RNS Number:8148C
Lehman Bros Holdings Inc
22 October 2002


The following amendment has been made to the 'Purchase of Own Securities'
announcement released today at 08.52 under RNS No 7605C.

The "Amount Bought Back" should have read EUR 8,503,462 (ITL 16,465,000,000) 
and not EUR 8,500,000 (ITL 16,458,295,000) as previously stated.

All other details remain unchanged.

The full amended text is shown below.



Letter to RNS 

This is to inform you that for value 24th October 2002 we have 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 ITL    EUR 25,822,884         EUR 8,503,462
50,000,000,000 Senior/Zero          (ITL 50,000,000,000)   (ITL 16,465,000,000)
Coupon/Original Issue Discount 
Notes due 6th December 2027 
Series No 451


The notes were redeemed for the above value date.


From: Lehman Brothers Holdings Inc



                      This information is provided by RNS
            The company news service from the London Stock Exchange

END

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