Based upon the initial public offering price of $53.00 per share,
Goldman Sachs will receive net proceeds from the U.S., international and
Asia/Pacific offerings of $2.6 billion, after deducting the underwriting
discounts and estimated expenses that are payable by Goldman Sachs in the
offerings. The above amounts do not include underwriting discounts that will be
received by Goldman, Sachs & Co., Goldman Sachs International and Goldman Sachs
(Asia) L.L.C. as underwriters in the offerings. We will use the net proceeds to
provide additional funds for our operations and for other general corporate
purposes, although we have not yet determined a specific use. Pending specific
application of the net proceeds, we intend to use them to purchase short-term
marketable securities.
We will not receive any of the proceeds from the sale of shares of our common stock by Sumitomo Bank Capital Markets, Inc. or Kamehameha Activities Association.
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