SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
--------------
SCHEDULE 13D/A
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
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KINDER MORGAN, INC.
(NAME OF ISSUER)
COMMON STOCK, PAR VALUE $5 PER SHARE
(TITLE OF CLASS OF SECURITIES)
49455P101
(CUSIP NUMBER)
--------------
BEN I. ADLER, ESQ.
GOLDMAN, SACHS & CO.
ONE NEW YORK PLAZA
NEW YORK, NY 10004
(212) 902-1000
(NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON
AUTHORIZED TO RECEIVE NOTICES OF COMMUNICATION)
------------
COPY TO:
DAVID M. SILK, ESQ.
MITCHELL S. PRESSER, ESQ.
IGOR KIRMAN, ESQ.
WACHTELL, LIPTON, ROSEN & KATZ
51 WEST 52ND STREET
NEW YORK, NY 10019
(212) 403-1000
AUGUST 28, 2006
(DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition that is the subject of this Schedule 13D, and is filing
this schedule because of ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g),
check the following box:
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See ss.ss. 240.13d-7 for other
parties to whom copies are to be sent.
(Continued on the following pages)
------------------
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, SEE the
NOTES).
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Common Stock CUSIP No. 49455P101
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
The Goldman Sachs Group, Inc.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(D) or 2(E) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
0
SHARES
------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
78,982
OWNED BY ------------------------------------------------------
9 SOLE DISPOSITIVE POWER
EACH REPORTING 0
------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER
223,724
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
223,724
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [X]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2% (1)
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
HC-CO
--------------------------------------------------------------------------------
---------------------
(1) Based on 133,921,582 shares of common stock outstanding at July 31,
2006 as reported in the Issuer's Form 10-Q for the fiscal quarter ended
June 30, 2006, filed with the Securities and Exchange Commission (the
"SEC") on August 8, 2006 (the "Reported Shares Outstanding").
--------------------------------------------------------------------------------
Common Stock CUSIP No. 49455P101
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
Goldman Sachs & Co.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC/OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(D) or 2(E) [X]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
0
SHARES
------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
78,982
OWNED BY ------------------------------------------------------
9 SOLE DISPOSITIVE POWER
EACH REPORTING 0
------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER
223,724
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
223,724
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [X]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2% (2)
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
BD-PN-IA
--------------------------------------------------------------------------------
----------------------
(2) Based on the Reported Shares Outstanding.
--------------------------------------------------------------------------------
Common Stock CUSIP No. 49455P101
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
GSCP V Advisors, L.L.C.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(D) or 2(E) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
0
SHARES
------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
0
OWNED BY ------------------------------------------------------
9 SOLE DISPOSITIVE POWER
EACH REPORTING 0
------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [X]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Common Stock CUSIP No. 49455P101
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
GSCP V Offshore Advisors, L.L.C.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(D) or 2(E) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
0
SHARES
------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
0
OWNED BY ------------------------------------------------------
9 SOLE DISPOSITIVE POWER
EACH REPORTING 0
------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [X]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Common Stock CUSIP No. 49455P101
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
GS Advisors V, L.L.C.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(D) or 2(E) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
0
SHARES
------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
0
OWNED BY ------------------------------------------------------
9 SOLE DISPOSITIVE POWER
EACH REPORTING 0
------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [X]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Common Stock CUSIP No. 49455P101
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
Goldman, Sachs Management GP GmbH
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(D) or 2(E) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Germany
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
0
SHARES
------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
0
OWNED BY ------------------------------------------------------
9 SOLE DISPOSITIVE POWER
EACH REPORTING 0
------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [X]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Common Stock CUSIP No. 49455P101
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
GS Capital Partners V Fund, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(D) or 2(E) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
0
SHARES
------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
0
OWNED BY ------------------------------------------------------
9 SOLE DISPOSITIVE POWER
EACH REPORTING 0
------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [X]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Common Stock CUSIP No. 49455P101
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
GS Capital Partners V Offshore Fund, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(D) or 2(E)
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
0
SHARES
------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
0
OWNED BY ------------------------------------------------------
9 SOLE DISPOSITIVE POWER
EACH REPORTING 0
------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [X]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Common Stock CUSIP No. 49455P101
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
GS Capital Partners V GmbH & CO. KG
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(D) or 2(E) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Germany
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
0
SHARES
------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
0
OWNED BY ------------------------------------------------------
9 SOLE DISPOSITIVE POWER
EACH REPORTING 0
------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [X]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Common Stock CUSIP No. 49455P101
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
GS Capital Partners V Institutional, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(D) or 2(E) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
0
SHARES
------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
0
OWNED BY ------------------------------------------------------
9 SOLE DISPOSITIVE POWER
EACH REPORTING 0
------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [X]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Common Stock CUSIP No. 49455P101
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
GS Global Infrastructure Partners I, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(D) or 2(E) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
0
SHARES
------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
0
OWNED BY ------------------------------------------------------
9 SOLE DISPOSITIVE POWER
EACH REPORTING 0
------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [X]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Common Stock CUSIP No. 49455P101
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
GS Global Infrastructure Advisors 2006, L.L.C.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(D) or 2(E) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
0
SHARES
------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
0
OWNED BY ------------------------------------------------------
9 SOLE DISPOSITIVE POWER
EACH REPORTING 0
------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [X]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
--------------------------------------------------------------------------------
ITEM 1. SECURITY AND ISSUER.
This Amendment No. 1 (this "Amendment") amends the Schedule 13D
originally filed on June 7, 2006 (the "Original 13D") on behalf of The Goldman
Sachs Group, Inc. ("GS Group"), Goldman, Sachs & Co. ("Goldman Sachs"), GSCP V
Advisors, L.L.C. ("GSCP Advisors"), GSCP V Offshore Advisors, L.L.C. ("GSCP
Offshore Advisors"), GS Advisors V, L.L.C. ("GS Advisors"), Goldman, Sachs
Management GP GmbH ("GS GmbH"), GS Capital Partners V Fund, L.P. ("GS Capital"),
GS Capital Partners V Offshore Fund, L.P. ("GS Offshore"), GS Capital Partners V
GmbH & CO. KG ("GS Germany"), and GS Capital Partners V Institutional, L. P.
("GS Institutional" and, together with GS Capital, GS Offshore and GS Germany,
the "Funds").
This Amendment No. 1 is made by the above-named parties and GS Global
Infrastructure Partners I, L.P. ("GS Infrastructure") and GS Infrastructure
Advisors 2006, L.L.C. ("GS Infrastructure Advisors") (collectively, the
"Reporting Persons").(3)
This Amendment relates to the common stock, par value $5.00 per share
(the "Common Stock"), of Kinder Morgan, Inc. (the "Issuer"). The principal
executive offices of the Issuer are located at 500 Dallas Street, Suite 1000,
Houston, Texas 77002. The Original 13D is hereby amended and supplemented by the
Reporting Persons as set forth in this Amendment. Capitalized terms used but not
defined in this Amendment shall have the meanings given in the Original 13D.
ITEM 2. IDENTITY AND BACKGROUND.
Item 2 of the Original 13D is hereby amended to include GS Global
Infrastructure Partners I, L.P. ("GS Infrastructure") and GS Infrastructure
Advisors 2006, L.L.C. ("GS Infrastructure Advisors") as "Reporting Persons."
