Prospectus Supplement No. 19
The Prospectus dated November 14, 1996 (the "Prospectus") relating to the offer
for resale of up to $115,000,000 aggregate principal amount of 5.5% Convertible
Subordinated Debentures due 2006 of Aames Financial Corporation (the "Company")
and 6,160,713 shares of the common stock of the Company, par value $0.001 per
share, into which such Debentures are convertible is hereby amended as follows:
The following entity is hereby named as a Selling Security Holder as
contemplated on page 33 of the Prospectus:
Selling Security Holder Principal Amount of Debentures
---------------------- ------------------------------
JMG Convertible Investments L.P. $1,200,000
1999 Avenue of the Stars, Suite 1950
Los Angeles, California 90067
TQA Vantage Fund, Ltd. $950,000
31 West 52nd Street
New York, New York 10019
SoundShore Partners L.P. $850,000
29 Richmond Road
Pembroke, Bermuda HM08
KA Trading L.P. $528,000
440 S. La Salle St., Suite 700
Chicago, Illinois 60605
McMahan Securities Co. L.P. $250,000
591 West Putman Avenue
Greenwich, Connecticut 06830
KA Management Limited $242,000
48 Par La Ville Road, Suite 464
Hamilton, Bermuda HM11
The date of this Prospectus Supplement is May 8, 1997.
