Name of Fund: Goldman Sachs Large Cap Value Fund
Name of Underwriter From Who Purchased: Allen & Company, Salomon Smith Barney,
Robertson Stephens, Merrill Lynch, First Union, Credit Suisse First Boston,
Sanford Bernstein
Names of Underwriting syndicate members: Goldman Sachs, Merrill Lynch Morgan
Stanley Dean Witter, Salomon Smith Barney, Credit Suisse, Lehman Brothers, Bank
of America, M.R. Beal, Bear Stearns, Chase H&Q, Deutsche Banc, DLJ, JP Morgan,
Painewebber, Prudential Volpe, Sanford Berstein, Thomas Weisel
Name of Issuer: AT&T Wireless Group
Title of Security: AT&T Wireless Group
Date of First Offering: 5/2/00
Dollar Amount Purchased: 41,300.00
Number of Shares Purchased: 1,400
Price Per Unit: $29.50
Name of Fund: Goldman Sachs Growth and Income Fund
Name of Underwriter From Who Purchased: Merrill Lynch, Morgan Stanley Dean
Witter, Painewebber, Prudential Volpe, Salomon Smith Barney, Credit Suisse,
Lehman Brothers, Bank of America, Sanford Bernstein, Thomas Weisel, MR Beal,
Bear Stearns, Chase H&Q, Deutsche Banc, DLJ, JP Morgan
Names of Underwriting syndicate members: Goldman, Sachs & Co., Merrill Lynch,
Morgan Stanley, Credit Suisse First Boston, Salomon Smith Barney, Lehman
Brothers, Banc of America, MR Beal, Bear Stearns & Co.
Name of Issuer: AT&T Wireless Group
Title of Security: AT&T Wireless Group
Date of First Offering: 5/2/00
Dollar Amount Purchased: 2,569,450.00
Number of Shares Purchased: 87,100
Price Per Unit: $29.50
Name of Fund: Goldman Sachs Balanced Fund
Name of Underwriter From Who Purchased: Allen & Company, Salomon Smith Barney,
Robertson Stephens, Neuberger & Berman, Merrill Lynch, D.A. Davidson, Jefferies,
First Union, Credit Suisse First Boston, First Albany, Dain Rauscher, SG Cowen,
CL King, Sanford Bernstein, George K. Baum, Robert W. Baird & Co.
Names of Underwriting syndicate members: Goldman, Sachs & Co., Merrill Lynch,
Morgan Stanley, Credit Suisse First Boston, Salomon Smith Barney, Lehman
Brothers, Banc of America, MR Beal, Bear Stearns & Co.
Name of Issuer: AT&T Wireless Group
Title of Security: AT&T Wireless Group
Date of First Offering: 5/2/00
Dollar Amount Purchased: 126,850.00
Number of Shares Purchased: 4,300
Price Per Unit: $29.50
Name of Fund: Goldman Sachs Balanced Fund
Name of Underwriter From Who Purchased: Credit Suisse First Boston, Morgan
Stanley
Names of Underwriting syndicate members: Goldman, Sachs & Co., Credit Suisse
First Boston, Banc of America, DLJ, Lehman Brothers, Merrill Lynch
Name of Issuer: Metlife
Title of Security: Metlife
Date of First Offering: 4/7/00
Dollar Amount Purchased: 235,125.00
Number of Shares Purchased: 16,500
Price Per Unit: $14.25
Name of Fund: Goldman Sachs Capital Growth Fund
Name of Underwriter From Who Purchased: Credit Suisse First Boston, Morgan
Stanley Dean Witter
Names of Underwriting syndicate members: Goldman, Sachs & Co., Credit Suisse
First Boston, Banc of America, Donaldson, Lufkin & Jenrette, Lehman Brothers,
Merrill Lynch, Morgan Stanley, Salomon Smith Barney
Name of Issuer: Metlife
Title of Security: Metlife
Date of First Offering: 4/7/00
Dollar Amount Purchased: 14,059,335.00
Number of Shares Purchased: 986,620
Price Per Unit: $14.25
Name of Fund: Goldman Sachs Growth Opportunities Fund
Name of Underwriter From Who Purchased: Credit Suisse First Boston, Robertson,
Stephens & Co., Wit Soundview Technology Group
Names of Underwriting syndicate members: Credit Suisse First Boston, Robertson
Stephens, Wit Soundview Corporation, Donaldson, Lufkin & Jenrette, E*Offering
Corp.