In addition, Item 2 of the Original 13D is hereby amended by replacing
in its entirety the Schedules I, II-A, II-B, II-C, II-D, II-E and III
incorporated therein by reference with Schedules I, II-A, II-B, II-C, II-D,
II-E, II-F, II-G and III hereto, respectively, which Schedules I, II-A, II-B,
II-C, II-D, II-E, II-F, II-G and III are incorporated herein by reference.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Item 3 of the Original 13D is hereby amended by adding the following
paragraphs at the end of the discussion:
The aggregate value of the transactions (the "Transactions")
contemplated by the Agreement and Plan of Merger, dated as of August 28, 2006,
among Knight Holdco LLC, a Kansas limited liability company ("Parent"), Knight
Acquisition Co., a Kansas corporation ("Merger Sub"), and the Issuer (the
"Merger Agreement"), which are described in Item 4 below, including debt
--------------------
(3) Neither the present filing nor anything contained herein shall be construed
as an admission that any Reporting Person constitutes a "person" for any purpose
other than for compliance with Section 13(d) of the Securities Exchange Act of
1934, as amended (the "Exchange Act").
incurred or to remain outstanding in connection with the Transactions, is
approximately $22.4 billion.
In separate Equity Commitment Letters, dated August 28, 2006 (the
"Equity Commitment Letter"), GS Capital, GS Offshore, GS Germany, GS
Institutional, GS Infrastructure, GS Group, Carlyle Partners IV, L.P.,
Carlyle/Riverstone Global Energy and Power Fund III, L.P. and AIG Knight LLC
(collectively, the "Sponsors") agreed, subject to certain conditions, to
contribute an aggregate of approximately $5.5 billion in cash to Knight Holdco
LLC in exchange for Class A units of Knight Holdco LLC, solely for the purpose
of funding the merger consideration pursuant to the Merger Agreement and to pay
related expenses. The amounts under the Equity Commitment Letters may be reduced
in the event of receipt of additional equity rollover or cash contributions from
certain management or directors of the Issuer. This summary of the Sponsor
Equity Commitment Letters does not purport to be complete and is qualified in
its entirety by reference to the Sponsor Equity Commitment Letters, which are
referenced herein as Exhibits 7.01 through 7.09 and incorporated by reference in
their entirety into this Item 3.
In addition, Richard Kinder, the Chairman of the Board of Directors and
Chief Executive Officer of the Issuer, entered into a Rollover Equity Commitment
Letter, dated as of August 28, 2006 (the "Rollover Equity Commitment Letter"),
pursuant to which Mr. Kinder agreed, subject to certain conditions, to
contribute up to approximately 24 million shares of Common Stock to Parent
(together with any rollover shares committed after the date hereof by management
or directors of the Issuer, the "Rollover Shares") in exchange for Class A units
of Parent. This summary of the Rollover Equity Commitment Letter does not
purport to be complete and is qualified in its entirety by reference to the
Rollover Equity Commitment Letter, which is referenced herein as Exhibit 7.10
and incorporated by reference in its entirety into this Item 3. The total equity
to be contributed by the Sponsors, Mr. Kinder and the other members of
management or directors of the Issuer, either through cash or the contribution
of Rollover Shares, is approximately $7.9 billion.
In addition, Merger Sub received a Debt Commitment Letter from Goldman
Sachs Credit Partners, L.P., Citigroup Global Markets Inc., Deutsche Bank AG New
York Branch, Deutsche Bank Securities Inc., Wachovia Bank, National Association,
Wachovia Investment Holdings, LLC, Wachovia Capital Markets, LLC, Merrill Lynch
Capital Corporation, and Merrill Lynch, Pierce, Fenner & Smith Incorporated
(collectively, the "Lenders"), dated as of July 18, 2006 (the "Debt Commitment
Letter"), pursuant to which the Lenders committed to provide, subject to certain
conditions, up to $8.6 billion in debt financing, through a combination of term
loan facilities and a $1.0 billion senior secured credit facility (which will
replace the existing $800 million unsecured facility of the Issuer), which
financing will be used to fund the merger consideration under the Merger
Agreement, pay certain expenses, refinance maturing debt, and for general
corporate purposes for the operation of the Issuer following the closing of the
Transactions. This summary of the Debt Commitment Letter does not purport to be
complete and is qualified in its entirety by reference to the Debt Commitment
Letter, which is referenced herein as Exhibit 7.11 and incorporated by reference
in its entirety into this Item 3. Total funded indebtedness of the Issuer
following the consummation of the Transactions is expected to be approximately
$14.5 billion. The existing senior indebtedness of the Issuer and Kinder Morgan
Finance Company, ULC is expected to be equally and ratably secured with the new
debt financing described above.
Finally, in separate Guarantees, each dated as of August 28, 2006 (the
"Guarantee Agreements"), each of GS Capital, GS Infrastructure, Carlyle Partners
IV, L.P., Carlyle/Riverstone Global Energy and Power Fund III, L.P. and AIG
Financial Products Corp. unconditionally and irrevocably guaranteed to the
Issuer, subject to certain conditions, a portion of Parent and Merger Sub's
payment obligations under the Merger Agreement, subject to certain caps. This
summary of the Guarantee Agreements does not purport to be complete and is
qualified in its entirety by reference to the Guarantee Agreements, which are
referenced herein as Exhibits 7.12 through 7.16 and incorporated by reference in
their entirety into this Item 3.
ITEM 4. PURPOSE OF TRANSACTIONS.
Item 4 of the Original 13D is hereby amended by adding the following
paragraphs at the end of the discussion:
On August 28, 2006, the Issuer announced in a Press Release (the "Press
Release") that it had entered into the Merger Agreement, pursuant to which all
of the outstanding shares of Common Stock (other than any Rollover Shares) would
be converted into the right to receive $107.50 per share in cash. The foregoing
summary of the Press Release and the Merger Agreement does not purport to be
complete and is qualified in its entirety by reference to the Press Release and
the Merger Agreement, each of which are referenced herein as Exhibit 7.17 and
Exhibit 7.18, respectively, and incorporated by reference in their entirety into
this Item 4.
In connection with the Transactions, Mr. Kinder entered into a Voting
Agreement with Parent and Merger Sub, dated as of August 28, 2006 (the "Voting
Agreement"), pursuant to which Mr. Kinder agreed, subject to certain conditions,
to vote his Common Stock in favor of the adoption of the Merger Agreement and
against any competing takeover proposal that may be submitted by the Issuer for
a vote of its stockholders. This summary of the Voting Agreement does not
purport to be complete and is qualified in its entirety by reference to the
Voting Agreement, which is referenced herein as Exhibit 7.19 and incorporated by
reference in its entirety into this Item 4.
The Sponsors and Mr. Kinder entered into a Limited Liability Company
Agreement of Parent, dated as of August 28, 2006 (the "Interim LLC Agreement"),
which will govern their conduct in respect of the Transactions between the time
of the signing of the Merger Agreement and the effective time of the merger
contemplated thereby or the termination of the Merger Agreement, whichever is
earlier, including matters such as determining whether any closing condition
contained in the Merger Agreement has been satisfied or shall be waived by
Parent or Merger Sub. This summary of the Interim LLC Agreement does not purport
to be complete and is qualified in its entirety by reference to the Interim LLC
Agreement, which is referenced herein as Exhibit 7.20 and incorporated by
reference in its entirety into this Item 4.
The purpose of the Transactions is to acquire all of the outstanding
Common Stock (other than Rollover Shares). If the Transactions are consummated,
the Common Stock will be delisted from the New York Stock Exchange and will
cease to be registered under the Securities Exchange Act of 1934, as amended
(the "Exchange Act"), and the Issuer will be privately held by the Sponsors, Mr.
