May 14, 2004 -- Corporate-Backed Trust Securities (CorTS®) Class A Certificates, CorTS® Trust for GE Global Insurance Notes, CUSIP 12617F205 and New York Stock Exchange symbol KVP, which has been established by Structured Products Corp., announced that because GE Global Insurance Holding Corporation elected to suspend its duty to file periodic reports under certain sections of the Securities Exchange Act of 1934, the securities held by the trust established by Structured Products Corp. are to be liquidated. On May 14, 2004, U.S. Bank Trust National Association, as trustee, requested bids for the sale of the securities held by the trust. The sale of the securities is scheduled to settle on May 19, 2004. On May 19, 2004, U.S. Bank Trust National Association, as trustee, is scheduled to receive $108,247,166.34 as proceeds from the sale of the securities held by the trust, and holders of the Class A Certificates are expected to receive $25.40 per $25 certificate. The remaining proceeds will be distributed to holders of the Class B Certificates and the Call Warrants. Following the distribution, the trust established by Structured Products Corp. will terminate and the Class A Certificates, Class B Certificates and Call Warrants will be cancelled. The trust has issued Class A Certificates relating in the aggregate to $103,525,000 principal amount of 7.00% Notes due February 15, 2026 issued by GE Global Insurance Holding Corporation.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Structured Products Corp., 6.25% CorTS (Corporate-Backed Trust Securities) Certificates, principal amount $25 per certificate, issued by CorTS Trust for GE Global Insurance Notes, the Trust. The underlying securities are the 7.00% Notes due 2/15/2026 issued by GE Global Insurance Holding Corp., a wholly-owned subsidiary of General Electric Co. (NYSE: GE). The CorTS certificates will pay 6.25% interest semiannually on 2/15 & 8/15 to holders of record on the day immediately prior to the payment date. The CorTS are redeemable on or after 10/30/2007 under the call warrants at $25 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 Aa1 (on watch for possible downgrade) by Moody's and AA- Credit Watch Negative by S&P to be issued. See the IPO prospectus for further information on the CorTS Certificates by using the link 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 5/19/2004 2/15/2026	A1 A- 11/08/2003	2/15 & 8/15 Click for MW ExDiv Date Click for Yahoo ExDiv Date	No

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