The isothermal compression of a dilute nucleonic gas invoking cluster degrees of freedom is studied in an equilibrium statistical model; this clusterized system is found to be more stable than the pure nucleonic system. The equation of state (EoS) of this matter shows features qualitatively very similar to the one obtained from pure nucleonic gas. In the isothermal compression process, there is a sudden enhancement of clusterization at a transition density rendering features analogous to the

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... -liquid phase transition in normal dilute nucleonic matter. Different observables like the caloric curves, heat capacity, isospin distillation, etc. are studied in both the models. Possible changes in the observables due to recently indicated medium modifications in the symmetry energy are also investigated.