Kinder, and certain members of the Issuer's management who elect to participate
in the Transactions.
The Reporting Persons may at any time, or from time to time, acquire
additional shares of Common Stock or dispose of their shares of Common Stock.
The Merger Agreement and the transactions contemplated thereby could result in
one or more of the actions specified in clauses (a)-(j) of Item 4 of Schedule
13D, including the acquisition or disposition of additional securities of the
Issuer, a merger or other extraordinary transaction involving the Issuer, a
change to the present board of directors of the Issuer, a change to the present
capitalization or dividend policy of the Issuer, the delisting of the Issuer's
securities from the New York Stock Exchange, and the causing of a class of
equity securities of the Issuer to become eligible for termination of
registration pursuant to Section 12(g)(4) of the Exchange Act. One or more of
the Reporting Persons are expected to take actions in furtherance of the Merger
Agreement (including any amendment thereof) and the transactions contemplated
thereby.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) As of the date hereof, both GS Group and Goldman Sachs, or another
wholly-owned broker or dealer subsidiary of GS Group, may be deemed to
beneficially own 78,982 shares of Common Stock, which were acquired in
ordinary-course trading activities. In addition, both GS Group and Goldman
Sachs, or another wholly-owned subsidiary of GS Group, may be deemed to
beneficially own 144,742 shares of Common Stock that are held in managed
accounts on behalf of clients, for which both GS Group and Goldman Sachs, or
such other subsidiary, or their respective employees, have investment
discretion. Accordingly, as of the date hereof, both GS Group and Goldman Sachs
may each be deemed to beneficially own an aggregate of 223,724 shares of Common
Stock, over all of which shares they share dispositive power and over 78,982 of
such shares they share voting power. Such 223,724 shares of Common Stock
constitute [ ] of the outstanding shares of Common Stock, based on the Reported
Shares Outstanding. GS Group and Goldman Sachs disclaim beneficial ownership of
shares of Common Stock held in managed accounts.
As a result of the matters described in Item 4 above, the Reporting
Persons may be deemed to constitute a "group," within the meaning of Section
13(d)(3) of the Exchange Act, with, among others, Mr. Kinder. The Reporting
Persons do not have affirmative information about any shares that may be
beneficially owned by such other persons, other than the 23,994,827 shares of
Common Stock reported as beneficially owned by Mr. Kinder in his Schedule 13D,
filed with the SEC on May 30, 2006. Each Reporting Person hereby disclaims
membership in any "group" with any person other than the Reporting Persons, and
disclaims beneficial ownership of any shares of Common Stock that may be or are
beneficially owned by, among others, Mr. Kinder.
In accordance with Securities and Exchange Commission Release No.
34-395538 (January 12, 1998) (the "Release"), this filing reflects the
securities beneficially owned by certain operating units (collectively, the
"Goldman Sachs Reporting Units") of GS Group and its subsidiaries and affiliates
(collectively, "GSG"). This filing does not reflect securities, if any,
beneficially owned by any operating units of GSG whose ownership of securities
is disaggregated from that of the Goldman Sachs Reporting Units in accordance
with the Release. The Goldman Sachs Reporting Units disclaim beneficial
ownership of the securities beneficially owned by (i) any client accounts with
respect to which the Goldman Sachs Reporting Units or their employees have
voting or investment discretion, or both, and (ii) certain investment entities
of which the Goldman Sachs Reporting Units act as the general partner, managing
general partner or other manager, to the extent interests in such entities are
held by persons other than the Goldman Sachs Reporting Units.
(b) The information set forth in Item 5(a) above is incorporated by
reference in its entirety into this Item 5(b).
(c) Item 5(c) of the Original 13D is hereby amended by replacing in its
entirety the Schedule IV with Schedule IV hereto.
(d) Except for clients of Goldman Sachs, or another wholly-owned
subsidiary of GS Group, who may have the right to receive or the power to direct
the receipt of dividends from, or the proceeds from the sale of, any shares of
Common Stock held in managed accounts, no other person is known by any Reporting
Person to have the right to receive or the power to direct the receipt of
dividends from, or the proceeds from the sale of, any shares of Common Stock.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER
The information set forth in Items 3, 4 and 5 above is incorporated by
reference in its entirety into this Item 6.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
The disclosure in Item 7 is hereby amended by adding the following in
appropriate numerical order at the end of that section:
EXHIBIT DESCRIPTION
7.01. GS Capital Partners V Fund, L.P. Equity Commitment Letter,
dated August 28, 2006 (incorporated by reference to Exhibit
7.01 of Amendment No. 2 to Schedule 13D filed by Mr. Kinder
with the SEC on August 30, 2006).
7.02. GS Capital Partners V Offshore Fund, L.P. Equity Commitment
Letter, dated August 28, 2006 (incorporated by reference to
Exhibit 7.02 of Amendment No. 2 to Schedule 13D filed by Mr.
Kinder with the SEC on August 30, 2006).
7.03. GS Capital Partners V GmbH & CO. KG Equity Commitment Letter,
dated August 28, 2006 (incorporated by reference to Exhibit
7.03 of Amendment No. 2 to Schedule 13D filed by Mr. Kinder
with the SEC on August 30, 2006).
7.04. GS Capital Partners V Institutional, L.P. Equity Commitment
Letter, dated August 28, 2006 (incorporated by reference to
Exhibit 7.04 of Amendment No. 2 to Schedule 13D filed by Mr.
Kinder with the SEC on August 30, 2006).
7.05. GS Global Infrastructure Partners I, L.P. Equity Commitment
Letter, dated August 28, 2006 (incorporated by reference to
Exhibit 7.05 of Amendment No. 2 to Schedule 13D filed by Mr.
Kinder with the SEC on August 30, 2006).
7.06. The Goldman Sachs Group, Inc. Equity Commitment Letter, dated
August 28, 2006 (incorporated by reference to Exhibit 7.06 of
Amendment No. 2 to Schedule 13D filed by Mr. Kinder with the
SEC on August 30, 2006).
7.07 Carlyle Partners IV, L.P. Equity Commitment Letter, dated
August 28, 2006 (incorporated by reference to Exhibit 7.07 of
Amendment No. 2 to Schedule 13D filed by Mr. Kinder with the
SEC on August 30, 2006).
7.08. Carlyle/Riverstone Global Energy and Power Fund III, L.P.
Equity Commitment Letter, dated August 28, 2006 (incorporated
by reference to Exhibit 7.08 of Amendment No. 2 to Schedule
13D filed by Mr. Kinder with the SEC on August 30, 2006).
7.09. AIG Knight LLC Equity Commitment Letter, dated August 28, 2006
(incorporated by reference to Exhibit 7.09 of Amendment No. 2
to Schedule 13D filed by Mr. Kinder with the SEC on August 30,
2006).
7.10. Rollover Equity Commitment Letter, dated August 28, 2006
(incorporated by reference to Exhibit 7.10 of Amendment No. 2
to Schedule 13D filed by Mr. Kinder with the SEC on August 30,
2006).
7.11. Debt Commitment Letter, dated July 18, 2006 (incorporated by
reference to Exhibit 7.11 of Amendment No. 2 to Schedule 13D
filed by Mr. Kinder with the SEC on August 30, 2006).
7.12. GS Capital Partners V Fund, L.P. Guarantee Letter, dated
August 28, 2006 (incorporated by reference to Exhibit 7.12 of
Amendment No. 2 to Schedule 13D filed by Mr. Kinder with the
SEC on August 30, 2006).
