NEW YORK, November 6, 2006 – In its annual release, Goldman, Sachs & Co. today announced the composition and weights for the 2007 Goldman Sachs Commodity Index (GSCI®).   The GSCI is a world production-weighted commodity index which in 2007 will be composed of 24 liquid exchange-traded futures contracts.  The GSCI includes energy, industrial metals, precious metals, agricultural and livestock products.  The 2007 GSCI will include all of the futures contracts in the 2006 GSCI.  No new commodities will enter the index and no existing commodities will be removed from the Index.  The weights of the 2007 GSCI are listed below.

Goldman Sachs also announced that the Investment Support Level (ISL), which is the estimated level of investment in the GSCI and other commodity indices, will be increased from the current level of $70 billion to $110 billion, effective, January, 2007.  The increase in the ISL reflects an increase in the general level of investment in the GSCI and other commodity indices.

In addition, Goldman Sachs announced that, in calculating the trading volumes of the NYMEX Henry Hub natural gas contract and WTI crude oil contract for purposes of determining the 2007 GSCI weights, Goldman Sachs took into account the volumes of the related contracts traded on IntercontinentalExchange and its ICE Futures subsidiary, but will not include these related contracts in the GSCI at this time.  Goldman Sachs, in consultation with the Policy Committee, will also consider whether changes should be made to the GSCI Manual to take volumes of related contracts into account on an ongoing basis.  In calculating the volumes of the ICE Futures WTI crude oil contract, as well as the NYMEX Reformulated Gasoline Blendstock for Oxygen Blending ("RBOB") contract, Goldman Sachs annualized the data from the three-month period of June, July and August 2006.

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.

2007 GSCI Contract Production Weights

Aluminum	33.1836
Copper	15.18
Lead	6.594
Nickel	1.152
Zinc	9.302
Gold	83.14184
Silver	584.5006
Natural Gas	28946.93
WTI Crude Oil	14323.18
BRT Crude Oil	5852.833
Heating Oil	82735.08
Gasoil	231.3952
RBOB	19369.38
Live Cattle	77822.17
Feeder Cattle	15302.12
Hogs	59656.22
Cocoa	3.2188
Coffee	16286.43
Corn	24061.91
Cotton	42063.77
Soy	6365.684
Sugar	309190.4
Wheat CBOT	15780.51
Wheat KBOT	5505.581