New Issue: Salomon sells $35 million 10% Targets linked to Amgen

New York, Nov. 25 - Targets Trust XVII issued $35 million of 10% securities linked to Amgen Inc.'s common stock and guaranteed by Salomon Smith Barney Holdings Inc., according to a filing with the Securities and Exchange Commission.

Issuer:	Targets Trust XVII (Guaranteed by Barney Holdings Inc.)
Issue:	Targeted Growth Enhanced Terms Securities
Maturity:	Nov. 15, 2005
Amount:	$35 million
Price:	Par of $10.00
Interest:	10%, payable quarterly beginning Feb. 15, 2003
Payout at maturity:	Par, adjusted for return on Amgen Inc. stock, calculated in monthly increments and capped at 5% gain and 10% loss per month
Listing:	"TJA" on America Stock Exchange
Underwriter:	Salomon Smith Barney
Pricing date:	Nov. 21
Settlement:	Nov. 26

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