New Issue: Goldman Sachs sells $3.67 million more 0% notes linked to BRIC currency basket for Svensk

By Angela McDaniels

Seattle, April 18 - Goldman, Sachs & Co. priced $3.67 million additional zero-coupon principal-protected notes due Oct. 20, 2008 linked to a basket of currencies for issuer AB Svensk Exportkredit, according to an FWP filing with the Securities and Exchange Commission.

The company originally priced $53.179 million of the notes on March 29. The total amount of notes priced is now $56.849 million.

The basket includes equal weights of the Brazilian real, Russian ruble, Indian rupee and Chinese renminbi.

The payout at maturity will be determined based upon the performance of the currencies against the dollar. If the basket increases by more than 3%, the payout will be par plus 19%. Otherwise, the payout will be par.

Issuer:	AB Svensk Exportkredit
Issue:	Principal-protected notes
Underlying basket:	Brazilian real, Russian ruble, Indian rupee and Chinese renminbi, equally weighted
Amount:	$56.849 million, upsized from $53.179 million
Maturity:	Oct. 20, 2008
Coupon:	0%
Price:	Par for original issue, 101 for add-on
Payout at maturity:	Par plus 19% if basket shows gain of more than 3%; otherwise, par
Initial exchange rates:	2.056 reais per dollar, 26.015 rubles per dollar, 43.720 rupee per dollar, 7.730 renminbi per dollar
Pricing date:	March 29 for original issue, April 17 for add-on
Settlement date:	April 20
Underwriter:	Goldman, Sachs & Co.
Underwriting discount:	0.25%

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