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TRUSTEE'S DISTRIBUTION STATEMENT
THE TO THE HOLDERS OF: 98-ADM-1
BANK OF The Bank of New York, as Trustee under the
NEW Lehman Brothers Racers Series
YORK Class A-1 Certificates
CUSIP NUMBER: 219-87H-AS4
in accordance with the Standard Terms and Conditions of Trust, The Bank of New
York, as trustee submits the following cash basis statement for the period
ending : December 15,2000
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INTEREST ACCOUNT
Balance as of June 15, 2000 .................................................................................. $ 0.00
Schedule Income received on securities ................................................................. $ 2,285,681.25
Unscheduled Income received on securities .............................................................. $ 0.00
Schedule Interest received from Swap Counterparty ...................................................... $ 0.00
Unscheduled Interest received from Swap Counterparty ................................................... $ 0.00
Interest Received on sale of Securties ................................................................. $ 0.00
LESS:
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Distribution to Beneficial Holders ............................................ $ 1,537,446.00
Distribution to Swap Counterparty ............................................. $ 0.00
Trustee Fees .................................................................. $ 2,250.00
Fees allocated for third party expenses ....................................... $ 750.25
Balance as of December 15,2000 ...................................................... Subtotal $ 745,235.00
PRINCIPAL ACCOUNT
Balance as of June 15, 2000 .................................................................................. $ 0.00
Scheduled Principal payment received on securities ..................................................... $ 0.00
Principal received on sale of securities ............................................................... $ 0.00
LESS:
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Distribution to Beneficial Holders .............................................. $ 745,235.00
Distribution to Swap Counterparty ............................................... $ 0.00
Balance as of December 15, 2000 ....................................................... Subtotal $ 745,235.00
Balance $ 0.00
UNDERLYING SECURITIES HELD AS OF: December 15,2000
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Principal Title of Security
Amount ARCHER-DANIELS-MIDLAND CORP
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65,775,000 CUSIP# : 039-483-AP7