7.13. GS Global Infrastructure Partners I, L.P. Guarantee Letter,
dated August 28, 2006 (incorporated by reference to Exhibit
7.13 of Amendment No. 2 to Schedule 13D filed by Mr. Kinder
with the SEC on August 30, 2006).
7.14. Carlyle Partners IV, L.P. Guarantee Letter, dated August 28,
2006 (incorporated by reference to Exhibit 7.14 of Amendment
No. 2 to Schedule 13D filed by Mr. Kinder with the SEC on
August 30, 2006).
7.15. Carlyle/Riverstone Global Energy and Power Fund III, L.P.
Guarantee Letter, dated August 28, 2006 (incorporated by
reference to Exhibit 7.15 of Amendment No. 2 to Schedule 13D
filed by Mr. Kinder with the SEC on August 30, 2006).
7.16. AIG Financial Products Corp. Guarantee Letter, dated August
28, 2006 (incorporated by reference to Exhibit 7.16 of
Amendment No. 2 to Schedule 13D filed by Mr. Kinder with the
SEC on August 30, 2006).
7.17 Press Release, dated August 28, 2006 (incorporated by
reference to Exhibit 7.17 of Amendment No. 2 to Schedule 13D
filed by Mr. Kinder with the SEC on August 30, 2006).
7.18 Agreement and Plan of Merger, dated as of August 28, 2006, by
and among Knight Holdco LLC, Knight Acquisition Co., and
Kinder Morgan, Inc. (incorporated by reference to Exhibit 2.1
of the Current Report on Form 8-K filed by Mr. Kinder with the
SEC on August 28, 2006).
7.19 Voting Agreement, dated as of August 28, 2006, by and between
Knight Holdco LLC, Knight Acquisition Co., and Richard Kinder
(incorporated by reference to Exhibit 7.19 of Amendment No. 2
to Schedule 13D filed by Mr. Kinder with the SEC on August 30,
2006).
7.20 Limited Liability Agreement of Knight Holdco LLC, dated as of
August 28, 2006, by and among GS Capital Partners V Fund,
L.P., GS Capital Partners V Offshore Fund, L.P., GS Capital
Partners V GmbH & CO. KG, GS Capital Partners V Institutional,
L.P., GS Global Infrastructure Partners I, L.P., The Goldman
Sachs Group, Inc., Carlyle Partners IV, L.P.,
Carlyle/Riverstone Global Energy and Power Fund III, L.P., AIG
Knight LLC and Richard Kinder (incorporated by reference to
Exhibit 7.20 of Amendment No. 2 to Schedule 13D filed by Mr.
Kinder with the SEC on August 30, 2006).
7.21 Power of Attorney, dated May 23, 2006, relating to Goldman,
Sachs & Co.
7.22 Power of Attorney, dated May 23, 2006, relating to The Goldman
Sachs Group, Inc.
7.23 Power of Attorney, dated August 30, 2006, relating to GS
Global Infrastructure Partners I, L.P.
7.24 Power of Attorney, dated August 30, 2006, relating to GS
Infrastructure Advisors 2006, L.L.C.
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: August 30, 2006
THE GOLDMAN SACHS GROUP, INC.
By: /s/ John M. O'Rourke
-----------------------------------------------
Name: John M. O'Rourke
Title: Attorney-in-fact
GOLDMAN, SACHS & CO.
By: /s/ John M. O'Rourke
-----------------------------------------------
Name: John M. O'Rourke
Title: Attorney-in-fact
GSCP V ADVISORS, L.L.C.
By: /s/ John M. O'Rourke
-----------------------------------------------
Name: John M. O'Rourke
Title: Attorney-in-fact
GSCP V OFFSHORE ADVISORS, L.L.C.
By: /s/ John M. O'Rourke
-----------------------------------------------
Name: John M. O'Rourke
Title: Attorney-in-fact
GS ADVISORS V, L.L.C.
By: /s/ John M. O'Rourke
-----------------------------------------------
Name: John M. O'Rourke
Title: Attorney-in-fact
GOLDMAN, SACHS MANAGEMENT
GP GMBH
By: /s/ John M. O'Rourke
-----------------------------------------------
Name: John M. O'Rourke
Title: Attorney-in-fact
GS CAPITAL PARTNERS V FUND, L.P.
By: /s/ John M. O'Rourke
-----------------------------------------------
Name: John M. O'Rourke
Title: Attorney-in-fact
GS CAPITAL PARTNERS V
OFFSHORE FUND, L.P.
By: /s/ John M. O'Rourke
-----------------------------------------------
Name: John M. O'Rourke
Title: Attorney-in-fact
GS CAPITAL PARTNERS V GMBH &
CO. KG
By: /s/ John M. O'Rourke
-----------------------------------------------
Name: John M. O'Rourke
Title: Attorney-in-fact
GS CAPITAL PARTNERS V
INSTITUTIONAL, L.P.
By: /s/ John M. O'Rourke
-----------------------------------------------
Name: John M. O'Rourke
Title: Attorney-in-fact
GS GLOBAL INFRASTRUCTURE PARTNERS I FUND, L.P.
By: /s/ John M. O'Rourke
-----------------------------------------------
Name: John M. O'Rourke
Title: Attorney-in-fact
GS INFRASTRUCTURE ADVISORS 2006, L.L.C.
By: /s/ John M. O'Rourke
-----------------------------------------------
Name: John M. O'Rourke
Title: Attorney-in-fact
SCHEDULE I
The name of each director of The Goldman Sachs Group, Inc. is set forth
below.
The business address of each person listed below is c/o Goldman, Sachs
& Co., 85 Broad Street, New York, NY 10004.
Each person is a citizen of the United States of America except for
Lord Browne of Madingley, who is a citizen of the United Kingdom and Claes
Dahlback,who is a citizen of Sweden. The present principal occupation or
employment of each of the listed persons is set forth below.
NAME PRESENT PRINCIPAL OCCUPATION
Lloyd C. Blankfein Chairman of the Board and Chief Executive Officer of The Goldman Sachs Group, Inc.
Gary D. Cohn President and Co-Chief Operating Officer of The Goldman Sachs Group, Inc.
Jon Winkelried President and Co-Chief Operating Officer of The Goldman Sachs Group, Inc.
Lord Browne of Madingley Group Chief Executive of BP p.l.c.
John H. Bryan Retired Chairman and Chief Executive Officer of Sara Lee Corporation
Claes Dahlback Senior Advisor to Investor AB and Executive Vice Chairman of W Capital Management
Stephen Friedman Senior Advisor to Stone Point Capita
l
William W. George Professor of Management Practice at the Harvard Business School, Retired
Chairman and Chief Executive Officer of Medtronic, Inc.
James A. Johnson Vice Chairman of Perseus, L.L.C.
Lois D. Juliber Retired Vice Chairman of Colgate-Palmolive Company
Edward M. Liddy Chairman of the Board and Chief Executive Officer of The Allstate Corporation
Ruth J. Simmons President of Brown University
SCHEDULE II-A
The name, position and present principal occupation of each executive
officer of GSCP V Advisors, L.L.C., the sole general partner of GS Capital
Partners V Fund, L.P., are set forth below.
The business address for all the executive officers listed below is c/o
Goldman, Sachs & Co., 85 Broad Street, New York, New York 10004, except as
follows: The business address of Richard S. Sharp, Hughes B. Lepic, Robert R.
