Claes Dahlbäck Will Not Stand for Re-Election to the Board of Directors of Goldman Sachs

The Board of Directors of The Goldman Sachs Group, Inc. GS today announced that Claes Dahlbäck will not stand for re-election at the Company's 2015 Annual Meeting of Shareholders. Mr. Dahlbäck has served on the firm's Board of Directors since 2003. He will continue to serve on the board of Goldman Sachs International.

"Claes Dahlbäck has played a very important role on our board for 12 years," said Lloyd C. Blankfein, Chairman and CEO of The Goldman Sachs Group, Inc. "His global experience, independent and wise judgment and quiet leadership made him an effective director. I want to thank him for his unfailing commitment to our shareholders and our people."

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.