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Goldman Sachs to Reorganize Its Securities Business in Japan

Tokyo, August 1, 2006 – Goldman Sachs (Japan) Ltd. announced today that it will conduct its securities business in Japan through Goldman Sachs Japan Co., Ltd. ("GSJCL"), a newly incorporated Japanese company (kabushiki kaisha). Goldman Sachs (Japan) Ltd. will transfer all its business to GSJCL on October 1, 2006, and the new company will begin operating on the same day.

 

Goldman Sachs has long been dedicated to serving its clients in Japan, a commitment that was underscored with the opening of the Tokyo office in 1974. The reorganization reflects the firm's ongoing commitment to clients and to the Japanese capital markets.

Goldman Sachs is a leading global investment banking, securities and investment management firm that provides a wide range of services worldwide to a substantial and diversified client base, which includes corporations, financial institutions, governments and high net worth individuals. Founded in 1869, it is one of the oldest and largest investment banking firms. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.

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