New Issue: Goldman Sachs sells $3.5 million buffered notes linked to S&P 500

By E. Janene Geiss

Philadelphia, Sept. 17 - Goldman Sachs Group, Inc. priced $3.5 million of 0% buffered equity index-linked notes due Nov. 16, 2010 based on the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any positive index return, subject to a maximum return of 12%. Investors will receive par if the index declines by 20% or less and will lose 1.25% for every 1% that it declines beyond 10%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Buffered equity index-linked notes
Underlying index:	S&P 500
Amount:	$3,495,000
Maturity:	Nov. 16, 2010
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, up to maximum return of 12%; par if index falls by 20% or less; 1.25% loss for every 1% decline beyond 20%
Initial index level:	1,049.15
Pricing date:	Sept. 15
Settlement date:	Sept. 29
Underwriter:	Goldman, Sachs & Co.
Fees:	0.1%

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