Document:

<PAGE>

                                                                     EXHIBIT 4.1

                          [FORM OF FLOATING RATE NOTE]

UNLESS AND UNTIL IT IS EXCHANGED IN WHOLE OR IN PART FOR NOTES IN DEFINITIVE
REGISTERED FORM, THIS NOTE MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE
DEPOSITORY TRUST COMPANY, 55 WATER STREET, NEW YORK, NEW YORK ("DTC"), OR SUCH
OTHER DEPOSITORY AS SPECIFIED BELOW (DTC OR SUCH OTHER DEPOSITORY BEING THE
"DEPOSITORY") TO A NOMINEE OF THE DEPOSITORY OR BY A NOMINEE OF THE DEPOSITORY
TO THE DEPOSITORY OR ANOTHER NOMINEE OF THE DEPOSITORY OR BY THE DEPOSITORY OR
ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITORY OR A NOMINEE OF SUCH SUCCESSOR
DEPOSITORY. UNLESS THIS NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR
PAYMENT, AND ANY NOTE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR SUCH
OTHER NAME AS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY AND
ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY THAT IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY, ANY TRANSFER, PLEDGE OR OTHER
USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL, INASMUCH AS
THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

         [If this Note is an original issue discount Note, insert any applicable
          -----------------------------------------------
legends required by the Internal Revenue Code of 1986, as amended, or by
Treasury regulations thereunder.]

CUSIP NO.                                                PRINCIPAL AMOUNT: $

REGISTERED NO. FLR -

                               UGI UTILITIES, INC.

                        GLOBAL SERIES C MEDIUM-TERM NOTE

                                  FLOATING RATE

INITIAL INTEREST                   ORIGINAL ISSUE DATE:           MATURITY DATE:
RATE:

INITIAL INTEREST                   BASE RATE:                     INTEREST RESET
PERIOD:                                                           PERIOD:

<PAGE>

                              UGI UTILITIES, INC.
                        GLOBAL SERIES C MEDIUM-TERM NOTE
                                 FLOATING RATE

INTEREST RESET              INTEREST PAYMENT               SPREAD:
DATES:                      SPREAD:

SPREAD MULTIPLIER:          INTEREST                       REGULAR RECORD DATE:
                            DETERMINATION
                            DATE:

                            MAXIMUM INTEREST               MINIMUM INTEREST
                            RATE:                          RATE:

SPREAD RESET:               SPREAD MULTIPLIER              AUTHORIZED
                            RESET:                         DENOMINATION:
                                                           $1,000 and increments
                                                           of $1,000 thereafter

AMORTIZING OR               INDEX MATURITY:                ORIGINAL ISSUE
INDEX NOTE:                                                DISCOUNT NOTE:

YIELD TO MATURITY:          INITIAL ACCRUAL                OID DEFAULT AMOUNT:
(Only applicable if         PERIOD OID                     (Only applicable if
Note issued at              COMPUTED UNDER                 Note issued at
original issue discount)    (__Approximate) (__Exact)      original issue
                            METHOD:                        discount)

ISSUE PRICE IF OTHER        REPAYMENT AT                   REDEMPTION AT OPTION
THAN THE FULL               OPTION OF HOLDER:              OF THE COMPANY:
PRINCIPAL AMOUNT:

CALCULATION AGENT           DEPOSITORY IF OTHER            PAYING AGENT IF OTHER
IF OTHER THAN               THAN DEPOSITORY                THAN WACHOVIA BANK,
WACHOVIA BANK,              TRUST COMPANY:                 NATIONAL ASSOCIATION:
NATIONAL ASSOCIATION:

OTHER PROVISIONS:

                                       2

<PAGE>

                               UGI UTILITIES, INC.
                        GLOBAL SERIES C MEDIUM-TERM NOTE
                                  FLOATING RATE

         UGI UTILITIES, INC., a corporation duly organized and existing under
the laws of the Commonwealth of Pennsylvania (herein called the "Company"), for
value received, hereby promises to pay to Cede & Co., or registered assigns, the
principal sum set forth above (except to the extent redeemed or repaid prior to
the Maturity Date), at the office or agency of the Company maintained for that
purpose in The City of Philadelphia, Pennsylvania, or at any of the Company's
other offices, at the option of the Company, on the Maturity Date shown above,
or if such date is not a Business Day (as defined below), the next succeeding
Business Day, and to pay interest, if any, daily, weekly, monthly, quarterly,
semi-annually or annually as specified above under "Interest Reset Period," on
the Interest Payment Dates specified above, commencing with the first such
Interest Payment Date following the Original Issue Date specified above, and on
the Maturity Date or date of redemption or repayment, if any, on said principal
sum, at a rate per annum equal to the Initial Interest Rate specified above
until the first Interest Reset Date specified above following the Original Issue
Date specified above and thereafter at a rate per annum determined in accordance
with the provisions hereof; provided, however, that if the Original Issue Date
                            --------  -------
occurs between a Regular Record Date, as defined below, and the related Interest
Payment Date, interest for the period beginning on the Original Issue Date and
ending on such Interest Payment Date shall be paid on the Interest Payment Date
following the next succeeding Regular Record Date, to the registered holder of
this Note (the "Holder") on such succeeding Regular Record Date. Interest
payable on this Note on any Interest Payment Date shall include interest accrued
from and including the Original Issue Date, or the last Interest Payment Date to
which interest has been paid or duly provided for, as the case may be, to but
excluding the next Interest Payment Date or the Maturity Date, as the case may
be; provided, however, that if the Interest Reset Period with respect to this
    --------  -------
Note is daily or weekly, interest payable on any Interest Payment Date shall
include interest accrued from and including the Original Issue Date or from and
excluding the Regular Record Date to which interest has been paid or duly
provided for, as the case may be, to and including the Regular Record Date
immediately preceding the applicable Interest Payment Date, or to, but
excluding, the Maturity Date or date of redemption or repayment, as the case may
be. Subject to certain exceptions provided in the Indenture referred to below,
the interest so payable on any Interest Payment Date shall be paid to the Person
in whose name this Note is registered at the close of business on the Regular
Record Date next preceding such Interest Payment Date, and interest payable on
the Maturity Date or upon redemption or repayment shall be paid to the Person to
whom said principal sum is payable. "Regular Record Date" shall mean, with
respect to any Interest Payment Date, the date (whether or not a Business Day)
15 calendar days prior to such Interest Payment Date. "Business Day" shall mean,
unless otherwise specified above, any day, other than a Saturday or Sunday, that
meets each of the following applicable requirements: the day is (i) not a day on
which banking institutions are authorized or required by law or regulation to be
closed in The City of New York; and (ii) if this Note is a LIBOR Note, any day
on which dealings in deposits in U.S. dollars are transacted in the London
interbank market.

                                        3

<PAGE>

                               UGI UTILITIES, INC.
                        GLOBAL SERIES C MEDIUM-TERM NOTE
                                  FLOATING RATE

         Accrued interest on this Note shall be calculated by multiplying the
principal amount of this Note (or, if this Note is an Indexed Note, the amount
designated by the terms hereof) by an accrued interest factor. Such accrued
interest factor shall be computed by adding the interest factors computed for
each day in the period for which accrued interest is being calculated. The
interest factor (expressed as a decimal calculated to seven decimal places,
without rounding) for each day in such period shall be computed by dividing the
applicable interest rate by 360 (in the case of CD Rate Notes, CMT Rate Notes,
Commercial Paper Rate Notes, Federal Funds Rate Notes, LIBOR Notes and Prime
Rate Notes) or by the actual number of days in the relevant year (in the case of
Treasury Rate Notes).

         This Note may provide above for either or both of the following (in
each case expressed as a rate per annum on a simple interest basis): (i) a
maximum limitation on the rate at which interest may accrue during any interest
period ("Maximum Interest Rate") and (ii) a minimum limitation on the rate at
which interest may accrue during any interest period ("Minimum Interest Rate").
In addition to any Maximum Interest Rate that may be applicable, the interest
rate shall in no event be higher than the maximum rate permitted by applicable
New York and United States Federal law.

         All percentages resulting from any calculation of the interest rate on
this Note shall be rounded, if necessary, to the nearest 1/100,000 of 1%
(.0000001), with five one-millionths of a percentage point rounded upward, and
all dollar amounts used in or resulting from such calculation shall be rounded
to the nearest one-hundredth of a dollar (with .005 of a dollar being rounded
upward).

         Payments of interest, if any, shall be made by the Paying Agent to the
Depository in immediately available funds in accordance with existing
arrangements between the Paying Agent and the Depository; payments of principal
of and interest, if any, on the Maturity Date shall be made by the Paying Agent
by wire transfer in immediately available funds to an account specified by the
Depository.

         The Company shall pay any administrative costs imposed by banks in
connection with making payments in immediately available funds, but any tax,
assessment or governmental charge imposed upon payments shall be borne by the
Holder in respect of which such payments are made.

         Any payment due on this Note on a day that is not a Business Day shall
be made on the next succeeding Business Day with the same force and effect as if
made on such date, and no additional interest shall accrue as a result of such
delayed payment; provided that, in the case of an Interest Payment Date with
respect to a LIBOR Note, if such Business Day would fall in the succeeding
calendar month, such payment shall be made on the Business Day immediately
preceding such Interest Payment Date.

