New Issue: Goldman Sachs sells $490,000 buffered index-linked notes on S&P 500

By Susanna Moon

Chicago, July 29 - Goldman Sachs Group, Inc. priced $490,000 of 0% buffered index-linked notes due Nov. 1, 2011 based on the performance of the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain, up to a maximum settlement amount of $1,142.50 per $1,000 principal amount.

Investors will receive par if the index falls by up to 15% and will be exposed to any decline beyond 15%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Buffered index-linked notes
Underlying index:	S&P 500 index
Amount:	$490,000
Maturity:	Nov. 1, 2011
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, capped at 14.25%; exposure to losses beyond 15%
Initial index level:	1,113.84
Pricing date:	July 27
Settlement date:	July 30
Underwriter:	Goldman, Sachs & Co.
Fees:	1.6%
Cusip:	38143UKY6

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