New Issue: Goldman Sachs prices $10.02 million exchangeables into Applied Materials

New York, May 5 - Goldman Sachs Group, Inc. priced $10.02 million of one-year 8.3% trigger notes mandatorily exchangeable for the common stock of Applied Materials, Inc., according to a 424B3 filing with the Securities and Exchange Commission.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Trigger mandatory exchangeable medium-term notes
Underlying stock:	Applied Materials, Inc.
Amount:	$10.02 million
Maturity:	May 8, 2006
Coupon:	8.3% (payable monthly)
Price:	Par of $14.78
Yield:	8.3%
Payout at maturity:	If Applied Materials stock falls below threshold price at any time during the term of the notes, 1 share per $14.78 principal amount, capped at 10% above initial amount, or $16.258 per $14.78 principal amount; otherwise, 1 share per $14.78 principal amount, capped at 10% above initial amount, or $16.258 per $14.78 principal amount, and with a floor of $14.78 per $14.78 principal amount
Threshold price:	$11.824, 80% of initial price of $14.78
Underwriter:	Goldman, Sachs & Co.
Pricing date:	April 29
Settlement date:	May 6

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