UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A

(Rule 14a-101)

INFORMATION REQUIRED IN PROXY STATEMENT

SCHEDULE 14A INFORMATION

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Securities Exchange Act of 1934

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FS INVESTMENT CORPORATION III

(Name of Registrant as Specified In Its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

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*** Exercise Your Right to Vote ***

Important Notice Regarding the Availability of Proxy Materials for the

Stockholder Meeting to Be Held on December 3, 2018.

	Meeting Information
FS INVESTMENT CORPORATION III	Meeting Type:	Annual Meeting
	For holders as of:	October 10, 2018
	Date: December 3, 2018	Time: 11:00 AM Eastern Time
	Location:   201 Rouse Blvd.
	Philadelphia, PA 19112
FS INVESTMENT CORPORATION III 201 ROUSE BOULEVARD PHILADELPHIA, PA 19112	You are receiving this communication because you hold shares in the company named above.
	This is not a ballot. You cannot use this notice to vote these shares. This communication presents only an overview of the more complete proxy materials that are available to you on the Internet. You may view the proxy materials online at www.proxyvote.com, scan the QR Barcode on the reverse side, or easily request a paper copy (see reverse side).
	We encourage you to access and review all of the important information contained in the proxy materials before voting.

See the reverse side of this notice to obtain proxy materials and voting instructions.  

     Before You Vote

          How to Access the Proxy Materials

Proxy Materials Available to VIEW or RECEIVE:

NOTICE AND PROXY STATEMENT                     ANNUAL REPORT

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       How To Vote          Please Choose One of the Following Voting Methods

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Voting Items

	The Board of Directors recommends you vote FOR the following: 1.  Election of Directors        Nominees:
		01.	Barbara Adams	07.	Michael J. Hagan
		02.	Frederick Arnold	08.	Jeffrey K. Harrow
		03.	Todd Builione	09.	Jerel A. Hopkins
		04.	Brian R. Ford	10.	James H. Kropp
		05.	Michael C. Forman	11.	Joseph P. Ujobai
		06.	Richard Goldstein
	The Board of Directors recommends you vote FOR the following proposal: 2.  To ratify the appointment of RSM US LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2018. NOTE: Such other business as may properly come before the meeting or any adjournment thereof.