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Published on 3/11/2008 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs upsizes absolute return trigger notes linked to MSCI EAFE to $14.16 million

By Angela McDaniels

Tacoma, Wash., March 11 - Goldman Sachs Group, Inc. priced $5.8 million of additional 0% absolute return trigger notes due June 15, 2009 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The company originally priced $8.36 million of the notes on Feb. 29. The total amount of notes priced is now $14.16 million.

If the index stays within 18% of its initial level throughout the life of the notes, the payout at maturity will be par plus the absolute value of the index return.

If the index ever closes above or below its initial level by more than 18%, the payout will be par.

Goldman, Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Absolute return trigger notes
Underlying index:MSCI EAFE
Amount:$14,163,000, upsized from $8.36 million
Maturity:June 15, 2009
Coupon:0%
Price:Par for original issue; 99.98 for add-on
Payout at maturity:If the index stays within the barriers throughout the life of the notes, par plus the absolute value of index return; otherwise, par
Initial index level:2,061.3
Lower barrier:1,690.266, 82% of initial index level
Upper barrier:2,432.334, 118% of initial index level
Pricing date:Feb. 29 for original issue; March 7 for add-on
Settlement dates:March 14
Underwriter:Goldman, Sachs & Co.
Fees:0.1%

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