<SEC-DOCUMENT>0001174947-11-000250.txt : 20110627
<SEC-HEADER>0001174947-11-000250.hdr.sgml : 20110627
<ACCEPTANCE-DATETIME>20110627111059
ACCESSION NUMBER:		0001174947-11-000250
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20110620
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20110627
DATE AS OF CHANGE:		20110627

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MERRILL LYNCH DEPOSITOR INC INDEXPLUS TRUST SERIES 2003-1
		CENTRAL INDEX KEY:			0001267332
		STANDARD INDUSTRIAL CLASSIFICATION:	ASSET-BACKED SECURITIES [6189]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31941
		FILM NUMBER:		11932159

	BUSINESS ADDRESS:	
		STREET 1:		WORLD FINANCIAL CENTER
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10281
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>e44111_8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>

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<P style="TEXT-ALIGN: center">SECURITIES AND EXCHANGE COMMISSION<BR>

WASHINGTON, D. C. 20549<BR>

</P>
<hr size=1 noshade align=CENTER width=150>
<P style="TEXT-ALIGN: center">FORM 8-K<BR>
<BR>
CURRENT REPORT</P>
<P style="TEXT-ALIGN: center">Pursuant to Section 13 or 15(d) of<BR>

The Securities Exchange Act of 1934<BR>

</P>
<hr size=1 noshade align=CENTER width=150>
<P style="TEXT-ALIGN: center">Date of Report (Date of earliest event reported): June 20, 2011<BR>
<BR>
<B>MERRILL LYNCH DEPOSITOR, INC.</B><BR>
<B>(on behalf of INDEXPLUS TRUST SERIES 2003-1)</B><BR>
(Exact name of registrant as specified in its charter)</P>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" cellSpacing=0 border=0 width="100%" cellpadding="0">

  <TR>

    <TD></TD>
    <TD></TD>
    <TD></TD>
  </TR>

  <TR vAlign=bottom align="center">

    <TD width="10%"><B><FONT size=2>Delaware</FONT></B></TD>
    <TD width="10%"><B><FONT size=2>001-31941</FONT></B></TD>
    <TD width="10%"><B><FONT size=2>13-3891329</FONT></B></TD>
  </TR>

  <TR vAlign=bottom align="center">

    <TD><FONT size=2>(State or other</FONT></TD>
    <TD><FONT size=2>(Commission</FONT></TD>
    <TD><FONT size=2>(I. R. S. Employer</FONT></TD>
  </TR>

  <TR vAlign=bottom align="center">

    <TD><FONT size=2>jurisdiction of</FONT></TD>
    <TD><FONT size=2>File Number)</FONT></TD>
    <TD><FONT size=2>Identification No.)</FONT></TD>
  </TR>

  <TR vAlign=bottom align="center">

    <TD><FONT size=2>incorporation)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>

  <TR align="center">

    <TD colSpan=3>&nbsp;</TD>
  </TR>

  <TR vAlign=bottom align="center">

    <TD><B><FONT size=2>World Financial Center,</FONT></B></TD>
    <TD>&nbsp;</TD>
    <TD><B><FONT size=2>10080</FONT></B></TD>
  </TR>

  <TR vAlign=bottom align="center">

    <TD><B><FONT size=2>New York, New York</FONT></B></TD>
    <TD>&nbsp;</TD>
    <TD><FONT size=2>(Zip Code)</FONT></TD>
  </TR>

  <TR vAlign=bottom align="center">

    <TD><FONT size=2>(Address of principal</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>



  <TR vAlign=bottom align="center">

    <TD><FONT size=2>executive offices)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>


