New Issue: Lehman prices $1.25 million principal protection notes linked to three indexes

By Laura Lutz

Des Moines, Dec. 10 - Lehman Brothers Holdings Inc. priced $1.25 million of zero-coupon 100% principal protection notes due Dec. 11, 2011 linked to an international index basket, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Dow Jones Euro Stoxx 50 index with a 50% weight, the Nikkei 225 index with a 30% weight and the FTSE 100 index with a 20% weight.

The payout at maturity will be par plus 90% of any gain on the basket. Investors will receive at least par.

Lehman Brothers Inc. is the underwriter.

Issuer:	Lehman Brothers Holdings Inc.
Issue:	100% principal protection notes
Underlying indexes:	Dow Jones Euro Stoxx 50 (50% weight), Nikkei 225 (30% weight) and FTSE 100 (20% weight)
Amount:	$1.25 million
Maturity:	Dec. 11, 2011
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 90% of any basket gain; floor of par
Initial index levels:	4,414.66 for Euro Stoxx 50; 15,874.08 for Nikkei 225; 6,485.60 for FTSE 100
Pricing date:	Dec. 6
Settlement date:	Dec. 11
Underwriter:	Lehman Brothers Inc.
Fees:	None

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