New Issue: Goldman Sachs sells $9.56 million absolute return trigger notes linked to S&P 500

By Susanna Moon

Chicago, Nov. 20 - Goldman Sachs Group, Inc. priced $9.56 million of 0% absolute return trigger notes due Nov. 28, 2011 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 during the life of the notes, at maturity investors will receive par plus the absolute value of the index return, up to a maximum of $1,220 per $1,000 principal amount.

The upper barrier is 122% of the initial level. The lower barrier is 78% of the initial level.

Otherwise, 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:	$9,555,000
Maturity:	Nov. 28, 2011
Coupon:	0%
Price:	Par
Payout at maturity:	If index stays within barrier range, par plus absolute value of index return, capped at 22%; otherwise, par
Initial index level:	1,103.31
Lower barrier:	860.5818, or 78% of initial level
Upper barrier:	1,346.0382, or 122% of initial level
Pricing date:	Nov. 18
Settlement date:	Nov. 28
Underwriter:	Goldman, Sachs & Co.
Fees:	0.175%

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