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FILED PURSUANT TO
RULE 424(b)(3)
FILE NO: 333-60111
PROSPECTUS SUPPLEMENT
(To Prospectus dated December 10, 1998)
10,079,703 Shares of Common Stock, par value $0.01
$60,000,000 of 8.65% Senior Notes due April 1, 2003
Superior Financial Corp.
Selling Shareholders
Name of Holder Number of Shares Position with Company (if any)
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Reference is made to page 85 220
of the Prospectus
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Terms of the Offer
Name of Broker Phone Number
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INVEST/SUPERIOR FINANCIAL SVS (501) 324-7404
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Anticipated Sale Date Price per Share Commissions
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2-5-99 $11.25 $40.00
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Other Notes -- Discounts, restrictions, etc.
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In connection with any sale by a Selling Shareholder hereunder, no member
of the NASD will earn sales commissions, fees or other similar compensation in
connection with such sale which, in the aggregate exceed 8% of the sales price
of the securities being sold by such Holder.
A COPY OF THE PROSPECTUS MUST BE DELIVERED PRIOR TO SALE
TO ANY BUYER TO WHOM THESE SECURITIES ARE OFFERED FOR SALE
See "Risk Factors" commencing on page 9 of the Prospectus for a discussion
of certain factors that should be considered by prospective investors.
THE COMMON STOCK AND SENIOR NOTES OFFERED HEREBY ARE NOT SAVINGS ACCOUNTS OR
DEPOSITS AND ARE NOT INSURED BY THE FEDERAL DEPOSIT INSURANCE CORPORATION, THE
SAVINGS ASSOCIATION INSURANCE FUND, THE BANK INSURANCE FUND OR ANY
GOVERNMENT AGENCY
THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND
EXCHANGE COMMISSION ON ANY STATE SECURITIES COMMISSION NOR HAS THE SECURITIES
AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION PASSED UPON THE
ACCURACY OR ADEQUACY OF THIS PROSPECTUS SUPPLEMENT. ANY REPRESENTATION
TO THE CONTRARY IS A CRIMINAL OFFENSE
The date of this Prospectus Supplement is February 5, 1999.
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