                                       4

<PAGE>

                               UGI UTILITIES, INC.
                        GLOBAL SERIES C MEDIUM-TERM NOTE
                                  FLOATING RATE

     This Note is one of a duly authorized issue of Securities of the Company
(hereinafter called the "Securities"), all issued or to be issued under and
pursuant to an indenture dated as of August 1, 1993 (hereinafter called the
"Indenture"), duly executed and delivered by the Company and Wachovia Bank,
National Association (formerly First Union National Bank and, prior to that,
First Fidelity Bank, National Association), as Trustee (hereinafter, together
with any successor trustee or trustees under the Indenture called the
"Trustee"), to which Indenture and all indentures supplemental thereto reference
is hereby made for a description of the rights, obligations, duties and
immunities thereunder of the Trustee, the Company, and the holders of the
Securities. As provided in the Indenture, the Securities may be issued in one or
more series, which different series may be issued in various aggregate principal
amounts, may mature at different times, may bear interest, if any, at different
rates, may be subject to different redemption or repayment provisions, if any,
may be subject to different sinking, purchase or analogous funds, if any, and
may otherwise vary as provided for or permitted by the Indenture. This Note is
one of a series of the Securities offered on a periodic basis by the Company,
which series is unlimited in aggregate principal amount, designated as the
Series C Medium-Term Notes (the "Notes") of the Company. The Notes may mature at
different times (but in all instances nine months or more from their respective
dates of issue), bear interest, if any, at different rates, be redeemable at the
option of the Company at different times or not at all, and be repayable at the
option of the Holder at different times or not at all.

     The interest rate in effect from the Original Issue Date to but excluding
the first Interest Reset Date shall be the Initial Interest Rate specified
above. Subsequently, this Note shall bear interest for each Interest Reset
Period at the interest rate determined by (i) adding to or subtracting from the
Base Rate, the Spread specified above, if any, and/or (ii) multiplying the Base
Rate by the Spread Multiplier specified above, if any, or (iii) any other
specified Base Rate, in any case as specified above. The interest rate for an
Interest Reset Period shall be the interest rate determined as of the
immediately preceding Interest Determination Date. The "Interest Reset Period"
pertaining to any Interest Reset Date is the period from and including such
Interest Reset Date to but excluding the immediately succeeding Interest Reset
Date, or the Maturity Date, as the case may be. The "Interest Reset Date" means
the date or dates as of which the interest rate shall be reset. The "Spread" is
the number of basis points, and the "Spread Multiplier" is the percentage used
to determine the interest rate. The Spread or Spread Multiplier may be subject
to adjustment from time to time, if and to the extent specified above.

     One of the following Base Rates shall be applicable to this Note as
indicated above: (i) the CD Rate ("CD Rate Notes"), (ii) the CMT Rate ("CMT Rate
Notes"), (iii) the Commercial Paper Rate ("Commercial Paper Rate Notes"), (iv)
the Federal Funds Rate ("Federal Funds Rate Notes"), (v) LIBOR ("LIBOR Notes"),
(vi) the Prime Rate ("Prime Rate Notes"), (vii) the Treasury Rate ("Treasury
Rate Notes") or (viii) another Base Rate, as specified above.

                                       5

<PAGE>

                               UGI UTILITIES, INC.
                        GLOBAL SERIES C MEDIUM-TERM NOTE
                                  FLOATING RATE

     The rate at which interest on this Note is payable shall be adjusted daily,
weekly, monthly, quarterly, semiannually or annually, as specified above under
Interest Reset Period (except that in all instances the interest rate for the
ten days prior to the Maturity Date shall be the rate in effect on the tenth day
prior to the Maturity Date); provided, however, that if an Interest Reset Date
                             --------  -------
would otherwise be a day that is not a Business Day, such Interest Reset Date
shall be postponed to the next Business Day, except that, in the case of a LIBOR
Note, if such Business Day would fall in the next calendar month, such Interest
Reset Date shall be the immediately preceding Business Day.

     The "Interest Determination Date" pertaining to an Interest Reset Period
(i) for CD Rate Notes, CMT Rate Notes, Commercial Paper Rate Notes, Federal
Funds Rate Notes or Prime Rate Notes shall be the second Business Day preceding
the relevant Interest Reset Date, (ii) for LIBOR Notes shall be the second
London Banking Day preceding the relevant Interest Reset Date and (iii) for
Treasury Rate Notes shall be the day of the week in which the relevant Interest
Reset Date falls on which treasury bills of the applicable Index Maturity are
auctioned. If, as the result of a legal holiday, a treasury bill auction is held
on the Friday preceding the Interest Reset Date, such Friday shall be the
Interest Determination Date.

     The "Calculation Date", where applicable, pertaining to an Interest
Determination Date shall be the earlier of (i) the tenth calendar day after such
Interest Determination Date or, if any such day is not a Business Day, the next
succeeding Business Day or (ii) the Business Day preceding the applicable
Interest Payment Date or Maturity Date, as the case may be.

     The "Calculation Agent" specified above has been appointed by the Company
to calculate interest rates on this Note as specified above. All determinations
of interest by the Calculation Agent shall, in the absence of manifest error, be
conclusive for all purposes and binding on the Company and the Holder. Upon the
request of any registered Holder or Beneficial Owner of this Note, the
Calculation Agent for this Note shall provide, if determined, the interest rate
then in effect and the interest rate that shall become effective on the next
Interest Reset Date with respect to this Note.

     Determination of Interest Rate for CD Rate Notes. If the Base Rate
specified above is "CD Rate," this Note shall bear interest for each Interest
Reset Period at the interest rate calculated with reference to the CD Rate and
the Spread and/or Spread Multiplier, if any, specified above. The "CD Rate"
                                                                   -------
means, with respect to any Interest Determination Date, the rate on such date
for negotiable certificates of deposit having the applicable Index Maturity, as
published by the Board of Governors of the Federal Reserve System in
"Statistical Release H.15(519), Selected Interest Rates", or any successor
publication of the Board of Governors of the Federal Reserve System
("H.15(519)") under the heading "CDs (Secondary Market)". If not so published by
3:00 p.m., New York City time, on the Calculation Date pertaining to that
Interest Determination Date, the

                                       6

<PAGE>

                               UGI UTILITIES, INC.
                        GLOBAL SERIES C MEDIUM-TERM NOTE
                                  FLOATING RATE

CD Rate will be the rate on that Interest Determination Date for negotiable
certificates of deposit having the Index Maturity designated in the applicable
pricing supplement as published by the Federal Reserve Bank of New York in its
daily update of H.15(519) available through the world-wide web site of the Board
of Governors of the Federal Reserve System at
"http://www.federalreserve.gov/releases/H15/update" or any successor site or
publication of the Board of Governors under the heading "Certificates of
Deposit."

     If that rate is not yet published in either the H.15(519) or H.15 daily
update by 3:00 p.m., New York City time, on the Calculation Date pertaining to
an Interest Determination Date, the Calculation Agent will calculate the CD Rate
on that Interest Determination Date. That rate will be the arithmetic mean of
the secondary market offered rates as of 10:00 a.m., New York City time, on that
Interest Determination Date, for negotiable certificates of deposit of major
United States money market banks with a remaining maturity closest to the Index
Maturity designated in the applicable pricing supplement in an amount that is
representative for a single transaction in that market at that time as quoted by
three leading non-bank dealers in negotiable U.S. dollar certificates of deposit
in The City of New York selected by the Calculation Agent. However, if the
dealers selected by the Calculation Agent are not quoting as set forth above,
the CD Rate with respect to that Interest Determination Date will be the same as
the CD Rate in effect for the immediately preceding Interest Reset Period. If
there was no preceding Interest Reset Period, the rate of interest will be the
Initial Interest Rate.

     CD Rate Notes, like other Notes, are not deposit obligations of a bank and
are not insured by the Federal Deposit Insurance Corporation.

     Determination of Interest Rate for CMT Rate Notes. If the Base Rate
specified above is the "CMT Rate," this Note shall bear interest for each
Interest Reset Period at the interest rate calculated with reference to the CMT
Rate and the Spread and/or Spread Multiplier, if any, specified above. The "CMT
Rate" means, with respect to any Interest Determination Date, the following rate
displayed on the Designated CMT Telerate Page under the heading ". . . Treasury
Constant Maturities . . . Federal Reserve Board Release H.15 . . . Mondays
Approximately 3:45 P.M.," under the column for the Designated CMT Index
Maturity: if the designated CMT telerate page is telerate page 7051, the rate
for the relevant Interest Determination Date; or if the designated CMT telerate
page is telerate page 7052, the rate for the weekly or monthly average, as
specified in the applicable pricing supplement, for the week that ends
immediately before the week in which the relevant Interest Determination Date
falls, or for the month that ends immediately before the month in which the
relevant Interest Determination Date falls, as applicable. If the CMT Rate
cannot be determined in this manner, the following procedures will apply: if the
applicable rate described above is not displayed on the relevant designated CMT
telerate page at 3:00 P.M., New York City time, on the relevant Calculation
Date, then the CMT Rate will be the applicable treasury constant maturity rate
described above - i.e., for the

