<table><tr><th>From:</th><th>Richard Kahn &lt;</th></tr><tr><td>Sent:</td><td>Wednesday, June 3, 2015 4:43 PM</td></tr><tr><td>To:</td><td>Jeffrey E.</td></tr><tr><td>Subject:</td><td>Fwd: Goldman Sachs Perpetual 5.375% Fixed-to-Floating Rate Non-Cumulative
Preferred </td></tr></table>

please advise if you are interested
cash at =organ is 2,000,000
thank you

Richard Kahn
HBRK Associates Inc.
575 Lexington =venue 4th Floor
New York, NY 10022
tel

*   **Forwarded Message:** Email chain with "Begin forwarded message:" indicator.
*   **From:** Atlas, Andrew S (email redacted)
*   **To:** Richard Kahn (email redacted)

Subject: =/b>Goldman Sachs =erpetual 5.375% Fixed-to-Floating Rate Non-Cumulative Preferred

Date: =/b>June 3, 2015 at 12:02:16 PM =DT

Good Afternoon Rich,

Have a Goldman Sachs =erpetual 5.375% Fixed-to-Floating Rate Non-Cumulative Preferred to show =ou:

Date Issued April 23, =015

CUSIP 38148BA4

GOLDMAN SACHS (GS)
BA1 / =B = 
Maturity Perpetual
Current Coupon: 5.375%
Dividend Details: 5.375% =ntil May 10, 2020; 3 Month LIBOR + 392.2bps thereafter
Payment Date: 10th day of =ay and November of each year, commencing on November 10, 2015 and =nding on May 10, 2020, and 10th day of February, May, August, and =ovember of each year following May 10, 2020

All subject but last:

Price 100.375

Current Yield 5.3549%

Yield to 1st Call 5.2864%

Speak soon,

Andrew

Andrew S. Atlas

Financial =dvisor

Equity Sales/Middle Markets Group
Morgan Stanley Wealth Management

Midtown Manhattan =omplex

1290 Avenue of the =mericas, 12th Floor I New York, =Y 10104

<u>Tel/Direct:</u> 
<mailto

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