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>
Protective Life Insurance Company............................ $ 20,000,000 2.48% 172,150
Morgan Stanley Dean Witter Convertible Securities Trust...... $ 6,000,000 0.75% 51,645
The Northwestern Mutual Life Insurance Company (1) .......... $ 13,000,000 1.61% 111,897
Bankers Trust Company as trustee for Daimler Chrysler Corp
Employee No. 1 Pension Plan............................... $ 3,470,000 0.43% 29,868
Franklin and Marshall College................................ $ 235,000 0.03% 2,022
Penn Treaty Network America Insurance Company................ $ 280,000 0.03% 2,410
State Street Bank as custodian for GE Pension Trust.......... $ 1,715,000 0.21% 14,761
Lutheran Brotherhood......................................... $ 5,000,000 0.62% 43,037
IL Annuity & Insurance Company............................... $ 30,000,000 3.73% 258,225
Hamilton Partners Limited.................................... $ 53,000,000 6.58% 456,197
Pacific Life Insurance Company............................... $ 20,016,000 2.49% 172,287
Lehman Brothers Inc.......................................... $ 10,940,000 1.36% 94,166
Potlatch-First Trust Co. of St. Paul......................... $ 1,200,000 0.15% 10,329
Standard Insurance Company................................... $ 650,000 0.08% 5,594
Key Trust Convertible Securities Fund........................ $ 315,000 0.04% 2,711
EB Convertible Securities Fund............................... $ 1,900,000 0.24% 16,354
Charitable Convertible Securities Fund....................... $ 2,000,000 0.25% 17,215
Parker Hannifin Pension/Key.................................. $ 400,000 0.05% 3,443
Omnova Solutions............................................. $ 120,000 0.01% 1,032
Aerojet Inc. Foundation...................................... $ 65,000 0.01% 559
Any other holder of Debentures or future transferees from
any such Holder (2).......................................... $ 156,101,000 19.39% 1,343,639
Total........................................................ $ 805,000,000 100.00% 6,929,013 (3)
</TABLE>
<PAGE>
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(1) Includes $1,000,000 principal amount held in The Northwestern Mutual Life
Insurance Company Group Annuity Separate Account.
(2) Information concerning other selling holders of Debentures will be set
forth in prospectus supplements from time to time, if required.
(3) 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 November 9, 2000.
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