<PAGE> 1
PROSPECTUS SUPPLEMENT #1 FILED PURSUANT TO RULE 424(B)(3)
(TO PROSPECTUS DATED JUNE 7, 2000) REGISTRATION NO. 333-32228
[EXCITE@HOME LOGO]
AT HOME CORPORATION
$500,000,000 PRINCIPAL AMOUNT
4 3/4% CONVERTIBLE SUBORDINATED NOTES DUE 2006
SHARES OF SERIES A COMMON STOCK
ISSUABLE UPON CONVERSION OF THE NOTES
-------------------------
This prospectus supplement relates to the resale by the holders of 4 3/4%
Convertible Subordinated Notes due 2006 of Excite@Home and the shares of Series
A common stock of Excite@Home issuable upon the conversion of the notes.
You should read this prospectus supplement in conjunction with the prospectus
dated June 7, 2000, which is to be delivered with this prospectus supplement.
All capitalized terms used but not defined in this prospectus supplement shall
have the meanings given to them in the prospectus.
The information in the table appearing under the heading "Selling
Securityholders" in the prospectus is superseded in part by the information
appearing in the table below:
<TABLE>
<CAPTION>
PRINCIPAL AMOUNT OF SHARES OF SERIES A
NOTES BENEFICIALLY SHARES OF SERIES A COMMON STOCK
OWNED THAT PERCENTAGE OF NOTES COMMON STOCK THAT MAY
NAME MAY BE SOLD OUTSTANDING BENEFICIALLY OWNED BE SOLD
---- ------------------- ------------------- ------------------ ------------------
<S> <C> <C> <C> <C>
Argent Classic Convertible
Arbitrage Fund (Bermuda)
L.P. ........................... $10,000,000 2.0% 176,940 176,940
Argent Convertible Arbitrage Fund
Ltd. ........................... $ 2,000,000 * 35,388 35,388
IBM Retirement Plan -- High
Income.......................... $ 450,000 * 7,962 7,962
San Diego County Employee's
Retirement Association.......... $ 300,000 * 5,308 5,308
The Northwestern Mutual Life
Insurance Company............... $ 6,750,000 1.4% 119,434 119,434
Wasserstein Perella Securities,
Inc. ........................... $ 5,000,000 1.0% 88,470 88,470
Other holders of notes and future
transferees of these holders
(**)............................ $72,743,000 14.5% 1,287,114 1,287,114
</TABLE>
-------------------------
* Less than 1%.
** Assumes that any other holders of notes, or any future transferees of these
holders, do not beneficially own any Series A common stock other than the
Series A common stock issuable upon conversion of the notes.
-------------------------
INVESTING IN OUR CONVERTIBLE SUBORDINATED NOTES OR OUR SERIES A COMMON STOCK
INVOLVES A HIGH DEGREE OF RISK. PLEASE CAREFULLY CONSIDER THE "RISK FACTORS"
BEGINNING ON PAGE 2 OF THE PROSPECTUS.
NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES
COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR PASSED UPON THE
ADEQUACY OR ACCURACY OF THIS PROSPECTUS OR THIS PROSPECTUS SUPPLEMENT. ANY
REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
The date of this prospectus supplement is June 12, 2000.
