UNITIL CORP — Director's Dealing 2008

Feb 13, 2008

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: UNITIL CORP (UTL)
CIK: 0000755001
Period of Report: 2007-12-31

Reporting Person: Brock Laurence M (Controller & C.A.O.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-08-15	Common stock, no par value	J	13.986	$30.232	Acquired	0	Direct
2007-11-15	Common stock, no par value	J	16.486	$26.286	Acquired	0	Direct
2008-02-06	Common stock, no par value	A	390	—	Acquired	0	Direct
2008-02-11	Common stock, no par value	J	58	$28.49	Acquired	1529.599	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common stock, no par value	718.526	Indirect

Footnotes

F1: Acquisition pursuant to reinvestment of dividends.

F2: Acquisition pursuant to reinvestment of dividends.

F3: Shares were granted pursuant to the Unitil Corporation Restricted Stock Plan. Shares will vest 25% per year over four years from date of grant. Shares will be valued at current market price on date of vesting.

F4: Shares granted pursuant to the Unitil Corporation Restricted Stock Plan on February 9, 2007. Shares represent 25% of total grant and vested on Monday, February 11, 2008. The terms of the Unitil Corporation Restricted Stock Plan specify valuation at the time of vesting. Vesting shares are unrestricted and fully transferable by owner.

F5: Shares are held in trust under the terms and conditions of the Unitil Corporation Tax Deffered Savings and Investment Plan ("TDSIP"). Under the TDSIP, Unitil Corporation common stock is held in a unitized fund that consists of 95% share "units" and 5% cash. The number of share units held may fluctuate daily depending on the open market per share price of Unitil Corporation common stock. In 2007, share units held decreased from the 2006 year end total due to a higher stock price on 12/31/07. No sale of shares or reallocation occurred in 2007.