Issuer: Lehman Brothers Holdings Inc.

Description: S&P 500 Index Stock Upside Notes Securities (SUNS)

Maturity: February 5, 2007

Symbol: SPJ

Trades like a: Stock

Total # of Shares Issued: 1,850,000

Issue Price: $10.00 per note

If you have any questions, please contact Susan Ramos by phone at 212-301-1855.