New Issue: Goldman Sachs prices $10.59 million absolute return trigger notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., April 18 - Goldman Sachs Group, Inc. priced $10.59 million of 0% absolute return trigger notes due April 9, 2009 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index stays at or above the lower barrier and at or below the upper barrier throughout the life of the notes, the payout at maturity will be par plus the absolute value of the index return. The upper and lower barriers are 15.15% above and below the initial level, respectively.

If the index is ever outside the barrier range, the payout will be par.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Absolute return trigger notes
Underlying index:	S&P 500
Amount:	$10,594,000
Maturity:	April 9, 2009
Coupon:	0%
Price:	Par
Payout at maturity:	If index stays at or above lower barrier and at or below upper barrier, par plus absolute value of index return; otherwise, par
Initial level:	1,346.56
Lower barrier:	1,142.556, 84.85% of initial level
Upper barrier:	1,550.564, 115.15% of initial level
Pricing date:	April 16
Settlement date:	April 30
Underwriter:	Goldman, Sachs & Co.
Fees:	0.05%

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