Lord Browne Resigns from the Goldman Sachs Board of Directors

NEW YORK, – Lord Browne of Madingley has resigned as a member of the
Board of Directors of The Goldman Sachs Group, Inc.

Lord Browne has been a director of Goldman Sachs since the firm became a public company in May 1999. During that time, he has served with distinction as chairman of the Audit Committee and as a member of the Corporate Governance and Nominating Committee and the Compensation Committee.

Lloyd C. Blankfein, Chairman and CEO, said, "Lord Browne has made an enormous
contribution to Goldman Sachs and our culture of teamwork, excellence and client service. He
has approached every issue with extraordinary business acumen and an absolute commitment to the firm’s success. His ability to identify and deal with the important issues affecting our
business and our people has helped guide this institution since we became a public company. On behalf of the people of Goldman Sachs, I would like to thank Lord Browne for his service to the firm and our shareholders"