Gheewalla, Sanjay H. Patel, Steffen J. Kastner, Bjorn P. Killmer, Ulrika
Werdelin, and Martin Hintze is Peterborough Court, 133 Fleet Street, London EC4A
2BB, England. The business address of Hsueh J. Sung, Sang Gyun Ahn and Andrew
Wolff is Cheung Kong Center, 68th Floor, 2 Queens Road, Central, Hong Kong. The
business address of Joseph P. DiSabato is 555 California Street, San Francisco,
CA 94104. The business address of Muneer A. Satter is 71 South Wacker Drive,
Chicago, IL 60606. The business address of Ankur A. Sahu is Roppongi Hills, Mori
Tower, Level 43-48, 10-1, Roppongi 6-chome, Minato-ku, Tokyo, 106-6147, Japan.
All executive officers listed below are United States citizens, except
as follows: Richard S. Sharp is a citizen of the United Kingdom; Hughes B. Lepic
is a citizen of France; Adrian M. Jones is a citizen of Ireland; Bjorn P.
Killmer, Steffen J. Kastner and Martin Hintze are citizens of Germany; Hsueh
Sung is a citizen of Taiwan, Ankur A. Sahu is a citizen of India, Sang Gyun Ahn
is a citizen of South Korea and Ulrika Werdelin is a citizen of Sweden.
NAME POSITION PRESENT PRINCIPAL OCCUPATION
Richard A. Friedman President Managing Director of Goldman, Sachs & Co.
Ben I. Adler Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Sang Gyun Ahn Managing Director and Vice President Managing Director of Goldman Sachs (Asia) L.L.C.
John E. Bowman Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Gerald J. Cardinale Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Henry Cornell Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Joseph P. DiSabato Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Katherine B. Enquist Managing Director, Vice President and Managing Director of Goldman, Sachs & Co.
Secretary
Robert R. Gheewalla Managing Director and Vice President Managing Director of Goldman Sachs International
Joseph H. Gleberman Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Melina E. Higgins Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Martin Hintze Managing Director and Vice President Managing Director of Goldman Sachs International
Adrian M. Jones Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Steffen J. Kastner Managing Director and Vice President Managing Director of Goldman Sachs International
Bjorn P. Killmer Managing Director and Vice President Managing Director of Goldman Sachs International
Michael E. Koester Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Hughes B. Lepic Managing Director and Vice President Managing Director of Goldman Sachs International
Sanjeev K. Mehra Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Sanjay H. Patel Managing Director and Vice President Managing Director of Goldman Sachs International
Kenneth A. Pontarelli Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Ankur A. Sahu Managing Director and Vice President Managing Director of Goldman Sachs (Asia) L.L.C.
Muneer A. Satter Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Richard S. Sharp Managing Director and Vice President Managing Director of Goldman Sachs International
Hsueh J. Sung Managing Director and Vice President Managing Director of Goldman Sachs (Asia) L.L.C.
Stephen S. Trevor Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Ulrika Werdelin Managing Director and Vice President Managing Director of Goldman Sachs International
Andrew E. Wolff Managing Director and Vice President Managing Director of Goldman Sachs (Asia) L.L.C.
Elizabeth C. Fascitelli Treasurer Managing Director of Goldman, Sachs & Co.
SCHEDULE II-B
The name, position and present principal occupation of each executive
officer of GSCP V Offshore Advisors, L.L.C., the sole general partner of GS
Capital Partners V Offshore Fund, L.P., are set forth below.
The business address for all the executive officers listed below is c/o
Goldman, Sachs & Co., 85 Broad Street, New York, New York 10004, except as
follows: The business address of Richard S. Sharp, Hughes B. Lepic, Robert R.
Gheewalla, Sanjay H. Patel, Steffen J. Kastner, Bjorn P. Killmer, Ulrika
Werdelin, and Martin Hintze is Peterborough Court, 133 Fleet Street, London EC4A
2BB, England. The business address of Hsueh J. Sung, Sang Gyun Ahn and Andrew
Wolff is Cheung Kong Center, 68th Floor, 2 Queens Road, Central, Hong Kong. The
business address of Joseph P. DiSabato is 555 California Street, San Francisco,
CA 94104. The business address of Muneer A. Satter is 71 South Wacker Drive,
Chicago, IL 60606. The business address of Ankur A. Sahu is Roppongi Hills, Mori
Tower, Level 43-48, 10-1, Roppongi 6-chome, Minato-ku, Tokyo, 106-6147, Japan.
All executive officers listed below are United States citizens, except
as follows: Richard S. Sharp is a citizen of the United Kingdom; Hughes B. Lepic
is a citizen of France; Adrian M. Jones is a citizen of Ireland; Bjorn P.
Killmer, Steffen J. Kastner and Martin Hintze are citizens of Germany; Hsueh
Sung is a citizen of Taiwan, Ankur A. Sahu is a citizen of India, Sang Gyun Ahn
is a citizen of South Korea and Ulrika Werdelin is a citizen of Sweden.
NAME POSITION PRESENT PRINCIPAL OCCUPATION
Richard A. Friedman President Managing Director of Goldman, Sachs & Co.
Ben I. Adler Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Sang Gyun Ahn Managing Director and Vice President Managing Director of Goldman Sachs (Asia) L.L.C.
John E. Bowman Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Gerald J. Cardinale Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Henry Cornell Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Joseph P. DiSabato Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Katherine B. Enquist Managing Director, Vice President and Managing Director of Goldman, Sachs & Co.
Secretary
Robert R. Gheewalla Managing Director and Vice President Managing Director of Goldman Sachs International
Joseph H. Gleberman Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Melina E. Higgins Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Martin Hintze Managing Director and Vice President Managing Director of Goldman Sachs International
Adrian M. Jones Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Steffen J. Kastner Managing Director and Vice President Managing Director of Goldman Sachs International
Bjorn P. Killmer Managing Director and Vice President Managing Director of Goldman Sachs International
Michael E. Koester Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Hughes B. Lepic Managing Director and Vice President Managing Director of Goldman Sachs International
Sanjeev K. Mehra Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Sanjay H. Patel Managing Director and Vice President Managing Director of Goldman Sachs International
Kenneth A. Pontarelli Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Ankur A. Sahu Managing Director and Vice President Managing Director of Goldman Sachs (Asia) L.L.C.
Muneer A. Satter Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Richard S. Sharp Managing Director and Vice President Managing Director of Goldman Sachs International
Hsueh J. Sung Managing Director and Vice President Managing Director of Goldman Sachs (Asia) L.L.C.
Stephen S. Trevor Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Ulrika Werdelin Managing Director and Vice President Managing Director of Goldman Sachs International
Andrew E. Wolff Managing Director and Vice President Managing Director of Goldman Sachs International
Elizabeth C. Fascitelli Treasurer Managing Director of Goldman, Sachs & Co.
SCHEDULE II-C
The name, position and present principal occupation of each executive
officer of GS Advisors V, L.L.C., the sole managing limited partner of GS
Capital Partners V GmbH & CO. KG and the sole general partner of GS Capital
Partners V Institutional, L.P., are set forth below.
The business address for all the executive officers listed below is c/o
Goldman, Sachs & Co., 85 Broad Street, New York, New York 10004, except as
follows: The business address of Richard S. Sharp, Hughes B. Lepic, Robert R.
