-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 TnvxcyIjdFWtCHimkRU2Rprpx10qj1yQhBiRDY+uug6W0iWovRsSnDgNFKIxMMKc
 iN3A3xJTXfDSAX1s7lA7IA==

<SEC-DOCUMENT>0000831968-08-000098.txt : 20081125
<SEC-HEADER>0000831968-08-000098.hdr.sgml : 20081125
<ACCEPTANCE-DATETIME>20081125155605
ACCESSION NUMBER:		0000831968-08-000098
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20081125
FILED AS OF DATE:		20081125
DATE AS OF CHANGE:		20081125

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			CONTI P SCOTT
		CENTRAL INDEX KEY:			0001193985

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12761
		FILM NUMBER:		081213844

	MAIL ADDRESS:	
		STREET 1:		75 HAMMOND STREET
		CITY:			WORCESTER
		STATE:			MA
		ZIP:			01610

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PROVIDENCE & WORCESTER RAILROAD CO/RI/
		CENTRAL INDEX KEY:			0000831968
		STANDARD INDUSTRIAL CLASSIFICATION:	RAILROADS, LINE-HAUL OPERATING [4011]
		IRS NUMBER:				050344399
		STATE OF INCORPORATION:			RI
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		75 HAMMOND ST
		CITY:			WORCESTER
		STATE:			MA
		ZIP:			01610
		BUSINESS PHONE:		5087554000

	MAIL ADDRESS:	
		STREET 1:		PROVIDENCE & WORCESTER RAILROAD CO
		STREET 2:		75 HAMMOND STREET
		CITY:			WORCESTER
		STATE:			MA
		ZIP:			01610
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4psc20081125_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-11-25</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000831968</issuerCik>
        <issuerName>PROVIDENCE &amp; WORCESTER RAILROAD CO/RI/</issuerName>
        <issuerTradingSymbol>PWX</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001193985</rptOwnerCik>
            <rptOwnerName>CONTI P SCOTT</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>75 HAMMOND STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WORCESTER</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>01610</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>President</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2008-11-25</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>200</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>10.00</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>7086</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <ownerSignature>
        <signatureName>/s/ P. Scott Conti</signatureName>
        <signatureDate>2008-11-25</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----