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TRUSTEE'S DISTRIBUTION STATEMENT
THE TO THE HOLDERS OF: 98-NSC-1
BANK OF The Bank of New York, as Trustee under the
NEW Lehman Bros. Lehman Corporate Bond Backed Certificates
YORK Class A2
CUSIP NUMBER: 219-87H-AN5
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: November 15, 2000
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INTEREST ACCOUNT
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Balance as of May 15,2000 $0.00
Schedule Income received on securities........................................ $987,500.00
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:
Distribution to Beneficial Holders............................................ $663,087.00
Distribution to Swap Counterparty............................................. $0.00
Trustee Fees.................................................................. $2,250.00
Fees allocated for third party expenses....................................... $750.00
Balance as of November 15,2000 Subtotal $321,413.00
PRINCIPAL ACCOUNT
Balance as of May 15,2000 $0.00
Scheduled Principal payment received on securities............................ $0.00
Principal received on sale of securities...................................... $0.00
LESS:
Distribution to Beneficial Holders............................................ $321,413.00
Distribution to Swap Counterparty............................................. $0.00
Balance as of November 15,2000 Subtotal $321,413.00
Balance $0.00
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UNDERLYING SECURITIES HELD AS OF: November 15,2000
Principal
Amount Title of Security
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25,000,000 NORFOLK SOUTHERN CORPORATION
CUSIP# : 655-844-AK4