Rule 424(b)(2)
Registration Nos. 333-38227
NASD File No. 961029005
Cusip #: 52517PMP3
AMENDMENT TO PRICING SUPPLEMENT NO. 293
Trade Date: January 23, 1998 to Prospectus
Supplement dated December 17, 1997
and Prospectus dated December 3, 1997
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: 9.43773761%
Agent's Commission: .00%
Original Issue Date: 02/10/98
Interest Rate Per Annum: 0.00%
Maturity Date: 02/10/28
Call Option: The Issuer has the right to call the Issue on the
dates listed below at the corresponding prices. Call Notice is 30
calendar days.
Call Dates: February 10, 2003: 13.986957
February 10, 2008: 20.729012
February 10, 2013: 30.720901
February 10, 2018: 45.529125
February 10, 2023: 67.475273
These Notes, issued under Pricing Supplement No. 293, 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
$47,188,688 representing a face amount of $500,000,000 and relates
only to Pricing Supplement No. 293. Medium-Term Notes, Series E may
be issued by the Company in an aggregate principal amount of up to
$12,403,325,000 and, to date, including this offering, an aggregate
of $11,817,913,688 Medium-Term Notes, Series E has been issued and
$7,753,678,688 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.