</TABLE>
<br>
<hr size=1 noshade align=CENTER width=150>

<p align="center">Registrant&#146;s telephone number, including area code: (212) 449-1000
</p>
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<P style="TEXT-ALIGN: center"><B>INFORMATION TO BE INCLUDED IN REPORT</B></P>
<table border="0" cellspacing="0" cellpadding="0" width="100%">
  <tr>
    <td width="12%"><font face="Times New Roman, Times, serif" size="2"><b>Section 1. </b></font></td>
    <td colspan="2"><font face="Times New Roman, Times, serif" size="2"><b>Registrant&#146;s Business and Operations</b></font></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td colspan="2">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td colspan="2"><font face="Times New Roman, Times, serif" size="2">Not applicable.</font></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td colspan="2">&nbsp;</td>
  </tr>
  <tr>
    <td><font face="Times New Roman, Times, serif" size="2"><b>Section 2. </b></font></td>
    <td colspan="2"><font face="Times New Roman, Times, serif" size="2"><b>Financial Information</b></font></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td colspan="2">&nbsp;</td>
  </tr>
  <tr>
    <td><font size="2"></font></td>
    <td colspan="2"><font face="Times New Roman, Times, serif" size="2">Not applicable.</font></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td colspan="2">&nbsp;</td>
  </tr>
  <tr>
    <td><font face="Times New Roman, Times, serif" size="2"><b>Section 3. </b></font></td>
    <td colspan="2"><font face="Times New Roman, Times, serif" size="2"><b>Securities and Trading Markets</b></font></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td colspan="2">&nbsp;</td>
  </tr>
  <tr>
    <td><font size="2"></font></td>
    <td colspan="2"><font face="Times New Roman, Times, serif" size="2">Not applicable.</font></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td colspan="2">&nbsp;</td>
  </tr>
  <tr>
    <td><font face="Times New Roman, Times, serif" size="2"><b>Section 4. </b></font></td>
    <td colspan="2"><font face="Times New Roman, Times, serif" size="2"><b>Matters Related to Accountants and Financial Statements</b></font></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td colspan="2">&nbsp;</td>
  </tr>
  <tr>
    <td><font size="2"></font></td>
    <td colspan="2"><font face="Times New Roman, Times, serif" size="2">Not applicable.</font></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td colspan="2">&nbsp;</td>
  </tr>
  <tr>
    <td><font face="Times New Roman, Times, serif" size="2"><b>Section 5. </b></font></td>
    <td colspan="2"><font face="Times New Roman, Times, serif" size="2"><b>Corporate Governance and Management</b></font></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td colspan="2">&nbsp;</td>
  </tr>
  <tr>
    <td><font size="2"></font></td>
    <td colspan="2"><font face="Times New Roman, Times, serif" size="2">Not applicable.</font></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td colspan="2">&nbsp;</td>
  </tr>
  <tr>
    <td><font face="Times New Roman, Times, serif" size="2"><b>Section 6. </b></font></td>
    <td colspan="2"><font face="Times New Roman, Times, serif" size="2"><b>Asset-Backed Securities</b></font></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td colspan="2">&nbsp;</td>
  </tr>
  <tr>
    <td><font size="2"></font></td>
    <td colspan="2"><font face="Times New Roman, Times, serif" size="2">Not applicable.</font></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td colspan="2">&nbsp;</td>
  </tr>
  <tr>
    <td><font face="Times New Roman, Times, serif" size="2"><b>Section 7. </b></font></td>
    <td colspan="2"><font face="Times New Roman, Times, serif" size="2"><b>Regulation FD</b></font></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td colspan="2">&nbsp;</td>
  </tr>
  <tr>
    <td><font size="2"></font></td>
    <td colspan="2"><font face="Times New Roman, Times, serif" size="2">Not applicable.</font></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td colspan="2">&nbsp;</td>
  </tr>
  <tr>
    <td><font face="Times New Roman, Times, serif" size="2"><b>Section 8. </b></font></td>
    <td colspan="2"><font face="Times New Roman, Times, serif" size="2"><b>Other Events</b></font></td>
  </tr>
  <tr>
    <td align="center">&nbsp;&nbsp;</td>
    <td colspan="2">&nbsp;&nbsp;</td>
  </tr>
  <tr>
    <td align="center"><font face="Times New Roman, Times, serif" size="2"><b>Item 8.01 </b></font></td>
    <td colspan="2"><font face="Times New Roman, Times, serif" size="2"><b>Other events</b></font></td>
  </tr>
  <tr>
    <td align="center"><font size="2">&nbsp;&nbsp;</font></td>
    <td><font size="2">&nbsp;&nbsp;</font></td>
    <td><font size="2">&nbsp;</font></td>
  </tr>

  <tr>
    <td align="center"><font size="2"></font></td>
    <td width="5%"><font face="Times New Roman, Times, serif" size="2">99.1</font></td>
    <td><font face="Times New Roman, Times, serif" size="2">Distribution to holders of the INDEXPLUS Trust Certificates Series 2003-1 on June 20, 2011.</font></td>
  </tr>
  <tr>
    <td align="center"><font size="2">&nbsp;&nbsp;</font></td>
    <td><font size="2">&nbsp;&nbsp;</font></td>
    <td><font size="2">&nbsp;</font></td>
  </tr>
  <tr>
    <td align="center"><font size="2"></font></td>
    <td colspan="2"><font face="Times New Roman, Times, serif"
size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For information with respect
to the underlying securities held by INDEXPLUS Trust Series 2003-1, please refer
to the respective periodic reports, including annual reports on Form 10-K,
quarterly reports on Form 10-Q, current reports on Form 8-K and other
information on file with the Securities and Exchange Commission (the
&#147;SEC&#148;) of: The Boeing Company (Commission file number 001-00442);
Citigroup Inc. (Commission file number 001-09924); Credit Suisse First Boston
(USA), Inc. (Commission file number 001- 06862); DaimlerChrysler North America
Holding Corporation (Commission file number 333-13160); DaimlerChrysler AG
(Commission file number 001-14561); Ford Motor Company (Commission file number
001-03950); General Electric Capital Corporation (Commission file number
001-06461); General Motors Acceptance Corporation (Commission file number 001-
03754); The Goldman Sachs Group, Inc. (Commission file number 001-14965);
Johnson &amp; Johnson (Commission file number 001-03215); Federated Retail
Holdings, Inc. (Commission file number 333-42940); The May Department Stores
Company, LLC (Commission file number 001-00079);</font></td>
  </tr>




