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Published on 6/15/2010 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $12.2 million trigger notes linked to S&P 500

By Jennifer Chiou

New York, June 15 - Goldman Sachs Group, Inc. priced $12.2 million of 0% index-linked trigger notes due Dec. 27, 2011 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index closes below 75% of its initial level on any day during the life of the notes, the payout at maturity will be par plus the index return, which could be positive or negative. Otherwise, the payout will be par plus the greater of the index return and 17.02%.

Goldman, Sachs & Co. is the underwriter with J.P. Morgan Securities Inc. as co-agent.

Issuer:Goldman Sachs Group, Inc.
Issue:Index-linked trigger notes
Underlying index:S&P 500
Amount:$12,196,000
Maturity:Dec. 27, 2011
Coupon:0%
Price:Variable
Payout at maturity:If index closes below 75% of initial level on any day during life of notes, par plus index return; otherwise, par plus greater of index return and 17.02%
Initial index level:1,091.60
Pricing date:June 11
Settlement date:June 16
Underwriter:Goldman, Sachs & Co. with J.P. Morgan Securities Inc. (co-agent)
Fees:1.4%
Cusip:38143UKD2

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