X0203 0000876661 NEW YORK STOCK EXCHANGE INC 894356 STRUCTURED PRODUCTS CORP 001-13668

390 Greenwich Street New York NY NEW YORK 10013

8.072% Corporate-Backed Trust Securities (CorTS) Certificates, (Issued by Trust III for SAFECO Capital Trust I, the Trust) 17 CFR 240.12d2-2(a)(1) Paras Madho Director 2007-07-26