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Published on 6/29/2010 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs sells $3.36 million 0% trigger notes linked to S&P 500

By Marisa Wong

Milwaukee, June 29 - Goldman Sachs Group, Inc. priced $3.36 million of 0% index-linked trigger notes due Jan. 6, 2012 based on the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

A trigger event occurs if the index falls by more than 25% during the life of the notes.

If a trigger event does not occur, the payout at maturity will be par plus the greater of the index return and a contingent minimum return of 10.65%, up to the maximum settlement amount of $1,300 per $1,000 principal amount.

Otherwise, the payout at maturity will be par plus the index return, up to a cap of 30%. Investors will be exposed to any losses.

Goldman, Sachs & Co. is the underwriter with J.P. Morgan Securities Inc. as co-agent.

Issuer:Goldman Sachs Group, Inc.
Issue:Index-linked trigger notes
Underlying index:S&P 500
Amount:$3,359,000
Maturity:Jan. 6, 2012
Coupon:0%
Price:Par
Payout at maturity:If index falls by more than 25% during life of notes, par plus index return, with exposure to losses; otherwise, par plus greater of index return and 10.65%; in either case, cap of 30%
Initial index level:1,076.76
Pricing date:June 25
Settlement date:June 30
Underwriter:Goldman, Sachs & Co. with co-agent J.P. Morgan Securities Inc.
Fees:1.4%
Cusip:38143UKU4

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