New Issue: Goldman Sachs prices $10.05 million trigger exchangeables into Southwest

New York, April 18 - Goldman Sachs Group, Inc. priced $10.05 million of one-year 7.18% notes mandatorily exchangeable for the common stock of Southwest Airlines Co., according to a 424B3 filing with the Securities and Exchange Commission.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Trigger mandatory exchangeable medium-term notes
Underlying stock:	Southwest Airlines Co.
Amount:	$10.05 million
Maturity:	April 20, 2006
Coupon:	7.18% (payable monthly)
Price:	Par of $14.6285
Yield:	7.18%
Payout at maturity:	If Southwest stock finishes above $16.0914, 10% above initial price of $14.6285, then $16.0914 per $14.6285 principal amount; otherwise, if Southwest stock stays at or above threshold price during term of notes then 1 share per $14.6285 principal amount with a floor of par, or if Southwest stock falls below threshold price during term of notes then 1 share per $14.6285 principal amount; all amounts in cash or stock at Goldman's option
Threshold price:	$12.4342, 85% of initial price of $14.6285
Underwriter:	Goldman, Sachs & Co.
Pricing date:	April 12
Settlement date:	April 19

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