                                       7

<PAGE>

                               UGI UTILITIES, INC.
                        GLOBAL SERIES C MEDIUM-TERM NOTE
                                  FLOATING RATE

designated CMT Index Maturity and for either the relevant Interest Determination
Date or the weekly or monthly average, as applicable - as published in
H.15(519); and if the applicable rate described above does not appear in
H.15(519) at 3:00 P.M., New York City time, on the relevant Calculation Date,
then the CMT Rate will be the treasury constant maturity rate, or other U.S.
treasury rate, for the designated CMT Index Maturity and with reference to the
relevant Interest Determination Date, that is published by the Board of
Governors of the Federal Reserve System, or the U.S. Department of the Treasury,
and that the Calculation Agent determines to be comparable to the applicable
rate formerly displayed on the designated CMT telerate page and published in
H.15(519). If the rate described in the prior sentence does not appear at 3:00
P.M., New York City time, on the relevant Calculation Date, then the CMT Rate
will be the yield to maturity of the arithmetic mean of the following secondary
market offered rates for the most recently issued treasury notes having an
original maturity of approximately the designated CMT Index Maturity and a
remaining term to maturity of not less than the designated CMT Index Maturity
minus one year, and in a representative amount: the offered rates, as of
approximately 3:30 P.M., New York City time, on the relevant Interest
Determination Date, of three primary U.S. government securities dealers in New
York City selected by the Calculation Agent. In selecting these offered rates,
the Calculation Agent will request quotations from five of these primary dealers
and will disregard the highest quotation - or, if there is equality, one of the
highest - and the lowest quotation - or, if there is equality, one of the
lowest. If the Calculation Agent is unable to obtain three quotations of the
kind described in the prior two sentences, the CMT Rate will be the yield to
maturity of the arithmetic mean of the following secondary market offered rates
for treasury notes with an original maturity longer than the designated CMT
Index Maturity, with a remaining term to maturity closest to the designated CMT
Index Maturity and in a representative amount: the offered rates, as of
approximately 3:30 P.M., New York City time, on the relevant Interest
Determination Date, of three primary U.S. government securities dealers in New
York City selected by the Calculation Agent. In selecting these offered rates,
the Calculation Agent will request quotations from five of these primary dealers
and will disregard the highest quotation - or, if there is equality, one of the
highest - and the lowest quotation - or, if there is equality, one of the
lowest. If two treasury notes with an original maturity longer than the
designated CMT Index Maturity have remaining terms to maturity that are equally
close to the designated CMT Index Maturity, the Calculation Agent will obtain
quotations for the treasury note with the shorter remaining term to the Maturity
Date. If fewer than five but more than two of these primary dealers are quoting
as described in the prior three sentences, then the CMT Rate for the relevant
Interest Determination Date will be based on the arithmetic mean of the offered
rates so obtained, and neither the highest nor the lowest of those quotations
will be disregarded. If two or fewer primary dealers selected by the Calculation
Agent are quoting as described above, the CMT Rate in effect for the new
Interest Reset Period will be the CMT Rate in effect for the prior Interest
Reset Period. If the initial Base Rate has been in effect for the prior Interest
Period, however, it will remain in effect for the new Interest Reset Period.

                                        8

<PAGE>

                               UGI UTILITIES, INC.
                        GLOBAL SERIES C MEDIUM-TERM NOTE
                                  FLOATING RATE

     Determination of Interest Rate for Commercial Paper Rate Notes. If the Base
Rate specified above is "Commercial Paper Rate," this Note shall bear interest
for each Interest Reset Period at the interest rate calculated with reference to
the Commercial Paper Rate and the Spread and/or Spread Multiplier, if any,
specified above. The "Commercial Paper Rate" means, with respect to any Interest
                      ---------------------
Determination Date, the Money Market Yield on such Interest Determination Date
of the rate for commercial paper having the applicable Index Maturity, as
published in H.15(519) under the heading "Commercial Paper - Non-Financial". In
the event that the rate is not published prior to 3:00 p.m., New York City time,
on the Calculation Date pertaining to that Interest Determination Date, then the
Commercial Paper Rate will be the Money Market Yield of the rate on the Interest
Determination Date for commercial paper of the specified Index Maturity as
published in the H.15 daily update under the heading "Commercial Paper" (with an
Index Maturity of one month or three months being deemed to be equivalent to an
Index Maturity of 30 days or 90 days, respectively).

     If by 3:00 p.m., New York City time, on that Calculation Date the rate is
not yet available in either the H.15(519) or H.15 daily update, then the
Calculation Agent will calculate the Commercial Paper Rate on that Interest
Determination Date, which will be the Money Market Yield corresponding to the
arithmetic mean of the offered rates as of approximately 11:00 a.m., New York
City time, on that Interest Determination Date for commercial paper of the
specified Index Maturity placed for a non-financial issuer whose bond rating is
"AA", or the equivalent, from a nationally recognized rating agency as quoted by
three leading dealers of commercial paper in The City of New York selected by
the Calculation Agent. However, if the dealers selected by the Calculation Agent
are not quoting offered rates as set forth above, the Commercial Paper Rate with
respect to that Interest Determination Date will be the same as the Commercial
Paper Rate for the immediately preceding Interest Reset Period. If there was no
preceding Interest Reset Period, the rate of interest will be the Initial
Interest Rate.

     "Money Market Yield" will be a yield (expressed as a percentage) calculated
in accordance with the following formula:

     Money Market Yield =                  Dx360       x100
                                  --------------------
                                       360 - (DxM)

where "D" refers to the applicable per annum rate for commercial paper quoted on
a bank discount basis and expressed as a decimal, and "M" refers to the actual
number of days in the period for which interest is being calculated.

     Determination of Interest Rate for Federal Funds Rate Notes. If the Base
Rate specified above is "Federal Funds Rate," this Note shall bear interest for
each Interest Reset Period at the interest rate calculated with reference to the
Federal Funds Rate and the Spread and/or Spread

                                       9

<PAGE>

                               UGI UTILITIES, INC.
                        GLOBAL SERIES C MEDIUM-TERM NOTE
                                  FLOATING RATE

Multiplier, if any, specified above. The "Federal Funds Rate" means, with
                                          ------------------
respect to any Interest Determination Date, the rate on such date for federal
funds, as published in H.15(519) under the heading "Federal Funds (effective)".
If not so published by 3:00 p.m., New York City time, on the Calculation Date
pertaining to that Interest Determination Date, the Federal Funds Rate will be
the rate on that Interest Determination Date as published in the H.15 daily
update under the heading "Federal Funds (effective)."

         If that rate is not published in either the H.15(519) or H.15 daily
update by 3:00 p.m., New York City time, on the Calculation Date pertaining to
that Interest Determination Date, the Calculation Agent will calculate the
Federal Funds Rate for that Interest Determination Date, which will be the
arithmetic mean of the rates for the last transaction in overnight United States
dollar Federal Funds as of 9:00 a.m., New York City time, on that Interest
Determination Date arranged by three leading brokers of Federal Funds
transactions in The City of New York selected by the Calculation Agent. However,
if the brokers selected by the Calculation Agent are not quoting as set forth
above, the Federal Funds Rate with respect to that Interest Determination Date
will be the same as the Federal Funds Rate in effect for the immediately
preceding Interest Reset Period. If there was no preceding Interest Reset
Period, the rate of interest will be the Initial Interest Rate.

         Determination of Interest Rate for LIBOR Notes. If the Base Rate
specified above is "LIBOR Rate," this Note shall bear interest for each Interest
Reset Period at the interest rate calculated with reference to LIBOR and the
Spread or Spread Multiplier, if any, specified above. "LIBOR" means, with
                                                       -----
respect to any Interest Determination Date, the rate for deposits in the London
interbank market in U.S. dollars having the Index Maturity designated in the
applicable pricing supplement, commencing on the second London business day
immediately following that Interest Determination Date, that appears on the
Designated LIBOR Page, as defined below, as of 11:00 a.m., London time, on that
Interest Determination Date. If no rate appears on the Designated LIBOR Page,
LIBOR in respect of that Interest Determination Date will be determined as if
the parties had specified the rate described in the following paragraph.

         With respect to an Interest Determination Date relating to a LIBOR Note
to which the last sentence of the previous paragraph applies, the Calculation
Agent will request the principal London offices of each of four major reference
banks in the London interbank market, selected by the Calculation Agent, to
provide the Calculation Agent with its offered quotation for deposits in U.S.
dollars having the Index Maturity designated in the applicable pricing
supplement commencing on the second London business day immediately following
that Interest Determination Date to prime banks in the London interbank market
at approximately 11:00 a.m., London time, on that Interest Determination Date
and in a principal amount that is representative for a single transaction in
U.S. dollars in that market at that time. If at least two such quotations are
provided, LIBOR determined on that Interest Determination Date will be the
arithmetic mean

                                       10

<PAGE>

                               UGI UTILITIES, INC.
                        GLOBAL SERIES C MEDIUM-TERM NOTE
                                  FLOATING RATE

of those quotations. If fewer than two quotations are provided, LIBOR determined
on that Interest Determination Date will be the arithmetic mean of the rates
quoted at approximately 11:00 a.m., or any other time specified in the
applicable pricing supplement, in The City of New York, on that Interest
Determination Date for loans made in U.S. dollars to leading European banks
having the Index Maturity designated in the applicable pricing supplement
commencing on the second London business day immediately following that Interest
Determination Date and in a principal amount that is representative for a single
transaction in U.S. dollars in that market at that time by three major banks in
The City of New York selected by the Calculation Agent. However, if the banks so
selected by the Calculation Agent are not quoting as mentioned in this sentence,
LIBOR with respect to that Interest Determination Date will be the same as LIBOR
in effect for the immediately preceding Interest Reset Period. If there was no
preceding Interest Reset Period, the rate of interest will be the Initial
Interest Rate.

         "Designated LIBOR Page" means the display on page 3750, or any other
page specified in the applicable pricing supplement, of the Dow Jones Telerate
Service for the purpose of displaying the London interbank offered rates of
major banks for U.S. dollars, or any other page that may replace that page on
that service for the purpose of displaying those rates.

