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 "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) -------------- ---------------- ----------- --------------- --------------- Absolute Return Fund Ltd. $ 1,817,000 * 26,740 * Lexington (IMA) Limited 1,025,000 * 15,085 * OZ Master Fund, Ltd. 37,158,000 4.95% 546,843 * * 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 402,049,377 shares of common stock outstanding as of March 13, 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 March 20, 2002 End of Filing