Mon, Jun 9, 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, Goldman Sachs Capital I Securities-Backed Series 2004-7, dated as of April 30, 2004 in respect of the Corporate Backed Trust Certificates, Goldman Sachs Capital I Securities-Backed Series 2004-7 Trust, that certain Call Warrant Holders have exercised their rights to purchase the 885,000 total outstanding Class A-1 Corporate Backed Trust Certificates (NYSE: JBO) and the total outstanding $92,000.00 Initial ($79,382.00 Current) Amortizing Notional Balance Class A-2 Corporate Backed Trust Certificates on June 5, 2014 each at the related Call Price, and effect an Optional Exchange for the $17,125,000.00 principal amount of the 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 JUNE 5, 2014. If the Trustee receives the Call Price by 10:00 a.m. (New York City time) on the Redemption Date, then THE 685,000 Class A-1 Certificates and $92,000 Initial ($79,382.00 Current) Amortizing Notional Balance Class A-2 Certificates described above will be selected for redemption on the Redemption Date at a price of $25.00 principal plus $0.48125000 accrued interest to the Redemption Date per Class A-1 Certificate and $882.35782609 interest per $1,000 stated Initial Amortizing Notional Balance Class A-2 Certificate selected for redemption. The total payment of the Redemption Amount on the Certificates will be $17,535,833.17, consisting of $17,125,000.00 principal and $329,656.25 accrued interest on the Class A-1 Certificates and $81,176.92 interest on the $92,000 Initial ($79,382.00 Current) Amortizing Notional Balance Class A-2 Certificates selected for redemption (the "Redemption Amount"). The Class A-2 Certificates are interest-only Certificates and will not receive payment of principal, but the total outstanding Amortizing Notional Balance of Class A-2 Certificates will be reduced to zero by the redemption. No further interest or principal will accrue after the Redemption Date on the Certificates selected for redemption. After giving effect to the above redemption of Certificates and Call Warrants exercise, no Certificates or Call Warrants will remain outstanding and no Underlying Securities will remain held by the Trust. 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. ____________ Mar 21, 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, Goldman Sachs Capital I Securities-Backed Series 2004-7, dated as of April 30, 2004 in respect of the Corporate Backed Trust Certificates, Goldman Sachs Capital I Securities-Backed Series 2004-7 Trust, that certain Call Warrant Holders have exercised their rights to purchase 200,000 of the 885,000 total outstanding Class A-1 Corporate Backed Trust Certificates (NYSE: JBO) and $27,000.00 Initial ($23,297.00 Current) Amortizing Notional Balance of the total outstanding $119,000.00 Initial ($102,678.00 Current) Amortizing Notional Balance Class A-2 Corporate Backed Trust Certificates on March 28, 2014 each at the related Call Price, and effect an Optional Exchange for $5,000,000.00 principal amount of the 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 MARCH 28, 2014. If the Trustee receives the Call Price by 10:00 a.m. (New York City time) on the Redemption Date, then 200,000 Class A-1 Certificates and $27,000 Initial ($23,297.00 Current) Amortizing Notional Balance Class A-2 Certificates described above will be selected for redemption on the Redemption Date at a price of $25.00 principal plus $0.18812500 accrued interest to the Redemption Date per Class A-1 Certificate and $870.47851852 interest per $1,000 stated Initial Amortizing Notional Balance Class A-2 Certificate selected for redemption (the "Call Price"). The total payment of the Redemption Amount on the Certificates will be $5,061,127.92, consisting of $5,000,000.00 principal and $37,625.00 accrued interest on the Class A-1 Certificates and $23,502.92 interest on the $27,000 Initial ($23,297.00 Current) Amortizing Notional Balance Class A-2 Certificates selected for redemption. The Class A-2 Certificates are interest-only Certificates and will not receive payment of principal, but the total outstanding Amortizing Notional Balance of Class A-2 Certificates will be reduced by the $27,000 Initial ($23,297.00 Current) Amortizing Notional Balance selected for redemption. 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. ____________ Dec 21, 2012 - 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, Goldman Sachs Capital I Securities-Backed Series 2004-7, dated as of April 30, 2004 in respect of the Corporate Backed Trust Certificates, Goldman Sachs Capital I Securities-Backed Series 2004-7 Trust, that certain Call Warrant Holders have exercised their rights to purchase 315,000 of the 1,200,000 total outstanding Class A-1 Corporate Backed Trust Certificates (NYSE: JBO) and $43,000.00 Initial ($38,271.00 Current) Amortizing Notional Balance of the total outstanding $162,000.00 Initial ( $144,185.00 Current) Amortizing Notional Balance Class A-2 Corporate Backed Trust Certificates on December 31, 2012 each at the related Call Price, and effect an Optional Exchange for $7,875,000.00 face amount of the total $30,000,000.00 face amount Goldman Sachs Capital I 6.345% Capital Securities due February 15, 2034 CUSIP 38143VAA7* held as the 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 315,000 Class A-1 Certificates and $43,000 Initial ($38,271.00 Current) Amortizing Notional Balance Class A-2 Certificates described above will be selected for redemption on the Redemption Date at a price of $25.00 principal plus $0.59500000 accrued interest to the Redemption Date per Class A-1 Certificate and $914.90441860 interest per $1,000 stated Initial Amortizing Notional Balance Class A-2 Certificate. The total payment of the Redemption Amount on the Certificates will be $8,101,765.89, consisting of $7,875,000.00 principal and $187,425.00 accrued interest on the Class A-1 Certificates and $39,340.89 interest on the $43,000 Initial ($38,271.00 Current) Amortizing Notional Balance Class A-2 Certificates selected for redemption. The Class A-2 Certificates are interest-only Certificates and will not receive payment of interest. 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 issued by the Trust will continue to accrue interest 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 partial redemption, Holders with questions may contact Bondholder Services at (800) 934-6802.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Lehman ABS Corp., 6.00% Corporate Backed Trust Certificates, Goldman Sachs Capital I Securities-Backed Series 2004-7, Class A-1, price to the public $25 per certificate. The underlying securities are the 6.345% Capital Securities due 2/15/2034 issued by Goldman Sachs Capital I, a subsidiary of Goldman Sachs Group Inc. (NYSE: GS). The certificates pay 6.30% ($1.575) per annum distributions semiannually on 2/15 & 8/15 to holders of record on the day immediately preceding the payment date. Certificates are callable at the option of the call warrant holder on or after 4/30/2009 at $25 per certificate plus accrued and unpaid interest. The security issuer has the right, at any time, to defer interest payments for up to 10 consecutive semi-annual periods (but not beyond the maturity date). Certificate ratings at the IPO were A- by S&P and A1 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	6.30% $1.575	$25.00 $25.00	Called for 6/05/2014 2/15/2034	Baa3 BB+ 4/15/2014	2/15 & 8/15 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 and Phone Numbers

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