QUANTUMONLINE.COM SECURITY DESCRIPTION:  Corporate Asset Backed Corp., CABCO Trust Certificates, principal amount $25 per trust certificate. The underlying securities are the Florida Power & Light Co. 7.05% First Mortgage Bonds due 12/01/2026, redeemable at the issuer's option on or after 12/01/2003 at $25.6825 declining to $25 by 12/01/2013, distributions of 7.05% per year are paid semiannually on 6/1 & 12/1 to holders of record on ?. The certificates 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. To be issued the certificates must be rated at least AA- by S&P and Aa3 by Moody's. For further information on the CABCO Trust Certificates, see the IPO Prospectus by clicking on the link provided below. Corporate Asset Backed Corp. is a subsidiary of UBS PaineWebber.

Stock Exchange	Cpn Rate Ann Amt	LiqPref CallPrice	Call Date Matur Date	Moodys/S&P Dated	Distribution Dates	15% Tax Rate
NYSE Chart	7.05% $1.7625	$25.00 $25.68	12/01/2003 12/01/2026	Aa3 A 10/31/2003	6/1 & 12/1 Click for MW ExDiv Date Click for Yahoo ExDiv Date	No

Notes:  In October 2003, FPL called for redemption in November 2003 and December 2003 approximately $109 million of 7.00% first mortgage bonds maturing in September 2025 and approximately $108 million of 7.05% first mortgage bonds maturing in December 2026, respectively.

Company's Online Information Links

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

Company's Online SEC EDGAR Filings

Company's SEC EDGAR Filings

Go to SEC Filings

Address and Phone Numbers

Address:   1285 Avenue of the Americas, 11th Floor, New York, NY 10019
Main Phone Number	212-713-2841
Fax Number	Not Available