Notice of Conditional Full Redemption of Corporate Backed Trust Certificates, Goldman Sachs Group Note-Backed Series 2003-12 Trust 500,000 (@ $25 Par = $12,500,000 Principal Amount) Class A-1 Certificates due February 15, 2033 CUSIP No. 21988G239* (NYSE Listing JZS) $12,500,000 Notional Amount Class A-2 Certificates Due February 15, 2033 CUSIP No. 21988GCS3*

NEW YORK, NY--(Marketwire - Nov 29, 2012) - 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, in respect to the Trust, dated August 7, 2003 (the "Series Supplement" and together with the Standard Terms, the "Trust Agreement") and the Warrant Agent Agreement, dated as of August 7, 2003 (the "Warrant Agent Agreement"), among the Depositor the Trustee and U.S. Bank as warrant agent (the "Warrant Agent"), that certain Call Warrant Holders have exercised their rights to purchase of an aggregate principal amount of $12,500,000 A-1 Corporate Backed Trust Certificates (the "Class A-1 Certificates") (NYSE: JZS) and an aggregate notional amount of $12,500,000 principal amount Class A-2 Corporate Backed Trust Certificates (the "Class A-2 Certificates") (together, the "Certificates") on December 5, 2012 (the "Call Date" and "Redemption Date") each at the related Call Price, and effect an Optional Exchange for $12,500,000 face amount of the Goldman Sachs Group 6.125% due February 15, 2033 CUSIP 38141GCU6* held as the Underlying Securities 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 500,000 Class A-1 Certificates and $12,500,000 principal amount Class A-2 Certificates described above will be selected for redemption on the Redemption Date at a price of $25.00 principal plus $0.443056 accrued interest to the Redemption Date per Class A-1 Certificate and $35.8525152 interest per $1,000 stated notional amount Class A-2 Certificate (the "Call Price"). The total payment of the Redemption Amount on the Certificates will be $13,169,684.22, consisting of $12,500,000.00 principal and $221,527.78 accrued interest on the Class A-1 Certificates and $448,156.44 interest on the $12,500,000 notional amount Class A-2 Certificates (the "Redemption Amount") selected for redemption. The Class A-2 Certificates are interest-only Certificates and will not receive payment of principal. No interest will accrue on the Certificates after the Redemption Date. 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 Call Warrant Holders may elect to deliver a conditional notices 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.

U.S. Bank Trust National Association, as Trustee

November 29, 2012

*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.