         Determination of Interest Rate for Prime Rate Notes. If the Base Rate
specified above is "Prime Rate," this Note shall bear interest for each Interest
Reset Period at the interest rate calculated with reference to the Prime Rate
and the Spread and/or Spread Multiplier, if any, specified above. The "Prime
                                                                       -----
Rate" means, with respect to any Interest Determination Date, the rate set forth
----
in H.15(519) for that date opposite the caption "Bank Prime Loan." If that rate
is not yet published by 9:00 a.m., New York City time, on the Calculation Date
pertaining to that Interest Determination Date, the Prime Rate for that Interest
Determination Date will be the arithmetic mean of the rates of interest publicly
announced by each bank named on the Reuters Screen USPRIME1 Page, as defined
below, as that bank's prime rate or base lending rate as in effect for that
Interest Determination Date as quoted on the Reuters Screen USPRIME1 Page on
that Interest Determination Date. If fewer than four of these rates appear on
the Reuters Screen USPRIME1 Page for that Interest Determination Date, the rate
will be the arithmetic mean of the prime rates quoted on the basis of the actual
number of days in the year divided by 360 as of the close of business on that
Interest Determination Date by at least two of the three major money center
banks in The City of New York selected by the Calculation Agent from which
quotations are requested. If fewer than two quotations are provided, the
Calculation Agent will calculate the Prime Rate, which will be the arithmetic
mean of the prime rates in The City of New York by the appropriate number of
substitute banks or trust companies organized and doing business under the laws
of the United States, or any State thereof, in each case having total equity
capital of at least $500 million and being subject to supervision or examination
by federal or state authority, selected by the Calculation Agent to quote prime
rates. "Reuters Screen USPRIME1 Page" means the display designated as the
"USPRIME1" page on the Reuters Monitor Money

                                       11

<PAGE>

                               UGI UTILITIES, INC.
                        GLOBAL SERIES C MEDIUM-TERM NOTE
                                  FLOATING RATE

Rates Service, or any other page that may replace the USPRIME1 Page on that
service for the purpose of displaying prime rates or base lending rates of major
United States banks.

         Determination of Interest Rate for Treasury Rate Notes. If the Base
Rate specified above is "Treasury Rate," this Note shall bear interest for each
Interest Reset Period at the interest rate calculated with reference to the
Treasury Rate and the Spread and/or Spread Multiplier, if any, specified above.
The "Treasury Rate" means, with respect to any Interest Determination Date, the
     -------------
rate applicable to the most recent auction of direct obligations of the United
States, which we refer to as Treasury bills, having the Index Maturity
designated in the applicable pricing supplement, as published in H.15(519) under
the heading "Treasury Bills-auction average (investment)" or, if not so
published by 3:00 p.m., New York City time, on the Calculation Date pertaining
to that Interest Determination Date, the auction average rate on that interest
determination date (expressed as a bond equivalent, on the basis of a year of
365 or 366 days, as applicable, and applied on a daily basis) as otherwise
announced by the United States Department of the Treasury. In the event that the
results of the auction of Treasury bills having the Index Maturity designated in
the applicable pricing supplement are not published or reported as provided
above by 3:00 p.m., New York City time, on the Calculation Date or if no auction
is held in a particular week, then the Treasury Rate will be the rate as
published in H.15(519) under the heading "Treasury Bills-secondary market," or
any successor publication or heading. In the event that rate is not published by
3:00 p.m., New York City time, on the Calculation Date, then the Calculation
Agent will calculate the Treasury Rate, which will be a yield to Maturity
(expressed as a bond equivalent, on the basis of a year of 365 or 366 days, as
applicable, and applied on a daily basis) calculated using the arithmetic mean
of the secondary market bid rates, as of approximately 3:30 p.m., New York City
time, on that Interest Determination Date, of three leading primary United
States government securities dealers selected by the Calculation Agent for the
issue of Treasury bills with a remaining Maturity closest to the Index Maturity
designated in the applicable pricing supplement. However, if the dealers
selected by the Calculation Agent are not quoting bid rates as mentioned in the
previous sentence, the Treasury rate with respect to the Interest Determination
Date will be the same as the Treasury rate in effect for the immediately
preceding Interest Reset Period. If there was no preceding Interest Reset
Period, the rate of interest will be the Initial Interest Rate.

         If this Note is sold at a discount to the Principal Amount (referred to
as an "original issue discount note"), upon redemption or repayment (except in
the case of an Event of Default as set forth below) of this Note there shall be
payable in lieu of the Principal Amount, an amount equal to the Amortized Face
Amount of this Note. The "Amortized Face Amount," shall be equal to (a) the
Issue Price, as specified above, plus (b) the portion of the difference between
the Issue Price and the Principal Amount of this Note that has accrued at the
Yield to Maturity specified above (computed in accordance with generally
accepted United States bond yield computation principles)

                                       12

<PAGE>

                               UGI UTILITIES, INC.
                        GLOBAL SERIES C MEDIUM-TERM NOTE
                                   FIXED RATE

at the date as of which such Amortized Face Amount is calculated, but in no
event shall the Amortized Face Amount exceed the Principal Amount.

         Amortizing Notes are Notes as to which all or a portion of the
principal amount is payable prior to the Maturity Date in accordance with a
schedule, by application of a formula, or by reference to an Index. If this Note
is an Amortizing Note, the terms and conditions, including the terms for payment
hereof, shall be specified above.

         Indexed Notes are Notes as to which all or certain interest payments
("Indexed Rate Notes") and/or the principal amount payable at Maturity ("Indexed
Principal Notes") are determined by reference to the price or prices of
specified commodities or stocks, or any other financial, economic or other
measures or instruments, including the occurrence or non-occurrence of any event
or circumstance that may be specified in the Note (each such price or any other
financial, economic or other measure or instrument as are specified above being
an "Index"). If this Note is an Indexed Note, as specified above, a description
of the Index used in any determination of interest and/or principal payments,
and the method or formula by which interest or principal payments or both shall
be determined by reference to such Index, is specified above.

         If this Note is an Indexed Note, and if the determination of the Index
specified above is calculated or announced by a third party (which may be
Wachovia Bank, National Association) and such third party either suspends the
calculation or announcement of such Index or changes the basis upon which such
Index is calculated (other than changes consistent with the policies in effect
at the time the related Indexed Note was issued and with permitted changes
described above), then such Index shall be calculated for purposes of this Note
by another third party (which may be Wachovia Bank, National Association)
selected by the Company, subject to the same conditions and controls as applied
to the original third party. If for any reason such Index cannot be calculated
on the same basis and subject to the same conditions and controls as applied to
the original third party, then any indexed interest payments or indexed
principal amount payable with respect to this Note shall be calculated in the
manner specified above. All determinations of such third party shall, in the
absence of manifest error, be conclusive for all purposes and binding on the
Company and the Holder.

         This Note indicates either (i) that such Note cannot be redeemed prior
to its Maturity Date or (ii) that such Note shall be redeemable, in whole or in
part, at the option of the Company on a specified date or dates prior to such
Maturity Date, at a price or prices specified above, together with interest
accrued to the date of redemption. If this Note is redeemable prior to Maturity,
the Company may redeem this Note either in whole or from time to time in part by
mailing notice to the Holder of such redemption by first class mail at least 30
days and not more than 60 days prior to the date fixed for redemption. If fewer
than all of the Notes of like terms are to be redeemed, the

                                       13

<PAGE>

                               UGI UTILITIES, INC.
                        GLOBAL SERIES C MEDIUM-TERM NOTE
                                   FIXED RATE

Notes to be redeemed shall be selected by the Trustee by such method as the
Trustee shall deem fair and appropriate.

         This Note indicates either (i) that this Note cannot be repaid at the
option of the Holder prior to the Maturity Date or (ii) that this Note shall be
repayable at the option of the Holder on a date or dates specified prior to the
Maturity Date, at a price or prices specified above, together with interest
accrued to the date of repayment.

         In order for this Note to be repaid at the option of the Holder, the
Company must receive, at least 30 days but not more than 45 days prior to the
repayment date, this Note with the form entitled "Option to Elect Repayment"
hereon duly completed. Exercise of the repayment option by the Holder shall be
irrevocable, except as otherwise described above. The repayment option may
be exercised by the Holder for less than the aggregate principal amount of the
Note then outstanding, provided that the principal amount of the Note remaining
outstanding after repayment is an authorized denomination.

         The Depository's nominee will be the Holder and therefore will be the
only entity that can exercise a right of repayment. In order to ensure that the
Depository's nominee will timely exercise a right to repayment with respect to a
particular beneficial interest in a Global Note, the beneficial owner
("Beneficial Owner") of such interest must instruct the broker or other
participant through which it holds a beneficial interest in such Global Note to
notify the Depository of its desire to exercise a right to repayment. Each
Beneficial Owner should consult the broker or other participant through which it
holds a beneficial interest in this Note in order to ascertain the deadline by
which such an instruction must be given in order for notice to be timely
delivered by such broker or other participant to the Depository.

         The Notes are issuable in global or definitive registered form without
coupons in the denominations indicated above. Upon due presentment for
registration of transfer of this Note at the principal office of the Trustee, a
new Note or Notes in an equal aggregate principal amount and like interest rate
and Maturity Date shall be issued to the transferee in exchange therefor,
subject to the limitations provided in the Indenture, without charge except for
any tax or other governmental charge imposed in connection therewith.

         The Company may at any time purchase Notes at any price or prices in
the open market or otherwise. Notes so purchased by the Company may be held or
resold or, at the discretion of the Company, surrendered to the Trustee for
cancellation.

