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Published on 2/12/2008 in the Prospect News Structured Products Daily.

New Issue: Lehman prices $418,000 0% principal-protected notes linked to Latin American currencies

By Laura Lutz

Des Moines, Feb. 12 - Lehman Brothers Holdings Inc. priced $418,000 of zero-coupon principal-protected notes with enhanced participation due Feb. 12, 2010 linked to a basket of four Latin American currencies, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of equal weights of the Brazilian real, the Argentine peso, the Mexican peso and the Chilean peso.

The payout at maturity will be par plus 270% of any gain on the basket. 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 basket:Equal weights of Brazilian real, Argentine peso, Mexican peso and Chilean peso
Amount:$418,000
Maturity:Feb. 12, 2010
Coupon:0%
Price:Par
Payout at maturity:Par plus 270% of any basket gain; floor of par
Pricing date:Feb. 8
Settlement date:Feb. 14
Underwriter:Lehman Brothers Inc.
Fees:0.5%

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