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Published on 1/20/2009 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs sells $9.55 million leveraged buffered notes linked to S&P 500

By Susanna Moon

Chicago, Jan. 20 - Goldman Sachs Group, Inc. priced $9.55 million of 0% leveraged buffered equity index-linked notes due July 23, 2010 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Payout at maturity will be par plus 1.5 times any index gain, up to a maximum settlement amount of $1,412.50 per $1,000 principal amount.

Investors will receive par if the index falls by up to 15% and will be exposed to losses beyond 15%.

Goldman, Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Leveraged buffered equity index-linked notes
Underlying index:S&P 500 index
Amount:$9,552,000
Maturity:July 23, 2010
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.5 times any index gain, capped at $1,412.50; par if index falls by 15% and exposure to losses beyond 15%
Initial index level:841.25
Pricing date:Jan. 15
Settlement date:Jan. 25
Underwriter:Goldman, Sachs & Co.
Fees:0.25%

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