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FILED PURSUANT TO RULE 424(b)(3)
REGISTRATION NO. 33-65493
PROSPECTUS SUPPLEMENT
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(TO PROSPECTUS DATED JANUARY 22, 1996)
(as supplemented by Prospectus Supplements dated February 28, 1996, April 18,
1996, May 28, 1996, June 5, 1996, June 17, 1996, June 20, 1996, June 25, 1996,
June 28, 1996, July 10, 1996, July 26, 1996, August 20, 1996, September 17,
1996, September 24, 1996, October 18, 1996 and November 14, 1996)
TELE-COMMUNICATIONS, INC.
TELE-COMMUNICATIONS, INC. SERIES A TCI GROUP COMMON STOCK
($1.00 PAR VALUE)
TELE-COMMUNICATIONS, INC. SERIES A LIBERTY MEDIA GROUP COMMON STOCK
($1.00 PAR VALUE)
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The following Selling Stockholder sold shares of the Company's
Tele-Communications, Inc. Series A TCI Group Common Stock ("TCOMA") and
Tele-Communications, Inc. Series A Liberty Media Group Common Stock ("LBTYA") on
the dates, in the amounts and at the prices set forth below:
On December 17, 1996, Michael Naify sold (i) 20,000 shares of TCOMA at
$12.375 per share and (ii) 5,000 shares of LBTYA at $26.75 per share.
All 20,000 shares of TCOMA and 5,000 shares of LBTYA were sold by the Selling
Stockholder mentioned above to Montgomery Securities, as principal. No
commission or other compensation was paid to Montgomery Securities in connection
with such sales.
Immediately following the sales described above, Michael Naify beneficially
owned 74,385 shares of TCOMA and 18,596 shares of LBTYA which are issuable upon
the conversion of certain Notes, and which shares represent less than 1% of the
outstanding shares of TCOMA and 1% of the outstanding shares of LBTYA. The
share numbers in the preceding sentence do not include (a) 229,996 shares of
TCOMA and 57,499 shares of LBTYA issuable upon conversion of Notes owned of
record by Marshall Naify as sole trustee under the Michael S. Naify 1963 Trust
and (b) 109,328 shares of TCOMA and 27,332 shares of LBTYA issuable upon
conversion of Notes owned of record by John M. Sherwood as trustee under the
Michael S. Naify 1981 Trust.
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 SUPPLEMENT OR THE PROSPECTUS. ANY
REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
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The date of this Prospectus Supplement is December 20, 1996
