Report of Independent Registered Public Accounting Firm

 To the Shareholders and
 Board of Trustees of Goldman Sachs Trust

 In planning and performing our audits of the financial statements of Goldman
 Sachs Enhanced Income Fund, Goldman Sachs Ultra-Short Duration Government
 Fund, Goldman Sachs Short Duration Government Fund, Goldman Sachs Government
 Income Fund, Goldman Sachs U.S. Mortgages Fund, Goldman Sachs Core Fixed
 Income Fund, Goldman Sachs Investment Grade Credit Fund, Goldman Sachs
 Emerging Markets Debt Fund, Goldman Sachs Global Income Fund, Goldman
 Sachs High Yield Fund, Goldman Sachs Short Duration Tax-Free Fund, Goldman
 Sachs Municipal Income Fund and Goldman Sachs High Yield Municipal Fund
 (thirteen of the funds comprising the Goldman Sachs Trust) (collectively,
 the  Funds ) for the period ended October 31, 2004, we considered their
 internal control, including control activities for safeguarding securities,
 in order to determine our auditing procedures for the purpose of expressing
 our opinion on the financial statements and to comply with the requirements
 of Form N-SAR, not to provide assurance on internal control.


 The management of the Funds is responsible for establishing and maintaining
 internal control. In fulfilling this responsibility, estimates and judgments
 by management are required to assess the expected benefits and related costs
 of controls. Generally, controls that are relevant to an audit pertain to the
 entitys objective of preparing financial statements for external purposes that
 are fairly presented in conformity with U.S. generally accepted accounting
 principles. Those controls include the safeguarding of assets against
 unauthorized acquisition, use, or disposition.

 Because of inherent limitations in internal control, error or fraud may occur
 and not be detected. Also, projection of any evaluation of internal control
 to future periods is subject to the risk that it may become inadequate because
 of changes in conditions or that the effectiveness of the design and operation
 may deteriorate.

 Our consideration of internal control would not necessarily disclose all
 matters in internal control that might be material weaknesses under standards
 of the Public Company Accounting Oversight Board (United States). A material
 weakness is a condition in which the design or operation of one or more of the
 internal control components does not reduce to a relatively low level the risk
 that misstatements caused by error or fraud in amounts that would be material
 in relation to the financial statements being audited may occur and not be
 detected within a timely period by employees in the normal course of
 performing their assigned functions. However, we noted no matters involving
 internal control and its operation, including controls for safeguarding
 securities, that we consider to be material weaknesses as defined above
 as of October 31, 2004.

 This report is intended solely for the information and use of management
 and the Board of Trustees of the Funds and the Securities and Exchange
 Commission and is not intended to be and should not be used by anyone
 other than these specified parties.

                                    S/
                                    Ernst & Young LLP

New York, New York
December 17, 2004