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Filed Pursuant to Rule 424(b)(3)
Registration No. 333-90677
Prospectus Supplement to Prospectus dated December 10, 1999.
5,577,655 Shares
[Goldman Sachs Logo]
THE GOLDMAN SACHS GROUP, INC.
Common Stock
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On December 14, 1999, Goldman, Sachs & Co. purchased, as principal,
5,577,655 shares of the common stock of The Goldman Sachs Group, Inc. at $78.75
per share from certain public charities and private foundations described in the
accompanying prospectus under the heading "Selling Shareholders" and certain
other charitable organizations. Goldman, Sachs & Co. intends to offer the
5,577,655 shares of common stock to the public at $78.75 per share. The total
proceeds to the selling shareholders, and the total public offering price, were
each $439,240,331.25. Goldman, Sachs & Co. did not receive a discount or
commission from the selling shareholders. Goldman, Sachs & Co., however, may
receive normal brokerage commissions from the purchasers of the shares in
amounts agreed to with those purchasers. All expenses incurred in connection
with the registration of common stock by the selling shareholders were paid by
The Goldman Sachs Group, Inc.
The common stock is listed on the New York Stock Exchange under the symbol
"GS". On December 14, 1999, the last reported sale price for the common stock on
the New York Stock Exchange was $78.50.
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NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY OTHER REGULATORY
BODY HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR PASSED UPON THE ADEQUACY
OR ACCURACY OF THIS PROSPECTUS SUPPLEMENT. ANY REPRESENTATION TO THE CONTRARY IS
A CRIMINAL OFFENSE.
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GOLDMAN, SACHS & CO.
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Prospectus Supplement dated December 14, 1999.
