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Rule 424(b)(3)
Registration No. 333-96145
GLOBALSTAR TELECOMMUNICATIONS LIMITED
PROSPECTUS SUPPLEMENT NO. 1 DATED APRIL 13, 2000
TO PROSPECTUS DATED FEBRUARY 14, 2000
The Selling Holders table on pages 47 - 48 of the Prospectus is hereby
amended to add certain entities as selling holders and to update certain share
information regarding other selling holders which were previously listed.
Number of Shares Number of Shares
of Preferred of Conversion
Selling Holders Stock Shares
- --------------- ---------------- ----------------
Tribeca Investments LLC 254,800* 490,814*
JMG Triton Offshore Fund, Ltd. 54,300* 104,596*
Aragon Investments, Ltd. 11,900 22,923
Value Line Convertible Fund 10,000 19,263
Citadel Trading Group LLC 7,300 14,062
Guardian Pension Trust 6,000* 11,558*
Jackson Investment Fund Ltd. 800 1,541
- -----------------------------------
* Total number of shares; includes shares already listed in the Prospectus.
The Plan of Distribution on pages 49-50 is also amended by adding the
following paragraph at the bottom of page 49:
In addition, the Securities covered by this prospectus may be disposed of
from time to time in one or more transactions through hedging transactions with
broker-dealers, short sales, delivery of the Securities to close out such short
positions, and in cross transactions.