         In case an Event of Default, as defined in the Indenture, with respect
to the Notes shall have occurred and be continuing, the principal hereof may be
declared, and upon such declaration

                                       14

<PAGE>

                               UGI UTILITIES, INC.
                        GLOBAL SERIES C MEDIUM-TERM NOTE
                                   FIXED RATE

shall become, due and payable in the manner, with the effect and subject to the
conditions provided in the Indenture.

         With respect to an original issue discount Note, if an Event of Default
with respect to the Notes shall have occurred and be continuing, the amount of
principal of this Note which may be declared due and payable, with the effect
and subject to the conditions provided in the Indenture, shall be determined in
the manner specified under "OID Default Amount" above.

         No reference herein to the Indenture and no provision of this Note or
of the Indenture shall alter or impair the obligation of the Company, which is
absolute and unconditional, to pay the principal of and interest on this Note at
the places, at the respective times and at the rate herein prescribed.

         The Company, the Trustee, and any agent of the Company or the Trustee
may deem and treat the Holder as the absolute owner hereof (whether or not this
Note shall be overdue and notwithstanding any notation of ownership or other
writing hereon) for the purposes of receiving payment of or on account of the
principal hereof and, subject to the provisions above, interest hereon, and for
all purposes, and neither the Company nor the Trustee nor any such agent shall
be affected by any notice to the contrary.

         No recourse shall be had for the payment of the principal of or the
interest on this Note or for any claims based hereon, or otherwise in respect
hereof, or based on or in respect of the Indenture or any indenture supplemental
thereto, against any incorporator, shareholder, officer or director as such,
past, present or future of the Company or of any successor corporation, whether
by virtue of any constitution, statute or rule of law or by the enforcement of
any assessment or penalty or otherwise, all such liabilities being, by the
acceptance hereof and as part of the consideration for the issue hereof,
expressly waived and released.

         The Indenture permits, with certain exceptions as therein provided, the
amendment thereof and the modification of the rights and obligations of the
Company and the rights of the holders of the Securities of each series to be
affected under the Indenture at any time by the Company and the Trustee with the
consent of the holders of not less than 51% in aggregate principal amount of the
Securities at the time outstanding of all series to be affected thereby (voting
as one class). The Indenture also contains provisions permitting the holders of
a majority in aggregate principal amount of all of the Securities of each
affected series at the time outstanding, on behalf of all holders of all
Securities of such series, to waive compliance by the Company with certain
provisions of the Indenture and certain past defaults under the Indenture and
their consequences. Any such consent or waiver by the Holder shall be conclusive
and binding upon the Holder and upon all future Holders and of any Security
issued upon the registration of transfer hereof or in

                                       15

<PAGE>

                               UGI UTILITIES, INC.
                        GLOBAL SERIES C MEDIUM-TERM NOTE
                                   FIXED RATE

exchange herefor or in lieu hereof, whether or not notation of such consent or
waiver is made upon this Note.

         As set forth in, and subject to, the provisions of the Indenture, no
holder of any Security of this series shall have any right to institute any
proceeding with respect to the Indenture or for any remedy thereunder, unless
such holder shall have previously given to the Trustee written notice of default
and the continuance thereof, the holders of not less than 25% in aggregate
principal amount of the Securities of this series then outstanding shall have
made written request upon the Trustee to institute such action or proceeding in
its own name as trustee thereunder and offered the Trustee such reasonable
indemnity as it may require against the costs, expenses and liabilities to be
incurred therein or thereby, and the Trustee shall not have received from the
holders of a majority in principal amount of the outstanding Securities of this
series a direction inconsistent with such request, and the Trustee shall have
failed to institute such proceeding within 60 days; provided, however, that such
                                                    --------  -------
limitations do not apply to a suit instituted by the Holder for the enforcement
of a payment of principal or interest on this Note on or after the respective
due dates expressed herein.

         Terms used herein which are defined in the Indenture shall have the
respective meanings assigned thereto in the Indenture.

         This Note shall be governed by and construed in accordance with the
laws of the State of New York.

         This Note shall not be valid or become obligatory for any purpose until
the Certificate of Authentication hereon shall have been signed by the Trustee
under the Indenture referred to below.

                                       16

<PAGE>

                              UGI UTILITIES, INC.
                        GLOBAL SERIES C MEDIUM-TERM NOTE
                                 FLOATING RATE

         IN WITNESS WHEREOF, the Company has caused this instrument to be duly
executed under its corporate seal.

Dated:

                                       UGI UTILITIES, INC.

                                       By: _____________________________________
                                           Vice President

                                           _____________________________________
                                           Secretary or Assistant Secretary

                                                        [SEAL]

TRUSTEE'S CERTIFICATE OF
  AUTHENTICATION:

This is one of the
Securities of the series
designated herein and
referred to in the within-
mentioned Indenture.

WACHOVIA BANK, NATIONAL ASSOCIATION,
as Trustee

By: _____________________________
Authorized Officer

                                       17

<PAGE>

                            OPTION TO ELECT REPAYMENT

                 TO BE COMPLETED ONLY IF THIS NOTE IS REPAYABLE
                   AT THE OPTION OF THE HOLDER AND THE HOLDER
                         ELECTS TO EXERCISE SUCH RIGHTS

         The undersigned hereby irrevocably requests and instructs the Company
to repay the within Note (or portion thereof specified below) pursuant to its
terms at a price equal to the amount referred to therein, together with interest
to the repayment date, to the undersigned, at

________________________________________________________________________________

________________________________________________________________________________

________________________________________________________________________________

_____________. (Please print or typewrite name and address of the undersigned)

         For this Option to Elect Repayment to be effective, the Company must
receive at the address of the Paying Agent specified therein or at such other
place or places of which the Company shall from time to time notify the holder
of the within Note (the "Holder"), at least 30 days but not more than 45 days,
or if such day is not a Business Day, the next succeeding Business Day, prior to
the repayment date, this Note, with this "Option to Elect Repayment" form duly
completed.

         If less than the entire principal amount of the within Note is to be
repaid, specify the portion thereof (which shall be an Authorized Denomination)
which the Holder elects to have repaid: ______________________; and specify the
denomination or denominations (which shall be an Authorized Denomination) of the
Note or Notes to be issued to the Holder for the portion of the within Note not
being repaid (in the absence of any such specification, one such Note shall be
issued for the portion not being repaid): ______________________________.

Date:____________________

By:______________________

                                     NOTICE

The signature to this Option to Elect Repayment must correspond with the name as
written upon the Note in every particular without alteration or enlargement or
any other change whatsoever.

<PAGE>

                                  ABBREVIATIONS

         The following abbreviations, when used in the inscription on the face
of this instrument, shall be construed as though they were written out in full
according to applicable laws or regulations:

TEN COM  --   as tenants in common
TEN ENT  --   as tenants by the entireties
JT TEN   --   as joint tenants with right of survivorship and not as
              tenants in common

UNIF GIFT MIN ACT -- ______________ Custodian___________
                     (Cust)                    (Minor)
         Under Uniform Gifts to Minors Act
         _________________________________
                     (State)

         Additional abbreviations may also be used though not in the above list.

         FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and
transfer(s) unto

Please Insert Social Security or
Other Identifying Number of Assignee

________________________________________________________________________________

________________________________________________________________________________

PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS INCLUDING POSTAL ZIP CODE OF ASSIGNEE

________________________________________________________________________________

________________________________________________________________________________

<PAGE>

the within Note of UGI UTILITIES, INC. and does hereby irrevocably constitute
and appoint

________________________________________________________________________________

________________________________________________________________________________

attorney to transfer the said Note on the books of the Company, with full power
of substitution in the premises.

Date:____________________

By:______________________

                                     NOTICE

The signature to this assignment must correspond with the name as written upon
the face of the within instrument in every particular, without alteration or
enlargement or any change whatever.

<PAGE>

                            [FORM OF FIXED RATE NOTE]

UNLESS AND UNTIL IT IS EXCHANGED IN WHOLE OR IN PART FOR NOTES IN DEFINITIVE
REGISTERED FORM, THIS NOTE MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE
DEPOSITORY TRUST COMPANY, 55 WATER STREET, NEW YORK, NEW YORK ("DTC"), OR SUCH
OTHER DEPOSITORY AS SPECIFIED BELOW (DTC OR SUCH OTHER DEPOSITORY BEING THE
"DEPOSITORY") TO A NOMINEE OF THE DEPOSITORY OR BY A NOMINEE OF THE DEPOSITORY
TO THE DEPOSITORY OR ANOTHER NOMINEE OF THE DEPOSITORY OR BY THE DEPOSITORY OR
ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITORY OR A NOMINEE OF SUCH SUCCESSOR
DEPOSITORY. UNLESS THIS NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR
PAYMENT, AND ANY NOTE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR SUCH
OTHER NAME AS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY AND
ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY THAT IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY, ANY TRANSFER, PLEDGE OR OTHER
USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL, INASMUCH AS
THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

     [If this Note is an original issue discount Note, insert any applicable
      -----------------------------------------------
legends required by the Internal Revenue Code of 1986, as amended, or by
Treasury regulations thereunder.]

CUSIP NO.                      PRINCIPAL AMOUNT: $

REGISTERED NO. FXR-

                               UGI UTILITIES, INC.

