New Issue: Lehman upsizes to $6.263 million enhanced participation notes linked to 10 commodities

By E. Janene Geiss

Philadelphia, Aug. 20 - Lehman Brothers Holdings Inc. added $30,000 to an issue of principal-protected enhanced participation notes due Aug. 9, 2010 linked to 10 commodities, according to an FWP filing with the Securities and Exchange Commission.

The issue initially priced Aug. 1 at $3.35 million, then was upsized to $5.05 million, upsized again to $5.455 million, then upsized to $6.233 million before the final increase to $6.263 million.

The basket consists of equal weights (10%) of Brent crude oil, No. 2 fuel heating oil, copper - grade A, primary nickel, special high grade zinc, gold, No. 11 world sugar, coffee robusta, class III milk and lean hogs.

The payout at maturity will be par plus 125% of the basket return. If the basket declines, investors will receive par.

Lehman Brothers Inc. will be the agent for the offering.

Issuer:	Lehman Brothers Holdings Inc.
Issue:	Principal-protected return enhanced notes
Underlying assets:	Equal weights (10%) of Brent crude oil, No. 2 heating oil, copper - grade A, primary nickel, special high grade zinc, gold, No. 11 world sugar, coffee robusta, class III milk and lean hogs
Amount:	$6.263 million, up from $3.35 million
Maturity:	Aug. 9, 2010
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 125% of any positive return on the index; floor of par
Pricing date:	Aug. 1
Settlement date:	Aug. 8
Underwriter:	Lehman Brothers Inc.
Fees:	1.8%

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