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Published on 10/3/2008 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $7.47 million absolute return trigger notes linked to MSCI EAFE

By Susanna Moon

Chicago, Oct. 3 - Goldman Sachs Group, Inc. priced $7.47 million of 0% absolute return trigger notes due Oct. 30, 2009 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index stays at or above the lower barrier and at or below the upper barrier during the life of the notes, payout at maturity will be par plus the absolute value of the index return, capped at $1,270 per note.

The upper barrier is 127% of the initial level. The lower barrier is 73% of the initial level.

Investors will receive at least par.

Goldman, Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Absolute return trigger notes
Underlying index:MSCI EAFE
Amount:$7.47 million
Maturity:Oct. 30, 2009
Coupon:0%
Price:Par
Payout at maturity:If index stays within barriers during life of notes, par plus absolute value of index return, capped at $1,270; otherwise, par
Initial level:1,567.85
Lower barrier:1,144.531, or 73% of initial level
Upper barrier:1,991.17, or 127% of initial level
Pricing date:Oct. 1
Settlement date:Oct. 6
Underwriter:Goldman, Sachs & Co.
Fees:0.1%

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