                        GLOBAL SERIES C MEDIUM-TERM NOTE

                                   FIXED RATE

INTEREST RATE PER ANNUM:       ORIGINAL ISSUE DATE:         MATURITY DATE:

INTEREST PAYMENT DATES         ISSUE PRICE (if other        MATURITY EXTENDABLE:
(if other than May 15 and      than the full Principal
November 15):                  Amount):
                                                            FINAL MATURITY DATE:

ORIGINAL ISSUE DISCOUNT        YIELD TO MATURITY (only      AMORTIZING NOTE:

<PAGE>

                               UGI UTILITIES, INC.
                        GLOBAL SERIES C MEDIUM-TERM NOTE
                                   FIXED RATE

NOTE:                          applicable if Note issued at
                               original issue discount):

OID DEFAULT AMOUNT (only       DENOMINATION: $1,000 and  INITIAL ACCRUAL PERIOD
applicable if Note issued at   increments of $1,000      OID COMPUTED UNDER
original issuance discount):   thereafter                ( Approximate) ( Exact)
                                                         METHOD:

REDEMPTION AT OPTION OF        OTHER PROVISIONS:         REPAYMENT AT OPTION OF
COMPANY:                                                 HOLDER:

PAYING AGENT (if other than                              DEPOSITORY (if other
Wachovia Bank, National                                  than Wachovia Bank,
Association):                                            National Association;
                                                         only applicable if
                                                         Note is a Global Note):

         UGI UTILITIES, INC., a corporation duly organized and existing under
the laws of the Commonwealth of Pennsylvania (herein called the "Company"), for
value received, hereby promises to pay to Cede & Co., or registered assigns, the
principal sum specified above (except to the extent redeemed or repaid prior to
the Maturity Date), at the office or agency of the Company maintained for that
purpose in The City of Philadelphia, Pennsylvania, or at any of the Company's
other offices, at the option of the Company, on the Maturity Date shown above,
or if such date is not a Business Day (as defined below), the next succeeding
Business Day, and to pay interest on said principal sum, if any, at the Interest
Rate Per Annum (computed on the basis of a 360-day year of twelve 30-day months)
shown above as such Interest Rate Per Annum may be modified above in accordance
with the Interest Rate Reset or otherwise, semiannually on each May 15 and
November 15 of each year (unless other Interest Payment Dates are set forth
above) (each, an "Interest Payment Date") until payment of said principal sum
has been made or duly provided for. Each payment of interest shall include
interest accrued from and including the Original Issue Date or the last Interest
Payment Date to which interest has been paid or duly provided for, as the case
may be, to but excluding the next Interest Payment Date or the Maturity Date, as
the case may be; provided, however, that if the Original Issue Date occurs
between a Regular Record Date, as defined below, and the related Interest
Payment Date, interest for the period beginning on the Original Issue Date and
ending on such Interest Payment Date shall be paid on the Interest Payment Date
following the next succeeding Regular Record Date, to the registered holder of
this Note (the "Holder") on such succeeding Regular Record Date. Subject to
certain exceptions provided in the Indenture referred to below, the interest so
payable on any Interest Payment Date shall be paid to the Person in whose name
this Note is registered at the close of business on the Regular Record Date next
preceding such Interest Payment Date, and interest payable on the Maturity Date
or upon redemption or repayment shall be paid to the Person to whom said
principal sum is payable. "Regular Record Date" shall mean, with respect to any
Interest Payment Date, the first calendar day (whether or not a Business Day) of
the month in which such Interest Payment Date occurs. "Business Day" shall mean
any day, other than Saturday or Sunday, that is not a day on which banking
institutions are authorized or

                                       2

<PAGE>

                               UGI UTILITIES, INC.
                        GLOBAL SERIES C MEDIUM-TERM NOTE
                                   FIXED RATE

required by law or regulation to be closed in The City of New York.

         Payments of interest, if any, shall be made by the Paying Agent to the
Depository in immediately available funds in accordance with existing
arrangements between the Paying Agent and the Depository; payments of principal
of and interest, if any, on the Maturity Date shall be made by the Paying Agent
by wire transfer in immediately available funds to an account specified by the
Depository.

         The Company shall pay any administrative costs imposed by banks in
connection with making payments in immediately available funds, but any tax,
assessment or governmental charge imposed upon payments shall be borne by the
Holder in respect of which such payments are made.

         Any payment due on this Note on a day that is not a Business Day shall
be made on the next succeeding Business Day with the same force and effect as if
made on such date, and no additional interest shall accrue as a result of such
delayed payment.

         This Note is one of a duly authorized issue of securities of the
Company (hereinafter called the "Securities"), all issued or to be issued under
and pursuant to an indenture dated as of August 1, 1993 (hereinafter called the
"Indenture"), duly executed and delivered by the Company and Wachovia Bank,
National Association, (formerly, First Union National Bank, and prior to that,
First Fidelity Bank, National Association), as Trustee (hereinafter, together
with any successor trustee or trustees under the Indenture called the
"Trustee"), to which Indenture and all indentures supplemental thereto reference
is hereby made for a description of the rights, obligations, duties and
immunities thereunder of the Trustee, the Company, and the holders of the
Securities. As provided in the Indenture, the Securities may be issued in one or
more series, which different series may be issued in various aggregate principal
amounts, may mature at different times, may bear interest, if any, at different
rates, may be subject to different extension, redemption or repayment
provisions, if any, may be subject to different sinking, purchase or analogous
funds, if any, and may otherwise vary as provided for or permitted by the
Indenture. This Note is one of a series of the Securities offered on a periodic
basis by the Company, which series is unlimited in aggregate principal amount,
designated as the Series C Medium-Term Notes (the "Notes") of the Company. The
Notes may mature at different times (but in all instances nine months or more
from their respective dates of issue), bear interest, if any, at different
rates, be redeemable at the option of the Company at different times or not at
all, and be repayable at the option of the Holder at different times or not at
all. In addition, the Company may be permitted to extend the maturity of the
Notes, but not beyond the Final Maturity Date.

         If this Note is sold at a discount to the Principal Amount (referred to
as an "original issue discount Note"), upon redemption or repayment (except in
the case of an Event of Default as set forth below) of this Note there shall be
payable in lieu of the Principal Amount, an amount equal to the Amortized Face
Amount of this Note. The "Amortized Face Amount," shall be equal to (a) the
Issue Price, as specified above, plus (b) the portion of the difference between
the Issue Price and the Principal Amount of this Note that has accrued at the
Yield to Maturity specified above (computed in accordance with generally
accepted United States bond yield computation principles) at the date as of
which such Amortized Face Amount is calculated, but in no event

                                        3

<PAGE>

                               UGI UTILITIES, INC.
                        GLOBAL SERIES C MEDIUM-TERM NOTE
                                   FIXED RATE

shall the Amortized Face Amount exceed the Principal Amount.

         Amortizing Notes are Notes as to which all or a portion of the
principal amount is payable prior to the Maturity Date in accordance with a
schedule, by application of a formula, or by reference to an Index. If this Note
is an Amortizing Note, the terms and conditions, including the terms for payment
hereof, shall be specified above.

         This Note indicates either (i) that such Note cannot be redeemed prior
to its Maturity Date or (ii) that such Note shall be redeemable, in whole or in
part, at the option of the Company on a specified date or dates prior to such
Maturity Date, at a price or prices specified above, together with interest
accrued to the date of redemption. If this Note is redeemable prior to Maturity,
the Company may redeem this Note either in whole or from time to time in part by
mailing notice to the Holder of such redemption by first class mail at least 30
days and not more than 60 days prior to the date fixed for redemption. If fewer
than all of the Notes of like terms are to be redeemed, the Notes to be redeemed
shall be selected by the Trustee by such method as the Trustee shall deem fair
and appropriate.

         This Note indicates either (i) that this Note cannot be repaid at the
option of the Holder prior to the Maturity Date or (ii) that this Note shall be
repayable at the option of the Holder on a date or dates specified prior to the
Maturity Date, at a price or prices specified above, together with interest
accrued to the date of repayment.

         In order for this Note to be repaid at the option of the Holder, the
Company must receive, at least 30 days but not more than 45 days prior to the
repayment date, this Note with the form entitled "Option to Elect Repayment"
hereon duly completed. Exercise of the repayment option by the Holder shall be
irrevocable, except as otherwise described above. The repayment option may be
exercised by the Holder for less than the aggregate principal amount of the Note
then outstanding, provided that the principal amount of the Note remaining
outstanding after repayment is an authorized denomination.

         The Depository's nominee will be the Holder and therefore will be the
only entity that can exercise a right of repayment. In order to ensure that the
Depository's nominee will timely exercise a right to repayment with respect to a
particular beneficial interest in a Global Note, the beneficial owner
("Beneficial Owner") of such interest must instruct the broker or other
participant through which it holds a beneficial interest in such Global Note to
notify the Depository of its desire to exercise a right to repayment. Each
Beneficial Owner should consult the broker or other participant through which it
holds a beneficial interest in this Note in order to ascertain the deadline by
which such an instruction must be given in order for notice to be timely
delivered by such broker or other participant to the Depository.

         This Note is issuable in global or definitive registered form without
coupons in the denominations indicated above. Upon due presentment for
registration of transfer of this Note at the principal office of the Trustee, a
new Note or Notes in an equal aggregate principal amount and like interest rate
and Maturity Date shall be issued to the transferee in exchange therefor,
subject to the limitations provided in the Indenture, without charge except for
any tax or other governmental charge imposed in connection therewith.

                                       4

<PAGE>

                               UGI UTILITIES, INC.
                        GLOBAL SERIES C MEDIUM-TERM NOTE
                                   FIXED RATE

         The Company may at any time purchase Notes at any price or prices in
the open market or otherwise. Notes so purchased by the Company may be held or
resold or, at the discretion of the Company, surrendered to the Trustee for
cancellation.

