Rule 424(b)(2)
Registration Nos. 333-44771
NASD File No. 961029005
Cusip No: 52517PMY4
PRICING SUPPLEMENT NO. 302
Trade Date: February 24, 1998 to Prospectus
Supplement dated February 18, 1998
and Prospectus dated February 18, 1998
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: 1 month Libor
Commission: .15% Telerate pg 3750
posted on 2/25/98
Interest Rate Basis:
( ) Treasury Rate Settlement Date: 2/27/98
(X) LIBOR (1 month) Maturity Date: 3/26/99
( ) Commercial Paper Rate Maximum Interest Rate:______%
( ) Federal Funds Effective Rate Minimum Interest Rate:______%
( ) Prime Rate Spread Multiplier:__________%
( ) Other Spread (+ -) +.06%
Index Maturity: Monthly
Interest Payment Period: Monthly
Interest Reset Period: Monthly
Interest Reset Dates: Same as interest payment dates.
Interest Determination Dates: Two London business days prior to
interest reset dates.
Interest Payment Dates: Monthly on the 26th, commencing on March
26, 1998, subject to modified following business day convention.
The aggregate principal amount of this offering is $40,000,000
and relates only to Pricing Supplement No. 302. Medium-Term
Notes, Series E may be issued by the company in aggregate
principal amount of up to $14,162,913,688 and, to date, including
this offering, an aggregate of $13,176,413,688 Medium-Term Notes,
Series E has been issued and $8,776,178,688 are outstanding.