</table>
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    <TD></TD>

    <TD></TD>
  </TR>
<TR vAlign=top>

    <TD width="12%">&nbsp;&nbsp;</TD>

    <TD>


<P>Time Warner Inc. (Commission file number 001-15062); Time Warner Companies,
Inc. (Commission file number 001-08637); Turner Broadcasting System, Inc.
(Commission file number 001-08911); United States Department of Treasury; Valero
Energy Corporation (Commission file number 001-13175); Verizon Communications
Inc. (Commission file number 001- 08606); Verizon Global Funding Corp.
(Commission file number 333-73612); Viacom Inc. (Commission file number 001-
09553); Viacom International Inc. (Commission file number 001-15153) and
Weyerhaeuser Company (Commission file number 001-04825). You can read and copy
these reports and other information at the public reference facilities
maintained by the SEC at Room 1580, 100 F Street, NE, Washington, D.C. 20549.
You may obtain copies of this material for a fee by writing to the SEC&#146;s
Public Reference Section of the SEC at 100 F Street, NE, Washington, D.C. 20549.
You may obtain information about the operation of the Public Reference Room by
calling the SEC at 1-800-SEC-0330. You can also access some of this information
electronically by means of the SEC&#146;s website on the Internet at
http://www.sec.gov, which contains reports, proxy and information statements and
other information that the respective underlying securities issuers have filed
electronically with the SEC.</P>


<P><font face="Times New Roman, Times, serif"
size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>Although we have no
reason to believe the information concerning the underlying securities or the
underlying securities issuers contained in the underlying securities
issuers&#146; Exchange Act reports is not reliable, neither the depositor nor
the trustee participated in the preparation of such documents or made any due
diligence inquiry with respect to the information provided therein. No
investigation with respect to the underlying securities issuers (including,
without limitation, no investigation as to their financial condition or
creditworthiness) or of the underlying securities has been made. You should
obtain and evaluate the same information concerning the respective underlying
securities issuers as you would obtain and evaluate if you were investing
directly in the respective underlying securities or in other securities issued
by the respective underlying securities issuers. There can be no assurance that
events affecting the respective underlying securities or the respective
underlying securities issuers have not occurred or have not yet been publicly
disclosed which would affect the accuracy or completeness of the publicly
available documents described above.</P>
</TD></TR></TABLE>
<br>
<table border="0" cellspacing="0" cellpadding="0" width="100%">
  <tr>
    <td width="12%"><font face="Times New Roman, Times, serif" size="2"><b>Section 9. </b></font></td>
    <td colspan="3"><font face="Times New Roman, Times, serif" size="2"><b>Financial Statements and Exhibits</b>
</font></td>
  </tr>


  <tr>
    <td align="center"><font size="2">&nbsp;&nbsp;&nbsp;</font></td>
    <td colspan="3"><font size="2">&nbsp;&nbsp;&nbsp;</font></td>
  </tr>



























  <tr>
    <td align="center"><font face="Times New Roman, Times, serif" size="2"><b>Item 9.01 </b></font></td>
    <td colspan="3"><font face="Times New Roman, Times, serif" size="2"><b>Financial Statements and Exhibits</b></font></td>
  </tr>
  <tr>
    <td align="center"><font size="2">&nbsp;&nbsp;</font></td>
    <td><font size="2">&nbsp;&nbsp;</font></td>
    <td colspan="2"><font size="2">&nbsp;&nbsp;</font></td>
  </tr>
  <tr>
    <td align="center">&nbsp;</td>
    <td width="5%"><font face="Times New Roman, Times, serif" size="2">99.1</font></td>
    <td colspan="2"><font face="Times New Roman, Times, serif" size="2">Distribution to holders of the INDEXPLUS Trust Certificates Series 2003-1 on June 20, 2011.</font></td>
  </tr>
  <tr>
    <td align="center"><font size="2">&nbsp;</font></td>
    <td><font size="2">&nbsp;</font></td>
    <td colspan="2"><font size="2">&nbsp;&nbsp;</font></td>
  </tr>

  <tr>
    <td align="center"><font size="2"></font></td>
    <td><font face="Times New Roman, Times, serif" size="2">(a)</font></td>
    <td colspan="2"><font face="Times New Roman, Times, serif" size="2">Financial statements of business acquired.</font></td>
  </tr>
  <tr>
    <td align="center"><font size="2">&nbsp;</font></td>
    <td><font size="2">&nbsp;</font></td>
    <td colspan="2"><font size="2">&nbsp;&nbsp;</font></td>
  </tr>

  <tr>
    <td align="center"><font size="2"></font></td>
    <td><font size="2"></font></td>
    <td colspan="2"><font face="Times New Roman, Times, serif" size="2">Not applicable.</font></td>
  </tr>
  <tr>
    <td align="center"><font size="2">&nbsp;</font></td>
    <td><font size="2">&nbsp;</font></td>
    <td colspan="2"><font size="2">&nbsp;&nbsp;</font></td>
  </tr>

