New Issue: Goldman prices $15 million enhanced outperformance notes linked to S&P 100, Russell 2000

By Jennifer Chiou

New York, March 12 - Goldman Sachs Group, Inc. priced $15 million of 0% enhanced outperformance notes due Dec. 31, 2008 linked to the S&P 100 as the long index versus the Russell 2000 as the short index, according to a 424B2 filing with the Securities and Exchange Commission.

If the percentage increase of the long index is at least that of the short index, the payout at maturity will be par plus double the amount by which the long performance exceeds the short performance, capped at 16%.

Otherwise, the payout will be par minus the percentage by which the short index performance exceeds that of the long index.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Enhanced outperformance notes
Underlying indexes:	S&P 100, Russell 2000
Amount:	$15 million
Maturity:	Dec. 31, 2008
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus double the amount by which the long performance exceeds the short performance, capped at 16%, if the percentage increase of the long index is at least that of the short index; otherwise, par minus the percentage by which the short index performance exceeds that of the long index
Initial level:	597.27 for the long index; 658.16 for the short index
Pricing date:	March 10
Settlement date:	March 17
Underwriter:	Goldman, Sachs & Co.
Fees:	0.05%

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