Nov. 16, 2012 -- NOTICE IS HEREBY GIVEN that, pursuant to the terms of the Warrant Agreement, dated as of April 25, 2001, between PREFERREDPLUS Trust Certificates Series CCR-1 Trust, Merrill Lynch Depositor, Inc., as Depositor and The Bank of New York Mellon, as Warrant Agent, pursuant to Section 2.02(i) of the Agreement, the Warrant Agent has received a notice of exercise from the holder of the warrants to purchase all of the outstanding aggregate amount of the PPLUS Trust Certificates Series CCR-1. The date fixed for the exercise is December 15, 2012. On the Exercise Date, 1,000,000 of the Securities will become due and payable at an exercise price equal to $25.00 for each security being exercised plus accrued and unpaid interest up to, but excluding, the Exercise Date. From and after the Exercise Date, the Securities being exercised will cease to bear interest, and your only remaining right is to receive payment of the Exercise Price upon surrender of the Securities to the Warrant Agent. Please be advised that the Certificateholders, by their acceptance of Securities, covenanted and agreed to tender any and all Securities to the Warrant Agent upon the holder's exercise of Warrants and deposit of the Exercise Price with The Bank of New York Mellon, as Escrow Agent for such Securities in accordance with the applicable procedures in the Agreement. Your rights under the Standard Terms for Trust Agreements, dated February 20, 1998 and together with the Series Supplement, dated April 25, 2001, and the Securities are limited by the terms, provisions and conditions of the Trust Agreement and the Warrant Agreement with respect to the exercise of the Warrants by the holder. ____________ July 1, 2008 -- Bank of America Corporation (NYSE: BAC) today completed its purchase of Countrywide Financial Corp. to create the nation's leading mortgage originator and servicer.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Merrill Lynch Depositor Inc., PreferredPlus 8.05% Trust Certificates, stated value $25 per share, PreferredPlus Trust Series CCR-1, underlying securities are the 8.05% Subordinated Capital Income Securities, Series B, due June 15, 2027 issued by Countrywide Capital III, a wholly-owned subsidiary of Countrywide Financial Corp. (NYSE: CFC), redeemable on or after 6/15/2006 under the call warrants at $25.83, which decreases every six months down to $25.00 on the maturity date of 6/15/2027 (see schedule on Annex A page S-54 of the prospectus), plus accrued and unpaid interest. Distributions of 8.05% ($2.0125) are paid semi-annually on 6/15 & 12/15 to holders of record on the first business day prior to the payment date. The company has the right, at any time, to defer dividend payments for up to 10 consecutive semiannual periods (but not beyond the maturity date). Distributions paid by third party trust preferred securities derived from corporate debt securities such as these securities are NOT eligible for the 15% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders as the distributions are considered to be interest. Ratings of the certificates at the IPO are BBB+ by S&P and a3 by Moodys. See the IPO prospectus for further information on the PreferredPlus Certificates and the call warrant provisions by clicking on the ‘Link to IPO Prospectus’ provided below.

Stock Exchange	Cpn Rate Ann Amt	LiqPref CallPrice	Call Date Matur Date	Moodys/S&P Dated	Distribution Dates	15% Tax Rate
NYSE Chart	8.05% $2.0125	$25.00 $25.83	Called for 12/15/2012 6/15/2027	Ba1 BB+ 6/18/2012	6/15 & 12/15 Click for MW ExDiv Date Click for Yahoo ExDiv Date	No

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HOME PAGE:     http://www.ml.com/ (This parent company URL is for reference only and does not have specific information on the security.)

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Address:   World Financial Center, North Tower, New York, NY 10281
Main Phone Number	212-449-1000
Fax Number	Not Available