New Issue: Goldman prices $575,000 annual reset coupon notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Oct. 28 - Goldman Sachs Group, Inc. priced $575,000 of buffered annual reset coupon equity index-linked notes due Oct. 30, 2014 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable annually and will equal 7.5% if the index's return for that year is positive or zero. Otherwise, the coupon will be the 2% for that year. Each year, the index's return will be measured from the preceding annual observation date.

The payout at maturity will be par unless the final index level is less than 80% of the initial index level, in which case investors will lose 1% for every 1% that the index declines below the buffer.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Buffered annual reset coupon equity index-linked notes
Underlying index:	S&P 500
Amount:	$575,000
Maturity:	Oct. 30, 2014
Coupon:	7.5% if index's return for that year is positive or zero; otherwise, 2%; payable annually
Price:	Par
Payout at maturity:	Par unless final index level is less than 80% of initial index level, in which case 1% loss for every 1% that index declines below the buffer
Initial index level:	1,242.00
Pricing date:	Oct. 26
Settlement date:	Oct. 31
Underwriter:	Goldman Sachs & Co.
Fees:	2.95%
Cusip:	38143UF48

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