Rule 424(b)(2)
Registration Nos. 333-44771
NASD File No. 961029005
Cusip #: 52517PNH0
PRICING SUPPLEMENT NO. 311
Trade Date: March 18, 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: 99.950%
Agent's Commission: .241%
Original Issue Date: 03/23/98
Interest Rate Per Annum: 6.00%
Interest Payment Dates: Every 2/15 and 8/15 commencing on 8/17/98
Maturity Date: 03/23/00
These Notes, issued under Pricing Supplement No. 311, 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. 311. 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 $14,314,937,688 Medium-Term
Notes, Series E has been issued and $9,897,702,688 are outstanding.
The Agent has purchased the Notes as principal in this transaction and may
resell any of such Notes to another broker/dealer (acting as principal for
the purposes of resale) at a discount, which may vary from the discount
received by the Agent in such transaction.
