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Structured Asset Trust Unit Repackagings (SATURNS) Series 2004-7 Trust To Make Liquidating Distribution.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Structured Asset Trust Unit Repackagings Structured Asset Trust Unit Repackagings

A synthetic security linked or weak-linked to underlying collateral. Ratings usually reflect the credit quality of the underlying securities.
 (SATURNS SATURNS

See Structured Asset Trust Unit Repackagings.
), AT&T Corp. Debenture Backed Series 2004-7 Trust (the "Trust") (New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 Ticker Symbol "HJM HJM Heath-Jarrow-Morton (model) "), announced today the liquidating distribution amounts that would be paid in relation to its outstanding Class A and Class B Units on February 8, 2006. As described in an earlier release dated February 2, 2006, a "Trust Wind Up Event" has occurred under the terms of the Trust Agreement governing the Trust and the Trust is liquidating its assets and terminating. Settlement of a sale of the securities held by the Trust will occur on February 8, 2006, and a liquidation distribution will be made with respect to the Units of the Trust on February 8, 2006.

In respect of the Class A Units, the amount of the distribution is $25.444 per Class A Unit, representing the full Unit Principal Balance of the Class A Units plus accrued interest in respect of the Class A Units through and excluding February 8, 2006.

In respect of the Class B Units, the amount of the distribution is $834.292 per $1,000 Initial Notional Amortizing Balance of Class B Units, representing the full Class B Present Value Amount as determined for value on February 8, 2006.
CUSIP:    80411Q206 (Class A)
          80411QAA5 (Class B)

Symbol:   HJM
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 6, 2006
Words:219
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