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Published on 12/31/2008 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $21.49 million leveraged notes linked to MSCI EAFE

By Jennifer Chiou

New York, Dec. 31 - Goldman Sachs Group Inc. priced $21.49 million of 0% leveraged equity index-linked notes due July 14, 2009 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 125% of any index gain, capped at a maximum return of 29.875%. Investors will receive par if the index declines by 10% or less and will lose 1.1111% for each 1% decline beyond 10%.

Goldman, Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Leveraged equity index-linked notes
Underlying index:MSCI EAFE
Amount:$21,494,000
Maturity:July 14, 2009
Coupon:0%
Price:Par
Payout at maturity:Par plus 125% of any index gain, capped at maximum return of 29.875%; par if index falls by 10% or less; 1.1111% loss for each 1% decline beyond 10%
Initial index level:2,262
Pricing date:Dec. 28
Settlement date:Jan. 14
Underwriter:Goldman, Sachs & Co.
Fees:0.15%

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