UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

Date of Report (date of earliest event reported):

March 18, 2008

Lehman Brothers Holdings Inc.
(Exact name of registrant as specified in its charter)

Delaware
(State or other jurisdiction of incorporation)

1-9466
(Commission File Number) 13-3216325
(IRS Employer Identification No.)

745 Seventh Avenue
	New York, New York	10019
	(Address of principal	(Zip Code)
	executive offices)

Registrant’s telephone number, including area code:

(212) 526-7000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02. Results of Operations and Financial Condition.

On March 18, 2008, Lehman Brothers Holdings Inc. (the “Registrant”) issued a press release with respect to its earnings for its most recently completed fiscal quarter (the “Earnings Release”).

The Earnings Release and related attachments are annexed as Exhibit 99.1 hereto and are hereby incorporated herein and made a part hereof.

The information furnished under this Item 2.02, including Exhibit 99.1, shall be deemed to be “filed” for purposes of the Securities Exchange Act of 1934, as amended.

Item 9.01.  Financial Statements and Exhibits

(d)        Exhibits

                The following Exhibit is filed as part of this Report.

Exhibit 99.1	Press Release Relating to Earnings
	Selected Statistical Information
	At, or for the Quarter Ended,
	February 29, 2008
	(Preliminary and Unaudited)
	Consolidated Statement of Income
	Quarter Ended February 29, 2008
	(Preliminary and Unaudited)
	Segment Net Revenue Information
	Quarter Ended February 29, 2008
	(Preliminary and Unaudited)
	Reconciliation of Average Stockholders’ Equity to
	Average Tangible Common Stockholders’ Equity
	(Preliminary and Unaudited)
	Assets under Management
	At, and for the Quarter Ended,
	February 29, 2008
	(Preliminary and Unaudited)
	Leverage and Net Leverage Calculations
	(Preliminary and Unaudited)
	Mark to Market Adjustments and Gross Balances
	(Preliminary and Unaudited)

2

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

	LEHMAN BROTHERS HOLDINGS INC.
	(Registrant)
Date:   March 18, 2008	By:	/s/ Erin M. Callan
	Erin M. Callan
			Chief Financial Officer and Controller
			(Principal Financial Officer and Principal Accounting Officer)

3

EXHIBIT INDEX

Exhibit 99.1	Press Release Relating to Earnings
	Selected Statistical Information
	At, or for the Quarter Ended,
	February 29, 2008
	(Preliminary and Unaudited)
	Consolidated Statement of Income
	Quarter Ended February 29, 2008
	(Preliminary and Unaudited)
	Segment Net Revenue Information
	Quarter Ended February 29, 2008
	(Preliminary and Unaudited)
	Reconciliation of Average Stockholders’ Equity to
	Average Tangible Common Stockholders’ Equity
	(Preliminary and Unaudited)
	Assets under Management
	At, and for the Quarter Ended,
	February 29, 2008
	(Preliminary and Unaudited)
	Leverage and Net Leverage Calculations
	(Preliminary and Unaudited)
	Mark to Market Adjustments and Gross Balances
	(Preliminary and Unaudited)

4