**Exhibit      31.2**

**ANNUAL      COMPLIANCE REPORT**

** **

| 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. |
|----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|