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Africa Finance Corporation Chairman - Adebayo Ogunlesi joins Goldman Sachs Board of Directors

The Board of Directors of The Goldman Sachs Group, Inc. has appointed Adebayo O. Ogunlesi as an independent director of the firm, effective October 15, 2012. Mr. Ogunlesi's appointment expands the Board to 11 directors, nine of whom are independent directors. Mr. Ogunlesi will be a member of each of the firm's Audit, Risk, Compensation and Corporate Governance and Nominating committees. Mr. Ogunlesi is the Chairman of Africa Finance Corporation and Managing Partner and Chairman of Global Infrastructure Partners, a private equity firm that invests worldwide in infrastructure assets in the energy, transport, and water and waste industry sectors. "Adebayo brings extensive experience in finance and the global capital markets to our Board of Directors," said Lloyd C. Blankfein, Chairman and CEO of The Goldman Sachs Group, Inc. "He has advised companies and institutions around the world and invested in many of the most important sectors in the global economy. Our board and our shareholders will benefit from Adebayo's wealth of knowledge and rigorous thinking."