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TRUSTEE'S DISTRIBUTION STATEMENT
TO THE HOLDERS OF: 96-DHC-1
The Bank of New York, as Trustee under the
Lehman Corporate Bond Backed
CUSIP NUMBER: 219-87J-AB7
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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 : June 1, 1998
INTEREST ACCOUNT
Balance as of December 19, 1997 0
Schedule Income received on securities...................................................... 533375
Unscheduled Income received on securities................................................... 0
Schedule Interest received from Swap Counterparty........................................... 0
Unscheduled Interest received from Swap Counterparty........................................ 0
Interest Received on sale of Securties...................................................... 0
LESS:
Distribution to Beneficial Holders.............................................. 533375
Distribution to Swap Counterparty............................................... 0
Trustee Fees.................................................................... 0
Fees allocated for third party expenses......................................... 0
Balance as of February 2, 1998 Subtotal 0
PRINCIPAL ACCOUNT
Balance as of August 1, 1998 0
Scheduled Principal payment received on securities......................................... 0
Principal received on sale of securities................................................... 0
LESS:
Distribution to Beneficial Holders.............................................. 0
Distribution to Swap Counterparty............................................... 0
Balance as of February 2, 1998 Subtotal 0
Balance 0
UNDERLYING SECURITIES HELD AS OF: February 2, 1998
Principal Title of Security
Amount DAYTON HUDSON CORPORATION
12550000 CUSIP# : 293-753-BP0
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