LEHMAN ABS CORP ROYAL & SUN ALLIANCE BOND BACKED SER 2002 11
Item 1A. Risk Factors. - ----------------------          Not Applicable
Item 2.  Properties. - -------------------          Not Applicable
Item 4.  Submission of Matters to a Vote of Security Holders. - -------------------------------------------------------------          None                                      PART II
Item 6.  Selected Financial Data. - ---------------------------------          Not Applicable
Item 7A. Quantitative and Qualitative Disclosures About Market Risk. - --------------------------------------------------------------------          Not Applicable
Item 9. Changes in and Disagreements With Accountants on Accounting and - ----------------------------------------------------------------------- Financial Disclosure. - ---------------------          None
Item 9B.  Other Information. - ----------------------------          None                                     PART III
3             Not Applicable
Item 12.  Security Ownership of Certain Beneficial Owners and Management and - ---------------------------------------------------------------------------- Related Stock Matters. - ----------------------          Not Applicable
Item 14.  Principal Accounting Fees and Services. - -------------------------------------------------          Not Applicable                                      PART IV
(a)      The following documents have been filed as part of this                   report.                    1.       Trustee's Distribution Statements documented on                            Form 8-K regarding the distributions from the Trust                            to the certificateholders for the period from                            January 1, 2005 through and including December 31,                            2005 have been filed with the Securities and                            Exchange Commission and are hereby incorporated by                            reference. Filing dates are listed below:    - ------------------------------------------------------------------------------------------------------------------                              Trust Description                                 Distribution Date      Filed on - ------------------------------------------------------------------------------------------------------------------    Corporate Backed Trust Certificates, Royal & Sun Alliance Bond-Backed             04/15/2005         04/27/2005 Series 2002-11 Trust                                                              10/15/2005         10/27/2005 - ------------------------------------------------------------------------------------------------------------------                      2.       None.                    3.       Exhibits:                             31.1 - Certification by Senior Vice President of                            the Registrant pursuant to 15 U.S.C. Section 7241,                            as adopted pursuant to Section 302 of the                            Sarbanes-Oxley Act of 2002.                             31.2 - Annual Compliance Report by Trustee pursuant                            to 15 U.S.C. Section 7241, as adopted pursuant to                            Section 302 of the Sarbanes-Oxley Act of 2002.           (b)      See Item 15(a) above.           (c)      Not Applicable.                                          4                                        SIGNATURE          Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.                                          Lehman ABS Corporation, as Depositor                                         for the Trust (the "Registrant")    Dated:  March 27, 2006                  By:    /s/ CHARLES M. WEAVER                                                -------------------------------                                                Name:   Charles M. Weaver                                                Title:  Senior Vice President                                          5                --------------------------------------------------------------------------------------------------------                Reference                Number per                    Description of Exhibits               Item 601 of                                                                      Exhibit Number              Regulation SK                                                                     in this Form 10-K            --------------------------------------------------------------------------------------------------------                                (31.1)      Certification by Senior Vice President of the Registrant                31.1                              pursuant to 15 U.S.C. Section 7241, as adopted pursuant to                              Section 302 of the Sarbanes-Oxley Act of 2002.            --------------------------------------------------------------------------------------------------------                  (31.2)      Annual Compliance Report by Trustee pursuant to 15 U.S.C.                              Section 7241, as adopted pursuant to Section 302 of the                 31.2                              Sarbanes-Oxley Act of 2002.            --------------------------------------------------------------------------------------------------------                                            6    EX-31.1 2 efc6-0768_exhibit311.txt                                                                     Exhibit 31.1                                   CERTIFICATION  I, Charles M. Weaver, certify that:       1.   I have reviewed this annual report on Form 10-K in respect of the           Corporate Backed Trust Certificates, Royal & Sun Alliance           Bond-Backed Series 2002-11 Trust (the "Trust") and all reports on           Form 8-K containing distribution or servicing reports of the Trust           filed in respect of periods included in the year covered by this           annual report of the Trust;       2.   Based on my knowledge, the information in these reports, taken as a           whole, does not contain any untrue statement of a material fact or           omit to state a material fact necessary to make the statements made,           in light of the circumstances under which such statements were made,           not misleading as of the last day of the period covered by this           annual report;       3.   Based on my knowledge, the distribution or servicing information           required to be provided to the Depositor by the Trustee under the           pooling and servicing or similar agreement, for inclusion in these           reports is included in these reports; and       4.   I am responsible for reviewing the activities performed by the           Depositor and the Trustee under the pooling and servicing or similar           agreement and based upon my knowledge and the annual compliance           review required under that agreement, and except as disclosed in the           reports, the Depositor and Trustee have each fulfilled its           obligations under that agreement.   In giving the certifications above, I have reasonably relied on information provided to me by the following unaffiliated party: U.S. Bank Trust National Association, as Trustee.  Date: March 27, 2006            /s/ CHARLES M. WEAVER - ---------------------------------------- Charles M. Weaver, Senior Vice President       EX-31.2 3 efc6-0768_exhibit312.txt                                                                     Exhibit 31.2                             ANNUAL COMPLIANCE REPORT           I, David J. Kolibachuk, being an officer of U.S. Bank Trust National Association, the Trustee in respect of the Corporate Backed Trust Certificates, Royal & Sun Alliance Bond-Backed Series 2002-11 Trust (the "Trust"), certify that:       1.   I have reviewed this annual report on Form 10-K in respect of the           Trust and all reports on Form 8-K containing distribution or           servicing reports of the Trust filed by Lehman ABS Corporation in           respect of periods included in the year covered by this annual           report of the Trust;       2.   Based on my knowledge, the information in those reports, taken as a           whole, does not contain any untrue statement of a material fact or           omit to state a material fact necessary to make the statements made,           in light of the circumstances under which such statements were made,           not misleading as of the last day of the period covered by this           annual report;       3.   Based on my knowledge, the distribution information required to be           provided to the Depositor or the certificateholders by the Trustee           under the pooling and servicing or similar agreement for inclusion           in such distribution reports is included in such reports; and       4.   I am responsible for reviewing the activities performed by the           Trustee under the pooling and servicing or similar agreement and           based on my knowledge, except as disclosed in such reports, the           Trustee has fulfilled its obligations under that agreement.  Date: March 27, 2006         /s/ DAVID J. KOLIBACHUK - ----------------------------------- David J. Kolibachuk, Vice President       -----END PRIVACY-ENHANCED MESSAGE-----