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8-K - LEHMAN ABS CORP GOLDMAN SACHS CAP 1 SEC BCK SER 2004-7 CLASS A1mm02-2410goldman0407_8k.txt

                                                                    Exhibit 99.1

                        TRUSTEE'S DISTRIBUTION STATEMENT

To the Holders of:
Corporate Backed Trust Certificates, Goldman Sachs Capital I Securities-Backed
Series 2004-7
*CUSIP:    21988K834       Class     A-1
           21988KAN7       Class     A-2

In accordance with the Standard Terms for Trust Agreements, U.S. Bank Trust
National Association, as Trustee, submits the following cash basis statement for
the period ending February 16, 2010.

INTEREST ACCOUNT
----------------


Balance as of August 15, 2009................................             $0.00
         Scheduled Income received on securities.............       $951,750.00
         Unscheduled Income received on securities...........             $0.00
         Contribution from Trustee...........................             $0.00

LESS:
         Distribution to Class A-1 Holders...................      -$945,000.00
         Distribution to Class A-2 Holders...................        -$5,612.00
         Distribution to Class A-2 Holders of Amortization...        -$1,138.00
         Distribution to Depositor...........................            -$0.00
         Distribution to Trustee.............................             $0.00
Balance as of February 16, 2010..............................             $0.00


PRINCIPAL ACCOUNT
-----------------

Balance as of August 15, 2009................................             $0.00
         Scheduled Principal received on securities..........             $0.00

LESS:
         Distribution to Holders.............................            -$0.00
Balance as of February 16, 2010..............................             $0.00

               UNDERLYING SECURITIES HELD AS OF February 16, 2010

           Principal
            Amount                      Title of Security
           ---------                    -----------------
          $30,000,000       Goldman Sachs Capital I 6.345% Capital Securities
                            due February 15, 2034
                            *CUSIP:     38143VAA7

U.S. Bank Trust National Association, as Trustee

*The Trustee shall not be held responsible for the selection or use of the CUSIP
numbers nor is any representation made as to its correctness. It is included
solely for the convenience of the Holders