         In case an Event of Default, as defined in the Indenture, with respect
to the Notes shall have occurred and be continuing, the principal hereof may be
declared, and upon such declaration shall become, due and payable in the manner,
with the effect and subject to the conditions provided in the Indenture.

         With respect to an original issue discount Note, if an Event of Default
with respect to the Notes shall have occurred and be continuing, the amount of
principal of this Note which may be declared due and payable, with the effect
and subject to the conditions provided in the Indenture, shall be determined in
the manner specified under "OID Default Amount" above.

         No reference herein to the Indenture and no provision of this Note or
of the Indenture shall alter or impair the obligation of the Company, which is
absolute and unconditional, to pay the principal of and interest on this Note at
the places, at the respective times and at the rate herein prescribed.

         The Company, the Trustee, and any agent of the Company or the Trustee
may deem and treat the Holder hereof as the absolute owner hereof (whether or
not this Note shall be overdue and notwithstanding any notation of ownership or
other writing hereon) for the purposes of receiving payment of or on account of
the principal hereof and, subject to the provisions above, interest hereon, and
for all purposes, and neither the Company nor the Trustee nor any such agent
shall be affected by any notice to the contrary.

         No recourse shall be had for the payment of the principal of or the
interest on this Note or for any claims based hereon, or otherwise in respect
hereof, or based on or in respect of the Indenture or any indenture supplemental
thereto, against any incorporator, shareholder, officer or director as such,
past, present or future of the Company or of any successor corporation, whether
by virtue of any constitution, statute or rule of law or by the enforcement of
any assessment or penalty or otherwise, all such liabilities being, by the
acceptance hereof and as part of the consideration for the issue hereof,
expressly waived and released.

         The Indenture permits, with certain exceptions as therein provided, the
amendment thereof and the modification of the rights and obligations of the
Company and the rights of the holders of the Securities of each series to be
affected under the Indenture at any time by the Company and the Trustee with the
consent of the holders of not less than 51% in aggregate principal amount of the
Securities at the time outstanding of all series to be affected thereby (voting
as one class). The Indenture also contains provisions permitting the holders of
a majority in aggregate principal amount of all of the Securities of each
affected series at the time outstanding, on behalf of all holders of all
Securities of such series, to waive compliance by the Company with certain
provisions of the Indenture and certain past defaults under the Indenture and
their consequences. Any such consent or waiver by the Holder shall be conclusive
and binding upon the Holder and upon all future holders of any Security issued
upon the registration

                                       5

<PAGE>
                               UGI UTILITIES, INC.
                        GLOBAL SERIES C MEDIUM-TERM NOTE
                                   FIXED RATE

of transfer hereof or in exchange hereof or in lieu hereof, whether or not
notation of such consent or waiver is made upon this Note.

         As set forth in, and subject to, the provisions of the Indenture, no
holder of any Security of this series shall have any right to institute any
proceeding with respect to the Indenture or for any remedy thereunder, unless
such holder shall have previously given to the Trustee written notice of default
and the continuance thereof, the holders of not less than 25% in aggregate
principal amount of the Securities of this series then outstanding shall have
made written request upon the Trustee to institute such action or proceeding in
its own name as trustee thereunder and offered the Trustee such reasonable
indemnity as it may require against the costs, expenses and liabilities to be
incurred therein or thereby, and the Trustee shall not have received from the
holders of a majority in principal amount of the outstanding Securities of this
series a direction inconsistent with such request, and the Trustee shall have
failed to institute such proceeding within 60 days; provided, however, that such
limitations do not apply to a suit instituted by the Holder for the enforcement
of a payment of principal or interest on this Note on or after the respective
due dates expressed herein.

         Terms used herein which are defined in the Indenture shall have the
respective meanings assigned thereto in the Indenture.

         This Note shall be governed by and construed in accordance with the
laws of the State of New York.

         This Note shall not be valid or become obligatory for any purpose until
the Certificate of Authentication hereon shall have been signed by the Trustee
under the Indenture referred to below.

         IN WITNESS WHEREOF, the Company has caused this instrument to be duly
executed under its corporate seal.

Dated:

                                                UGI UTILITIES, INC.

                                                By:_____________________________
                                                Vice President

                                                ________________________________
                                                Secretary or Assistant Secretary

                                                [Seal]

TRUSTEE'S CERTIFICATE OF
AUTHENTICATION:

                                       6

<PAGE>

                               UGI UTILITIES, INC.
                        GLOBAL SERIES C MEDIUM-TERM NOTE
                                   FIXED RATE

This is one of the Securities of the series designated herein and referred to in
the within- mentioned Indenture.

WACHOVIA BANK, NATIONAL ASSOCIATION
as Trustee

By:___________________________
Authorized Officer

                                       7

<PAGE>

                               UGI UTILITIES, INC.
                        GLOBAL SERIES C MEDIUM-TERM NOTE
                                   FIXED RATE

                            OPTION TO ELECT REPAYMENT

                 TO BE COMPLETED ONLY IF THIS NOTE IS REPAYABLE
                   AT THE OPTION OF THE HOLDER AND THE HOLDER
                         ELECTS TO EXERCISE SUCH RIGHTS

         The undersigned hereby irrevocably requests and instructs the Company
to repay the within Note (or portion thereof specified below) pursuant to its
terms at a price equal to the amount referred to therein, together with interest
to the repayment date, to the undersigned, at __________________________________
________________________________________________________________________________
(Please print or typewrite name and address of the undersigned)

         For this Option to Elect Repayment to be effective, the Company must
receive at the address of the Paying Agent specified therein or at such other
place or places of which the Company shall from time to time notify the holder
of the within Note (the "Holder"), at least 30 days but not more than 45 days,
or if such day is not a Business Day, the next succeeding Business Day, prior to
the repayment date, this Note, with this "Option to Elect Repayment" form duly
completed.

         If less than the entire principal amount of the within Note is to be
repaid, specify the portion thereof (which shall be an Authorized Denomination)
which the Holder elects to have repaid: ______________________; and specify the
denomination or denominations (which shall be an Authorized Denomination) of the
Note or Notes to be issued to the Holder for the portion of the within Note not
being repaid (in the absence of any such specification, one such Note shall be
issued for the portion not being repaid): _________________

Date:    __________

By:      __________________________________

                                     NOTICE

The signature to this Option to Elect Repayment must correspond with the name as
written upon the Note in every particular without alteration or enlargement or
any other change whatsoever.

                                       8

<PAGE>

                               UGI UTILITIES, INC.
                        GLOBAL SERIES C MEDIUM-TERM NOTE
                                   FIXED RATE

                                  ABBREVIATIONS

         The following abbreviations, when used in the inscription on the face
of this instrument, shall be construed as though they were written out in full
according to applicable laws or regulations:

TEN COM -- as tenants in common
TEN ENT -- as tenants by the entireties
JT TEN  -- as joint tenants with right of survivorship and not as  tenants in
           common

UNIF GIFT MIN ACT -- ______________Custodian___________
                         (Cust)               (Minor)

         Under Uniform Gifts to Minors Act

         _________________________________
                  (State)

         Additional abbreviations may also be used though not in the above list.

         FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and
transfer(s) unto

Please Insert Social Security or
Other Identifying Number of Assignee

________________________________________________________________________________
________________________________________________________________________________
PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS INCLUDING POSTAL ZIP CODE OF ASSIGNEE
________________________________________________________________________________
________________________________________________________________________________
the within Note of UGI UTILITIES, INC. and does hereby irrevocably constitute
and appoint
________________________________________________________________________________
________________________________________________________________________________
attorney to transfer the said Note on the books of the Company, with full power
of substitution in the premises.

DATED: ________________

By: ___________________

                                     NOTICE

The signature to this assignment must correspond with the name as written upon
the face of the within instrument in every particular, without alteration or
enlargement or any change whatever.

                                       9<PAGE>

                                                                     EXHIBIT 4.2

                               UGI UTILITIES, INC.
                                MEDIUM-TERM NOTES
                              OFFICERS' CERTIFICATE

             PURSUANT TO SECTIONS 2.1, 2.3 AND 10.5 OF THE INDENTURE

         Pursuant to resolutions of the Board of Directors of UGI Utilities,
Inc. (the "Company") adopted April 30, 2002 (certified copies of which are
attached to this Certificate as Exhibit A), and in accordance with Sections 2.1
and 2.3 of the Indenture, dated as of August 1, 1993 (the "Indenture"), between
the Company and Wachovia Bank, National Association (formerly First Union Bank,
and, prior to that, First Fidelity Bank, National Association), as Trustee, the
undersigned, as Assistant Treasurer and Assistant Secretary of the Company,
hereby certify that a series of securities entitled "Series C Medium-Term Notes"
(the "Notes") has been authorized to be issued from time to time after the date
hereof under the Indenture and there is hereby established under the Indenture a
series as designated, limited initially to an aggregate principal amount to
$125,000,000 (or, if any Notes are issued at a discount from the principal
amount payable at maturity, such principal amount as shall result in an
aggregate initial offering price of $125,000,000), with the terms and in
substantially the forms set forth in Exhibits B-1 and B-2 hereto, for Fixed Rate
and Floating Rate Notes, respectively, with the specific interest rates,
interest rate formulas, maturities and other terms to be set forth in related
Pricing Supplements to the Prospectus Supplement dated May 15, 2002 (the
"Prospectus Supplement") to the Prospectus dated November 6, 2001, in accordance
with the Administrative Procedures set forth in Exhibit C to the Distribution
Agreement dated May 15, 2002 among the Company and Credit Suisse First Boston,
Janney Montgomery Scott LLC and First Union Securities, Inc. (copies of the
Prospectus Supplement and Exhibit C to the Distribution Agreement are attached
to this Certificate as Exhibits C and D, respectively).

