HJD MS Str Saturns AT&T

Structured Asset Trust Unit Repackagings (SATURNS), AT&T Corp. Debenture Backed Series 2003-17 Trust (the "Trust") (New York Stock Exchange Ticker Symbol "HJD"), announced today the liquidating distribution amounts that would be paid in relation to its outstanding Class A and Class B Units on February 8, 2006. As described in an earlier release dated February 2, 2006, a "Trust Wind Up Event" has occurred under the terms of the Trust Agreement governing the Trust and the Trust is liquidating its assets and terminating. Settlement of a sale of the securities held by the Trust will occur on February 8, 2006, and a liquidation distribution will be made with respect to the Units of the Trust on February 8, 2006. In respect of the Class A Units, the amount of the distribution is $25.451 per Class A Unit, representing the full Unit Principal Balance of the Class A Units plus accrued interest in respect of the Class A Units through and excluding February 8, 2006. In respect of the Class B Units, the amount of the distribution is $974.216 per $1,000 Initial Notional Amortizing Balance of Class B Units, representing the full Class B Present Value Amount as determined for value on February 8, 2006. -0- *T CUSIP: 80411H206 (Class A) 80411HAA5 (Class B) Symbol: HJD *T