April 4, 2007 -- On April 10, 2007, the Corporate Backed Trust Certificates, CIT Capital Trust I Securities-Backed Series 2002-15 Trust Class A-1 Certificates issued by Corporate Backed Trust Certificates, CIT Capital Trust I Securities-Backed Series 2002- 15 Trust will be redeemed. This redemption is a result of a call on the sole asset of the 2002-15 Trust, $25,163,000 CIT Capital Trust I 7.70% Preferred Capital Securities due February 15, 2027 CUSIP 125563AC0*. As a result of this redemption, certificateholders will be entitled to receive $26.20151469 per Class A-1 Certificate, representing both principal and accrued interest on the Class A-1 Certificates in connection with the call of the Underlying Securities. This press release is being issued by U.S. Bank Trust National Association as trustee on behalf of the 2002-15 Trust. For more information about these redemptions, please contact David Kolibachuk of U.S. Bank Trust National Association at 212-361-2459.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Lehman ABS Corp., 7.75% Corporate Backed Trust Certificates, Series 2002-15, Class A-1, price to the public $25 per certificate. The underlying securities are the 7.70% Preferred Capital Securities due 2/15/2027 issued by CIT Capital Trust I, a wholly-owned subsidiary of CIT Group Inc. (NYSE: CIT). The certificates pay distributions of 7.75% ($1.9375) per annum semiannually on 2/15 & 8/15 to holders of record on the day immediately preceding the payment date. Certificates are callable on or after 2/15/2007 at $25.9055 per certificate which declines to $25 per certificate by 2/15/2017 (see schedule on page S-15 of the prospectus), plus accrued and unpaid interest. The company has the right, at any time, to defer dividend payments for up to 10 consecutive semi-annual periods (but not beyond the maturity date). Certificate ratings at the IPO were BBB+ by S&P and A3 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	7.75% $1.9375	$25.00 $25.91	Called for 4/10/2007 2/15/2027	A3 BBB+ 2/20/2006	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