Rule 424(b)(2)
Registration Nos. 333-44771
NASD File No. 961029005
Cusip #: 52517PNS6
PRICING SUPPLEMENT NO. 320
Trade Date: April 27, 1998 to Prospectus
Supplement dated March 2, 1998
and Prospectus dated February 18, 1998
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: 99.981%
Agent's Commission: .35%
Original Issue Date: 04/30/98
Interest Rate Per Annum: 6.25%
Interest Payment Dates: Every 2/15 and 8/15 commencing on 8/17/98
Maturity Date: 05/01/01
These Notes, issued under Pricing Supplement No. 320, 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 $50,000,000 and relates
only to Pricing Supplement No. 320. Medium-Term Notes, Series E may be
issued by the Company in an aggregate principal amount of up to
$15,162,913,688 and, to date,including this offering, an aggregate of
$14,662,287,688 Medium-Term Notes, Series E has been issued and
$10,192,052,688 are outstanding.