Name of Issuer: Virage, Inc.
Title of Security: Virage, Inc.
Date of First Offering: 6/29/00
Dollar Amount Purchased: 31,900.00
Number of Shares Purchased: 2,900
Price Per Unit: $11.00
Name of Fund: Goldman Sachs Growth Opportunities Fund
Name of Underwriter From Who Purchased: Donaldson, Lufkin & Jenrette, Banc of
America Securities, Robertson Stephens & Co., Thomas Weisel Partners LLC
Names of Underwriting syndicate members: Donaldson, Lufkin & Jenrette, Banc of
America, Robertson Stephens, Thomas Weisel Partners LLC
Name of Issuer: Manufacturers Services
Title of Security: Manufacturers Service
Date of First Offering: 6/23/00
Dollar Amount Purchased: 603,200.00
Number of Shares Purchased: 37,700
Price Per Unit: $16.00
Name of Fund: Goldman Sachs Asia Growth Fund
Name of Underwriter From Who Purchased: BNP Peregrine
Names of Underwriting syndicate members: Goldman, Sachs & Co. China
International Capital Corporation
Name of Issuer: PetroChina Company Limited
Title of Security: H Shares or ADSs
Date of First Offering: 3/30/2000
Dollar Amount Purchased: HKDS L3,056,000 (US$ 1,676,769.75)
Number of Shares Purchased: 10,200,000 shares
Price Per Unit: HK$1.28
Name of Fund: Goldman Sachs Japanese Equity Fund
Name of Underwriter From Who Purchased: The Nomura Securities Co., Ltd.
Names of Underwriting syndicate members: Daiwa Securities SB Capital Markets,
Goldman Sachs (Japan) Ltd., etc.**
Name of Issuer: Rakuten Inc.
Title of Security: Common Stock
Date of First Offering: 4/11/00
Dollar Amount Purchased: USD 311,600.02
Number of Shares Purchased: 1 share
Price Per Unit: JPY 33,000,000
** New Japan Securiies and Wako Securities were merged and now they changed its
name to Shinko-Securities Co., Ltd as of 1st of Apirl, 2000
Name of Fund: Goldman Sachs Growth Opportunities
Name of Underwriter From Who Purchased: Credit Suisse First Boston, Morgan
Stanley Dean Witter
Names of Underwriting syndicate members: Goldman, Sachs & Co., Credit Suisse
First Boston, Banc of America, Donaldson, Lufkin & Jenrette, Lehman Brothers,
Merrill Lynch, Morgan Stanley, Salomon Smith Barney
Name of Issuer: Metlife
Title of Security: Metlife
Date of First Offering: 4/7/00
Dollar Amount Purchased: 1,249,725.00
Number of Shares Purchased: 87,700
Price Per Unit: $14.25
Name of Fund: Goldman Sachs Growth Opportunities Fund
Name of Underwriter From Who Purchased: Legg Mason Wood Walker, Thomas Weisel
Partners, Deutsche Banc Alex Brown
Names of Underwriting syndicate members: Goldman, Sachs & Co., Thomas Weisel,
Legg Mason Wood Walker Partners, Deutsche Banc Alex, Brown, Wit Soundview
Name of Issuer: Register Com Inc.
Title of Security: Register Com Inc.
