Sep 9, 2009 -- Conditional Redemption of CAST Step-Up Trust for Morgan Stanley Notes, CAST Supplement 2003-6. Class A Certificates (CUSIP*: 14835TAB4; NYSE: PKF13). Class B Certificates (CUSIP*: 14835TAA6). U.S. Bank Trust National Association, as Trustee, under the Base Trust Agreement dated as of December 15, 2000 between Structured Products Corp. and the Trustee, as supplemented by the CAST Supplement 2003-6 dated as of July 25, 2003, has received notice that the Call Warrant Holder has exercised its right to purchase the term assets of the Trust on September 16, 2009 (the "Redemption Date"). THE EXERCISE OF THE CALL WARRANTS IS CONDITIONAL UPON RECEIPT BY THE TRUSTEE OF THE WARRANT EXERCISE PURCHASE PRICE WITH RESPECT TO SUCH EXERCISE ON THE REDEMPTION DATE.THERE CAN BE NO ASSURANCE THAT THE CALL WARRANTS WILL IN FACT BE EXERCISED ON THE REDEMPTION DATE. If the Trustee receives the Warrant Exercise Purchase Price by 11:00 a.m. (New York City time) on the Redemption Date, then (i) the Class A Certificates issued by the CAST Step-Up Trust for Morgan Stanley Notes (the "Trust") will be redeemed in full on the Redemption Date at a price of $1,000 per Class A Certificate plus $2.187500 accrued interest to the Redemption Date per Class A Certificate and (ii) the Class B Certificates will be redeemed in full on the Redemption Date after payment of the Warrant Class B Purchase Price of $1.562893 per Class B Certificate plus $0.020833 accrued interest to the Redemption Date per Class B Certificate. If the Certificates are redeemed, no interest will accrue on the Certificates after the Redemption Date. If the Trustee does not receive the Warrant Exercise Purchase Price, then (i) the Certificates issued by the Trust will not be redeemed and will continue to accrue distributions as if no exercise notice had been given and (ii) the Call Warrant Holder may elect to deliver a conditional notice of exercise in the future. 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, please contact William H. Hall of U.S. Bank Trust National Association at 617-603-6495.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Structured Products Corp., Monthly-Pay Step-Up Class A Certificates, issued by CAST Step-Up Trust for Morgan Stanley Notes, the trust, due 3/01/2013, issued in $1000 denominations, and with distributions of 3.25% ($32.50) per annum prior to 12/01/2005 and 5.25% ($52.50) per annum thereafter paid monthly on the 1st of each month. The certificates are redeemable under the call warrants on or after 12/01/2005 at $1000 per share plus accrued and unpaid interest. 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. The notes are unsecured and unsubordinated obligations of the company and will rank equally with all existing and future unsecured and unsubordinated indebtedness of the company. To be issued the certificates must be rated at least A+ by S&P and Aa3 by Moody's. See the IPO prospectus for further information on the debt securities by clicking on the ‘Link to IPO Prospectus’ provided below.

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Address:   390 Greenwich Street, New York, NY 10013
Main Phone Number	212-783-6645
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