RNS Number:1041D
Lehman Bros Holdings Inc
29 October 2002


Letter to RNS 

This is to inform you that for value 31st October 2002 we will buy 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        EUR 7,746,853          EUR 5,629,380
(formerly Lehman Brothers Holdings  (ITL 15,000,000,000)   (ITL 10,900,000,000)
Plc) ITL 15,000,000,000 Senior/ 
Guaranteed/Floating Rate Notes 
due June 2006
Series No 418

The notes were redeemed for the above value date.

From: Lehman Brothers Holdings Inc


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