New Issue: Lehman prices $155,000 principal-protected notes linked to nine commodities

By Angela McDaniels

Tacoma, Wash., Nov. 27 - Lehman Brothers Holdings Inc. priced $155,000 of zero-coupon principal-protected notes with enhanced participation due Nov. 30, 2010 linked to a basket of commodities, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes light sweet crude oil with a 20% weight as well as No. 2 fuel heating oil, copper - grade A, primary nickel, special high-grade zinc, gold, platinum, No. 2 yellow corn and No. 2 wheat, each with a 10% weight.

The payout at maturity will be par plus 115% of any basket gain. Investors will receive at least par.

Lehman Brothers Inc. is the underwriter.

Issuer:	Lehman Brothers Holdings Inc.
Issue:	Principal-protected notes with enhanced participation
Underlying commodities:	Light sweet crude oil (20% weight) and No. 2 fuel heating oil, copper - grade A, primary nickel, special high-grade zinc, gold, platinum, No. 2 yellow corn and No. 2 wheat (each with a 10% weight)
Amount:	$155,000
Maturity:	Nov. 30, 2010
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 115% of any basket gain; floor of par
Pricing date:	Nov. 26
Settlement date:	Nov. 30
Underwriter:	Lehman Brothers Inc.
Fees:	0.5%

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