Exhibit 15.1

September 26, 2005

Securities and Exchange Commission
100 F Street N.E.
Washington, D.C. 20549

          Re: The Goldman Sachs Group, Inc.
Registration Statements on Form S-8
(No. 333-80839)
(No. 333-42068)
(No. 333-106430)
(No. 333-120802)
Registration Statements on Form S-3

(No. 333-49958)
(No. 333-74006)
(No. 333-110371)
(No. 333-101093)
(No. 333-112367)
(No. 333-122977)
(No. 333-128461)

Commissioners:

     We are aware that our report dated October 4, 2005 on our review of the condensed consolidated statement of financial condition of The Goldman Sachs Group, Inc. and subsidiaries (the Company) at August 26, 2005, the related condensed consolidated statements of earnings for the three and nine months ended August 26, 2005 and August 27, 2004, the condensed consolidated statement of changes in shareholders’ equity for the three months ended August 26, 2005, the condensed consolidated statements of cash flows for the nine months ended August 26, 2005 and August 27, 2004, and the condensed consolidated statements of comprehensive income for the three and nine months ended August 26, 2005 and August 27, 2004, included in the Company’s quarterly report on Form 10-Q for the quarter ended August 26, 2005 is incorporated by reference in the registration statements referred to above. Pursuant to Rule 436(c) under the Securities Act of 1933, such report should not be considered a part of such registration statements, and is not a report within the meaning of Sections 7 and 11 of that Act.

Very truly yours,

/s/ PricewaterhouseCoopers LLP