  <tr>
    <td align="center"><font size="2"></font></td>
    <td><font face="Times New Roman, Times, serif" size="2">(b)</font></td>
    <td colspan="2"><font face="Times New Roman, Times, serif" size="2">Pro forma financial information.</font></td>
  </tr>
  <tr>
    <td align="center"><font size="2">&nbsp;</font></td>
    <td><font size="2">&nbsp;</font></td>
    <td colspan="2"><font size="2">&nbsp;&nbsp;</font></td>
  </tr>

  <tr>
    <td align="center"><font size="2"></font></td>
    <td><font size="2"></font></td>
    <td colspan="2"><font face="Times New Roman, Times, serif" size="2">Not applicable.</font></td>
  </tr>
  <tr>
    <td align="center"><font size="2">&nbsp;</font></td>
    <td><font size="2">&nbsp;</font></td>
    <td colspan="2"><font size="2">&nbsp;&nbsp;</font></td>
  </tr>

  <tr>
    <td align="center"><font size="2"></font></td>
    <td><font face="Times New Roman, Times, serif" size="2">(c)</font></td>
    <td colspan="2"><font face="Times New Roman, Times, serif" size="2">Shell company transactions.</font></td>
  </tr>
  <tr>
    <td align="center"><font size="2">&nbsp;</font></td>
    <td><font size="2">&nbsp;</font></td>
    <td colspan="2"><font size="2">&nbsp;&nbsp;</font></td>
  </tr>

  <tr>
    <td align="center"><font size="2"></font></td>
    <td><font size="2"></font></td>
    <td colspan="2"><font face="Times New Roman, Times, serif" size="2">Not applicable</font></td>
  </tr>
  <tr>
    <td align="center"><font size="2">&nbsp;</font></td>
    <td><font size="2">&nbsp;</font></td>
    <td colspan="2"><font size="2">&nbsp;&nbsp;</font></td>
  </tr>

  <tr>
    <td align="center"><font size="2"></font></td>
    <td><font face="Times New Roman, Times, serif" size="2">(d)</font></td>
    <td colspan="2"><font face="Times New Roman, Times, serif" size="2">Exhibits.</font></td>
  </tr>
  <tr>
    <td align="center"><font size="2">&nbsp;</font></td>
    <td><font size="2">&nbsp;</font></td>
    <td colspan="2"><font size="2">&nbsp;&nbsp;</font></td>
  </tr>
  <tr>
    <td align="center"><font size="2"></font></td>
    <td><font size="2"></font></td>
    <td width="5%"><font face="Times New Roman, Times, serif" size="2">99.1 </font></td>
    <td><font face="Times New Roman, Times, serif" size="2">Trustee&#146;s report in respect of the June 20, 2011 distribution to holders of the INDEXPLUS Trust Certificates Series 2003-1.</font></td>
  </tr>







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<P style="TEXT-ALIGN: center"><B>SIGNATURES</B></P>
<P style="TEXT-ALIGN: left">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.</P>
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    <td></td>
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    <td></td>
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  <tr valign="bottom">
    <td width="65%" align=left>&nbsp; </td>
    <td align=left>&nbsp; </td>
    <td align=left colspan=2> <font size=2>MERRILL LYNCH DEPOSITOR, INC.</font></td>
  </tr>
  <tr>
    <td colspan=4>&nbsp; </td>
  </tr>
  <tr valign="bottom">
    <td align=left> <font size=2>Date: June 24, 2011</font></td>
    <td align=left nowrap><font size=2>By:</font>&nbsp;&nbsp;&nbsp;</td>
    <td colspan="2" align=left> <font size=2>/s/ John Marciano</font></td>
  </tr>
  <tr valign="bottom">
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
    <td align=left colspan=2>
      <hr size="1" noshade>
    </td>
  </tr>
  <tr valign="bottom">
    <td align=left>&nbsp; </td>
    <td align=left>&nbsp; </td>
    <td align=left colspan=2> <font size=2>Name: John Marciano</font></td>
  </tr>
  <tr valign="bottom">
    <td align=left>&nbsp; </td>
    <td align=left>&nbsp; </td>
    <td align=left colspan=2> <font size=2>Title: Vice President</font></td>
  </tr>
</table>

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<P style="TEXT-ALIGN: center"><B>EXHIBIT INDEX</B></P>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" cellSpacing=0 border=0>

  <TR>

    <TD vAlign=top nowrap width="2%">99.1&nbsp; &nbsp; &nbsp; </TD>
    <TD width="98%">Trustee&#146;s report in respect of the June 20, 2011 distribution to holders of the INDEXPLUS Trust Certificates Series 2003-1. </TD>
  </TR>

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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>e44111ex99_1.htm
<DESCRIPTION>TRUSTEE'S REPORT
<TEXT>

