FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0104 Expires: January 31, 2005 Estimated average burden hours per response... 0.5

(Print or Type Responses)

1. Name and Address of Reporting Person *   EVANS J. MICHAEL 2. Date of Event Requiring Statement (Month/Day/Year) 02/27/2008 3. Issuer Name and Ticker or Trading Symbol GOLDMAN SACHS GROUP INC [GS] (Last) (First) (Middle) C/O GOLDMAN, SACHS & CO., 85 BROAD STREET 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Vice Chairman 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) NEW YORK, NY 10004 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Common Stock, par value $0.01 per share 689,676 (1) D   Common Stock, par value $0.01 per share 95,899 I See footnote (2)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	  (3)	  (3)	Common Stock, par value $0.01 per share	25,499	$ (3)	D	Â
Nonqualified Stock Options (right to buy)	  (4)	  (4)	Common Stock, par value $0.01 per share	817,123	$ (4)	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
EVANS J. MICHAEL C/O GOLDMAN, SACHS & CO. 85 BROAD STREET NEW YORK, NY 10004	Â	Â	  Vice Chairman	Â

Signatures

/s/ Roger S. Begelman, Attorney-in-fact		03/10/2008
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Of these shares, 225,634 are subject to certain transfer restrictions and will generally become transferable on dates ranging from January 2009 to January 2011.
(2)	As trustee of grantor retained annuity trusts.
(3)	These Restricted Stock Units ("RSUs") are either vested or will vest on dates ranging from November 28, 2008 to November 26, 2010. Shares underlying these RSUs will generally become deliverable, without the payment of any consideration, on dates ranging from January 2009 to January 2011.
(4)	The exercise prices for the Stock Options range from $78.87 to $204.16, with varying expiration dates from November 25, 2011 to November 24, 2017. All of these Stock Options are vested and all are exercisable or will become exercisable on dates ranging from January 2009 to January 2011.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.