Business: Synthetic Fixed-Income Securities Inc., Floating Rate STRATS (Structured Repackaged Asset-Backed Trust Securities) Certificates, Series 2006-1, STRATS Trust for The Procter & Gamble Co., price to the public $25 per certificate. The underlying securities are the 5.80% Notes due 8/15/2034 issued by The Procter & Gamble Co. (NYSE: PG). The certificates pay floating rate distributions monthly on the 15th of each month to holders of record on the business day immediately preceding the payment date (NOTE: the ex-dividend date is one business day prior to the record date). The floating interest rate of the certificates will adjust for each distribution date and will be based on the weekly average of the three-month Treasury Bill rate plus 0.70% and are subject to a maximum interest rate of 7.50%. The underlying notes are subject to early redemption any time if the underlying security issuer redeems the underlying notes or if they cease to or fail to file periodic reports with the SEC. Certificate ratings at the IPO were AA- by S&P. Synthetic Fixed-Income Securities, Inc. is a wholly-owned subsidiary of Wachovia Corporation. For further information on the STRATS Trust Certificates and their interest rate calculations, see the IPO Prospectus by clicking on the ‘Link to IPO Prospectus’ provided below.