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<P style="TEXT-ALIGN: center"><B>EXHIBIT 99.1</B></P>
<P style="TEXT-ALIGN: center"><B>DISTRIBUTION REPORT</B><BR>
<B>FOR</B><BR>
<B>INDEXPLUS TRUST SERIES 2003-1</B></P>
<P style="TEXT-ALIGN: center"><B>DISTRIBUTION DATE</B><BR>
<B>June 20, 2011</B><BR>
<B>CUSIP NUMBER 45408V203</B></P>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" cellSpacing=0 border=0>
<TR>
     <TD vAlign=top nowrap width="2%">(i)&nbsp; &nbsp; &nbsp; </TD>
     <TD width="98%">the amounts received by the Trustee as of the last such statement in respect of principal, interest and premium on the &#147;Underlying Securities&#148; (see following chart): </TD></TR>
<TR>
     <TD width="100%" colSpan=2>&nbsp;</TD></TR></TABLE>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" cellSpacing=0 border=0 width="300" cellpadding="0" align="center">

<TR>

    <TD></TD>

    <TD></TD>
  </TR>
<TR vAlign=bottom>

    <TD align=left><FONT size=2>Interest:</FONT></TD>

    <TD align=right><B><FONT size=2>$1,134,715.78</FONT></B></TD>
  </TR>
<TR vAlign=bottom>

    <TD align=left><FONT size=2>Principal:</FONT></TD>

    <TD align=right><B><FONT size=2>0.00</FONT></B></TD>
  </TR>
<TR vAlign=bottom>

    <TD align=left><FONT size=2>Premium:</FONT></TD>

    <TD align=right><B><FONT size=2>0.00</FONT></B></TD>
  </TR></TABLE><BR>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" cellSpacing=0 border=0>
<TR>
     <TD vAlign=top nowrap width="2%">(ii)&nbsp; &nbsp; &nbsp; </TD>
     <TD width="98%">the amounts of compensation received by the Trustee for the period relating to such Distribution Date: </TD></TR>
<TR>
     <TD width="100%" colSpan=2>&nbsp;</TD></TR></TABLE>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" cellSpacing=0 border=0 width="300" cellpadding="0" align="center">

  <TR>

    <TD></TD>
    <TD></TD>
  </TR>

  <TR vAlign=bottom>

    <TD align=left><FONT size=2>Paid by the Trust:</FONT></TD>
    <TD align=right><B><FONT size=2>$0.00</FONT></B></TD>
  </TR>

  <TR vAlign=bottom>

    <TD align=left><FONT size=2>Paid by the Depositor:</FONT></TD>
    <TD align=right><font size=2></font><b><font size=2>$3,500.00</font></b></TD>
  </TR>
</TABLE>
<BR>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" cellSpacing=0 border=0>
<TR>
     <TD vAlign=top nowrap width="2%">(iii)&nbsp; &nbsp; &nbsp; </TD>
     <TD width="98%">the amount of distribution on such Distribution Date to Holders allocable to principal of and premium, if any, and interest on the Certificates and the amount of aggregate unpaid interest accrued as of such Distribution Date: </TD></TR>
<TR>
     <TD width="100%" colSpan=2>&nbsp;</TD></TR></TABLE>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" cellSpacing=0 border=0 width="300" cellpadding="0" align="center">

  <TR>

    <TD></TD>
    <TD></TD>
  </TR>

  <TR vAlign=bottom>

    <TD align=left><FONT size=2>Interest:</FONT></TD>
    <TD align=right><B><FONT size=2>$1,134,715.69</FONT></B></TD>
  </TR>

  <TR vAlign=bottom>

    <TD align=left><FONT size=2>Principal:</FONT></TD>
    <TD align=right><B><FONT size=2>$0.00</FONT></B></TD>
  </TR>

  <TR>

    <TD colSpan=2>&nbsp;</TD>
  </TR>

  <TR vAlign=bottom>

    <TD align=left><FONT size=2>Unpaid Interest Accrued: </FONT><B></B></TD>
    <TD align=right><b><font size=2>$0.00</font></b></TD>
  </TR>
</TABLE>
<BR>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" cellSpacing=0 border=0>
<TR>
     <TD vAlign=top nowrap width="2%">(iv)&nbsp; &nbsp; &nbsp; </TD>
     <TD width="98%">see the following chart for the aggregate stated principal amount of the Underlying Securities related to such Series, the current interest rate or rates thereon at the close of business on such Distribution Date and the current rating assigned to the Certificates. </TD></TR>
<TR>
     <TD width="100%" colSpan=2>&nbsp;</TD></TR>
<TR>
     <TD vAlign=top nowrap width="2%">(v)&nbsp; &nbsp; &nbsp; </TD>
     <TD width="98%">the aggregate Certificate Principal Balance of such Series at the close of business on such Distribution Date. </TD></TR>
<TR>
     <TD width="100%" colSpan=2>&nbsp;</TD></TR></TABLE>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" cellSpacing=0 border=0 width="300" cellpadding="0" align="center">

  <TR>

    <TD width="218"></TD>
    <TD width="82"></TD>
  </TR>

  <TR vAlign=bottom>

    <TD align=left width="218"><FONT size=2>($25 Stated Amount)</FONT></TD>
    <TD align=right width="82">&nbsp;</TD>
  </TR>

  <TR vAlign=bottom>

    <TD align=left width="218"><FONT size=2>Initial Principal Balance:</FONT></TD>
    <TD align=right width="82"><B><FONT size=2>$37,500,000</FONT></B></TD>
  </TR>

