Notice of CONDITIONAL FULL Redemption of Corporate Backed Trust Certificates, Federal Express Corporation Note-Backed Series 2001-37 Trust 1,010,000 $10 Par ($10,100,000 Certificate Principal Amount) Certificates Due July 1, 2097 CUSIP No. 21988G544* (NYSE: XKO)

(Relating to 1,010,000 Call Warrants Without CUSIP) (Underlying Securities Are $10,300,000 Principal Amount 7.60% Notes Due July 1, 2097 CUSIP No. 313309AP1* Issued by Federal Express Corporation)


NEW YORK, NY--(Marketwired - Nov 20, 2013) - NOTICE IS HEREBY GIVEN, pursuant to the terms of the Standard Terms for Trust Agreements dated as of January 16, 2001, between Lehman ABS Corporation, as Depositor, and U.S. Bank Trust National Association, as Trustee, as supplemented by the Series Supplement, Federal Express Corporation Note-Backed Series 2001-37, dated as of December 27, 2001 (the "Trust Agreement") in respect of the Corporate Backed Trust Certificates, Federal Express Corporation Note-Backed Series 2001-37 Trust (the "Trust"), that certain Call Warrant Holders have exercised their rights to purchase all of the 1,010,000 outstanding ($10,100,000 principal amount) Certificates (the "Certificates") (NYSE: XKO) on November 25, 2013 (the "Call Date" and "Redemption Date") at the related Call Price, and effect an Optional Exchange for the $10,300,000 principal amount Underlying Securities held by the Trust.

THE EXERCISE OF THE CALL WARRANTS IS CONDITIONAL UPON RECEIPT BY THE TRUSTEE OF THE CALL PRICE WITH RESPECT TO SUCH EXERCISE ON THE REDEMPTION DATE. THERE CAN BE NO ASSURANCE THAT THE CALL WARRANTS WILL IN FACT BE EXERCISED ON THE REDEMPTION DATE.

If the Trustee receives the Call Price by 10:00 a.m. (New York City time) on the Redemption Date, then 1,010,000 Certificates described above will be selected for redemption on the Redemption Date at a price of $10.00 principal plus $0.310000000 accrued interest to the Redemption Date per Certificate (the "Call Price"). The total payment of the Redemption Amount on the Certificates will be $10,413,100.00, consisting of $10,100,000.00 principal and $313,100.00 accrued interest on the Certificates (the "Redemption Amount") selected for redemption. No further interest or principal will accrue after the Redemption Date on the Certificates selected for redemption.

If the Trustee does not receive the Call Price, then (i) the Certificates selected for redemption will continue to accrue interest as if no exercise notice had been given and (ii) these and other Warrant Holders may elect to deliver a conditional notice of exercise in the future.

This press release is being issued by U.S. Bank Trust National Association as trustee of the Trust. For more information about this conditional partial redemption, Holders with questions may contact Bondholder Services at (800) 934-6802.

By U.S. Bank Trust National Association, as Trustee

*U.S. Bank shall not be held responsible for the selection or the use of the CUSIP number, nor is any representation made as to its correctness indicated in the Redemption Notice. It is included solely for the convenience of the Holders.

Contact Information:

U.S. Bank
(800) 934-6802