New Issue: Goldman Sachs prices $7 million 4.65% trigger notes exchangeable for Yahoo

New York, Jan. 28 - The Goldman Sachs Group Inc. priced $7 million of one-year 4.65% trigger notes mandatorily exchangeable for the common stock of Yahoo! Inc., according to a 424B3 filing with the Securities and Exchange Commission.

Issuer:	Goldman Sachs Group Inc.
Underlying stock:	Yahoo! Inc.
Issue:	Trigger mandatory exchangeable medium-term notes
Amount:	$7.002 million
Maturity:	Feb. 1, 2006
Coupon:	4.65%, payable quarterly
Price:	Par of $34.567
Payout at maturity:	1 share of Yahoo stock per $34.567 principal amount, capped at $41.4804 or 120% above initial stock price of $34.567, in cash or stock at Goldman's option; if market price does not fall below threshold price then payout has a floor of par, in cash or stock at Goldman's option
Threshold price:	$24.1969, 70% of initial price of $34.567
Call:	Non-callable
Pricing date:	Jan. 24
Settlement date:	Jan. 31

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