LEHMAN BROTHERS HOLDINGS INC. RETIREMENT PLAN

Your Lehman Brothers Pension Benefit: Final Benefit Calculations (as of 3/12/2013)

PBGC continues to calculate the final benefit amount that participants will receive from their Lehman Brothers pension plan. This process takes at least three years. However it can take longer, depending on the complexity of the pension plan's provisions and the valuation of its assets.

So far, we have sent final benefit determinations to 3,472 participants in the Lehman Brothers Holdings Inc. Retirement Plan. We expect to send final benefit determinations to the remaining 18,000 participants by December 31, 2013.