Gheewalla, Sanjay H. Patel, Steffen J. Kastner, Bjorn P. Killmer, Ulrika
Werdelin, and Martin Hintze is Peterborough Court, 133 Fleet Street, London EC4A
2BB, England. The business address of Hsueh J. Sung, Sang Gyun Ahn and Andrew
Wolff is Cheung Kong Center, 68th Floor, 2 Queens Road, Central, Hong Kong. The
business address of Joseph P. DiSabato is 555 California Street, San Francisco,
CA 94104. The business address of Muneer A. Satter is 71 South Wacker Drive,
Chicago, IL 60606. The business address of Ankur A. Sahu is Roppongi Hills, Mori
Tower, Level 43-48, 10-1, Roppongi 6-chome, Minato-ku, Tokyo, 106-6147, Japan.
All executive officers listed below are United States citizens, except
as follows: Richard S. Sharp is a citizen of the United Kingdom; Hughes B. Lepic
is a citizen of France; Adrian M. Jones is a citizen of Ireland; Bjorn P.
Killmer, Steffen J. Kastner and Martin Hintze are citizens of Germany; Hsueh
Sung is a citizen of Taiwan, Ankur A. Sahu is a citizen of India, Sang Gyun Ahn
is a citizen of South Korea and Ulrika Werdelin is a citizen of Sweden.
NAME POSITION PRESENT PRINCIPAL OCCUPATION
Richard A. Friedman President Managing Director of Goldman, Sachs & Co.
Ben I. Adler Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Sang Gyun Ahn Managing Director and Vice President Managing Director of Goldman Sachs (Asia) L.L.C.
John E. Bowman Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Gerald J. Cardinale Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Henry Cornell Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Joseph P. DiSabato Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Katherine B. Enquist Managing Director, Vice President and Managing Director of Goldman, Sachs & Co.
Secretary
Robert R. Gheewalla Managing Director and Vice President Managing Director of Goldman Sachs International
Joseph H. Gleberman Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Melina E. Higgins Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Martin Hintze Managing Director and Vice President Managing Director of Goldman Sachs International
Adrian M. Jones Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Steffen J. Kastner Managing Director and Vice President Managing Director of Goldman Sachs International
Bjorn P. Killmer Managing Director and Vice President Managing Director of Goldman Sachs International
Michael E. Koester Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Hughes B. Lepic Managing Director and Vice President Managing Director of Goldman Sachs International
Sanjeev K. Mehra Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Sanjay H. Patel Managing Director and Vice President Managing Director of Goldman Sachs International
Kenneth A. Pontarelli Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Ankur A. Sahu Managing Director and Vice President Managing Director of Goldman Sachs (Asia) L.L.C.
Muneer A. Satter Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Richard S. Sharp Managing Director and Vice President Managing Director of Goldman Sachs International
Hsueh J. Sung Managing Director and Vice President Managing Director of Goldman Sachs (Asia) L.L.C.
Stephen S. Trevor Managing Director and Vice President Managing Director of Goldman, Sachs & Co.
Ulrika Werdelin Managing Director and Vice President Managing Director of Goldman Sachs International
Andrew E. Wolff Managing Director and Vice President Managing Director of Goldman Sachs International
Elizabeth C. Fascitelli Treasurer Managing Director of Goldman, Sachs & Co.
SCHEDULE II-D
The name, position and present principal occupation of each executive
officer of Goldman, Sachs Management GP GmbH, the general partner of GS Capital
Partners V GmbH & CO. KG., are set forth below.
The business address for all the executive officers listed below is c/o
Goldman, Sachs & Co., 85 Broad Street, New York, New York 10004, except as
follows: The business address of Richard S. Sharp, David Greenwald and Simon
Cresswell is Peterborough Court, 133 Fleet Street, London EC4A 2BB, England.
All executive officers listed below are United States citizens, except
as follows: Richard S. Sharp is a citizen of the United Kingdom and Simon
Cresswell is a citizen of Australia.
NAME POSITION PRESENT PRINCIPAL OCCUPATION
Richard A. Friedman Managing Director Managing Director of Goldman, Sachs & Co.
Joseph H. Gleberman Managing Director Managing Director of Goldman, Sachs & Co.
Henry Cornell Managing Director Managing Director of Goldman, Sachs & Co.
Richard S. Sharp Managing Director Managing Director of Goldman Sachs International
Elizabeth C. Fascitelli Managing Director Managing Director of Goldman, Sachs & Co.
Ben I. Adler Managing Director Managing Director of Goldman, Sachs & Co.
John E. Bowman Managing Director Managing Director of Goldman, Sachs & Co.
Katherine B. Enquist Managing Director Managing Director of Goldman, Sachs & Co.
David Greenwald Managing Director Managing Director of Goldman Sachs International
Simon Cresswell Managing Director Managing Director of Goldman Sachs International
SCHEDULE II-E
The name and principal occupation of each member of the Principal
Investment Area Investment Committee of Goldman, Sachs & Co., which exercises
the authority of Goldman, Sachs & Co. in managing GSCP V Advisors, L.L.C., GSCP
V Offshore Advisors, L.L.C., GS Advisors V, L.L.C., GS Capital Partners V Fund,
L.P., GS Capital Partners V Offshore Fund, L.P., GS Capital Partners V GmbH &
CO. KG, and GS Capital Partners V Institutional, L.P., are set forth below.
The business address for each member listed below is c/o Goldman, Sachs
& Co., 85 Broad Street, New York, New York 10004, except as follows: The
business address of Richard S. Sharp, Robert R. Gheewalla, Hughes B. Lepic and
Sanjay H. Patel is Peterborough Court, 133 Fleet Street, London EC4A 2BB,
England. The business address of Muneer A. Satter is 71 South Wacker Drive,
Chicago, IL 60606. The business address of Hsueh J. Sung is 68/F Cheung Kong
Centre, Hong Kong.
All members listed below are United States citizens, except as follows:
Richard S. Sharp and Sarah E. Smith are citizens of the United Kingdom; Hughes
B. Lepic is a citizen of France; Adrian M. Jones is a citizen of Ireland and
Hsueh Sung is a citizen of Taiwan.
NAME PRESENT PRINCIPAL OCCUPATION
Richard A. Friedman Managing Director of Goldman, Sachs & Co.
Joseph H. Gleberman Managing Director of Goldman, Sachs & Co.
Henry Cornell Managing Director of Goldman, Sachs & Co.
Richard S. Sharp Managing Director of Goldman Sachs International
Sanjeev K. Mehra Managing Director of Goldman, Sachs & Co.
Muneer A. Satter Managing Director of Goldman, Sachs & Co.
Joe DiSabato Managing Director of Goldman, Sachs & Co.
Adrian M. Jones Managing Director of Goldman, Sachs & Co.
Scott Kapnick Managing Director of Goldman, Sachs & Co.
Melina E. Higgins Managing Director of Goldman, Sachs & Co.
Hsueh J. Sung Managing Director of Goldman Sachs (Asia) L.L.C.
Ben I. Adler Managing Director of Goldman, Sachs & Co.
Elizabeth C. Fascitelli Managing Director of Goldman, Sachs & Co.
Sarah E. Smith Managing Director of Goldman, Sachs & Co.
Stephen S. Trevor Managing Director of Goldman, Sachs & Co.
Robert R. Gheewalla Managing Director of Goldman, Sachs International
Hughes B. Lepic Managing Director of Goldman, Sachs International
Gerald J. Cardinale Managing Director of Goldman, Sachs & Co.
Sanjay H. Patel Managing Director of Goldman, Sachs International
SCHEDULE II-F
The name, position and present principal occupation of each executive
officer of GS Infrastructure Advisors 2006, L.L.C., the sole general partner of
GS Global Infrastructure Partners I Fund, L.P., are set forth below.
