New Issue: Goldman Sachs prices $6 million 3.5% notes mandatorily exchangeable for Juniper, Yahoo!

New York, Nov. 3 - The Goldman Sachs Group, Inc. priced $6 million of 3.5% notes due 2006 mandatorily exchangeable for Juniper Networks, Inc. and Yahoo! Inc. stock, according to a 424B3 filing with the Securities and Exchange Commission.

Issuer:	The Goldman Sachs Group, Inc.
Issue:	Mandatorily exchangeable series B medium-term notes
Underlying stocks:	Juniper Networks, Inc. and Yahoo! Inc. stock, each with 50% weight
Amount:	$6 million
Maturity:	Nov. 6, 2006, unless extended up to six business days
Coupon:	3.5%, payable quarterly
Price:	Par of $100
Payout at maturity:	2.2075 Juniper shares, capped at $29.4450, 30% above initial price; 1.4047 Yahoo! shares, capped at $46.2748, 30% above initial price
Exchange price:	$22.650 for Juniper, $35.596 for Yahoo!
Lead manager:	Goldman, Sachs & Co.
Pricing date:	Oct. 28
Settlement date:	Nov. 4

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