New Issue: SG sells $1 million 30% Worst-of ReConvs linked to Apple, Amazon.com, Yahoo!

By Jennifer Chiou

New York, Aug. 3 - Societe Generale, New York Branch priced $1 million of 30% annualized Worst-of ReConvs due Oct. 31, 2007 linked to the common stocks of Apple Inc., Amazon.com, Inc. and Yahoo! Inc., according to a term sheet.

Payment at maturity is linked to the performance of the worst-performing stock.

Investors will receive par unless the worst-performing stock falls below the knock-in price - 80% 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 shares equal to $1,000 divided by the initial share price.

Societe Generale is the underwriter.

Issuer:	Societe Generale, New York Branch
Issue:	Worst-of ReConvs
Underlying stocks:	Apple Inc., Amazon.com, Inc. and Yahoo! Inc.
Amount:	$1 million
Maturity:	Oct. 31, 2007
Coupon:	30% annualized
Payment at maturity:	Par unless the worst-performing stock falls below the knock-in price - 80% 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 shares equal to $1,000 divided by the initial share price
Initial prices:	Apple Inc. at $146.00, Amazon.com, Inc. at $84.01 and Yahoo! Inc. at $24.03
Contingent protection levels:	Apple Inc. at $116.80, Amazon.com, Inc. at $67.21 and Yahoo! Inc. at $19.22, 80% of the initial level
Pricing date:	July 26
Settlement date:	July 31
Underwriter:	Societe Generale
Fees:	3.5% (maximum)

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