New Issue: Goldman Sachs sells $18 million buffered index-linked notes on S&P 500

By Susanna Moon

Chicago, July 12 - Goldman Sachs Group, Inc. priced $18 million of 0% buffered index-linked notes due Aug. 9, 2011 based on the performance of 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 index gain, up to a maximum settlement amount of $1,290 per $1,000 principal amount.

Investors will receive par if the index falls by up to 10% and will be exposed to any decline beyond 10%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Buffered index-linked notes
Underlying index:	S&P 500 index
Amount:	$18 million
Maturity:	Aug. 9, 2011
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus index gain, capped at 29%; exposure to losses beyond 10%
Initial index level:	1,070.25
Pricing date:	July 8
Settlement date:	July 13
Underwriter:	Goldman, Sachs & Co.
Fees:	0.1%
Cusip:	38145X814

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