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To: Glenn D. Rudolph who wrote (74168)8/16/1999 9:49:00 PM
From: GST  Respond to of 164684
 
Glenn <Am I good on when the cash would be gone? <G>> Yes -- you were right on :)



To: Glenn D. Rudolph who wrote (74168)8/16/1999 10:18:00 PM
From: GST  Read Replies (2) | Respond to of 164684
 
Monday August 16, 9:43 pm Eastern Time

AOL registers 35 mln shares to cover stock options

NEW YORK, Aug 16 (Reuters) - America Online Inc. (NYSE:AOL - news) registered
to offer a total of 35 million additional shares of common stock worth $2.9 billion, mainly
to cover stock options for employees, directors and consultants, AOL said in a U.S.
regulatory filing on Monday.

The total 35 million additional shares would come on top of America Online's more than 1 billion shares outstanding at the
end of the 1999 fiscal year in June, AOL said.

The value of the common stock and preferred stock purchase rights was $2,911,562.50, based on an average price per
AOL common share of $83.1875 and calculated by determining the high and low prices for the prior five business days of
trading on the New York Stock Exchange, the filing said.