Societe Generale to price 16% ReConvs linked to First Solar

By Jennifer Chiou

New York, June 12 - Societe Generale, New York Branch plans to price 16% ReConvs due June 27, 2008 linked to First Solar, Inc. common stock.

Interest will be payable quarterly.

At maturity, investors will receive par unless First Solar stock falls below the knock-in price - 70% of the initial share price - during the life of the notes and finishes below the initial share price, in which case the payout will be a number of First Solar shares equal to $1,000 divided by the initial share price.

The notes will price on June 26 and settle on June 29.

Societe Generale is the underwriter.

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