NOTIFICATION  OF  THE  REMOVAL  FROM  LISTING  AND REGISTRATION OF THE STATED
SECURITIES

The American Stock Exchange LLC hereby notifies  the  SEC of its intention to
remove   the  entire  class  of  the  stated  securities  from  listing   and
registration  on  the  Exchange  at  the opening of business on September 25,
2006, pursuant to the provisions of Rule 12d2-2 (a). 17CFR240.12d2-2(a)(2)

The removal of Lehman Brothers Holdings  Inc.  Return  Accelerated  Portfolio
Debt  Securities  on  the  S&P 500 Index, maturing September 3, 2006 is being
effected because the Exchange  knows  or is reliably informed that the entire
class of this security was redeemed or  paid  at  maturity  or  retirement on
September 5, 2006.

The security was suspended by the Exchange on September 5, 2006.