RNS Number:4971R
Lehman Brothers Holdings PLC
14 February 2002



LETTER TO: COMPANY ANNOUNCEMENTS OFFICE

This is to inform you that for value 15th February 2002 we have bought back the
Note indicated below issued pursuant the Euro Medium-Term Note Program of Lehman
Brothers Holdings Inc, Lehman Brothers Holdings Plc and Lehman Brothers Treasury
Co B.V.: 

 
Description of Notes               Principal Amount          Amount Bought Back

Lehman Brothers Holdings Inc       EUR 62,000,000            EUR 60,000,000   
(formerly Lehman Brothers 
Holdings PLC) EUR 62,000,000 
Senior Guaranteed Floating 
Rate Credit Linked Notes 
due 02 June 2008 
Series No 490


The notes were partially redeemed for the above value date. 


LETTER FROM: LEHMAN BROTHERS HOLDINGS INC


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