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Published on 3/17/2008 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $18.13 million leveraged notes linked to MSCI EAFE

By Laura Lutz

Des Moines, March 17 - Goldman Sachs Group, Inc. priced $18.13 million of 0% leveraged notes due Sept. 28, 2009 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is at least the initial level, the payout at maturity will be par plus 110% of any index gain, capped at a payout equal to 127.72% of par.

If the index declines by up to 20%, the payout will be par. Investors will lose 1.25% for each 1% that the index declines beyond 20%.

Goldman, Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Leveraged notes
Underlying index:MSCI EAFE index
Amount:$18,125,000
Maturity:Sept. 28, 2009
Coupon:0%
Price:Par
Payout at maturity:Par plus 110% of any index gain, capped at payout equal to 127.72% of par; par if index declines by up to 20%; investors will lose 1.25% for each 1% that index declines beyond 20%
Initial index level:2,005.00
Pricing date:March 13
Settlement date:March 27
Underwriter:Goldman, Sachs & Co.
Fees:0.15%

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