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Correction: Lehman Brothers' planned offering of Nikkei-linked notes
The market commentary in the Feb. 12 issue of the Prospect News Structured Products Daily incorrectly described the call feature and expected payout for the 0% buffered annual review notes to be priced by Lehman Brothers Holdings Inc.
The notes will be automatically called at increasing premiums if the index level on any review date is at or above its initial level. The redemption amount will be par plus between 10.3% and 10.8% if the notes are called on Feb. 26, 2008, par plus between 20.6% and 21.6% if called on Feb. 23, 2009 and par plus between 30.9% and 32.4% if called on Feb. 24, 2010. The actual percentages will be determined at pricing.
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