Rule 424(b)(2)
Registration No. 333-75723
PRICING SUPPLEMENT NO. 33 dated September 05, 2000
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
(Zero Coupon)
Cusip No.: 52517PRH6
Principal Amount: $2,012,751
Price to Public: 36.64328%
Agent's Commission: 0.342%
Original Issue Date: 09/14/00
Maturity Date: 10/15/13
Authorized Denomination: $1,000 or any larger whole multiple.
Lehman Brothers Holdings Inc.
By:/s/Kathryn Bopp Flynn
Name: Kathryn Bopp Flynn
Title: Assistant Vice President