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Filed pursuant to
Rule 424(b)(3)
Reg Nos. 333-36434
and 333-36434-01
PROSPECTUS SUPPLEMENT NO. 1
(To Prospectus dated August 30, 2000)
NTL (Delaware), Inc.
5 3/4% Convertible Subordinated Notes Due 2009
NTL Incorporated
Shares of Common Stock
This Prospectus Supplement No. 1 supplements and amends the Prospectus dated
August 30, 2000, relating to the 5 3/4% Convertible Subordinated Notes Due
2009 of NTL (Delaware), Inc. and the shares of NTL Incorporated's common stock,
par value $.01 per share, issuable upon conversion of the Convertible Notes.
The table on pages 46 through 47 of the Prospectus sets forth information with
respect to the Selling Security Holders (as defined in the Prospectus) and the
respective amounts of Convertible Notes beneficially owned by each Selling
Securityholder that may be offered pursuant to the Prospectus. This Prospectus
Supplement amends that table by adding the following Selling Security Holders,
or to the extent such persons are already named as Selling Security Holders, by
amending the respective amounts of Convertible Notes beneficially owned.
<TABLE>
<CAPTION>
Principal Percent of Common
Amount of Total Stock Owned Common
Convertible Principal Prior to Stock to Be
SELLING SECURITY NOTES Amount of Original Registered by
HOLDERS ($) Outstanding Offering the Prospectus
------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Boston High Yield
Cayman Unit Trust $3,500,000 * -- 32,352.25
Canyon Value Realization
(Cayman) Ltd. 11,000,000 * -- 101,678.50
CIBC World Markets 7,000,000 * -- 64,704.50
Circlet (IMA) Limited 4,500,000 * -- 41,595.75
Delphi Financial
Group, Inc. 500,000 * -- 4,621.75
Duckbill & Co. 2,500,000 * -- 23,107.50
Guardian High Yield
Bond Fund 330,000 * -- 3,050.36
Guardian VC High
Yield Bond Fund 170,000 * -- 1,571.40
------------------------------------------------------------------------------------------------------------------------------
</TABLE>
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<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
Goldman Sachs and
Company 282,000 * - 2,606.67
Jersey (IMA) Ltd. 750,000 * - 6,932.63
JMG Capital
Partners, L.P. 32,921,000 2.74 - 304,305.26
JMG Triton Offshore
Fund, Ltd. 38,254,000 3.19 - 353,600.85
LB Series Fund,
Inc. High Yield
Portfolio 6,000,000 * - 55,461.00
Libertyview Funds
L.P. 2,250,000 * - 20,797.88
LLT Limited 400,000 * - 3,697.40
Lutheran Brother-
hood High Yield
Fund 3,000,000 * - 27,730.50
Lydian Overseas
Partners Master
Fund 40,000,000 3.33 - 369,740.00
Peoples Benefit
Life Insurance
Company 4,000,000 * - 36,974.00
Peoples Benefit
Life Insurance
Company TEAMSTERS 2,000,000 * - 18,487.00
Pine Grove
Enhanced Partners,
L.P. 1,000,000 * - 9,243.50
Putnam Convertible
Income - Growth
Trust 5,500,000 * - 50,839.25
Putnam Funds
Trust - Putnam High
Trust II 410,000 * - 3,789.84
Putnam High Yield
Advantage Fund 1,010,000 * - 9,335.94
Putnam High Yield
Fixed Income Fund,
LLC 10,000 * - 92.44
Putnam High Yield
Managed Trust 550,000 * - 5,083.93
R2 Investments,
LDC 15,500,000 1.29 - 143,274.25
Retail Clerks
Pension Trust #2 2,500,000 * - 23,108.75
</TABLE>
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<PAGE> 3
--------------------------------------------------------------------------------
Southport Manage-
ment Partners, L.P. 1,100,000 * -- 10,167.85
--------------------------------------------------------------------------------
Southport Partners
International, Ltd. 3,250,000 * -- 30,041.38
--------------------------------------------------------------------------------
St. Albans Partners
Ltd. 2,000,000 * -- 18,487.00
--------------------------------------------------------------------------------
Strategic Global Fund
- High Yield Fixed
Income (Putman)
Fund 20,000 * -- 184.87
--------------------------------------------------------------------------------
Value Realization
Fund, LP 8,000,000 * -- 73,948
--------------------------------------------------------------------------------
Value Realization
Fund B, LP 500,000 * -- 4,621.75
--------------------------------------------------------------------------------
Zurich HFR Master
Hedge Fund Index
Ltd. 250,000 * -- 2,310.88
--------------------------------------------------------------------------------
* Less than one percent
In addition, the information with respect to the Selling Security Holders is
amended by deleting the following Selling Security Holders from the table:
Chrysler Corporation Master Retirement Trust, Delta Air Lines Master Trust,
Motion Picture Industry Health Plan - Active Member Fund, Motion Picture
Industry Health Plan - Retiree Member Fund, Northwestern Mutual Life Insurance
Company, OCM Convertible Trust, Partner Reinsurance Company Ltd., State
Employees' Retirement Fund of the State of Delaware and Vanguard Convertible
Securities Fund, Inc.
The Prospectus, together with this Prospectus Supplement No. 1 constitutes the
prospectus required to be delivered by Section 5(b) of the Securities Act of
1933, as amended, with respect to offers and sales of the Convertible Notes and
the Common Stock issuable upon conversion of the Convertible Notes.
Prospective investors should carefully consider matters discussed under the
caption "Risk Factors" beginning on page 4 of the Prospectus.
THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND
EXCHANGE COMMISSION OR 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. ANY REPRESENTATION TO THE CONTRARY IS A
CRIMINAL OFFENSE.
The date of this Prospectus Supplement No. 1 is September 26, 2000.
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