Rule 424(b)(2)
Registration No. 333-75723
PRICING SUPPLEMENT NO. 9 dated July 7, 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
(Floating Rate)
Cusip No.: 52517PQG9
Principal Amount: $216,000,000
Price to Public: 100.00%
Agent's Commission: 0.350%
Original Issue Date: 07/12/99
Initial Interest
Rate Per Annum: 3 month Libor, Telerate p. 3750, posted
on 07/08/99
Spread: +0.80%
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 each
interest reset date.
Interest Payment Dates: 01/15, 04/15, 07/15, and 10/15, commencing
10/15/99, subject to modified business day
convention.
Maturity Date: 07/15/02
Authorized Denomination: $1,000 or any larger whole multiple.
Lehman Brothers Holdings Inc.
By:________________________
Name: Kathryn M. Bopp Flynn
Title: Senior Vice President
