Rule 424(b)(2)
Registration Nos. 333-38227
NASD File No. 961029005
Cusip #: 52517PLS8
PRICING SUPPLEMENT NO. 272
Trade Date: November 14, 1997 to Prospectus
Supplement dated August 11, 1997
and Prospectus dated August 11, 1997
LEHMAN BROTHERS HOLDINGS INC.
Medium-Term Notes, Series E
(Fixed Rate)
Due from Nine Months to 30 Years from Date of Issue
Pricing to Public: 99.75%
Agent's Commission: .25%
Settlement Date: 11/19/97
Interest Rate Per Annum: 6.25%
Interest Payment Dates: February 15th and August 15th, commencing
2/16/98
Maturity Date: 11/19/99
These Notes, issued under Pricing Supplement No. 272, may be sold in
minimum denominations of $1,000, or any amount in excess thereof
which is an integral multiple of $1,000.
The aggregate principal amount of this offering is $10,000,000 and
relates only to Pricing Supplement No. 272. Medium-Term Notes,
Series E may be issued by the Company in an aggregate principal
amount of up to $11,303,325,000 and, to date, including this
offering, an aggregate of $9,788,325,000 Medium-Term Notes, Series E
has been issued and $5,837,390,000 are outstanding.
Lehman Brothers Holdings
By:
Name: Nigel Walker
Title: Assistant Treasurer
Phone: 212-526-1073
