New Issue: Goldman Sachs prices $3.61 million notes linked to dollar versus euro, yen

By Angela McDaniels

Tacoma, Wash., June 22 - Goldman Sachs Group, Inc. priced $3.61 million of 0% currency-linked notes due June 27, 2011 linked to a basket holding equal weights of the dollar/euro and dollar/Japanese yen exchange rates, according to a 424B2 filing with the Securities and Exchange Commission.

The basket return will be positive if there is a net appreciation in the value of the dollar against the basket currencies. A negative basket return will reflect a net depreciation of the dollar.

If the basket return is positive, the payout at maturity will be par plus 1.4 times the gain, subject to a maximum return of 14%.

If the basket return is zero or negative, investors will receive par plus the basket return.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Currency-linked notes
Underlying exchange rates:	Dollar/euro and dollar/Japanese yen, equally weighted
Amount:	$3,612,000
Maturity:	June 27, 2011
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.4 times any basket gain, up to maximum return of 14%; exposure to any basket decline
Initial exchange rates:	1.23830 dollars per euro; 0.01101 dollars per yen
Final exchange rates:	For each currency, the average of its exchange rates on the five trading days ending June 20, 2011
Pricing date:	June 18
Settlement date:	June 25
Underwriter:	Goldman, Sachs & Co.
Fees:	1.1%
Cusip:	38143UKH3

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