Rule 424(b)(2)
Registration No. 333-75723
PRICING SUPPLEMENT NO. 17 dated December 2, 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.: 52517PQQ7
Principal Amount: $205,000,000
Price to Public: 100.00%
Agent's Commission: 0.350%
Original Issue Date: 12/07/99
Initial Interest
Rate Per Annum: 3 month Libor, Telerate p. 3750, posted
on 12/03/99
Spread: +0.550%
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: The 12th of March, June, September and
December, commencing on 03/12/00, subject
to modified business day convention.
Maturity Date: 12/12/02
Authorized Denomination: $1,000 or any larger whole multiple.
Lehman Brothers Holdings Inc.
By:/s/ Robert M. Murach
Name: Robert M. Murach
Title: Vice President