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Published on 3/26/2008 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $36 million leveraged notes linked to Russell 3000

By Angela McDaniels

Tacoma, Wash., March 26 - Goldman Sachs Group, Inc. priced $36 million of 0% leveraged notes due June 29, 2009 linked to the Russell 3000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain, subject to a maximum return of 24.5%. Investors will receive par if the index falls by 5% or less and will lose 1% for each 1% decline beyond 5%.

Goldman, Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Leveraged notes
Underlying index:Russell 3000
Amount:$36 million
Maturity:June 29, 2009
Coupon:0%
Price:Par
Payout at maturity:Par plus double any index gain, capped at maximum return of 24.5%; par if the index falls by 5% or less; 1% loss for each 1% decline beyond 5%
Initial index level:779.24
Pricing date:March 24
Settlement date:March 27
Underwriter:Goldman, Sachs & Co.
Fees:0.1%

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