
Maturity Date:   November 7, 2013
     
Redemption:    
   
[X]  Optional Redemption:  
             Type: [X] Make-whole redemption
            Make-Whole Premium: 20 bps
  [ ] Other Redemption
            Initial Redemption Price:    ____________________
            Initial Redemption Date:    ____________________
            Percentage amount by which Initial Redemption Price
            decreases each year:    ____________________

[ ] Other Redemption
Type:  ____________________   
Redemption price:  ____________________   
Redemption dates: Each payment date beginning  ____________________   

 

 

Applicable Only to Fixed Rate Notes:

Interest Rate: 4.88%

Interest Payment Dates: March 15 and September 15

Applicable Only to Floating Rate Notes:

     
Base Rate:   Maximum Interest Rate: ____________________  
[  ] Commercial Paper Rate   Minimum Interest Rate: ____________________  
[  ] Prime Rate   Interest Reset Dates:     ____________________
[  ] CD Rate   Interest Reset Period:    ____________________
[  ] Federal Funds Effective Rate   Interest Payment Dates: ____________________  
[  ] LIBOR   Interest Payment Period:  ____________________ 
[  ] Treasury Rate   Interest Determination Dates:   ____________________ 
[  ] Other Rate    

Initial Interest Rate:   ____________________   
  Index Maturity:         ____________________ 
Spread (plus or minus): __________________   
      Spread Multiplier:     ____________________

This Pricing Supplement relates to the original issuance and sale by Washington Gas Light Company of the Medium-Term Notes, Series G, described herein through Banc One Capital Markets, Inc. as Agents.

Use of Proceeds: The net proceeds from Trade No. 1 will be used to fund the advance redemption of $36,000,000 principal amount and premium for early redemption of the company’s 6.95% Medium-Term Note Series B-11 due November 16, 2023.