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ML Depositor PPLUS Trust 7.10% Embarq Corp. Certificates EQ-1
Ticker Symbol: FJA*     CUSIP: 73941X528     Exchange: NYSE
Security Type:   Third Party Trust Preferred
* NOTE: This security is no longer trading as of 4/15/2013

Security has been Called for:  Monday, March 18, 2013

March 13, 2013 -- NOTICE IS HEREBY GIVEN that, pursuant to the terms of the Series Supplement dated June 14, 2007, which incorporates the terms of the Standard Terms for Trust Agreements, dated as of May 29, 2007, between Merrill Lynch Depositor, Inc., as Depositor and The Bank of New York Mellon, as Trustee, the Trustee has not received a notice of exercise from the holder of the warrants to purchase the outstanding PPLUS Trust Certificates Series EQ-1. Under the terms of the Trust Agreement, if the Call Warrant Holder chooses not to exercise the Call Warrants within 10 days after notice is given, the holders of Class A and Class B Certificates will receive Underlying Securities in kind, subject to appropriate minimum denominations of the Underlying Securities. The Trustee will divide the principal amount of Underlying Securities (and any cash proceeds) between the Classes in accordance with the Allocation Ratio and distribute each Class' portion to such Class' Certificateholders pro rata to each Certificateholder's last address as it appears in the Certificate Register. If any Underlying Securities are not so distributed, the Trustee shall sell the Underlying Securities not so distributed and a pro rata portion of the Related Assets held by the Trust, and any liquidation proceeds shall be divided between the Classes in accordance with the Allocation Ratio. Each Class' portion shall be deposited into such Class' Certificate Account and distributed pro rata to such Class' Certificateholders. The Underlying Securities and the proceeds will be distributed on March 18, 2013.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Merrill Lynch Depositor Inc., PPLUS Class A, 7.10% Callable Trust Certificates, PPLUS Trust Series EQ-1 with a stated amount $25 per certificate, and which are redeemable on or after 6/1/2012 under the call warrants at $25 plus accrued and unpaid interest. The underlying securities are the 7.995% Notes due 6/1/2036 issued by Embarq Corp. (NYSE: EQ). The certificates pay distributions of 7.10% ($1.775) per annum semi-annually on 6/1 & 12/1 to holders of record on the business day immediately prior to the payment date. Distributions paid by the certificates are interest and as such are NOT eligible for the 15% tax rate on dividends and is also NOT eligible for the dividend received deduction for corporate holders. Ratings of the certificates at the IPO are BBB- by S&P and Baa3 by Moody’s. See page S-46 of the prospectus for a discussion of the tax considerations of the PPLUS certificates. See the IPO prospectus for further information on the PPLUS Certificates and the call warrant provisions by clicking on the ‘Link to IPO Prospectus’ provided below. The CenturyTel acquisition of EMBARQ was completed on July 1, 2009.
Stock
Exchange
Cpn Rate
Ann Amt
LiqPref
CallPrice
Call Date
Matur Date
Moodys/S&P
Dated
Distribution Dates 15%
Tax Rate
NYSE
Chart
7.10%
$1.775
$25.00
$25.00
Called for
3/18/2013

6/01/2036
Baa3 BB
3/06/2013
6/1 & 12/1
Click for MW ExDiv Date
Click for Yahoo ExDiv Date
No

Go to Parent Company's Record (LUMN)

IPO - 6/7/2007 - 1.00 Million Certificates @ $25.00/cert.    Link to IPO Prospectus
Market Value $25.0 Million

Company's Online Information Links
HOME PAGE:     http://www.ml.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:   World Financial Center, North Tower, New York, NY 10281
Main Phone Number 212-449-1000
Fax Number Not Available

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