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Published on 7/28/2009 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $4.64 million buffered notes linked to S&P 500

By E. Janene Geiss

Philadelphia, July 28 - Goldman Sachs Group, Inc. priced $4.64 million of 0% buffered equity index-linked notes due Aug. 27, 2010 liked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 108.5%. Investors will receive par if the index declines by 25% or less and will lose 1.3333% for every 1% that it declines beyond 25%.

Goldman, Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Buffered equity index-linked notes
Underlying index:S&P 500
Amount:$4.64 million
Maturity:Aug. 27, 2010
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 108.5%; par if index falls by 25% or less; 1.3333% loss for every 1% decline beyond 25%
Initial index level:970.75
Pricing date:July 24
Settlement date:Aug. 7
Underwriter:Goldman, Sachs & Co.
Fees:0.1%

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