Conditional Full Redemption of Trust Certificates (TRUCs), Series 2002-1 Trust; 1,280,000 $25 Par Class A-1 Certificates CUSIP No. 89826W104* (NYSE: TZK); $130,000 Principal Amount Uncertificated Class A-2 Certificates

NEW YORK, NY--(Marketwire - Oct 2, 2012) -  U.S. Bank Trust National Association, as Trustee, under the Standard Terms for Trust Agreements dated as of June 19, 2001, between Bear Stearns Depositor Inc., as Depositor, and U.S. Bank Trust National Association, as Trustee, as supplemented by the Series Supplement for the Trust Certificates (TRUCs) Series 2002-1 dated as of March 28, 2002 (the "Trust Agreement") in respect of the Trust Certificates (TRUCs) Series 2002-1 Trust (the "Trust"), received notice that the Call Warrants holder has exercised its right to purchase the entire $32,130,000 principal amount of Underlying Securities of the Trust on October 10, 2012 (the "Call Date").

THE EXERCISE OF THE CALL WARRANTS IS CONDITIONAL UPON RECEIPT BY THE TRUSTEE OF THE CALL PRICE WITH RESPECT TO SUCH EXERCISE ON THE CALL 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 Call Date, then the Trustee will redeem all of the 1,280,000 total outstanding Class A-1 Certificates on the Call Date at a price of $25 plus accrued interest of $0.775347219 per Class A-1 Certificate and all of the $130,000 principal amount total outstanding uncertificated Class A-2 Certificates will be retired without payment. No interest will accrue on the Class A-1 Certificates after the Call Date. If the Trustee does not receive the call price by 10:00 a.m. (New York City time) on the Call Date, then (i) the Class A-1 Certificates and Class A-2 Certificates will remain outstanding as if no exercise notice had been given with the Class A-1 Certificates continuing to accrue interest, and (ii) the Call Warrants holder may elect to deliver 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 redemption, Certificate Holders with questions may contact our Bondholder Services at (800) 934-6802.

*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 this notice. It is included solely for the convenience of the certificateholders.