Sep 18, 2012 -- U.S. Bank Trust National Association serves as trustee for the above-referenced Trust formed pursuant to the terms of the Base Trust Agreement dated as of December 15, 2000, as supplemented by the CorTS Supplement 2002-3, dated as of May 17, 2002 by and between Structured Products Corporation and the Trustee. The assets of the Trust include the following securities: 5.60% Debentures due July 31, 2097 CUSIP No. 866930AG5 issued by SunAmerica Inc. (currently known as American International Group Inc. pursuant to a merger on January 1, 1999) ("AIG") On September 18, 2012, the Warrantholder gave notice of intent to exercise 95,682 Warrants on October 3, 2012. Pursuant to the notice of intent, the Warrantholder agrees to purchase $95,682,000 principal amount of the 5.60% debentures held by the Trust, and agrees to make payment equal to 75.09996% of the principal amount of the 5.60% debentures being purchase pursuant to the exercise of the Call Warrants plus accrued and unpaid interest thereon to and including the Warrant Exercise Date, determined to be Wednesday, October 3, 2012. THE EXERCISE OF THE CALL WARRANTS IS CONDITIONAL UPON RECEIPT BY THE TRUSTEE OF THE WARRANT EXERCISE PURCHASE PRICE ON THE WARRANT EXERCISE DATE. THERE CAN BE NO ASSURANCE THAT THE CALL WARRANTS WILL IN FACT BE EXERCISED ON THE WARRANT EXERCISE DATE. If the Trustee receives the Warrant Exercise Purchase Price by 11:00 a.m. (New York City time) on the Redemption Date, then $71,857,125.00 Class A Certificates issued by the Trust will be redeemed on the Redemption Date at a price of $25.00 per Class A Certificate plus accrued interest of $0.293125 per Class A Certificate to the Redemption Date and $0.994727 accrued interest per Class B Certificates. 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 Warrantholder may elect to deliver a partial or full conditional notice of exercise in the future.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Structured Products Corp., 6.70% CorTS (Corporate-Backed Trust Securities) Class A Certificates, principal amount $25 per certificate, issued by CorTS Trust for SunAmerica Debentures, the Trust. The underlying securities are the 5.60% Debentures due 7/31/2097 issued by SunAmerica Inc., a subsidiary of American Intl Group Inc. (NYSE: AIG). The CorTS certificates will pay 6.70% ($1.675) per annum interest semiannually on 1/31 & 7/31 to holders of record on the day immediately prior to the payment date. The CorTS are redeemable on or after 5/17/2007 under the call warrants at $25 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 certificates must be rated at least Aaa by Moody's and AAA by S&P to be issued. See the IPO prospectus for further information on the CorTS Certificates by clicking on the ‘Link to IPO Prospectus’ provided below. Structured Products Corp. is an indirect, wholly-owned subsidiary of Citigroup Global Markets Holdings Inc., formerly Salomon Smith Barney Holdings, a member of Citigroup (NYSE: C).

Stock Exchange	Cpn Rate Ann Amt	LiqPref CallPrice	Call Date Matur Date	Moodys/S&P Dated	Distribution Dates	15% Tax Rate
NYSE Chart	6.70% $1.675	$25.00 $25.00	Called for 10/03/2012 7/31/2097	Baa1 A- 2/17/2012	1/31 & 7/31 Click for MW ExDiv Date Click for Yahoo ExDiv Date	No

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Address:   388 Greenwich Street, New York, NY 10013
Main Phone Number	212-816-7496
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