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Published on 6/4/2007 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs reopens $64.2 million total notes linked to GSCI

By Jennifer Chiou

New York, June 4 - Goldman Sachs Group Inc. reopened its issue of 0% notes due May 8, 2037 linked to the S&P GSCI Enhanced Commodity Total Return Strategy index with $6,845,750 of additional notes, lifting the total issue to $64,225,600, according to a 424B2 filing with the Securities and Exchange Commission.

On May 8, the company issued the original $57,379,850 of notes.

The payout at maturity will be par plus the return on the index less investor fees at an annual rate of 1.25% of the principal amount of the notes multiplied by the index return, calculated daily.

Investors can put the notes back to Goldman once a week using the same calculation as at maturity.

Goldman, Sachs & Co. is the agent.

Issuer:The Goldman Sachs Group Inc.
Issue:Index-linked medium-term notes, series B
Underlying index:S&P GSCI Enhanced Commodity Total Return Strategy
Amount:$64,225,600 (including $6,845,750 of reopened notes)
Maturity:May 8, 2037
Coupon:0%
Price:Par for original $57,379,850; 99.58 for reopened notes
Payout at maturity:Par plus the return on the index less investor fees at an annual rate of 1.25% on the principal amount of the notes multiplied by the index return, calculated daily
Initial strategy level:693.3813
Pricing date:May 3 for original $57,379,850; May 31 for reopened notes
Settlement date:May 8 for original $57,379,850; June 5 for reopened notes
Agent:Goldman, Sachs & Co.
Fees:0.1%

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