  <TR vAlign=bottom>

    <TD align=left width="218"><FONT size=2>Reduction:</FONT></TD>
    <TD align=right width="82"><B><FONT size=2>(0)</FONT></B></TD>
  </TR>

  <TR>

    <TD width="218">&nbsp;</TD>
    <TD align="right" width="82">
      <HR noshade SIZE=1>

</TD>
  </TR>

  <TR vAlign=bottom>

    <TD align=left width="218"><FONT size=2>Principal Balance 06/20/11: </FONT><B></B></TD>
    <TD align=right width="82"><b><font size=2>$37,500,000</font></b></TD>
  </TR>
</TABLE>

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<BR>
<P style="TEXT-ALIGN: left"><B><U>Amounts Received Per Issuer:</U></B></P>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" cellSpacing=0 border=0 width="600" cellpadding="0" align="center">

  <TR>

    <TD width="494"></TD>
    <TD width="106"></TD>
  </TR>




  <TR vAlign=bottom>

    <TD align=center width="494"><B><FONT size=2>Issuer</FONT></B>
      <hr noshade size=1 width="60">
    </TD>
    <TD align=center width="106"><B><FONT size=2>Interest <br>
      Collected </FONT></B>
      <hr noshade size=1>
    </TD>
  </TR>



  <TR vAlign=bottom>

    <TD align=center width="494"><FONT size=2>The Boeing Company</FONT></TD>
    <TD align=right width="106"><FONT size=2>$67,773.13</FONT></TD>
  </TR>

  <TR vAlign=bottom>

    <TD align=center width="494"><FONT size=2>Citigroup Inc.</FONT></TD>
    <TD align=right width="106"><FONT size=2>$65,006.88</FONT></TD>
  </TR>

  <TR vAlign=bottom>

    <TD align=center width="494"><FONT size=2>Credit Suisse First Boston (USA), Inc.</FONT></TD>
    <TD align=right width="106"><FONT size=2>$78,838.13</FONT></TD>
  </TR>

  <TR vAlign=bottom>

    <TD align=center width="494"><FONT size=2>DaimlerChrysler AG</FONT></TD>
    <TD align=right width="106"><FONT size=2>$94,052.50</FONT></TD>
  </TR>

  <TR vAlign=bottom>

    <TD align=center width="494"><FONT size=2>Ford Motor Company</FONT></TD>
    <TD align=right width="106"><FONT size=2>$82,434.25</FONT></TD>
  </TR>

  <TR vAlign=bottom>

    <TD align=center width="494"><FONT size=2>General Electric Capital Corporation</FONT></TD>
    <TD align=right width="106"><FONT size=2>$74,688.75</FONT></TD>
  </TR>

  <TR vAlign=bottom>

    <TD align=center width="494"><FONT size=2>General Motors Acceptance Corporation</FONT></TD>
    <TD align=right width="106"><FONT size=2>$88,520.00</FONT></TD>
  </TR>

  <TR vAlign=bottom>

    <TD align=center width="494"><FONT size=2>The Goldman Sachs Group, Inc.</FONT></TD>
    <TD align=right width="106"><FONT size=2>$67,773.13</FONT></TD>
  </TR>

  <TR vAlign=bottom>

    <TD align=center width="494"><FONT size=2>Johnson &amp; Johnson</FONT></TD>
    <TD align=right width="106"><FONT size=2>$54,771.75</FONT></TD>
  </TR>

  <TR vAlign=bottom>

    <TD align=center width="494"><FONT size=2>Federated Retail Holdings, Inc.</FONT></TD>
    <TD align=right width="106"><FONT size=2>$76,348.50</FONT></TD>
  </TR>

  <TR vAlign=bottom>

    <TD align=center width="494"><FONT size=2>Time Warner Companies, Inc.</FONT></TD>
    <TD align=right width="106"><FONT size=2>$73,305.63</FONT></TD>
  </TR>

  <TR vAlign=bottom>

    <TD align=center width="494"><FONT size=2>Valero Energy Corporation</FONT></TD>
    <TD align=right width="106"><FONT size=2>$82,987.50</FONT></TD>
  </TR>

  <TR vAlign=bottom>

    <TD align=center width="494"><FONT size=2>Verizon Communications Inc.</FONT></TD>
    <TD align=right width="106"><FONT size=2>$85,753.75</FONT></TD>
  </TR>

  <TR vAlign=bottom>

    <TD align=center width="494"><FONT size=2>Viacom Inc.</FONT></TD>
    <TD align=right width="106"><FONT size=2>$60,857.50</FONT></TD>
  </TR>

  <TR vAlign=bottom>

    <TD align=center width="494"><FONT size=2>Weyerhaeuser Company</FONT></TD>
    <TD align=right width="106"><FONT size=2>$81,604.38</FONT></TD>
  </TR>

  <TR>

    <TD width="494">&nbsp;</TD>
    <TD align="right" width="106">
      <HR noshade SIZE=1>

