Rule 424(b)(2)
Registration Nos. 333-14791
NASD File No. 961029005
Cusip No: 52517PLG4
PRICING SUPPLEMENT NO. 262
Dated August 26, 1997, to Prospectus
Supplement dated August 11, 1997
and Prospectus dated August 11, 1997
LEHMAN BROTHERS HOLDINGS INC.
Medium-Term Notes, Series E
(Floating Rate)
Due from Nine Months to 30 years from Date of Issue
Price to Public: 100% Initial Interest Rate: 2 yr. CMT
Commission: .35% Telerate pg 7051
posted on 8/28/97
Interest Rate Basis:
( ) Treasury Rate Original Issue Date: 9/2/97
( ) LIBOR Maturity Date: 9/5/00
( ) Commercial Paper Rate Maximum Interest Rate:______%
( ) Federal Funds Effective Rate Minimum Interest Rate:______%
( ) Prime Rate Spread Multiplier:__________%
(X) 2 yr CMT Spread (+ -) +.20%
Index Maturity: Quarterly
Interest Payment Period: Quarterly
Interest Reset Period: Quarterly
Interest Reset Dates: Same as coupon payment dates.
Interest Determination Dates: Two NY business days prior to
interest reset dates.
Interest Payment Dates: Every 3/5; 6/5; 9/5 and 12/5.
The aggregate principal amount of this offering is $10,000,000
and relates only to Pricing Supplement No. 262. Medium-Term
Notes, Series E may be issued by the company in aggregate
principal amount of up to $10,267,500,000 and, to date, including
this offering, an aggregate of $9,257,325,000 Medium-Term Notes,
Series E has been issued and $5,515,890,000 are outstanding.
