March 30, 2006 -- TRUCs Series 2001-1 Trust, which is the issuer of $25,000,000 7.45% Trust Certificates (TRUCs) Series 2001-1 (NYSE ticker symbol: "TZE"), announced today that it will liquidate its assets and terminate the Trust because the issuer of the underlying securities held by the Trust (AT&T Corp.) has ceased reporting under the Securities Act of 1934. AT&T Corp., following its merger with SBC Communications Inc. (now known as AT&T Inc.), has terminated its reporting obligations under the Exchange Act, and it is the stated intention of AT&T Inc. not to provide financial reporting information with respect to AT&T Corp. As a result, the Trust cannot meet its disclosure obligations under the Exchange Act and must terminate. A liquidation distribution is expected to be made on the 7.45% Trust Certificates (TRUCs) Series 2001-1 on the date of settlement following liquidation of the Trust.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Bear Stearns Depositor Inc., 7.45% Trust Certificates (TRUCs), Series 2001-1, Class A-1, 7.45% Coupon, price to the public $25 per certificate. Underlying securities are the 6.50% Notes due 3/15/2029 issued by AT&T Corp., now part of AT&T Inc. (NYSE: T). The certificates pay 7.45% ($1.8625) per annum distributions semiannually on 3/15 & 9/15 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 6/19/2006 at $25 per certificate plus accrued and unpaid interest. Certificate ratings at the IPO were A by S&P and A2 by Moody's. For further information on the TRUCs 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	7.45% $1.8625	$25.00 $25.00	Called for 3/30/2006 3/15/2029	A2 A 1/13/2006	3/15 & 9/15 Click for MW ExDiv Date Click for Yahoo ExDiv Date	No

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Inv Rel Email Address	rhaas_internet@bear.com
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Address:   245 Park Avenue, New York, NY 10167
Main Phone Number	212-272-2000
Fax Number	212-272-4785
Investor Relations   Rebecca Hass	212-272-8188
Toll Free Phone Number	888-473-3819