Stabilisation Notice

RNS Number:3417Z
Lehman Brothers Intl (Europe)
06 March 2006


                         Post-Stabilisation Disclosure


6th March, 2006


Not for distribution, directly or indirectly, in or into the United States or
any jurisdiction in which such distribution would be unlawful.


                   Lehman Brothers UK Capital Funding III LP


                              Stabilisation Notice


Lehman Brothers International (Europe) (contact: Alex Menounos; telephone: 0207
103 8610) hereby gives notice that no stabilisation (within the meaning of the
rules of the Financial Services Authority) was undertaken by the Stabilising
Manager(s) named below in relation to the offer of the following securities.

Issuer:                            Lehman Brothers UK Capital Funding III LP

Guarantor (if any):                Lehman Brothers Holdings plc

Aggregate nominal amount:          Euro500,000,000

Description:                       Fixed/Floating Rate Enhanced Capital Advantaged Preferred Securities

Stabilising Manager(s)             Lehman Brothers International (Europe)


This announcement is for information purposes only and does not constitute an
invitation or offer to underwrite, subscribe for or otherwise acquire or dispose
of any securities of the Issuer in any jurisdiction.



This announcement is not an offer of securities for sale in the United States.
The securities have not been, and will not be, registered under the United
States Securities Act of 1933 and may not be offered or sold in the United
States absent registration or an exemption from registration.  There has not
been and will not be a public offer of the securities in the United States.




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            The company news service from the London Stock Exchange
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