Amex Lists $30 Million Lehman Brothers SUNS

Apr 20, 2001, 01:00 ET from American Stock Exchange

    NEW YORK, April 20 /PRNewswire Interactive News Release/ -- The American
 Stock Exchange today began trading 109% Minimum Redemption Stock Upside Note
 Securities (SUNS) due April 26, 2004, which offer the potential to capture
 gains linked to the composite price performance of the Nasdaq-100 Index.  The
 SUNS will be traded under the ticker symbol LSQ.A.  The new 3-year securities
 were issued at a price of $1,000.00.
     At maturity, on April 26, 2004, Lehman Brothers Holdings, Inc. will pay
 holders of each note the greater of [1] $1,090.00 or [2] the alternative
 redemption amount ($1,000 principal and the equity return) based on the return
 of the performance of the Nasdaq-100 Index, subject to a maximum return or
 cap.
     The issuer is Lehman Brothers Holdings, Inc. and the Amex specialist unit
 for the new listing is Spear, Leeds & Kellogg.
     For further information on SUNS, please contact the Capital Markets Group
 at the American Stock Exchange at (212) 306-1659.
 
     The American Stock Exchange(R), a subsidiary of the National Association
 of Securities Dealers, Inc. NASD(R)), is the only primary exchange that offers
 trading across a full range of equities, Exchange Traded Funds (ETFs),
 including structured products and HOLDRS(SM), and options. In addition to its
 role as a national equities market, the Amex is the leader in ETF listings,
 listing 97 ETFs to date, and is the second-largest options exchange in the
 U.S., trading options on broad-based and sector indexes as well as domestic
 and foreign stocks. For more information, visit http://www.amex.com.
 
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SOURCE American Stock Exchange
    NEW YORK, April 20 /PRNewswire Interactive News Release/ -- The American
 Stock Exchange today began trading 109% Minimum Redemption Stock Upside Note
 Securities (SUNS) due April 26, 2004, which offer the potential to capture
 gains linked to the composite price performance of the Nasdaq-100 Index.  The
 SUNS will be traded under the ticker symbol LSQ.A.  The new 3-year securities
 were issued at a price of $1,000.00.
     At maturity, on April 26, 2004, Lehman Brothers Holdings, Inc. will pay
 holders of each note the greater of [1] $1,090.00 or [2] the alternative
 redemption amount ($1,000 principal and the equity return) based on the return
 of the performance of the Nasdaq-100 Index, subject to a maximum return or
 cap.
     The issuer is Lehman Brothers Holdings, Inc. and the Amex specialist unit
 for the new listing is Spear, Leeds & Kellogg.
     For further information on SUNS, please contact the Capital Markets Group
 at the American Stock Exchange at (212) 306-1659.
 
     The American Stock Exchange(R), a subsidiary of the National Association
 of Securities Dealers, Inc. NASD(R)), is the only primary exchange that offers
 trading across a full range of equities, Exchange Traded Funds (ETFs),
 including structured products and HOLDRS(SM), and options. In addition to its
 role as a national equities market, the Amex is the leader in ETF listings,
 listing 97 ETFs to date, and is the second-largest options exchange in the
 U.S., trading options on broad-based and sector indexes as well as domestic
 and foreign stocks. For more information, visit http://www.amex.com.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X52235268
 
 SOURCE  American Stock Exchange