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Structured Asset Trust Unit Repackagings (SATURNS); Step Up Callable Trust Units Series 2010-03 (Alcoa) Trust; Receipt of Notice

  Structured Asset Trust Unit Repackagings (SATURNS); Step Up Callable Trust
  Units Series 2010-03 (Alcoa) Trust; Receipt of Notice of Intent to Exercise
  Call Options in Full

Business Wire

NEW YORK -- January 28, 2013

Structured Asset Trust Unit Repackagings (SATURNS), Step Up Callable Trust
Units Series 2010-03 (Alcoa) (the “Trust”) (New York Stock Exchange Ticker
Symbol “MS20B”), announced today that it has received a notice of intent to
exercise 9,250 Call Options representing the right to call $9,250,000
aggregate principal amount of the Alcoa Inc. 6.150% Senior Notes due August
2020 (the “Bonds”) held by the Trust, on February 15, 2013 (the “Intended
Settlement Date”). The Call Options with respect to which the notice of
intended exercise has been received represent 100% of the outstanding Bonds
held by the Trust. The Trust Agreement provides that all outstanding Units
will be redeemed at par ($1,000) plus accrued interest from the available
proceeds of the settlement of the Call Options.

Contact:

Step Up Callable Trust Units Series 2010-03 (Alcoa)
c/o The Bank of New York Mellon
Barclay Street, 7 W
New York, NY 10286
Attn: Dealing & Trading Unit
Tel: 212-815-2896 / 212-815-5837
Fax: 212-815-2830
 
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