Filed Under Rule 424 (b)(3) and (c)
File Number 333-46633
Prospectus Supplement Dated October 26, 1999
to
Prospectus Dated June 16, 1998
AMERICA ONLINE, INC.
$350,000,000
of 4% Convertible Subordinated Notes due November 15, 2002 and
the Shares of Common Stock Into Which They May be Converted
and
204,139 Shares of Common Stock
This prospectus supplement adds information to the prospectus dated
June 16, 1998 of America Online, Inc. relating to:
(i) the $350,000,000 principal amount of 4% Convertible Subordinated Notes
due November 15, 2002 (the "Notes") of America Online, held by certain
selling securityholders described in the prospectus (the "Note Selling
Securityholders"), and the shares of common stock, par value $.01 per
share, of America Online into which they may be converted; and
(ii) 204,139 shares of common stock separate from the Notes held by certain
selling securityholders described in the prospectus (when referred to
together with the Note Selling Securityholders, the "Selling
Securityholders").
The Notes were issued and sold on November 17, 1997 to the initial
purchasers. The initial purchasers then immediately sold the Notes in the United
States to persons they believed were qualified institutional buyers, and outside
the United States to non-U.S. persons in offshore transactions. The sales of the
Notes did not require registration with the Securities and Exchange Commission.
This prospectus supplement should be read together with the prospectus, and
highlights and replaces some information in the prospectus.
SELLING SECURITYHOLDERS
Note Selling Securityholders
The table of Note Selling Securityholders in the prospectus is amended
to add the following Note Selling Securityholders:
Common Stock Issuable
Principal Amount Upon Conversion
Selling Holder of Notes Owned
Donaldson, Lufkin & Jenrette
Securities Corp. 100,000 7,663.76
Goldman, Sachs & Company 40,000 3,065.50
