Rule 424(b)(2)
Registration Nos. 333-50197
NASD File No. 961029005
Cusip No: 52517PPS4
FIRST AMENDMENT TO PRICING SUPPLEMENT NO. 343
DATED NOVEMBER 20, 1998
To Prospectus Supplement dated May 4,1998
and Prospectus dated May 4, 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: 100.00% Initial Interest Rate: 5.22313%
Commission: 0%
Interest Rate Basis:
( ) Treasury Rate Settlement Date: 10/21/98
(X) LIBOR - 1 month (computed and
paid on the basis of an actual
days/360 day-count convention) Maturity Date: 11/22/99
( ) Commercial Paper Rate Maximum Interest Rate:______%
( ) Federal Funds Effective Rate Minimum Interest Rate:______%
( ) Prime Rate Spread Multiplier:__________%
( ) Other Spread (+ -): +.05%
Index Maturity: Monthly
Interest Payment Period: Monthly
Interest Reset Period: Monthly
Interest Reset Dates: 21st of each month
Interest Determination Dates: Two (2) London business days prior
to each Interest Reset Date.
Interest Payment Dates: Monthly on the 21st, commencing
November 21, 1998, subject to modified following business day
convention.
The Notes will bear interest from the date of issuance until the
principal amount thereof is paid or made available for payment at
a rate determined by reference to LIBOR plus the Spread.
The aggregate principal amount of this offering is $319,000,000
and relates only to Pricing Supplement No. 343. Medium-Term
Notes, Series E are not limited as to a total amount authorized.
To date, including this offering, an aggregate of $16,994,204,288
Medium-Term Notes, Series E has been issued and $10,871,129,359
are outstanding.
