RNS No 6505a
LEHMAN BROTHERS HOLDINGS PLC
30th June 1997

FORMAL NOTICE FOR SPECIALIST SECURITIES

PUBLICATION DATE: 30 June 1997


Application has been made to the London Stock Exchange for the following
securities to be admitted to the Official List.

_____________________________________________________________________________


DETAILS OF ISSUE:   US$1,500,000 Zero Coupon Subordinated Notes due 2002






ISSUER:             Lehman Brothers Holdings Plc






INCORPORATED IN:    England






GUARANTOR:          Lehman Brothers Holdings Inc.






INCORPORATED IN:     USA


Particulars relating to the issue may be obtained during usual business hours
for fourteen days from the date of this formal notice from:

Lehman Brothers International (Europe)
One Broadgate
London EC2M 7HA

Copies of the particulars relating to the above may also be obtained from the
London Stock Exchange, London Stock Exchange Tower, Old Broad Street (beside
the main entrance), London EC2, for the two business days following the date
of this formal notice.



END