New Issue: Lehman prices $8.24 million principal-protected notes linked to international indexes

By Laura Lutz

Des Moines, Aug. 30 - Lehman Brothers Holdings Inc. priced an $8.24 million issue of principal protection notes due Aug. 31, 2011 linked to an international index basket, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of a 35% weight of the Dow Jones Euro Stoxx 50 index, a 25% FTSE 100 index, a 25% weight of the Nikkei 225 index, a 5% weight of the Swiss Market index, a 5% weight of the S&P/ASX 200 index and a 5% weight of the MSCI Emerging Markets index.

The payout at maturity will be par plus 102% of any gain on the basket. Investors will receive at least par.

Lehman Brothers Inc. and UBS Financial Services Inc. are the underwriters.

Issuer:	Lehman Brothers Holdings Inc.
Issue:	Principal protection notes
Underlying basket:	35% weight of the Dow Jones Euro Stoxx 50 index, 25% FTSE 100 index, 25% weight of the Nikkei 225 index, 5% weight of the Swiss Market index, 5% weight of S&P/ASX 200 index and 5% weight of MSCI Emerging Markets index
Amount:	$8,238,780
Maturity:	Aug. 31, 2011
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 102% of any basket gain; floor of par
Pricing date:	Aug. 28
Settlement date:	Aug. 31
Underwriter:	UBS Financial Services Inc., Lehman Brothers Inc.
Fees:	3%

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