Business Wire, Oct 25, 2002

Business Editors

NEW YORK--(BUSINESS WIRE)--Oct. 25, 2002

The Goldman Sachs Group Inc. (NYSE:GS) announced today that it has invited 78 individuals to join the firm's Partnership Pool, and 160 individuals to become Managing Directors, as of November 30, 2002, the start of the firm's fiscal year.

Commenting on the announcement, Henry M. Paulson, Jr., Chairman and Chief Executive Officer, said: "We congratulate our new members of the Partnership Pool and the new Managing Directors, who represent a broad cross-section of the firm's businesses and global presence. Their leadership has contributed to, and will continue to drive, the firm's culture and success."

The Partnership Pool was established at the time of Goldman Sachs' public offering in May 1999 to maintain various core aspects of the firm's partnership culture among its leaders, including teamwork, client focus and a commitment to excellence. Goldman Sachs chooses new Managing Directors annually and new Partnership Pool members biennially.

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 that 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.

(The individuals invited to become members of the Partnership Pool and Managing Directors are named on the accompanying pages).

We are pleased to announce that the following individuals have been invited to join the Partnership Pool as of November 30, 2002, the start of our next fiscal year.

Peter C. Aberg          Kenneth W. Hitchner       Charlotte P. Ransom
Syed H. Ahmad           Maykin Ho                 Joseph Ravitch
Dean C. Backer          Peter Hollmann            Ivan Ross
Adam P. Barrett         Robert C. Jones           Masanori Sato
Frances R. Bermanzohn   Carsten Kengeter          Marcus Schenck
John D. Campbell        Shigeki Kiritani          Stephen M. Scherr
Geoffrey G. Clark       Eric S. Lane              Harvey M. Schwartz
Lawrence A. Cohen       Gregg R. Lemkau           Lisa M. Shalett
Brahm S. Cramer         Ryan D. Limaye            Sarah E. Smith
Neil D. Crowder         Josephine Linden          Daniel L. Sparks
Michael D. Daffey       Anthony W. Ling           Steven H. Strongin
Michael G. De Lathauwer Victor M. Lopez-Balboa    Andrew J. Stuart
Mark F. Dehnert         Mark G. Machin            Greg W. Tebbe
Juan A. Del Rivero      John J. Masterson         Stephen S. Trevor
Martin R. Devenish      George N. Mattson         Michael A. Troy
Armando A. Diaz         Joseph M. McConnell       Eiji Ueda
William C. Dudley       John W. McMahon           Kaysie P. Uniacke
Stephen C. Fitzgerald   Robert A. McTamaney       Ashok Varadhan
Robert K. Frumkes       Christian A. Meissner     John E. Waldron
Enrico S. Gaglioti      Andrew L. Metcalfe        Gregg S. Weinstein
Rajiv A. Ghatalia       Therese L. Miller         Matthew C. Westerman
Scott A. Gieselman      William C. Montgomery     C. Howard Wietschner
William M. Grathwohl    Gregory T. Mount          Susan A. Willetts
Stefan Green            L. Peter O'Hagan          John S. Willian
Celeste A. Guth         Andrea Ponti              Paul M. Young
Melina E. Higgins       Richard H. Powers         William J. Young
    We are pleased to announce that the following individuals have
been invited to become Managing Directors as of November 30, 2002, the
start of our next fiscal year.
Hilary E. Ackermann    Stephen D. Daniel      Alan S. Kava
Jeffrey D. Adams       Katherine R. Davisson  Andreas Koernlein
Elizabeth D. Anderson  Giorgio De Santis      J. Christopher A. Kojima
Jason R. Anderson      Bradley S. DeFoor      Kazuaki Kojima
Jesus A. Arias         Alvaro del Castano     Jeffrey A. Kolitch
Charles Baillie        Roger E. Denby-Jones   Takahiro Komatsu
Bernardo Bailo         David G. Dick          Srihari Kumar
Mona H. Baird          David C. Earling       Joon Kwun
Andrew T. Bednar       Robert K. Ehudin       Simon M. Lamb
Douglas S. Bell        Kathy G. Elsesser      Joseph A. LaNasa III
Driss Ben Brahim       Peter C. Enns          Rudolf N. Lang
Anna Maria J. Bentley  Katherine B. Enquist   Brian J. Lee
Susan M. Benz          Fred W. Esiri          George C. Lee
Johannes M. Boomaars   James P. Esposito      Tim Leissner
Douglas L. Borden      Douglas L. Feagin      Allan S. Levine
J. Theodore Borter     Gail S. Fierstein      Brian T. Levine
Mairtin Brady          Pierre-Henri Flamand   Lisette M. Lieberman
Timothy J. Bridges     Mark C. Fletcher       Terence Tayseop Lim
Victoria A. Bridges    Timothy T. Furey       Mark A. Lynch
Julia A. Bronson       Maryann L. Gallivan    Paula B. Madoff
David D. Buckley       Gonzalo R. Garcia      Puneet Malhi
Nicholas F. Burgin     Hywel D. George        Jean E. Manas
Sally W. Cantwell      Justin G. Gmelich      Simon I. Mansfield
Gerald J. Cardinale    Eldridge F. Gray       Naomi Matsuoka
Mark J. Carney         Michael J. Grimaldi    Gordon R. McCulloch
Lik Shuen David Chan   Benoit Herault         Matthew B. McLennan
Thomas V. Cholnoky     Axel Hoerger           Stephen J. Mellas
Colin Coleman          Simon N. Holden        Bruce H. Mendelsohn
Kenneth W. Coquillette Shin Horie             Garry E. Menzel
Michael J. Crinieri    Adrian M. Jones        Michael J. Millette
Craig W. Crossman      Terrence O. Jones      Milton R. Millman
Jeffrey R. Currie      Shunji Katayama        Philip J. Moffitt
Simon P. Morris        Peter A. Seibold
Thomas C. Morrow       Hiran N. Selvaratnam
Alvise J. Munari       Daniel M. Shefter
Marc O. Nachmann       David A. Shiffman
Claire M. Ngo          Susan E. Sidd
Erik F. Nielsen        Daniel J. Silber
Hideya Niimi           Guy C. Slimmon
David J. Nolan         Claudia Spiess
James B. Otness        Joseph F. Squeri
Simon Y. Park          Christoph W. Stanger
Douglas S. Patterson   Chase O. Stevenson
David T. Pearson       Richard J. Stingi
Steven M. Pinkos       Howard B. Surloff
Stacy B. Polley        Kunio Tahara
Alberto Pravettoni     Kui F. Tang
Andrew F. Pyne         Roland W. Tegeder
William M. Quinn       Stephen M. Thurer
Jean Raby              Irene Y. Tse
Matthew Rafferty       Scott B. Ullem
Sandy C. Rattray       Kevin M. Ulrich
Nicholas T. Reid       Robin A. Vince
David Reilly           Andrea A. Vittorelli
Richard J. Revell      Theodore T. Wang
Craig Reynolds         Mark K. Weeks
Kirk L. Rimer          Melanie J. White
Juliet A. Robinson     Elisha Wiesel
David J. Rosenblum     Meurig R. Williams
Marc A. Rothenberg     Alexander D. Wohl
Thomas A. Roupe        Neil J. Wright
Roy J. Salameh         Denise A. Wyllie
Daniel Schmitz         Yi Kevin Zhang
Matthew L. Schroeder   John W. Ziegler

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COPYRIGHT 2002 Gale Group


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