Rule 424(b)(2)
Registration Nos. 333-44771
NASD File No. 961029005
Cusip No: 52517PMV0
PRICING SUPPLEMENT NO. 299
Trade Date: February 19, 1998 to Prospectus
Supplement dated February 18, 1998
and Prospectus dated February 18, 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% Initial Interest Rate: 3 month Libor
Commission: .15% Telerate pg 3750
posted on 2/24/98
Interest Rate Basis:
( ) Treasury Rate Settlement Date: 2/26/98
(X) LIBOR (3 month) Maturity Date: 3/23/99
( ) Commercial Paper Rate Maximum Interest Rate:______%
( ) Federal Funds Effective Rate Minimum Interest Rate:______%
( ) Prime Rate Spread Multiplier:__________%
( ) Other Spread (+ -) +.030%
Index Maturity: Quarterly
Interest Payment Period: Quarterly
Interest Reset Period: Quarterly
Interest Reset Dates: Same as interest payment dates.
Interest Determination Dates: Two London business days prior to
interest reset dates. (1 month - 1 week Libor interpolation for
the period from 2/26/98 - 3/23/98).
Interest Payment Dates: The 23rd of March, June, September, and
December, commencing on March 23rd, 1998, subject to modified
following business day convention.
The aggregate principal amount of this offering is $118,000,000
and relates only to Pricing Supplement No. 299. Medium-Term
Notes, Series E may be issued by the company in aggregate
principal amount of up to $14,162,913,688 and, to date, including
this offering, an aggregate of $12,736,413,688 Medium-Term Notes,
Series E has been issued and $8,597,178,688 are outstanding.
