Societe Generale to price 13% Tempo ReConvs linked to Alaska Air

By Jennifer Chiou

New York, June 12 - Societe Generale, New York Branch plans to price 13% annualized Tempo ReConvs due Dec. 28, 2007 linked to Alaska Air Group, Inc. common stock.

The notes will be automatically redeemed in whole if the closing price of Alaska Air Group shares exceeds the initial share price on specified dates. The redemption price will be par plus accrued interest.

At maturity, investors will receive par unless Alaska Air Group stock falls below the knock-in price - 80% of the initial share price - during the life of the notes and finishes below the initial share price, in which case the payout will be a number of Alaska Air Group shares equal to $1,000 divided by the initial share price.

The notes will price on June 26 and settle on June 29.

Societe Generale will be the underwriter.

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