Apr 05, 2011 -- U.S. Bank Trust National Association serves as trustee for the above-referenced Trust formed pursuant to the terms of the Base Trust Agreement dated as of December 15, 2000, as supplemented by the Series Supplement Series 2001-4, dated as of January 30, 2001 by and between Structured Products Corporation and the Trustee. Capitalized terms used herein have the meanings set forth in the Trust Agreement. A Corporate Action Announcement was received by the Trustee that First Union Institutional Capital I has given notice that there will be a full call of the term assets at 102.412 plus accrued interest at 32.606666 of the Term Assets held by the Trust on Wednesday, April 27th 2011. Therefore, on the Redemption Date, the Class A Certificates issued by the CorTs Trust for First Union Institutional Capital I will be redeemed in full at a price of $26.112518 per Class A Certificate plus accrued interest of $0.831388 per Class A Certificate. If these Certificates are redeemed in full, no interest will accrue on such Certificates after the Redemption Date. This press release is being issued by U.S. Bank Trust National Association as trustee of the Trust. For more information about this conditional redemption, Holders with questions may contact Bondholder Services at (800) 934-6802.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Structured Products Corp., 8.20% CorTS (Corporate-Backed Trust Securities) Certificates, principal amount $25 per certificate, issued by CorTS Trust for First Union Institutional Capital I, the Trust. The underlying securities of the CorTS trust are the 8.04% Capital Securities due 12/01/2026 issued by First Union Institutional Capital I and guaranteed by First Union Corp., now part of Wachovia Corp., now part of Wells Fargo & Co. (NYSE: WFC). The assets of the underlying capital securities trust are the 8.04% Junior Subordinated Deferrable Interest Debentures due 12/01/2026 which were purchased from the company using the funds from the sale of the Capital Securities. The CorTS certificates will pay 8.20% interest semiannually on 6/1 & 12/1 to holders of record on the 1st day prior to the payment date. The CorTS are optionally redeemable on or after 12/01/2006 at $26.52 per share which declines to $25.49 on or after 12/1/2016 (see schedule on page S-14 of the prospectus), plus accrued and unpaid dividends. The company has the right, at any time, to defer interest payments for up to 10 consecutive semiannual periods. The certificates must be rated at least A1 by Moody's and BBB+ by S&P to be issued. Units are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest. See the IPO prospectus for further information on the CorTS Certificates by clicking on the ‘Link to IPO Prospectus’ provided below. Structured Products Corp. is an indirect, wholly-owned subsidiary of Salomon Smith Barney Holdings, a member of Citigroup (NYSE: C).

Stock Exchange	Cpn Rate Ann Amt	LiqPref CallPrice	Call Date Matur Date	Moodys/S&P Dated	Distribution Dates	15% Tax Rate
NYSE Chart	8.20% $2.05	$25.00 $26.11	Called for 4/27/2011 12/01/2026	Baa1 A- 3/22/2011	6/1 & 12/1 Click for MW ExDiv Date Click for Yahoo ExDiv Date	No

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Address:   388 Greenwich Street, New York, NY 10013
Main Phone Number	212-816-7496
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