RNS Number:3637J
Lehman Bros Holdings Inc
28 March 2003

Letter to: RNS


This is to inform you that for value 27th February 2003 we bought back the Note 
indicated below issued pursuant the Euro Medium-Term Note Program of Lehman 
Brothers Holdings Inc and Lehman Brothers Treasury Co B.V.:

 
Description of Notes                 Principal Amount         Amount Bought Back

 
Lehman Brothers Holdings Inc USD        USD 15,000,000          USD 15,000,000
15,000,000 Senior/Fixed Rate Note 
due 27th February 2006 
Series No 469

 
The notes were redeemed in full on the above value date.


Letter from: Lehman Brothers Holdings Inc


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