Rajat K. Gupta Will Not Stand for Re-Election to the Goldman Sachs Board of Directors

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"Rajat K. Gupta Will Not Stand for Re-Election to the Goldman Sachs Board of Directors"

"New York, March 19, 2010 –The Goldman Sachs Group, Inc. (NYSE: GS) today announced that Rajat K. Gupta has decided not to stand for re-election to the Board of Directors at the 2010 Annual Meeting of Shareholders. Mr. Gupta has been a director of Goldman Sachs since November 2006. During that time, he served as a member of the Audit, Compensation and Corporate Governance and Nominating Committees.\r\n“Rajat has made important contributions to Goldman Sachs as a board member,” said Lloyd C. Blankfein, Chairman and CEO of The Goldman Sachs Group, Inc. “His independent advice, keen understanding of the issues and belief in our culture has had a tremendous impact on our firm.” \r\n \r\nThe Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world. \r\n \r\nMedia Contact: \r\nSamuel Robinson \r\nTel: 212-902-5400\r\nInvestor Contact: \r\nDane Holmes \r\nTel: 212-902-0300\r\n"

New York, March 19, 2010 –The Goldman Sachs Group, Inc. (NYSE: GS) today announced that Rajat K. Gupta has decided not to stand for re-election to the Board of Directors at the 2010 Annual Meeting of Shareholders. Mr. Gupta has been a director of Goldman Sachs since November 2006. During that time, he served as a member of the Audit, Compensation and Corporate Governance and Nominating Committees.
“Rajat has made important contributions to Goldman Sachs as a board member,” said Lloyd C. Blankfein, Chairman and CEO of The Goldman Sachs Group, Inc. “His independent advice, keen understanding of the issues and belief in our culture has had a tremendous impact on our firm.” 
 
The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world. 
 
Media Contact: 
Samuel Robinson 
Tel: 212-902-5400
Investor Contact: 
Dane Holmes 
Tel: 212-902-0300

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