</TD>
  </TR>

  <TR vAlign=bottom>

    <TD align=left width="494">&nbsp;</TD>
    <TD align=right width="106"><FONT size=2>$1,134,715.78</FONT></TD>
  </TR>
</TABLE>

<HR align=center width="100%" noshade SIZE=5>
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<DIV title="EE+ Page Break" style="FONT-SIZE: 1pt; PAGE-BREAK-AFTER: always; WIDTH: 100%; HEIGHT: 1px"></DIV>
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<BR>
<P style="text-align: left;"> <B><U>Principal Amounts, Rates &amp; Current Ratings:</U></B></P>
<TABLE border=0 cellspacing=0 style="font-family: 'Times New Roman';font-size: 10pt;" cellpadding="2" width=100%>

  <TR>

    <TD></TD>
    <TD></TD>
    <TD></TD>
    <TD></TD>
    <TD></TD>
    <TD></TD>
  </TR>

  <TR valign="bottom">

    <TD align=center> <B><FONT size=2>Issuer</FONT></B>
      <hr noshade size=1 width="20%">
    </TD>
    <TD align=left width="12%">&nbsp; </TD>
    <TD align=center width="12%"> <B><FONT size=2>Rate</FONT></B>
      <hr noshade size=1 width="90%">
    </TD>
    <TD align=center width="12%"> <B><FONT size=2>CUSIP</FONT></B>
      <hr noshade size=1 width="90%">
    </TD>
    <TD align=center width="12%"> <B><FONT size=2>Moody's</FONT></B>
      <hr noshade size=1 width="90%">
    </TD>
    <TD align=center width="12%"> <B><FONT size=2>S&amp;P</FONT></B>
      <hr noshade size=1 width="90%">
    </TD>
  </TR>



  <TR valign="bottom">

    <TD align=center> <FONT size=2>The Boeing Company</FONT></TD>
    <TD align=center> <FONT size=2>&#36;2,213,000</FONT></TD>
    <TD align=center> <FONT size=2>6.125%</FONT></TD>
    <TD align=center> <FONT size=2>097-023-AU9</FONT></TD>
    <TD align=center> <FONT size=2>A2</FONT></TD>
    <TD align=center> <FONT size=2>A</FONT></TD>
  </TR>

  <TR valign="bottom">

    <TD align=center> <FONT size=2>Citigroup Inc.</FONT></TD>
    <TD align=center> <FONT size=2>&#36;2,213,000</FONT></TD>
    <TD align=center> <FONT size=2>5.875%</FONT></TD>
    <TD align=center> <FONT size=2>172-967-BU4</FONT></TD>
    <TD align=center> <FONT size=2>Baa1</FONT></TD>
    <TD align=center> <FONT size=2>A-</FONT></TD>
  </TR>

  <TR valign="bottom">

    <TD align=center> <FONT size=2>Credit Suisse First Boston (USA), Inc.</FONT></TD>
    <TD align=center> <FONT size=2>&#36;2,213,000</FONT></TD>
    <TD align=center> <FONT size=2>7.125%</FONT></TD>
    <TD align=center> <FONT size=2>225-41L-AE3</FONT></TD>
    <TD align=center> <FONT size=2>Aa1</FONT></TD>
    <TD align=center> <FONT size=2>A+</FONT></TD>
  </TR>

  <TR valign="bottom">

    <TD align=center> <FONT size=2>DaimlerChrysler AG</FONT></TD>
    <TD align=center> <FONT size=2>&#36;2,213,000</FONT></TD>
    <TD align=center> <FONT size=2>8.500%</FONT></TD>
    <TD align=center> <FONT size=2>233-835-AQ0</FONT></TD>
    <TD align=center> <FONT size=2>A3</FONT></TD>
    <TD align=center> <FONT size=2>BBB+</FONT></TD>
  </TR>

  <TR valign="bottom">

    <TD align=center> <FONT size=2>Ford Motor Company</FONT></TD>
    <TD align=center> <FONT size=2>&#36;2,213,000</FONT></TD>
    <TD align=center> <FONT size=2>7.450%</FONT></TD>
    <TD align=center> <FONT size=2>345-370-CA6</FONT></TD>
    <TD align=center> <FONT size=2>Ba3</FONT></TD>
    <TD align=center> <FONT size=2>B+</FONT></TD>
  </TR>

  <TR valign="bottom">

    <TD align=center> <FONT size=2>General Electric Capital Corporation</FONT></TD>
    <TD align=center> <FONT size=2>&#36;2,213,000</FONT></TD>
    <TD align=center> <FONT size=2>6.750%</FONT></TD>
    <TD align=center> <FONT size=2>369-62G-XZ2</FONT></TD>
    <TD align=center> <FONT size=2>Aa2</FONT></TD>
    <TD align=center> <FONT size=2>AA+</FONT></TD>
  </TR>



