Oct 3, 2014 - NOTICE IS HEREBY GIVEN, pursuant to the terms of the Standard Terms for Trust Agreements dated as of January 16, 2001, between Lehman ABS Corporation, as Depositor, and U.S. Bank Trust National Association, as Trustee, as supplemented by the Series Supplement, in respect to the Trust, dated as of February 19, 2003 that certain Warrant Holder(s) have exercised their rights to purchase the 1,000,000 total outstanding Class A-1 Certificates (JBJ), $25,000,000.00 total Notional Amount outstanding Class A-2A Certificates and $25,000,000.00 total Notional Amount outstanding Class A-2B Certificates on October 8, 2014 each at the related Call Price, and effect an Optional Exchange for the $25,000,000.00 principal amount Underlying Securities held by the Trust. THE EXERCISE OF THE CALL WARRANTS IS CONDITIONAL UPON RECEIPT BY THE TRUSTEE OF THE CALL 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 OCTOBER 8, 2014. If the Trustee receives the Call Price by 10:00 a.m. (New York City time) on the Redemption Date, then 1,000,000 Class A-1 Certificates, $25,000,000.00 Notional Amount Class A-2A Certificates and $25,000,000.00 Notional Amount Class A-2B Certificates described above will be selected for redemption on the Redemption Date at a price of $25.00 principal plus $0.36024306 accrued interest to the Redemption Date per Class A-1 Certificate, $122.51669400 interest per $1,000 stated Notional Amount Class A-2A Certificate, and $7.71608280 interest per $1,000 stated Notional Amount Class A-2B Certificate. The total payment of the Redemption Amount on the Certificates will be $28,616,062.48, consisting of $25,000,000.00 principal and $360,243.06 accrued interest on the Class A-1 Certificates, $3,062,917.35 interest on the $25,000,000.00 Notional Amount Class A-2A Certificates and $192,902.07 interest on the $25,000,000.00 Notional Amount Class A-2B Certificates selected for redemption. The Class A-2A and Class A-2B Certificates are interest-only Certificates and will not receive payment of principal. No further interest or principal will accrue after the Redemption Date on the Certificates selected for redemption. If the Trustee does not receive the Call Price, then (i) the Certificates selected for redemption will continue to accrue interest as if no exercise notice had been given and (ii) these and other Warrant Holders 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 partial redemption, Holders with questions may contact Bondholder Services at (800) 934-6802. ____________ April 09, 2013 -- Notice of CONDITIONAL PARTIAL Redemption of Corporate Backed Trust Certificates, HSBC Debenture-Backed Series 2003-4 Trust 2,238,160 $25 Par ($55,954,000 Certificate Principal Amount) Class A-1 Certificates Due July 15, 2097 CUSIP No. 21988G296* (NYSE: JBJ) $55,954,000.00 Notional Amount Class A-2A Certificates Due July 15, 2048 CUSIP No. 21988GCG9* $55,954,000.00 Notional Amount Class A-2B Certificates Due July 15, 2097 CUSIP No. 21988GCH7* (Relating to 2,238,160 Class A-1, 559.54 Class A-2A and 559.54 Class A-2B Call Warrants Without CUSIP) (Underlying Securities Are $55,954,000 Principal Amount 7.20% Subordinated Debentures Due July 15, 2097 CUSIP No. 760719BH6* Issued by HSBC USA Inc., as Successor to Republic New York Corporation) NOTICE IS HEREBY GIVEN, pursuant to the terms of the Standard Terms for Trust Agreements dated as of January 16, 2001, between Lehman ABS Corporation, as Depositor, and U.S. Bank Trust National Association, as Trustee, as supplemented by the Series Supplement, in respect to the Trust, dated as of February 19, 2003 that certain Warrant Holder(s) have exercised their rights to purchase 1,238,160 of the 2,238,160 total outstanding Class A-1 Certificates (NYSE: JBJ), $30,954,000.00 of the total $55,954,000.00 total Notional Amount outstanding Class A-2A Certificates and $30,954,000.00 of the total $55,954,000.00 total Notional Amount outstanding Class A-2B Certificates on April 12, 2013 each at the related Call Price, and effect an Optional Exchange for $30,954,000.00 face amount of the total $55,954,000.00 principal amount Underlying Securities by the Trust. THE EXERCISE OF THE CALL WARRANTS IS CONDITIONAL UPON RECEIPT BY THE TRUSTEE OF THE CALL 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 Call Price by 10:00 a.m. (New York City time) on the Redemption Date, then 1,238,160 Class A-1 Certificates, $30,954,000.00 Notional Amount Class A-2A Certificates and $30,954,000.00 Notional Amount Class A-2B Certificates described above will be selected for redemption on the Redemption Date at a price of $25.00 principal plus $0.377604171 accrued interest to the Redemption Date per Class A-1 Certificate, $123.830219358 interest per $1,000 stated Notional Amount Class A-2A Certificate, and $6.519453705 interest per $1,000 stated Notional Amount Class A-2B Certificate (the "Call Price"). The total payment of the Redemption Amount on the Certificates will be $35,456,378.16, consisting of $30,954,000.00 principal and $467,534.38 accrued interest on the Class A-1 Certificates, $3,833,040.61 interest on the $30,954,000.00 Notional Amount Class A-2A Certificates and $201,803.17 interest on the $30,954,000.00 Notional Amount Class A-2B Certificates (the "Redemption Amount") selected for redemption. The Class A-2A and Class A-2B Certificates are interest-only Certificates and will not receive payment of principal. No further interest or principal will accrue after the Redemption Date on the Certificates selected for redemption. If the Trustee does not receive the Call Price, then (i) the Certificates selected for redemption will continue to accrue interest as if no exercise notice had been given and (ii) these and other Warrant Holders 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 partial redemption, Holders with questions may contact Bondholder Services at (800) 934-6802. By U.S. Bank Trust National Association as Trustee

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Lehman ABS Corp., 6.25% Corporate Backed Trust Certificates, HSBC Debenture-Backed Series 2003-04, price to the public $25 per certificate. Underlying securities are the 7.20% Subordinated Debentures due 7/15/2097 issued by Republic New York Corp., predecessor to HSBC USA Inc. The certificates pay 6.25% per annum distributions semiannually on 1/15 & 7/15 to holders of record one day prior to the payment date. Certificates are callable at the option of the call warrant holder on or after 2/19/2008 at $25 per certificate plus accrued and unpaid interest. Certificate ratings at the IPO were A by S&P and A2 by Moody's. Lehman ABS Corp. is an indirect wholly-owned subsidiary of Lehman Brothers Inc. (NYSE: LEH). For further information on the Corporate Backed Trust Certificates, see the IPO Prospectus 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	6.25% $1.5625	$25.00 $25.00	Called for 10/08/2014 7/15/2097	A3 A- 2/18/2016	1/15 & 7/15 Click for MW ExDiv Date Click for Yahoo ExDiv Date	No

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

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Address:   200 Vesey Street, 24th Floor, New York, NY 10285
Main Phone Number	212-526-7000
Fax Number	212-526-3738
Toll Free Phone Number	800-666-2388