New Issue: Goldman Sachs prices $23.36 million 3.3% trigger notes exchangeable for Wal-Mart

New York, March 7 - The Goldman Sachs Group Inc. priced $23.36 million of one-year 3.3% trigger notes mandatorily exchangeable for the common stock of Wal-Mart Stores Inc., according to a 424B3 filing with the Securities and Exchange Commission.

Issuer:	Goldman Sachs Group Inc.
Underlying stock:	Wal-Mart Stores Inc.
Issue:	Trigger mandatory exchangeable medium-term notes
Amount:	$23.360 million
Maturity:	March 10, 2006
Coupon:	3.3%, payable monthly
Price:	Par of $52.2706
Payout at maturity:	1 share of Wal-Mart stock per $52.2706 principal amount, capped at $57.4977 or 110% above initial stock price of $52.2706, in cash or stock at Goldman's option; if market price does not fall below threshold price, then payout has a floor of par, in cash or stock at Goldman's option
Threshold price:	$47.0435, 90% of initial price of $52.2706
Call:	Non-callable
Pricing date:	March 2
Settlement date:	March 9

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