The business address for all the executive officers listed below is c/o
Goldman, Sachs & Co., 85 Broad Street, New York, New York 10004, except as
follows: The business address of Julian C. Allen, Peter Lyneham, Sarah Mook and
Paul Obey is Peterborough Court, 133 Fleet Street, London EC4A 2BB, England.
All executive officers listed below are United States citizens, except
as follows: Julian E. Allen, Sarah Mook and Paul Obey are citizens of the United
Kingdom, Peter Lyneham is a citizen of Australia and Philippe L.H. Camu is a
citizen of Belgium.
NAME POSITION PRESENT PRINCIPAL OCCUPATION
Steven M. Feldman President and Chairman Managing Director of Goldman, Sachs & Co.
Julian C. Allen Vice President, Secretary and Vice President of Goldman Sachs International
Treasurer
Philippe L. Camu Vice President Managing Director of Goldman Sachs International
Ben I. Adler Vice President Managing Director of Goldman, Sachs & Co.
Renee Beaumont Vice President Vice President of Goldman, Sachs & Co.
Benjamin Hellweg Vice President Vice President of Goldman, Sachs & Co.
Jonathan Hunt Vice President Vice President of Goldman, Sachs & Co.
Peter Lyneham Vice President Vice President of Goldman Sachs International
Sarah Mook Vice President Managing Director of Goldman Sachs International
Josephine Mortelliti Vice President Managing Director of Goldman, Sachs & Co.
Paul Obey Vice President Vice President of Goldman Sachs International
William J. Young Vice President Managing Director of Goldman, Sachs & Co.
SCHEDULE II-G
The name and principal occupation of each member of the IIG Investment
Committee of Goldman, Sachs & Co., which exercises the authority of Goldman,
Sachs & Co. in managing GS Infrastructure Advisors 2006, L.L.C. are set forth
below.
The business address for all the executive officers listed below is c/o
Goldman, Sachs & Co., 85 Broad Street, New York, New York 10004, except as
follows: The business address of Jamal Dhanani, David Grounsell and Richard
Powers is Peterborough Court, 133 Fleet Street, London EC4A 2BB, England.
All executive officers listed below are United States citizens, except
as follows: Jamal Dhanai is a citizen of the United Kingdom. Philippe L.H. Camu
is a citizen of Belgium.
NAME PRESENT PRINCIPAL OCCUPATION
Steven M. Feldman Managing Director of Goldman, Sachs & Co.
Philippe L. Camu Managing Director of Goldman Sachs International
Ben I. Adler Managing Director of Goldman, Sachs & Co.
Jamal Dhanani Managing Director of Goldman Sachs International
Susanne Donohoe Managing Director of Goldman, Sachs & Co.
Mark Florian Managing Director of Goldman, Sachs & Co.
David Grounsell Managing Director of Goldman Sachs International
Richard Powers Managing Director of Goldman Sachs International
Stuart Rothenberg Managing Director of Goldman, Sachs & Co.
Jonathan Sobel Managing Director of Goldman, Sachs & Co.
Tracy Wolstencroft Managing Director of Goldman, Sachs & Co.
William Young Managing Director of Goldman, Sachs & Co.
SCHEDULE III
In November 2002, the Securities and Exchange Commission ("SEC"), the
National Association of Securities Dealers ("NASD") and the New York Stock
Exchange, Inc. ("NYSE") alleged that five broker dealers, including Goldman
Sachs, violated Section 17(a) of the Securities Exchange Act of 1934, as amended
(the "Exchange Act"), and Rule 17a-4 thereunder, NYSE Rules 440 and 342 and NASD
Rules 3010 and 3110 by allegedly failing to preserve electronic mail
communications for three years and/or to preserve electronic mail communications
for the first two years in an accessible place, and by allegedly having
inadequate supervisory systems and procedures in relation to the retention of
electronic mail communications. Without admitting or denying the allegations,
the five broker dealers, including Goldman, Sachs & Co. ("Goldman Sachs"),
consented to censure by the SEC, NASD and NYSE and to the imposition of a
cease-and-desist order by the SEC and Goldman Sachs paid a total fine of
$1,650,000 ($550,000 each to the SEC, NASD and NYSE). Goldman Sachs also
undertook to review its procedures regarding the preservation of electronic mail
communications for compliance with the federal securities laws and regulations
and the rules of the NASD and NYSE, and to confirm within a specified period of
time that it has established systems and procedures reasonably designed to
achieve compliance with those laws, regulations and rules.
On April 28, 2003, without admitting or denying liability, ten
investment banking firms including Goldman Sachs, entered into global
settlements with the SEC, the NYSE, the NASD and certain states to resolve the
investigations relating to equity research analyst conflicts of interest.
Goldman Sachs was charged with violating NYSE Rules 342, 401, 472 and 475, and
NASD Conduct Rules 2110, 2210 and 3010. Goldman Sachs also agreed to a censure
by the NYSE and the NASD and to pay a total of $110,000,000 and to adopt a set
of industry-wide reforms of its research and investment banking businesses and
to adopt certain restrictions on the allocations of "hot" IPO shares. The terms
of the global settlement were entered in an order by a federal court in the
Southern District of New York on October 31, 2003 (Civil Action Number
03CV2944).
On September 4, 2003, Goldman Sachs and the SEC settled administrative
proceedings relating to certain trading in U.S. Treasury securities by Goldman
Sachs on the morning of October 31, 2001. The Staff of the SEC alleged that
Goldman Sachs violated (i) Section 15(c)(1) and Rule 15c1-2 of the Exchange Act
as a result of certain trading in U.S. Treasury bonds over an eight minute
period on October 31, 2001; and (ii) Section 15(f) of the Exchange Act by
failing to maintain policies and procedures specifically addressed to the
possible misuse of non-public information obtained from outside consultants.
Under the Offer of Settlement submitted by Goldman Sachs and accepted by the
SEC, without admitting or denying the SEC's allegations, Goldman Sachs consented
to the entry of an Order that, among other things, (i) censured Goldman Sachs;
(ii) directed Goldman Sachs to cease and desist from committing or causing any
violations of Section 15(c)(1)(A) & (C) and 15(f) and Rule 15c1-2 of the
Exchange Act; (iii) ordered Goldman Sachs to pay disgorgement and prejudgment
interest in the amount of $1,742,642, and a civil monetary penalty of $5
million; and (iv) directed Goldman Sachs to conduct a review its policies and
procedures and to adopt, implement and maintain policies and procedures
consistent with the Order and that review. Goldman Sachs also undertook to pay
$2,562,740 in disgorgement and interest relating to certain trading in U.S.
Treasury bond futures during the same eight minute period.
On July 1, 2004, Goldman Sachs and the SEC settled administrative
proceedings relating to communications from Goldman Sachs sales traders on its
Asian Shares Sales Desk to certain institutional customers and news media
concerning four international public securities offerings during the period
between October 1999 and March 2000. The SEC alleged (i) that certain of these
communications by Goldman Sachs employees were made after the registration
statements pertaining to those offerings were filed, but not yet declared
effective by the SEC, in violation of Section 5(b) of the Securities Act and
(ii) that certain comments to the news media by Goldman Sachs with respect to
one of the offerings constituted an offer to sell securities in violation of
Section 5(c) of the Securities Act. The SEC also alleged that Goldman Sachs
failed to adequately supervise the Asian Shares Sales Desk traders, as required
by Section 15(b)(4)(E) of the Exchange Act. Under the Offer of Settlement
submitted by Goldman Sachs and accepted by the SEC, without admitting or denying
the SEC's allegations, Goldman Sachs consented to the entry of an Order that,
among other things, directed Goldman Sachs to cease and desist from committing
or causing any violations of Sections 5(b) and 5(c) of the Securities Act., and
ordered Goldman Sachs to pay a civil monetary penalty of $2 million.