Date of First Offering: 3/24/00
Dollar Amount Purchased: $31,200.00
Number of Shares Purchased: 1,300
Price Per Unit: $24.00
Name of Fund: Goldman Sachs European Equity Fund
Name of Underwriter From Who Purchased: Dresdner Kleinwort Benson
Names of Underwriting syndicate members: Dresdner Kleinwort Benson, Goldman
Sachs Int'l
Name of Issuer: T-On-Line International AG
Title of Security: T-On-Line International AG
Date of First Offering: April 16, 2000
Dollar Amount Purchased: 65348.15
Number of Shares Purchased: 2541.00
Price Per Unit: 25.96
Name of Fund: Goldman Sachs Emerging Markets Equity Fund
Name of Underwriter From Who Purchased: BNP Peregrine
Names of Underwriting syndicate members: Goldman, Sachs & Co., China
International Capital Corporation
Name of Issuer: PetroChina Company Limited
Title of Security: H Shares for ADSs
Date of First Offering: March 30, 2000
Dollar Amount Purchased: 1,479,502.72
Number of Shares Purchased: 9,000,000
Price Per Unit: HK 1.28
Name of Fund: Goldman Sachs Emerging Markets Equity Fund
Name of Underwriter From Who Purchased: Merrill Lynch
Names of Underwriting syndicate members: Merrill Lynch & Co., Morgan Stanley
Dean Witter, Salomon Smith Barney
Name of Issuer: Votorantim Celulose e papel S.A. -ADR
Title of Security: Votorantim Celulose e papel S.A. -ADR
Date of First Offering: March 27, 2000
Dollar Amount Purchased: 1,588,500.00
Number of Shares Purchased: 105,900
Price Per Unit: 15.00
Name of Fund: Goldman Sachs International Small Cap Fund
Name of Underwriter From Who Purchased: Lehman Brothers Europe
Names of Underwriting syndicate members: Goldman Sachs International
Name of Issuer: Parthus Technologies Plc
Title of Security: Parthus
Date of First Offering: May 26, 2000
Dollar Amount Purchased: 117,130.00
Number of Shares Purchased: 137,800
Price Per Unit: 1.27
Name of Fund: Goldman Sachs International Small Cap Fund
Name of Underwriter From Who Purchased: Robertson Stephens International
Names of Underwriting syndicate members: Goldman Sachs International
Name of Issuer: Bookham Technology Plc
Title of Security: Bookham Technology
Date of First Offering: April 11, 2000
Dollar Amount Purchased: 310,000
Number of Shares Purchased: 31,000
Price Per Unit: 14.98
Name of Fund: Goldman Sachs International Small Cap Fund
Name of Underwriter From Who Purchased: Merrill Lynch Japan, Inc.
Names of Underwriting syndicate members: Daiwa Securities, SB Capital Markets,
Goldman Sachs Japan, Ltd.
Name of Issuer: Rakuten, Inc.
Title of Security: Common Stock
Date of First Offering: April 11, 2000
Dollar Amount Purchased: 1,246,400.09
Number of Shares Purchased: 4
Price Per Unit: 33,000,000 (JPY)
Name of Fund: Goldman Sachs European Equity Fund
Name of Underwriter From Who Purchased: Societe General
Names of Underwriting syndicate members: Goldman Sachs, Societe Generale
Name of Issuer: Vivendi Environment
Title of Security: VIE FP Ordinary Shares
Date of First Offering: July 12, 2000
Dollar Amount Purchased: 799,267.68
Number of Shares Purchased: 25,422
Price Per Unit: 31.44
Name of Fund: Goldman Sachs International Equity Fund
Name of Underwriter From Who Purchased: Societe Generale
Names of Underwriting syndicate members: Goldman Sachs, Societe Generale
Name of Issuer: Vivendi Environment
Title of Security: VIE FP Ordinary Shares
Date of First Offering: July 12, 2000
Dollar Amount Purchased: 5,259,536.00
Number of Shares Purchased: 167,377
Price Per Unit: 31.44
Name of Fund: Goldman Sachs Growth Opportunities Fund
Name of Underwriter From Who Purchased: Legg Mason Wood Walker, Thomas Weisel
Partners, Deutsche Banc Alex Brown
Names of Underwriting syndicate members: Goldman, Sachs & Co., Thomas Weisel,
Legg Mason Wood Walker Partners,
Deutsche Banc Alex Brown, Wit Soundview
Name of Issuer: Register.Com Inc.
Title of Security: Register.Com Inc.
