New Issue: Goldman Sachs prices $10 million trigger notes linked to gold

By Angela McDaniels

Tacoma, Wash., June 28 - Goldman Sachs Group, Inc. priced $10 million of 0% commodity-linked trigger notes due Dec. 30, 2011 linked to the price of gold, according to a 424B2 filing with the Securities and Exchange Commission.

If the gold return is positive, the payout at maturity will be par plus the gain, subject to a maximum return of 75%.

If gold stays at or above the trigger amount - 80% of the initial price - during the life of the notes and the gold return is between zero and negative 20%, the payout at maturity will be par.

If gold ever falls below the trigger amount and the gold return is negative, the payout will be par plus the gold return.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Commodity-linked trigger notes
Underlying commodity:	Gold
Amount:	$10 million
Maturity:	Dec. 30, 2011
Coupon:	0%
Price:	Variable
Payout at maturity:	If gold return is positive, par plus the gain, up to maximum return of 75%; if gold stays at or above trigger amount during life of notes and gold return is between zero and negative 20%, par; if gold ever dips below trigger amount and gold return is negative, par plus gold return
Initial gold price:	$1,236.25
Trigger amount:	$989.00, 80% of initial price
Pricing date:	June 24
Settlement date:	July 1
Underwriter:	Goldman, Sachs & Co.
Fees:	0.1%
Cusip:	38143UKN0

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