CORPORATE BOND BACKED CERT TR SER 1998-NSC 1 - FORM 8-K - EX-99.1

CORPORATE BOND BACKED CERT TR SER 1998-NSC 1 - FORM 8-K - EX-99.1 - May 29, 2013

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8-K - FORM 8-K - CORPORATE BOND BACKED CERT TR SER 1998-NSC 1	d544156d8k.htm

Exhibit 99.1

TRUSTEE’S DISTRIBUTION STATEMENT

CUSIP NUMBER: 219-87H-AN5


in accordance with the Standard Terms of Trust Agreements, The Bank of New York,
as trustee submits the following cash basis statement for the period ending:		May 15, 2013

INTEREST ACCOUNT
Balance as of November 15, 2012		$0.00
Schedule Income received on securities		$272,485.00
Unscheduled Income received on securities		$0.00
Interest Received on sale of securities		$0.00
LESS:
Distribution to Class A-1 Holders	$269,485.00
Distribution to Swap Counterparty	$0.00
Trustee Fees	$2,250.00
Fees allocated for third party expenses	$750.00
Balance as of May 15, 2013	Subtotal	$0.00

PRINCIPAL ACCOUNT
Balance as of November 15, 2012		$0.00
Scheduled Principal payment received on securities		$715,015.00
Principal received on sale of securities		$0.00
LESS:
Distribution to Class A-1 Holders	$715,015.00
Distribution to Swap Counterparty	$0.00
Balance as of May 15, 2013	Subtotal	$0.00
	Balance	$0.00

UNDERLYING SECURITIES HELD AS OF: May 15, 2013

$25,000,000 7.90% Notes

Issued by

NORFOLK SOUTHERN CORPORATION

CUSIP#: 655-844-AK4

TO THE HOLDERS OF:

BANK OF

Corporate Bond-Backed Certificates

Series 1998-NSC-1

Class A-1 Certificates