New Issue: Goldman upsizes absolute return trigger notes linked to S&P 500 to $44.19 million

By Susanna Moon

Chicago, Sept. 2 - Goldman Sachs Group, Inc. priced another $16.94 million of 0% absolute return trigger notes due Nov. 10, 2009 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The add-on priced at 99.93% of par and brings the issue to $44.19 million. The issuer priced $27.25 million of the notes at par on Aug. 20.

If the index stays at or above the lower barrier and at or below the upper barrier throughout the life of the notes, payout at maturity will be par plus the absolute value of the index return. The payout is capped at $1,200 per note.

The upper barrier is 120% of the initial level. The lower barrier is 80% of the initial level.

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 index
Amount:	$44,189,000, up from $27,251,000
Maturity:	Nov. 10, 2009
Coupon:	0%
Price:	Par on Aug. 20; 99.93 on Aug. 28
Payout at maturity:	If index stays within barriers throughout life of notes, par plus absolute value of index return, capped at $1,200 per note; otherwise, par
Initial level:	1,263.63
Lower barrier:	1,010.904, 80% of initial level
Upper barrier:	1,516.356, 120% of initial level
Pricing date:	Aug. 20 for $27,251,000; Aug. 28 for $16,938,000
Settlement date:	Sept. 4
Underwriter:	Goldman, Sachs & Co.
Fees:	0.1%

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