Issuer

Lehman Brothers Holdings Inc.

Non-Bank Financial Institutions

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Summary

Lehman Brothers Holdings Inc. (Lehman) offers a broad array of financial services to corporations, governments, municipalities, institutional clients and high-net-worth individuals worldwide. It is a leading participant in fixed-income and equity capital markets, investment banking and investment management. Based in New York, with regional headquarters in London and Tokyo and office locations around the globe, Lehman reported total assets of $659.2 billion as of Q3 2007. Its main operating unit, Lehman Brothers Inc., a registered broker dealer, contributed 47% of consolidated earnings in F2006, which ended in November.

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