Deep V and I CCD images in a central and an outer field of the Local G
roup dwarf elliptical galaxy NGC 147 have been obtained with the Wide
Field and Planetary Camera-2 (WFPC2) on board of the Hubble Space Tele
scope. The color-magnitude diagram shows a number of interesting featu
res, including a well defined red giant branch (RGB); a red horizontal
branch (HB), a strong red clump, and a small number of extended asymp
totic giant branch (EAGB) stars. A mean distance modulus of (m-M)(0)=2
4.39 is derived based on both the HB and the RGB tip brightness. The m
etallicity [Fe/H] as determined from the RGB color has a mean value of
-0.91 in the central field, and -1.0 in the outer field; and the oute
r field shows a weak tendency of increasing metallicity with galactoce
ntric radius. A metallicity dispersion is also present in the galaxy,
and it shows a clear radial variation in the sense that a larger dispe
rsion is seen at smaller radii. The small population of EAGB stars ind
icates the presence of intermediate-aged (several Gyr) stars in the ga
laxy, while the absence of the main sequence stars with M(V)<1 shows t
hat star formation ceased at least 1 Gyr ago. The distribution of the
EAGB stars indicates that the younger stars are more centrally concent
rated than the majority of older stars. A similar age gradient is also
implied by the relative distribution of the HB stars, which appear to
be more populous at larger radii. These results are considered within
the context of theoretical models for the evolution of dwarf elliptic
al galaxies. (C) 1997 American Astronomical Society.