CORPORATE BOND BACKED CERT TR SER 1998-ADM 1 - FORM 8-K - EX-99.1 - TRUSTEE'S DISTRIBUTION STATEMENT

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8-K - FORM 8-K - CORPORATE BOND BACKED CERT TR SER 1998-ADM 1	d368895d8k.htm

Exhibit 99.1

TRUSTEE’S DISTRIBUTION STATEMENT

THE
BANK OF
NEW
YORK

TO THE HOLDERS OF:

Corporate Bond-Backed Certificates

Series 1998-ADM-1

Class A-1 Certificates

CUSIP NUMBER: 21987HAS4


In accordance with the Standard Terms, The Bank of New York, as trustee submits the following cash basis statement for the period ending:		June 15, 2012


INTEREST ACCOUNT
Balance as of December 15, 2011		$0.00
Schedule Income received on securities		$730,559.00
Unscheduled Income received on securities		$0.00
Interest Received on sale of Securities		$0.00
LESS:
Distribution to Class A-1 Holders	$727,559.00
Trustee Fees	$2,250.00
Fees allocated for third party expenses	$750.00
Balance as of June 15, 2012	Subtotal	$0.00

PRINCIPAL ACCOUNT
Balance as of December 15, 2011		$0.00
Scheduled Principal payment received on securities		$1,555,122.00
Principal received on sale of securities		$0.00
LESS:
Distribution to Class A-1 Holders	$1,555,122.00
	Subtotal	$0.00
Balance as of June 15, 2012	Balance	$0.00

UNDERLYING SECURITIES HELD AS OF: June 15, 2012

$65,775,000 6.95% Debentures

due 2097 issued by

Archer-Daniels-Midland Company

CUSIP NUMBER: 039483AP7

CORPORATE BOND BACKED CERT TR SER 1998-ADM 1 - FORM 8-K - EX-99.1 - TRUSTEE'S DISTRIBUTION STATEMENT - June 21, 2012