  <TR valign="bottom">

    <TD align=center> <FONT size=2>General Motors Acceptance <br>
      Corporation </FONT></TD>
    <TD align=center> <FONT size=2>&#36;2,213,000</FONT></TD>
    <TD align=center> <FONT size=2>8.000%</FONT></TD>
    <TD align=center> <FONT size=2>370-425-RZ5</FONT></TD>
    <TD align=center> <FONT size=2>B1</FONT></TD>
    <TD align=center> <FONT size=2>B+</FONT></TD>
  </TR>

  <TR valign="bottom">

    <TD align=center> <FONT size=2>The Goldman Sachs Group, Inc.</FONT></TD>
    <TD align=center> <FONT size=2>&#36;2,213,000</FONT></TD>
    <TD align=center> <FONT size=2>6.125%</FONT></TD>
    <TD align=center> <FONT size=2>381-41G-CU6</FONT></TD>
    <TD align=center> <FONT size=2>A1</FONT></TD>
    <TD align=center> <FONT size=2>A</FONT></TD>
  </TR>

  <TR valign="bottom">

    <TD align=center> <FONT size=2>Johnson &amp; Johnson</FONT></TD>
    <TD align=center> <FONT size=2>&#36;2,213,000</FONT></TD>
    <TD align=center> <FONT size=2>4.950%</FONT></TD>
    <TD align=center> <FONT size=2>478-160-AL8</FONT></TD>
    <TD align=center> <FONT size=2>Aaa</FONT></TD>
    <TD align=center> <FONT size=2>AAA</FONT></TD>
  </TR>

  <TR valign="bottom">

    <TD align=center> <FONT size=2>Federated Retail Holdings, Inc.</FONT></TD>
    <TD align=center> <FONT size=2>&#36;2,213,000</FONT></TD>
    <TD align=center> <FONT size=2>6.900%</FONT></TD>
    <TD align=center> <FONT size=2>577-778-BQ5</FONT></TD>
    <TD align=center> <FONT size=2>Ba1</FONT></TD>
    <TD align=center> <FONT size=2>BBB-</FONT></TD>
  </TR>

  <TR valign="bottom">

    <TD align=center> <FONT size=2>Time Warner Companies, Inc.</FONT></TD>
    <TD align=center> <FONT size=2>&#36;2,213,000</FONT></TD>
    <TD align=center> <FONT size=2>6.625%</FONT></TD>
    <TD align=center> <FONT size=2>887-315-BN8</FONT></TD>
    <TD align=center> <FONT size=2>Baa2</FONT></TD>
    <TD align=center> <FONT size=2>BBB</FONT></TD>
  </TR>

  <TR valign="bottom">

    <TD align=center> <FONT size=2>Valero Energy Corporation</FONT></TD>
    <TD align=center> <FONT size=2>&#36;2,213,000</FONT></TD>
    <TD align=center> <FONT size=2>7.500%</FONT></TD>
    <TD align=center> <FONT size=2>919-13Y-AE0</FONT></TD>
    <TD align=center> <FONT size=2>Baa2</FONT></TD>
    <TD align=center> <FONT size=2>BBB</FONT></TD>
  </TR>

  <TR valign="bottom">

    <TD align=center> <FONT size=2>Verizon Global Funding Corporation</FONT></TD>
    <TD align=center> <FONT size=2>&#36;2,213,000</FONT></TD>
    <TD align=center> <FONT size=2>7.750%</FONT></TD>
    <TD align=center> <FONT size=2>923-44G-AS5</FONT></TD>
    <TD align=center> <FONT size=2>A3</FONT></TD>
    <TD align=center> <FONT size=2>A-</FONT></TD>
  </TR>

  <TR valign="bottom">

    <TD align=center> <FONT size=2>Viacom Inc.</FONT></TD>
    <TD align=center> <FONT size=2>&#36;2,213,000</FONT></TD>
    <TD align=center> <FONT size=2>5.500%</FONT></TD>
    <TD align=center> <FONT size=2>925-524-AV2</FONT></TD>
    <TD align=center> <FONT size=2>Baa3</FONT></TD>
    <TD align=center> <FONT size=2>BBB-</FONT></TD>
  </TR>

  <TR valign="bottom">

    <TD align=center> <FONT size=2>Weyerhaeuser Company</FONT></TD>
    <TD align=center> <FONT size=2>&#36;2,213,000</FONT></TD>
    <TD align=center> <FONT size=2>7.375%</FONT></TD>
    <TD align=center> <FONT size=2>962-166-BR4</FONT></TD>
    <TD align=center> <FONT size=2>Ba1</FONT></TD>
    <TD align=center> <FONT size=2>BBB-</FONT></TD>
  </TR>

  <TR valign="bottom">

    <TD align=center> <FONT size=2>United States Department of Treasury</FONT></TD>
    <TD align=center> <FONT size=2>&#36;4,305,000</FONT></TD>
    <TD align=center> <FONT size=2>0.000%</FONT></TD>
    <TD align=center> <FONT size=2>912-803-CH4</FONT></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
  </TR>


  <TR valign="bottom">

    <TD align=left>&nbsp; </TD>
    <TD align=center> <FONT size=2>&#36;37,500,000</FONT></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
  </TR>

</TABLE>

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</SEC-DOCUMENT>
