Lehman Brothers Financial SA (LEHNQ)

[linda1]

The following statement from the Plan Supplement - Docket # 21254, Exhibit # 3 - states that distributions to Equity Interests of record will be based on a " RECORD DATE " - 20th day prior to the date scheduled for the distribution - and not the " EFFECTIVE DATE " .


This implies to me - and I may be incorrect - that the Equity Interests will some day trade again and so the record of Equity Interest as of the " EFFECTIVE DATE " will no longer be valid.



" (b) Manner of Payment or Distribution. All distributions made by the

Trustees to Beneficiaries shall be payable to the holders of Interests of record as of the 20th day

prior to the date scheduled for the distribution, unless such day is not a Business Day, in which

case such day shall be the following Business Day (the “Record Date”). If the distribution shall

be in Cash, the Trustees shall distribute such Cash by wire, check, or such other method as the

Trustees deem appropriate under the circumstances. "