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Published on 4/29/2009 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $4.08 million absolute return trigger notes linked to S&P 500

By E. Janene Geiss

Philadelphia, April 29 - Goldman Sachs Group, Inc. priced $4.08 million of 0% absolute return trigger notes due Nov. 10, 2010 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index stays at or above the lower barrier and at or below the upper barrier during the life of the notes, at maturity investors will receive par plus the absolute value of the index return.

The upper barrier is 126% of the initial level. The lower barrier is 74% of the initial level.

Otherwise, the payout will be par.

Goldman, Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Absolute return trigger notes
Underlying index:S&P 500 index
Amount:$4,079,000
Maturity:Nov. 10, 2010
Coupon:0%
Price:Par
Payout at maturity:If index stays within barrier range, par plus absolute value of index return; otherwise, par
Initial index level:867.07
Lower barrier:641.632, or 74% of initial level
Upper barrier:1,092.508, or 126% of initial level
Pricing date:April 27
Settlement date:May 11
Underwriter:Goldman, Sachs & Co.
Fees:0.1%

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