This filing lists securities holdings reported on the form 13F filed on or about
February 14, 2003 pursuant to a request for confidential treatment and for which
confidential treatment expired on or about
February 14, 2004.



                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   Form 13F/A

                        Form 13F CONFIDENTIAL COVER PAGE


Report for the Calendar Year or Quarter Ended:       December 31, 2002

Check here if Amendment    [ x ];      Amendment Number: 1
         This Amendment (Check only one.):     [   ] is a restatement
                                               [ x ] adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:    Lehman Brothers Holdings Inc.
Address: 745 Seventh Avenue
         New York, New York 10019

Form 13F File Number:      28-3182

The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained is true, correct and complete, and
that it is understood that all required items, statements, schedules, lists, and
tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:

Name:             Oliver Budde
Title:            Vice President
Phone:            212 526-0778

Signature, Place and Date of Signing:

/s/ Oliver Budde
New York, NY
February 17, 2004

Report Type (Check only one.):

[ X ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
      are reported in this report.)

[   ] 13F NOTICE. (Check here if no holdings reported are in this
      report, and all holdings are reported by another reporting manager(s).)

[   ] 13F COMBINATION REPORT. (Check here if a portion of the holdings
      for this reporting manager are reported in this report and a portion are
      reported by other reporting manager(s).)





                  FORM 13F SUMMARY PAGE - CONFIDENTIAL PORTION



Report Summary:

         Number of Other Included Managers:          1

         Form 13F Information Table Entry Total:     130

         Form 13F Information Table Value Total      743,528 (thousands)



List of Other Included Managers:

         Provide a numbered list of the name(s) and Form 13F file number(s) of
         all institutional investment managers with respect to which this report
         is filed, other than the manager filing this report.


            No.            Form 13F File Number            Name
            __             ____________________            _____
            1              28-1159                         Lehman Brothers Inc.