Date of First Offering: March 24, 2000
Dollar Amount Purchased: 31,200.00
Number of Shares Purchased: 1,300
Price Per Unit: 24.00
Name of Fund: Goldman Sachs Growth Opportunities Fund
Name of Underwriter From Who Purchased: Credit Suisse First Boston
Names of Underwriting syndicate members: Credit Suisse First Boston, Chase H&Q,
U.S. Bancorp Piper Jaffray, CIBC World Markets
Name of Issuer: New Focus
Title of Security: New Focus
Date of First Offering: May 17, 2000
Dollar Amount Purchased: 46,000.00
Number of Shares Purchased: 2,300
Price Per Unit: 20.00
Name of Fund: Goldman Sachs Growth Opportunities Fund
Name of Underwriter From Who Purchased: DLJ Securities, US Bancorp Piper
Jaffery Inc, Merrill Lynch, Credit Suisse First Boston
Names of Underwriting syndicate members: Credit Suisse First Boston, Merrill
Lynch, DLJ, U.S. Bancorp Piper Jaffray Inc., Chase Securities, Wit Soundview
Corporation
Name of Issuer: Handspring, Inc.
Title of Security: Handspring, Inc.
Date of First Offering: 6/20/00
Dollar Amount Purchased: 16,000.00
Number of Shares Purchased: 800
Price Per Unit: 20.00
Name of Fund: Goldman Sachs Growth Opportunities Fund
Name of Underwriter From Who Purchased: Credit Suisse First Boston
Names of Underwriting syndicate members: Credit Suisse First Boston, Chase
Securities, US Bancorp Piper Jaffray, CIBC World Markets, Dain Rauscher Inc.,
Wit Soundview, Merrill Lynch
Name of Issuer: New Focus, Inc.
Title of Security: New Focus, Inc.
Date of First Offering: 5/17/00
Dollar Amount Purchased:46,000.00
Number of Shares Purchased: 2,300
Price Per Unit: 20.00
Name of Fund: Goldman Sachs Japanese Equity Fund
Name of Underwriter From Who Purchased: The Nomura Securities Co., Ltd.
Names of Underwriting syndicate members: Daiwa Securities SB Capital Markets,
Goldman Sachs (Japan) Ltd., Nomura Securities, Co. Ltd, Merrill Lynch Japan,
Kokusai Securities Co. Ltd., E*Trade Securites Co. Ltd, HIS Kyoritsu
Securities Co., IBJ Securities Co., Ltd. Nikko, Salomon Smith Barney (Japan)
Ltd., Tokyo Securities Co., Ltd, World Nichiei Securities Co. Ltd. Paribas
Capital Markets Ltd.
Name of Issuer: Rakuten Inc.
Title of Security: Common Stock
Date of First Offering: April 11, 2000
Dollar Amount Purchased: 311,600.02
Number of Shares Purchased: 1
Price Per Unit: JPY 33,000,000
APPROVE RULE 10f-3 TRANSACTIONS*
Proposed Resolution to be Adopted
By the Trustees of
Goldman Sachs Trust and Goldman
Sachs Variable Insurance Trust
RESOLVED, that, in reliance upon the written report provided
by Goldman, Sachs & Co. ("Goldman Sachs") to the Trustees all purchases
made during the fiscal quarter ended July 31, 2000, for the fixed
income Funds, August 31, 2000 for the equity Funds, and September 30,
2000 for the money market and specialty Funds, on behalf of the Goldman
Sachs Trust Funds of instruments during the existence of underwriting
or selling syndicates, under circumstances where Goldman Sachs or any
of its affiliates is a principal underwriter of the instruments, were
effected in compliance with the procedures adopted by the Trustees
pursuant to Rule 10f-3 under the Investment Company Act of 1940, as
amended; and
FURTHER RESOLVED, that, in reliance upon the written report
provided by Goldman, Sachs & Co. ("Goldman Sachs") to the Trustees all
purchases made during the fiscal quarter ended September 30, 2000, for
the fixed income and equity Funds, on behalf of the Variable Insurance
Trust Funds of instruments during the existence of underwriting or
selling syndicates, under circumstances where Goldman Sachs or any of
its affiliates is a principal underwriter of the instruments, were
effected in compliance with the procedures adopted by the Trustees
pursuant to Rule 10f-3 under the Investment Company Act of 1940, as
amended.
