Prospectus Supplement Filed Pursuant to Rule 424(b)(3)
(To Prospectus dated October 12, 2000) Registration Number 333-44960
$805,000,000
Diamond Offshore Drilling, Inc.
Zero Coupon Convertible Debentures Due June 6, 2020
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This prospectus supplement relates to the resale by the holders of
our Zero Coupon Convertible Debentures Due June 6, 2020 and the shares of our
common stock issuable upon the conversion of the debentures.
This prospectus supplement should be read in conjunction with, and
may not be delivered or utilized without, the prospectus dated October 12, 2000.
The terms of the debentures are set forth in the prospectus.
The information in the table appearing under the heading "Selling
Securityholders" in the prospectus is amended by adding the information below
with respect to persons not previously listed in the prospectus and by
superceding the information with respect to persons previously listed in the
prospectus that are listed below.
<TABLE>
<CAPTION>
PRINCIPAL AMOUNT AT NUMBER OF
MATURITY OF DEBENTURES PERCENTAGE OF CONVERSION
BENEFICIALLY OWNED DEBENTURES SHARES THAT
NAME THAT MAY BE SOLD OUTSTANDING MAY BE SOLD
---- ---------------- ----------- -----------
<S> <C> <C> <C>
ECT Investments, Inc..................................... $9,500,000 1.18% 81,771
Merrill Lynch International Limited...................... $1,600,000 0.20% 13,772
Merrill Lynch Pierce Fenner & Smith Inc.................. $3,056,000 0.38% 26,304
UBS O'Connor, LLC, f/b/o UBS Global Equity
Arbitrage Master Limited.............................. $6,500,000 0.81% 55,948
UBS Warburg LLC.......................................... $6,500,000 0.81% 55,948
Any other holder of Debentures or future transferee
from any such holder (1).............................. $326,407,000 40.55% 2,809,548
Total.................................................... $805,000,000 100.00% 6,929,020 (2)
</TABLE>
(1) Information concerning other selling holders of Debentures will be set forth
in prospectus supplements from time to time, if required.
(2) The conversion shares do not total 6,929,038 shares due to rounding
resulting from the elimination of fractional shares.
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The date of this prospectus supplement is October 31, 2000.