         Each of the undersigned (i) has read and is familiar with the covenants
and conditions in the Indenture pertaining to the establishment of a series of
securities to be issued under the Indenture, (ii) has, among other things,
discussed said covenants and conditions with counsel for the Company, (iii) has
made such examination as, in his opinion, is necessary to enable him to express
an informed opinion as to whether or not such covenants and conditions have been
complied with in connection with the establishment of a series of securities
under the Indenture, and (iv) in his opinion, such covenants and conditions have
been complied with.

Dated:  May 15, 2002

                                           ________________________________
                                           Robert W. Krick
                                           Assistant Treasurer

                                           ________________________________
                                           Margaret M. Calabrese
                                           Assistant Secretary

<PAGE>

                                                                       EXHIBIT A

                               UGI UTILITIES, INC.

                        ASSISTANT SECRETARY'S CERTIFICATE

The undersigned certifies that:

1.     She is the Assistant Secretary of UGI Utilities, Inc., a Pennsylvania
corporation (the "Company").

2.     Attached as Appendix A is a true and correct copy of resolutions duly
adopted by the Board of Directors of the Company at a meeting called, convened
and held on April 30, 2002, at which a quorum was present and acting throughout.

3.     These resolutions have not been amended, modified or rescinded and remain
in full force and effect on the date of this certificate.

Dated: May 15, 2002

[Corporate Seal]                                 _______________________________
                                                 Margaret M. Calabrese
                                                 Assistant Secretary

<PAGE>

                         RESOLVED, that establishment by the Company
               of a new series of securities entitled "Series C
               Medium-Term Notes" (the "Notes"), unlimited in
               aggregate principal amount but initially in an
               aggregate principal amount of up to $125,000,000 (or,
               if any Notes are issued at a discount from the
               principal amount payable at maturity, such principal
               amount as shall result in an aggregate initial offering
               price of $125,000,000), and with maturities of nine
               months or more from the date of issuance, for issuance
               from time to time pursuant to the Indenture dated as of
               August 1, 1993, between the Company and Wachovia Bank,
               National Association, (formerly, First Fidelity Bank),
               as Trustee (the "Indenture"); is approved.

                         RESOLVED, the form of Prospectus Supplement
               presented to this Board (draft dated March 27, 2002)
               relating to the Notes is approved, with such changes
               and additions as any officer of the Company and counsel
               may approve.

                         RESOLVED, Wachovia Bank, National
               Association, which is the Trustee under the Indenture
               or such other qualified financial institution as may be
               selected by the Treasurer of the Company is appointed
               to act as Paying Agent and Registrar for the Notes
               under the Indenture.

                         RESOLVED, the Chairman of the Board of
               Directors, the President or any Vice President and the
               Treasurer or any Assistant Treasurer or the Secretary
               or any Assistant Secretary (all of whom may sign by
               facsimile signature) are each authorized to execute on
               behalf of the Company and under its corporate seal
               (which may be in facsimile) up to $125,000,000
               principal amount of Notes in the form as may be
               approved by the officers executing the Notes, and the
               Trustee is hereby authorized and directed to
               authenticate and deliver the Notes as provided in the
               Indenture.

                         RESOLVED, the Notes are to be issued in the
               form of one or more Global Securities.

                         RESOLVED, it is desirable that the Notes be
               qualified or registered for sale in various states and
               foreign jurisdictions; and the President or any Vice
               President, and the Secretary, Assistant Secretary,
               Treasurer or any Assistant Treasurer of the Company are
               to determine the states in which appropriate action
               shall be taken to qualify or register for sale all or
               such part of the Notes as such officers may deem
               advisable; and such officers are hereby authorized on
               behalf of the Company in its name to take any and all
               action as may be necessary or desirable to effect the
               registration or

<PAGE>

               qualification (or exemption therefrom) of all or any
               part of the Notes for issue, offer, sale or trade under
               the Blue Sky or securities or other applicable laws of
               the states of the United States of America or other
               jurisdictions, and in connection therewith to execute,
               acknowledge, verify, deliver, file, or cause to be
               published any applications, reports, surety bonds,
               consents of service of process, appointments of
               attorneys to receive service of process, issuer's
               covenants, resolutions and other papers, documents and
               instruments as may be required under such laws and to
               take any and all further action as may be necessary or
               desirable to maintain any such registration,
               qualification or exemption for as long as may be
               necessary or desirable or as may be required by law.

                         RESOLVED, in connection with the immediately
               preceding resolution, any and all resolutions
               appointing or authorizing any officers or agencies of
               any jurisdiction of the United States and of such other
               jurisdictions as such officers and counsel for the
               Company may deem advisable, as agents for the service
               of process upon the Company which may be required by
               the securities laws of such jurisdiction in order to
               permit the Notes to be offered or sold therein, for the
               purpose of offering or selling the Notes therein, are
               hereby adopted in the form prescribed, as fully as if
               set out verbatim herein, and any officer of this
               Company is authorized to certify that any such
               resolution has been adopted at this meeting, and the
               Secretary or the Assistant Secretary of the Company
               shall cause a copy of such resolutions so certified,
               upon the authority of this resolution, to be filed in
               the minute books of this Board.

                         RESOLVED, the engagement of Credit Suisse
               First Boston Corporation, Janney Montgomery Scott LLC,
               and First Union securities, Inc. as agents for the
               solicitation of offers for the Notes, is approved,
               ratified and confirmed.

                         RESOLVED, the form of Distribution Agreement
               between the Company and Credit Suisse First Boston
               Corporation, Janney Montgomery Scott LLC, and First
               Union Securities, Inc. (the "Agents") (the
               "Distribution Agreement") submitted to this Board
               (draft dated March 20, 2002) is approved, and the
               President or any Vice President or the Treasurer of the
               Company is authorized to execute and deliver, in the
               name and on behalf of the Company, the Distribution
               Agreement, with any changes and additions as the
               officer of the Company executing the Distribution
               Agreement and counsel for the Company may approve.

                         RESOLVED, in connection with the offering of
               the Notes, notwithstanding the limitations placed on
               the authority of the Executive Committee by its Charter
               adopted by this Board on

<PAGE>

               February 27, 2001 (which withholds from the Executive
               Committee of this Board the authority to increase the
               long-term indebtedness of the Company), this Board
               hereby authorizes a majority of the members of the
               Executive Committee of this Board acting with or
               without a meeting, or, subject to the limitations on
               aggregate principal amount set forth below, the
               Chairman of the Board or the President and the
               Treasurer or the Assistant Treasurer of the Company,
               acting together (the "Authorized Officers"), to
               establish the terms and conditions of the Notes to be
               issued from time to time, including without limitation,
               (i) the precise principal amount of the Notes to be
               sold (subject initially to a maximum aggregate
               principal amount of $125,000,000 or, if any Notes are
               issued at a discount from the principal amount payable
               at maturity, such principal amount as shall result in
               an aggregate initial offering price of $125,000,000),
               (ii) the offering price of the Notes to purchasers,
               (iii) the amount of the commissions to the Agents, (iv)
               the sale price of the Notes to the Agents, (v) the
               interest rate or interest rate formula (including
               applicable base rate), or mechanism to determine
               interest or principal payments by reference to indices,
               applicable to the Notes, (vi) the interest payment
               dates and exact maturity date of the Notes, (vii) the
               redemption and repayment provisions and prices, if any,
               and (viii) if other than the principal amount thereof,
               the portion of the principal amount of any Note which
               shall be payable upon declaration of acceleration of
               maturity or provable in bankruptcy.

                         RESOLVED, in connection with the offering of
               the Notes, this Board hereby authorizes the Authorized
               Officers to establish the terms and conditions for (i)
               Notes issued in an amount of principal and premium, if
               any, payable on the Company's long-term debt within six
               months following the issue date of the Notes, and (ii)
               up to $30,000,000 principal amount of Notes in any
               fiscal quarter of the Company.

                         RESOLVED, all actions previously taken by any
               officer or other representative of the Company
               consistent with the purposes and intent of the
               foregoing resolutions are approved, ratified and
               confirmed.

                         RESOLVED, any officer of the Company is
               authorized to execute such other agreements,
               certificates, consents, corporate papers and other
               documents, borrow such funds, make such payments and
               take all other action that such officer and counsel for
               the Company may deem necessary or desirable to carry
               out the intent and purposes of the foregoing
               resolutions.

<PAGE>

                               UGI UTILITIES, INC.
                                MEDIUM-TERM NOTES
                              OFFICERS' CERTIFICATE

             PURSUANT TO SECTIONS 2.1, 2.3 AND 10.5 OF THE INDENTURE

         Exhibit B-1 to Exhibit 4.2 is incorporated by reference to Exhibit 4.1
to UGI Utilities, Inc. Current Report on Form 8-K filed on May 21, 2002.

         Exhibit B-2 to Exhibit 4.2 is incorporated by reference to Exhibit 4.1
to UGI Utilities, Inc. Current Report on Form 8-K filed on May 21, 2002.

         Exhibit C to Exhibit 4.2 is incorporated by reference to UGI Utilities,
Inc. Prospectus Supplement filed on May 15, 2002 pursuant to Rule 424(b)(2) of
the Securities Act of 1933, as amended.

         Exhibit D to Exhibit 4.2 is incorporated by reference to Exhibit C to
Exhibit 1.1 to UGI Utilities, Inc. Current Report on Form 8-K filed on May 21,
2002.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00039-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00039-of-00352.parquet"}]]