Conditional Partial Redemption of CorTS Trust II
for Verizon Global Funding Notes
Class A CUSIP Number: 22082L207*
Class B2 CUSIP Number:22082LAB4
Please forward this notice to all beneficial holders.
August 19, 2010 04:36 PM Eastern Daylight Time
--(EON: Enhanced Online News)--U.S. Bank Trust National Association serves as trustee (the “Trustee”) for the
above-referenced Trust (the “Trust”) formed pursuant to the terms of the Base Trust Agreement dated as of
December 15, 2000, as supplemented by the Series Supplement Series 2003-4, dated as of December 23, 2003
(collectively, the “Trust Agreement”) by and between Structured Products Corporation (the “Depositor”) and the
Trustee. Capitalized terms used herein have the meanings set forth in the Trust Agreement.
The Warrantholder has given notice to the Trustee that the Warrantholder is exercising 35,000 Call Warrants for the
purchase of $35,000,000 principal amount of the Term Assets held by the Trust on Tuesday, August 31, 2010 (the
“Warrant Exercise Date” or “Redemption Date”).
If the Trustee receives the Warrant Exercise Purchase Price by 11:00 a.m. (New York City time) on the
Redemption Date, then (i) 1,400,000 Class A Certificates issued by the Trust will be redeemed on the Redemption
Date at a price of $25.00 per Class A Certificate plus accrued interest of $0.382813 per Class A Certificate to the
Redemption Date and, (ii) 35,000 Class B2 Certificates will be redeemed on the Redemption Date after payment of
the Warrant Class B2 Purchase Price of $187.134728 plus accrued and unpaid interest of $4.062500 per Class B2
Certificate to the Redemption Date.
If the Certificates are redeemed, no interest will accrue on such Certificates after the Redemption Date. If the
Trustee does not receive the Warrant Exercise Purchase Price, then (i) no Certificates issued by the Trust will be
redeemed and they will continue to accrue distributions as if no exercise notice had been given and (ii) the
Warrantholder may elect to deliver a conditio