Pricing Supplement No. J002 Dated 10/23/98 Rule 424(b)(2)
(To Prospectus dated December 1, 1997) File No. 333-38931
SALOMON SMITH BARNEY HOLDINGS INC.
NOTES, SERIES J
Due More Than Nine Months from Date of Issue
Principal Amount: $25,000,000.00
Issue Price: 100.00000%
Proceeds to Company on original issuance: $25,000,000.00
Commission or Discount on original issuance: $0.00
Salomon Smith Barney Inc.'s capacity on original issuance:| | As agent
If as principal |X| As principal
| | The Notes are being offered at varying prices related
to prevailing market conditions but not to exceed 100.00000 %.
|X| The Notes are being offered at a fixed initial public
offering price of 100.00000 % of Principal Amount.
Original Issue Date: 11/13/98
Stated Maturity: 11/13/2013
Interest Rate: 6.2500000%
Interest Payment Dates:
|X|Monthly, on the 13th of every month. First coupon is December 13,1998
| | Quarterly
| | Semi-annually
Amortizing Note: | | Yes |X| No
Amortization Schedule:
Optional Redemption: |X| Yes | | No
Optional Redemption Dates: Optional redemption beginning on November 13,2000
and on 13th of every month thereafter.
Redemption Prices: At par.
Redemption: |X| In whole only and not in part | | May be in whole or in part
Optional Repayment: | | Yes |X| No
Optional Repayment Dates:
Optional Repayment Prices:
Survivor's Option: |X| Yes | | No
Discount Note: | | Yes |X| No
Total Amount of OID:
Bond Yield to Call :
Bond Yield to Maturity:
Yield to Maturity:
CUSIP: 79548GAB3
