LEHMAN ABS CORP DAIMLERCHRYSLER DEBENTURE-BACKED SER 2004 3
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
The publicly offered Certificates representing investors' interest in the Trust are represented by one or more physical Certificates registered in the name of "Cede & Co.", the nominee of The Depository Trust Company. Those publicly offered Certificates are listed on the NYSE.
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operation.       Not Applicable
Item 8. Financial Statements and Supplementary Data.       Not Applicable
Item 9A.  Controls and Procedures.       Not Applicable
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    Filed on                                                           Date - -------------------------------------------------------------------------------- Corporate Backed Trust Certificates,                   03/01/2005    03/11/2005 DaimlerChrysler Debenture-Backed Series 2004-3 Trust   09/01/2005    09/14/2005 - --------------------------------------------------------------------------------              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.                    31.3 - Report of Aston Bell, CPA.        (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                                     EXHIBIT INDEX        --------------------------------------------------------------         Reference        Description of Exhibits          Exhibit         Number per                                         Number        Item 601 of                                        in this       Regulation SK                                      Form 10-K       --------------------------------------------------------------         (31.1)   Certification by Senior Vice              31.1                  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     31.2                  the Sarbanes-Oxley Act of 2002.       --------------------------------------------------------------         (31.3)   Report of Aston Bell, CPA.                31.3       --------------------------------------------------------------                                         6    EX-31.1 2 efc6-0890_5818368ex311.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, DaimlerChrysler Debenture-Backed       Series 2004-3 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;  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;       and  5.    The reports disclose all significant deficiencies relating to the       compliance by the Trustee and the Depositor with the minimum servicing       or similar standards based upon the report provided by an independent       public accountant, after conducting a review in compliance with the       Uniform Single Attestation Program for Mortgage Bankers or similar       procedure, as set forth in the pooling and servicing or similar       agreement that is included in these reports.  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 efc6-0890_5818368ex312.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, DaimlerChrysler Debenture-Backed Series 2004-3 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;  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; and  5. The reports disclose all significant deficiencies relating to the Trustee's    compliance with the minimum servicing or similar standards based upon the    report provided by an independent public accountant, after conducting a    review in compliance with the Uniform Single Attestation Program for    Mortgage Bankers or similar procedure, as set forth in the pooling and    servicing or similar agreement, that is included in these reports.  Date: March 27, 2006         /s/ DAVID J. KOLIBACHUK - ------------------------------------------ David J. Kolibachuk, Vice President    EX-31.3 4 efc6-0890_5818368ex313.txt                                                                        Exhibit 31.3                           INDEPENDENT ACCOUNTANT'S REPORT   Lehman ABS Corporation, as Depositor 745 Seventh Avenue New York, New York 10019  U.S. Bank Trust National Association, as Trustee Corporate Trust Department 100 Wall Street New York, NY 10005  Re:   Corporate Backed Trust Certificates, DaimlerChrysler       Debenture-Backed Series 2004-3 Trust (the "Trust")  Ladies and Gentlemen:  We have examined assertions of Lehman ABS Corporation (the "Depositor") and U.S. Bank National Association, (the "Trustee" and, together with the Depositor, the "Management") that the Depositor and the Trustee have complied, in all material respects, with the provisions of the Standard Terms for Trust Agreements dated as of January 16, 2001, as supplemented by a series supplement dated as of February 11, 2004 (together, the "Trust Agreement") in respect of the Corporate Backed Trust Certificates, DaimlerChrysler Debenture-Backed Series 2004-3 Trust (the "Trust"), during the period covered by the annual report on Form 10-K filed by the Depositor on behalf of the Trust for the year ended December 31, 2005 (the "Annual Report"). Management is responsible for compliance with the Trust Agreement. Our responsibility is to express an opinion on Management's assertions based on our examination.  Our examination was made in accordance with standards established by the American Institute of Certified Public Accountants and, accordingly, included examining, on a test basis, evidence about the Depositor's and the Trustee's compliance with the Trust Agreement and performing such other procedures as considered necessary in the circumstances. We believe that our examination provides a reasonable basis for our opinion.  In our opinion, the Depositor and the Trustee have complied, in all material respects, with the Trust Agreement during the period covered by the Annual Report and Management's assertions with respect to such compliance are fairly stated, in all material respects, for the year ended December 31, 2005.   /s/ Aston Bell, CPA   New York, New York March 17, 2006         -----END PRIVACY-ENHANCED MESSAGE-----