New Issue: Bear Stearns prices $2.41 million 0% AMPS linked to Nikkei 225

By Laura Lutz

Des Moines, March 11 - Bear Stearns Cos. Inc. prices $2.41 million of zero-coupon Accelerated Market Participation Securities (AMPS) due Jan. 11, 2010 linked to the Nikkei 225 index, according a 424B2 filing with the Securities and Exchange Commission.

If the final index level is at least the initial level, the payout at maturity will be par plus 130% of any gain on the index, capped at a payout equal to 140% of par.

Otherwise, the payout will be par times the index performance.

Bear, Stearns & Co. Inc. is the underwriter.

Issuer:	Bear Stearns Cos. Inc.
Issue:	Accelerated Market Participation Securities (AMPS)
Underlying index:	Nikkei 225 index
Amount:	$2.41 million
Maturity:	Jan. 11, 2010
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is at least initial level, par plus 130% of any index gain, capped at payout of 140% of par; otherwise, par times index performance
Initial index level:	13,215.42
Pricing date:	March 11
Settlement date:	March 11
Underwriter:	Bear, Stearns & Co. Inc.
Fees:	2%

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