Rule 424(b)(2)
Registration Nos. 333-44771
NASD File No. 961029005
Cusip #: 52517PNE7
PRICING SUPPLEMENT NO. 308
Trade Date: March 3, 1998 to Prospectus
Supplement dated February 18, 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: 100%
Agent's Commission: .35%
Original Issue Date: 03/06/98
Interest Rate Per Annum: 6.29%
Interest Payment Dates: Every 2/15 and 8/15 commencing on 8/15/98
Maturity Date: 03/06/01
These Notes, issued under Pricing Supplement No. 308, 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 proceeds of this offering is
$25,000,000 and relates only to Pricing Supplement No. 308. Medium-
Term Notes, Series E may be issued by the Company in an aggregate
principal amount of up to $14,162,913,688 and, to date, including
this offering, an aggregate of $13,714,937,688 Medium-Term Notes,
Series E has been issued and $9,322,702,688 are outstanding.