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Filing pursuant to Rule 424(b)(3) of the
Securities Act of 1993, as amended.
Registration Statement on Form S-3 (333-34891)
889,198 SHARES OF COMMON STOCK
FIRSTPLUS FINANCIAL GROUP, INC.
FIRST SUPPLEMENT DATED JANUARY 5, 1998
TO PROSPECTUS DATED SEPTEMBER 17, 1997
TERMS USED IN THIS SUPPLEMENT AND NOT OTHERWISE
DEFINED ARE USED AS DEFINED IN THE PROSPECTUS.
On September 3, 1997, FIRSTPLUS Financial Group, Inc. (the "Company")
filed a registration statement containing a prospectus relating to, among
other things, 889,198 Shares of Common Stock that may be offered and sold
from time to time by certain Selling Stockholders of the Company (the
"Prospectus").
Since September 3, 1997, G. Elton Todd, one of the beneficial owners of
Common Stock included in the table appearing on page 14 of the Prospectus
(the "Selling Stockholders Table"), has notified the Company that he has
transferred 20,500 of his Shares to the Community Foundation of Greater
Greenville, Inc. (the "Foundation"). As a result: (i) the Foundation should
be added to the list of Selling Stockholders who did not acquire their shares
in the acquisition of The Modern Finance Company in the first sentence of the
paragraph following the Selling Stockholders Table; (ii) the following
sentence should be added immediately preceding the last sentence of the first
paragraph following the Selling Stockholders Table "The Community Foundation
of Greater Greenville, Inc., acquired its shares as a charitable donation
from G. Elton Todd pursuant to a donor agreement signed on December 30,
1997", and (iii) the Selling Stockholders Table is amended as follows:
NUMBER OF SHARES NUMBER OF NUMBER OF SHARES
OF COMMON STOCK SHARES OF OF COMMON STOCK
BENEFICIALLY OWNED COMMON BENEFICIALLY OWNED
PRIOR TO STOCK AFTER
NAME OFFERING (1) OFFERED OFFERING (2)
- ------------------------- ------------------ --------- ------------------
Community Foundation of
Greater Greenville, Inc. 20,500 20,500 0
G. Elton Todd 459,349 219,424 239,925
Footnotes (1) and (2) to the Selling Stockholders Table are unaffected.