On January 24, 2005, the SEC filed an action in the U.S. District Court
for the Southern District of New York alleging that Goldman Sachs violated Rule
101 of Regulation M under the Exchange Act by attempting to induce, or inducing
certain investors to make, aftermarket purchases of certain initial public
offerings underwritten by Goldman Sachs during 2000. On February 4, 2005,
without admitting or denying the allegations of the complaint, a final judgment
was entered against Goldman Sachs, with the consent of Goldman Sachs, under
which Goldman Sachs was permanently restrained and enjoined from violating Rule
101 of Regulation M and required to pay a $40 million civil penalty, which was
paid on March 31, 2005.
In May 2006, the SEC alleged that fourteen investment banking firms,
including Goldman Sachs, violated Section 17(a)(2) of the Securities Act of
1933, by engaging in one or more practices relating to auctions of auction rate
securities during the period from January 1, 2003 through June 30, 2004 as
described in the cease-and-desist order entered by the SEC. Goldman Sachs has
agreed to provide certain disclosures about its material auction practices and
procedures to auction participants and to certify to the SEC that it has
implemented certain procedures relating to the auction process. As part of a
multi-firm settlement, Goldman Sachs submitted an Offer of Settlement which was
accepted by the SEC on May 31, 2006. Without admitting or denying the
allegations, Goldman Sachs consented to a censure and cease-and-desist order and
payment of $1,500,000 civil money penalty.
SCHEDULE IV
Purchase (P) / Sale (S) SHARES PRICE TRADE DATE SETTLEMENT DATE
S 140 $99.8900 6/30/2006 7/3/2006
S 76 $99.8900 6/30/2006 7/3/2006
S 38 $99.8900 6/30/2006 7/3/2006
S 19 $99.8900 6/30/2006 7/3/2006
S 1,176 $99.8900 6/30/2006 7/3/2006
S 28 $95.3225 6/30/2006 7/3/2006
P 794 $99.8900 7/3/2006 7/7/2006
S 84 $99.9900 7/3/2006 7/5/2006
S 238 $99.9900 7/3/2006 7/5/2006
P 308 $99.8900 7/3/2006 7/7/2006
S 308 $99.8900 7/3/2006 7/7/2006
S 794 $99.8900 7/3/2006 7/7/2006
P 133 $100.0400 7/5/2006 7/6/2006
S 56 $100.0400 7/5/2006 7/6/2006
P 38 $100.0400 7/5/2006 7/6/2006
S 98 $100.0400 7/5/2006 7/6/2006
S 295 $99.9500 7/5/2006 7/10/2006
S 295 $99.9500 7/5/2006 7/10/2006
P 56 $100.0000 7/6/2006 7/7/2006
S 182 $100.0000 7/6/2006 7/7/2006
P 84 $99.9000 7/7/2006 7/10/2006
P 462 $99.9000 7/7/2006 7/10/2006
P 28 $99.9900 7/10/2006 7/11/2006
S 224 $99.9900 7/10/2006 7/11/2006
S 336 $99.9800 7/11/2006 7/12/2006
S 171 $99.9800 7/11/2006 7/12/2006
S 209 $99.9800 7/11/2006 7/12/2006
S 154 $99.9800 7/11/2006 7/12/2006
P 5 $100.0200 7/11/2006 7/14/2006
S 2,603 $100.0000 7/12/2006 7/17/2006
P 2,603 $100.0000 7/12/2006 7/17/2006
S 308 $100.0000 7/12/2006 7/13/2006
P 152 $100.0000 7/12/2006 7/13/2006
P 209 $100.0000 7/12/2006 7/13/2006
S 182 $100.0000 7/12/2006 7/13/2006
P 392 $99.8800 7/13/2006 7/14/2006
P 224 $99.8800 7/13/2006 7/14/2006
P 20 $99.9300 7/14/2006 7/19/2006
P 28 $100.0000 7/18/2006 7/19/2006
P 252 $100.0000 7/18/2006 7/19/2006
P 56 $100.0000 7/19/2006 7/20/2006
S 392 $100.0000 7/19/2006 7/20/2006
S 84 $100.0000 7/20/2006 7/21/2006
P 826 $100.0000 7/20/2006 7/21/2006
P 112 $99.9900 7/21/2006 7/24/2006
P 294 $99.9900 7/21/2006 7/24/2006
S 56 $100.6500 7/24/2006 7/25/2006
S 209 $100.6500 7/24/2006 7/25/2006
S 171 $100.6500 7/24/2006 7/25/2006
S 114 $100.6500 7/24/2006 7/25/2006
S 84 $100.6500 7/24/2006 7/25/2006
S 84 $102.2500 7/25/2006 7/26/2006
S 448 $102.2500 7/25/2006 7/26/2006
S 2,500 $102.1000 7/25/2006 7/28/2006
P 200 $102.1650 7/25/2006 7/28/2006
P 200 $102.1650 7/25/2006 7/28/2006
S 196 $102.9100 7/26/2006 7/27/2006
S 420 $102.9100 7/26/2006 7/27/2006
S 500 $102.0400 7/26/2006 7/31/2006
S 500 $102.0400 7/26/2006 7/31/2006
P 140 $101.3000 7/27/2006 7/28/2006
P 76 $101.3000 7/27/2006 7/28/2006
P 171 $101.3000 7/27/2006 7/28/2006
P 252 $101.3000 7/27/2006 7/28/2006
S 196 $102.0000 7/31/2006 8/1/2006
S 114 $102.0000 7/31/2006 8/1/2006
S 112 $102.0000 7/31/2006 8/1/2006
S 28 $100.7000 8/1/2006 8/2/2006
P 76 $100.7000 8/1/2006 8/2/2006
P 95 $100.7000 8/1/2006 8/2/2006
P 76 $100.7000 8/1/2006 8/2/2006
S 196 $100.7000 8/1/2006 8/2/2006
S 56 $101.0800 8/2/2006 8/3/2006
S 336 $101.0800 8/2/2006 8/3/2006
S 28 $101.0800 8/2/2006 8/3/2006
P 500 $101.0000 8/2/2006 8/7/2006
P 84 $101.0100 8/3/2006 8/4/2006
P 196 $100.8800 8/4/2006 8/7/2006
P 336 $100.8800 8/4/2006 8/7/2006
S 56 $100.9700 8/7/2006 8/8/2006
S 126 $100.9700 8/7/2006 8/8/2006
P 18 $100.8900 8/9/2006 8/14/2006
S 18 $100.8900 8/9/2006 8/14/2006
P 72 $100.4000 8/11/2006 8/16/2006
S 100 $100.9000 8/14/2006 8/17/2006
S 4 $101.3500 8/16/2006 8/21/2006
S 229 $101.5300 8/21/2006 8/24/2006
P 229 $101.5300 8/21/2006 8/24/2006
S 1,255 $101.7500 8/22/2006 8/25/2006
P 5 $101.6000 8/23/2006 8/28/2006
S 80 $104.2100 8/28/2006 8/31/2006
P 30 $104.2700 8/28/2006 8/31/2006
S 20 $104.2100 8/28/2006 8/31/2006