New Issue: Goldman Sachs prices $22.6 million enhanced-participation notes linked to index basket

By Laura Lutz

Des Moines, June 28 - The Goldman Sachs Group Inc. priced a $22.6 million issue of 0% notes due July 16, 2008 linked to a basket of four indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 60% weight, the MSCI EAFE index with a 25% weight, the iShares Fund with a 10% weight and the Topix index with a 5% weight.

Payout at maturity will be determined according to the index value on the determination date. If the index value rises, investors will receive par times the index performance, capped at a 7.1% return.

Investors will be fully exposed to any decline in the index.

Goldman, Sachs & Co. is the underwriter.

Issuer:	The Goldman Sachs Group Inc.
Issue:	Medium-term notes, series B
Underlying index:	S&P 500 index with a 60% weight, MSCI EAFE index with a 25% weight, iShares Fund with a 10% weight, Topix weight a 5%
Amount:	$22.6 million
Maturity:	July 16, 2008
Coupon:	0%
Price:	Par
Payout at maturity:	Par times index performance, capped at 7.1% return
Initial levels:	1,503.77 for S&P 500, 2,244.00 for MSCI EAFE, 131.17 for iShares, 1,766.59 for Topix
Pricing date:	June 26
Underwriter:	Goldman, Sachs & Co.
Fees:	0.1%

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