New Issue: Goldman Sachs $6 million 0.25% notes exchangeable for Wyeth yield 0.25%, up 22%

New York, April 8 - The Goldman Sachs Group Inc. priced $6 million of five-year 0.25% notes exchangeable for the common stock of Wyeth to yield 0.25% with a 22% initial conversion premium, according to a 424B3 filing with the Securities and Exchange Commission.

Terms of the deal are as follows:

Issuer:	The Goldman Sachs Group Inc.
Issue:	Exchangeable medium-term notes
Underlying stock:	Wyeth
Amount:	$6 million
Maturity:	April 12, 2009
Coupon:	0.25%
Price:	Par
Yield:	0.25%
Exchange premium:	22%
Exchange price:	$47.1945
Exchange ratio:	21.1889, in cash or stock, at Goldman's option
Call:	April 12, 2007 onwards at par, automatic exchange if stock more valuable
Payout at maturity:	Par in cash, automatic exchange if stock more valuable
Pricing date:	April 2
Settlement date:	April 12
Underwriter:	Goldman, Sachs & Co.
Distribution:	Off shelf

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