New Issue: Goldman Sachs prices $21.32 million absolute return trigger notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Jan. 30 - The Goldman Sachs Group, Inc. priced $21.32 million of 0% absolute return trigger notes due May 11, 2009 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index remains within 20.4% of its initial level throughout the life of the notes, the payout at maturity will be par plus the absolute value of the index return. Otherwise, the payout will be par.

Goldman, Sachs & Co. is the underwriter.

Issuer:	The Goldman Sachs Group, Inc.
Issue:	Absolute return trigger notes
Underlying index:	S&P 500
Amount:	$21,316,000
Maturity:	May 11, 2009
Coupon:	0%
Price:	Par
Payout at maturity:	If the index remains within the index range throughout the life of the notes, par plus the absolute value of the index return; otherwise, par
Initial index level:	1,330.32
Index range:	1,058.935 to 1,601.705, inclusive
Pricing date:	Jan. 28
Settlement date:	Feb. 11
Underwriter:	Goldman, Sachs & Co.
Fees:	0.1%

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