New Issue: Goldman Sachs prices $18 million 0% notes linked to six currencies versus dollar

By Angela McDaniels

Tacoma, Wash., Aug. 2 - Goldman Sachs Group, Inc. priced $18 million of 0% currency-linked notes due Oct. 22, 2012 linked to the performance of a basket of currencies relative to the U.S. dollar, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the Mexican peso, Australian dollar, Norwegian krone, Indian rupee, Singapore dollar and Malaysian ringgit, equally weighted.

If the basket appreciates relative to the U.S. dollar, the payout at maturity will be par plus the greater of the basket return and 15.25%.

If the basket depreciates relative to the U.S. dollar, the payout will be par if the basket decline is 20% or less. Investors will lose 1.25% for every 1% that the basket declines beyond 20%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Currency-linked notes
Underlying currencies:	Mexican peso, Australian dollar, Norwegian krone, Indian rupee, Singapore dollar and Malaysian ringgit, equally weighted
Amount:	$17,995,000
Maturity:	Oct. 22, 2012
Coupon:	0%
Price:	Par
Payout at maturity:	If basket appreciates relative to U.S. dollar, par plus greater of basket return and 15.25%; par if basket declines by 20% or less; 1.25% loss for every 1% decline beyond 20%
Initial exchange rates:	12.6450 for peso, 1.1075 for Australian dollar, 6.0730 for krone, 46.5300 for rupee, 1.3612 for Singapore dollar, 3.1800 for rinngit
Pricing date:	July 29
Settlement date:	Aug. 5
Underwriter:	Goldman, Sachs & Co.
Fees:	0.175%
Cusip:	38143ULP4

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