NEW YORK, Feb. 6 /PRNewswire-FirstCall/ -- Corporate Backed Trust Certificates, Series 2001-21 Trust, which was established by Lehman ABS Corporation, today announced that, because of events described in the following paragraph, the trust will be terminated in accordance with the terms of the trust agreement. The trust holds $28,462,000 aggregate principal amount of 6.50% Notes due March 15, 2029 issued by AT&T Corp. AT&T Corp. has filed a Form 15 with the Securities and Exchange Commission whereby it elected to suspend its duty to file periodic reports under certain sections of the Securities Exchange Act of 1934 related to the underlying securities of the trust. Under the terms of the trust agreement, the trust will be terminated. The holder of call warrants related to the certificates of the trust will have the option to exercise the call warrants. The transfer books relating to the trust certificates will be closed permanently at the time of this press release. A later announcement will set forth additional details regarding any exercise of the call warrants and the timeline for the termination of the trust. Contact: David J. Kolibachuk U.S. Bank National Association 212-361-2459 DATASOURCE: U.S. Bank National Association CONTACT: David J. Kolibachuk, of U.S. Bank National Association, +1-212-361-2459,

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