New Issue: Goldman Sachs sells $17.26 million leveraged index-linked notes on S&P 500

By Susanna Moon

Chicago, May 18 - Goldman Sachs Group, Inc. priced $17.26 million of 0% leveraged index-linked notes due June 3, 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 triple any index gain, up to the maximum settlement amount of $1,213.60 per $1,000 principal amount of notes.

Investors will be exposed to any losses.

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

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged index-linked notes
Underlying index:	S&P 500
Amount:	$17,256,000
Maturity:	June 3, 2011
Coupon:	0%
Price:	Variable
Payout at maturity:	Par plus 300% of any index gain, capped at 21.36%; exposure to losses
Initial index level:	1,135.68
Pricing date:	May 14
Settlement date:	May 19
Underwriter:	Goldman, Sachs & Co. with co-agent J.P. Morgan Securities Inc.
Fees:	1.1%
Cusip:	38143UJH5

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