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Conditional Partial Redemption of Trust Certificates (TRUCs), Series 2001-2 Trust CLASS A-1 CERTIFICATES (CUSIP: 89826S202; NYSE: TZF)

Conditional Partial Redemption of Trust Certificates (TRUCs), Series 2001-2 Trust CLASS A-1 CERTIFICATES (CUSIP: 89826S202; NYSE

NEW YORK, NY -- (MARKET WIRE) -- 07/03/07 -- U.S. Bank Trust National Association, as Trustee, under the Standard Terms for Trust Agreements dated as of June 19, 2001, as supplemented by the Series Supplement for the Trust Certificates (TRUCs) Series 2001-2 dated as of July 10, 2001 (the "Trust Agreement") in respect of the Trust Certificates (TRUCs) Series 2001-2 Trust (the "Trust") with Bear Stearns Depositor Inc., as Depositor, received notice that a call warrant holder has exercised its right to purchase 19,979 of the 1,198,760 total outstanding Class A-1 Trust Certificates (TRUCs) Series 2001-2, (NYSE: TZF) (the "Class A-1 Certificates") on July 26, 2007 (the "Redemption Date") at the Call Price and effect an Optional Exchange for the related $500,000 face amount portion of the Underlying Securities.

THE EXERCISE OF THE CALL WARRANTS IS CONDITIONAL UPON RECEIPT BY THE TRUSTEE OF THE WARRANT EXERCISE CALL PRICE WITH RESPECT TO SUCH EXERCISE ON THE REDEMPTION 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 Redemption Date, then the certificates issued by the Trust (the "Certificates") will be redeemed in part on the Redemption Date at a price of $25.00 principal plus $ 0.27118074 accrued interest per Class A-1 Certificate selected for redemption (the "Call Price"). No interest will accrue on the Certificates selected for redemption after the Redemption Date. If the Trustee does not receive the Call Price, then (i) the Certificates issued by the Trust will continue to accrue interest as if no exercise notice had been given and (ii) the call warrant holder may elect to deliver a conditional notice 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, please contact David J. Kolibachuk of U.S. Bank Trust National Association at 212-361-2459.

David J. Kolibachuk
U.S. Bank Trust National Association
212-361-2459

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