Rule 424(b)(2)
Registration No. 333-75723
PRICING SUPPLEMENT NO. 14 dated August 26, 1999
to Prospectus Supplement dated April 30, 1999
and Prospectus dated April 30, 1999
LEHMAN BROTHERS HOLDINGS INC.
Medium-Term Notes, Series F
Due Nine Months or More From the Date of Issue
(Fixed Rate)
Cusip No.: 52517PQM6
Principal Amount: $350,000,000
Price to Public: 99.952%
Agent's Commission: 0.625%
Original Issue Date: 09/01/99
Interest Rate Per Annum: 7.50%
Interest Payment Dates: 03/01 and 09/01, commencing 03/01/00
Maturity Date: 09/01/06
Authorized Denomination: $1,000 or any larger whole multiple.
Lehman Brothers Holdings Inc.
By:________________________
Name: Kathryn Bopp Flynn
Title: Assistant Vice President
