New Issue: Goldman Sachs prices $14.42 million absolute return trigger notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., March 28 - Goldman Sachs Group, Inc. priced $14.42 million of 0% absolute return trigger notes due July 9, 2009 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index remains at or above the lower index boundary and at or below the upper index boundary 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.

The upper and lower boundaries are 22.5% above and 15% below the initial index level, respectively.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Absolute return trigger notes
Underlying index:	S&P 500
Amount:	$14,423,000
Maturity:	July 9, 2009
Coupon:	0%
Price:	Par
Payout at maturity:	If the index remains at or above the lower index boundary and at or below the upper index boundary throughout the life of the notes, par plus the absolute value of the index return; otherwise, par
Initial index level:	1,345.09
Upper index boundary:	1,644.373, 122.25% of initial level
Lower index boundary:	1,143.327, 85% of initial level
Pricing date:	March 26
Settlement date:	April 9
Underwriter:	Goldman, Sachs & Co.
Fees:	0.1%

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