Holders of Record, holding 5% or more of the outstanding balance for Structured Asset Securities Corporation Mortgage Pass-Through Certificates Series 2003-16 as reflected in the security position listing as of December 31, 2003.



|Class | Name and Address of Holder                         | Amount Held | % Class
|----- | -------------------------------------------------- | ----------- | -------
|      |                                                    |             |        
|A1    | Deutsche Bank Trust Co Americas                    | 70,000,000  | 100%   
|      | 648 Grassmere Park Road                            |             |        
|      | Nashville, TN 37211                                |             |        
|      |                                                    |             |        
|A2    | Central Trust Bank                                 | 4,500,000   | 8%     
|      | Investments Department                             |             |        
|      | 238 Madison Street                                 |             |        
|      | Jefferson City, MO 65101                           |             |        
|      |                                                    |             |        
|      | Citibank                                           | 50,835,000  | 86%    
|      | 3800 Citibank Center B3-15                         |             |        
|      | Tampa, FL 33610                                    |             |        
|      |                                                    |             |        
|      | U.S. Bank N.A./Safekeeping West                    | 3,500,000   | 6%     
|      | First Trust Center SPFT 0913                       |             |        
|      | 180 East Fifth Street, 9th Floor                   |             |        
|      | St. Paul, MN 05510                                 |             |        
|      |                                                    |             |        
|A3    | Bank of New York                                   | 20,050,000  | 18%    
|      | One Wall Street                                    |             |        
|      | New York, NY 10286                                 |             |        
|      |                                                    |             |        
|      | Citibank                                           | 90,000,000  | 82%    
|      | 2800 Citibank Center B3-15                         |             |        
|      | Tampa, FL 33610                                    |             |        
|      |                                                    |             |        
|A4    | LBI-Lehman Government Securities Inc. (LBI)        | 110,050,000 | 100%   
|      | 70 Hudson St.                                      |             |        
|      | Jersey City, NJ 07302                              |             |        
|      |                                                    |             |        
|A5    | Northern Trust                                     | 2,459,000   | 20%    
|      | 801 S. Canal C-IN                                  |             |        
|      | Chicago, IL 60607                                  |             |        
|      |                                                    |             |        
|      | US Bank NA                                         | 10,000,000  | 80%    
|      | Attn: Securities Control                           |             |        
|      | 1555 N. Rivercenter Dr., Suite 0300                |             |        
|      | Milwaukee, WI 53212                                |             |        
|      |                                                    |             |        
|AP    | LBI-Lehman Government Securities Inc. (LBI)        | 1,697,940   | 100%   
|      | 70 Hudson St.                                      |             |        
|      | Jersey City, NJ 07302                              |             |        
|      |                                                    |             |        
|AX    | LBI-Lehman Government Securities Inc. (LBI)        | 12,026,068  | 100%   
|      | 70 Hudson St.                                      |             |        
|      | Jersey City, NJ 07302                              |             |        
|      |                                                    |             |        
|PAX   | LBI-Lehman Government Securities Inc. (LBI)        | 8,689,720   | 100%   
|      | 70 Hudson St.                                      |             |        
|      | Jersey City, NJ 07302                              |             |        
|      |                                                    |             |        
|B1    | LBI-Lehman Government Securities Inc. (LBI)        | 1,008,000   | 20%    
|      | 70 Hudson St.                                      |             |        
|      | Jersey City, NJ 07302                              |             |        
|      |                                                    |             |        
|      | Merrill Lynch, Pierce, Fenner & Smith Incorporated | 4,000,000   | 80%    
|      | 101 Hudson St 9th Floor                            |             |        
|      | Jersey City, NJ 07302                              |             |        
|      |                                                    |             |        
|B2    | Deseret Trust Company                              | 2,108,000   | 100%   
|      | Gateway Tower East                                 |             |        
|      | 10 East South Temple, Suite 470                    |             |        
|      | Salt Lake City, UT 84133                           |             |        
|      |                                                    |             |        
|B3    | LBI-Lehman Government Securities Inc. (LBI)        | 1,449,000   | 100%   
|      | 70 Hudson St.                                      |             |        
|      | Jersey City, NJ 07302                              |             |        
|      |                                                    |             |        
|R     | TFINN & Co                                         | 100         | 100%   
|      | C/O Chase Manhattan Bank                           |             |        
|      | P.O. Box 50000                                     |             |        
|      | Dept 6583 Outsourcing Services                     |             |        
|      | Newark, NJ 07101                                   |             |