Filed Pursuant to Rule 424(b)(3)
                                                Registration No. 333-69572

          PROSPECTUS SUPPLEMENT TO THE PROSPECTUS DATED OCTOBER 9, 2001
                                       OF
                               MIRANT CORPORATION

                                   RELATING TO
                       RESALES BY SELLING SECURITYHOLDERS
                                       OF
                   2.5% CONVERTIBLE SENIOR DEBENTURES DUE 2021

The Prospectus dated October 9, 2001 ("the  Prospectus")  relating to resales by
selling   securityholders  of  Mirant   Corporation's  2.5%  Convertible  Senior
Debentures Due 2021 is hereby supplemented by amending the "Recent Developments"
section  on page 7  thereof  by  inserting  the  following  developments  at the
conclusion of that section:

The   Prospectus   is  also  hereby   supplemented   by  amending  the  "Selling
Securityholders"  section on page 36 thereof by inserting  the  following as new
selling securityholders:




                                                                                Number of
                                             Aggregate                          Shares of
                                          Principal Amount                      Associated
                                          of Debentures At  Total Percentage   Common Stock  Total Percentage
             Name of Selling                  Maturity       of Debentures         that       of Common Stock
             Securityholder               that May be Sold    Outstanding    May be Sold (1)  Outstanding (2)
             --------------               ----------------    -----------    ---------------  ---------------
                                                                                        
   JC Penney Insurance Co Group               $310,000             *              4,562              *

*      Indicates ownership of less than 1%.


(1) Assumes conversion of all of the holder's debentures at a conversion rate of
14.7167  shares of common stock per $1,000  principal  amount at maturity of the
debentures,  rounded down to the nearest whole number of shares.  However,  this
conversion  rate is subject to adjustment  as described  under  "Description  of
Debentures  -  Conversion  Rights."  As a result,  the  amount  of common  stock
issuable  upon  conversion  of the  debentures  may  increase or decrease in the
future.

(2) Calculated based on Rule  13d-3(d)(i) of the Exchange Act using  400,800,852
shares of common  stock  outstanding  as of January 11,  2002.  Pursuant to that
rule, in calculating this amount for each holder,  we treated as outstanding the
number of  shares  of  common  stock  issuable  upon  conversion  of all of that
holder's  debentures  but  did  not  assume  conversion  of any  other  holder's
debentures.

None of the selling securityholders have held any principal position,  office or
had any other material  relationship  within the past three years with us or our
predecessors or affiliates.


                  Prospectus Supplement dated January 17, 2002

                                  End of Filing