New Issue: Goldman Sachs sells $2.24 million 0% trigger notes linked to S&P 500

By Susanna Moon

Chicago, June 25 - Goldman Sachs Group, Inc. priced $2.24 million of 0% index-linked trigger notes due Jan. 6, 2012 based on the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

A trigger event occurs if the index closes below the initial index level by more than the 25% trigger buffer during the life of the notes.

If a trigger event does not occur, the payout at maturity will be par plus any gain in the index, with a contingent minimum return of 10.65% and a cap of 30%.

Otherwise, the payout at maturity will be par plus the index return, up to the maximum settlement amount of $1,300 per $1,000 principal amount. 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:	Index-linked trigger notes
Underlying index:	S&P 500
Amount:	$2,235,000
Maturity:	Jan. 6, 2012
Coupon:	0%
Price:	Variable
Payout at maturity:	If index falls by more than 25% during life of notes, par plus index return, with exposure to losses; otherwise, par plus any index gain, with floor of 10.65%; in either case, cap of 30%
Initial index level:	1,092.04
Pricing date:	June 23
Settlement date:	June 28
Underwriter:	Goldman, Sachs & Co. with co-agent J.P. Morgan Securities Inc.
Fees:	1.4%
Cusip:	38143UKS9

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