New Issue: Goldman Sachs prices $9.94 million 18-month notes linked to five currencies

By Angela McDaniels

Tacoma, Wash., Aug. 13 - Goldman Sachs Group, Inc. priced $9.94 million of 0% notes due Feb. 25, 2011 linked to the performance of a basket of currencies relative to the U.S. dollar, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes equal weights of the Australian dollar, Brazilian real, Chinese renminbi, Indian rupee and Norwegian krone.

If the basket appreciates relative to the U.S. dollar, the payout at maturity will be par plus 1.65 times the gain. Investors will share in the decline if the basket depreciates relative to the U.S. dollar by 20% or less and will receive 80% of par if it depreciates by more than 20%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Currency-linked notes
Underlying currencies:	Australian dollar, Brazilian real, Chinese renminbi, Indian rupee and Norwegian krone, equally weighted
Amount:	$9,937,000
Maturity:	Feb. 25, 2011
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.65 times any basket gain versus the U.S. dollar; par minus the decline if basket weakens versus the U.S. dollar by 20% or less; 80% of par if basket weakens by more than 20%
Initial exchange rates:	$0.8310 per Australian dollar; $0.5398 per real; $0.1463 per renminbi; $0.0208 per rupee; $0.1600 per krone
Pricing date:	Aug. 11
Settlement date:	Aug. 25
Underwriter:	Goldman, Sachs & Co.
Fees:	0.15%

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