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Published on 11/15/2010 in the Prospect News Structured Products Daily.

New Issue: Goldman sells $24.62 million leveraged buffered notes on S&P MidCap 400

By Marisa Wong

Madison, Wis., Nov. 15 - Goldman Sachs Group, Inc. priced $24.62 million of 0% leveraged buffered index-linked notes due Dec. 2, 2011 tied to the S&P MidCap 400 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain, up to a maximum settlement amount of $1,137.00 per $1,000 principal amount.

Investors will receive par if the index falls by up to 10% and will lose 1.1111% for each 1% decline beyond 10%.

Goldman, Sachs & Co. and JPMorgan are the underwriters.

Issuer:Goldman Sachs Group, Inc.
Issue:Leveraged buffered index-linked notes
Underlying index:S&P MidCap 400
Amount:$24,616,000
Maturity:Dec. 2, 2011
Coupon:0%
Price:Par
Payout at maturity:Par plus 200% of any index gain, capped at 13.7%; 1.1111% loss for each 1% drop beyond 10%
Initial index level:856.57
Pricing date:Nov. 11
Settlement date:Nov. 16
Underwriters:Goldman, Sachs & Co., JPMorgan
Fees:1.1%
Cusip:38143UPT2

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