CDOs/CLOs

Year to date as of 05/27 Term (days) 05/21 05/24 05/25 05/26 05/27 1-week

2004 2003 2002 ABS (Public and 144A) 291,160 226,025 173,574 ABS (Public and 144A excluding CDOs) 265,316 211,436 154,415 ABS (Public Only) 232,268 186,446 140,121 ABS (144A Only) 58,892 39,579 33,453 Non-Agency MBS 98,094 126,079 82,266 Agency MBS 139,887 304,656 191,712 CMBS 28,856 28,753 17,643 Source: Thomson Financial

Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market Managers Proceeds (mils) Rank Mkt. Share # of Issues Citigroup 5,974.8 1 21.4 7 JP Morgan 4,588.9 2 16.4 7 Deutsche Bank AG 4,467.4 3 16.0 8 Banc of America Securities LLC 3,105.2 4 11.1 6 Credit Suisse First Boston 1,927.0 5 6.9 5 Merrill Lynch & Co Inc 1,265.0 6 4.5 2 Goldman Sachs & Co 1,256.2 7 4.5 1 Barclays Capital 1,162.0 8 4.2 4 Lehman Brothers 870.7 9 3.1 2 Morgan Stanley 820.1 10 2.9 2 Industry Total 27,953.6 - 100.0 31 Source: Thomson Financial

Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market Managers Proceeds (mils) Rank Mkt. Share # of Issues Merrill Lynch & Co Inc 4,395.8 1 17.0 8 UBS 3,517.0 2 13.6 5 Wachovia Corp 2,882.6 3 11.2 11 Deutsche Bank AG 1,968.7 4 7.6 5 Credit Suisse First Boston 1,772.4 5 6.9 4 Bear Stearns & Co Inc 1,549.8 6 6.0 5 Citigroup 1,457.7 7 5.6 8 Banc of America Securities LLC 1,215.9 8 4.7 7 RBS Greenwich Capital 1,005.8 9 3.9 3 BNP Paribas SA 919.5 10 3.6 1 Industry Total 25,844.8 - 100.0 70 Source: Thomson Financial

Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market Managers Proceeds (mils) Rank Mkt. Share # of Issues Citigroup 4,515.0 1 22.6 10 JP Morgan 3,875.0 2 19.4 6 Banc One Capital Markets 3,350.0 3 16.8 5 Lehman Brothers 2,391.1 4 12.0 7 Barclays Capital 2,049.4 5 10.3 4 Deutsche Bank AG 1,024.7 6 5.1 4 Merrill Lynch & Co Inc 818.9 7 4.1 3 Banc of America Securities LLC 568.0 8 2.9 3 Credit Suisse First Boston 468.0 9 2.3 2 Goldman Sachs & Co 425.0 10 2.1 2 Industry Total 19,960.1 - 100.0 34 Source: Thomson Financial

Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market Managers Proceeds (mils) Rank Mkt. Share # of Issues Countrywide Securities Corp 23,509.3 1 13.0 20 Lehman Brothers 20,125.8 2 11.1 37 RBS Greenwich Capital 18,121.9 3 10.0 32 Credit Suisse First Boston 15,095.1 4 8.3 28 Citigroup 13,280.6 5 7.3 37 Morgan Stanley 12,616.8 6 7.0 26 Deutsche Bank AG 12,337.3 7 6.8 37 Bear Stearns & Co Inc 12,107.0 8 6.7 24 Merrill Lynch & Co Inc 11,541.4 9 6.4 21 Banc of America Securities LLC 9,394.0 10 5.2 31 Industry Total 181,452.1 - 100.0 316 Source: Thomson Financial

Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market Managers Proceeds (mils) Rank Mkt. Share # of Issues Citigroup 1,708.0 1 40.8 3 Credit Suisse First Boston 1,058.0 2 25.3 3 HSBC Holdings PLC 708.0 3 16.9 2 Morgan Stanley 250.0 4* 6.0 1 ABN AMRO 250.0 4* 6.0 1 Banc of America Securities LLC 212.0 6 5.1 1 Industry Total 4,186.0 - 100.0 6 Source: Thomson Financial

Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market Managers Proceeds (mils) Rank Mkt. Share # of Issues Merrill Lynch & Co Inc 4,289.7 1 20.2 5 Citigroup 2,988.1 2 14.1 4 JP Morgan 2,338.4 3 11.0 5 Morgan Stanley 2,275.2 4 10.7 5 Deutsche Bank AG 2,221.3 5 10.5 3 UBS 1,951.4 6 9.2 3 Credit Suisse First Boston 1,876.0 7 8.9 3 Banc of America Securities LLC 1,781.4 8 8.4 2 Lehman Brothers 1,012.6 9 4.8 2 RBC Capital Markets 462.0 10 2.2 1 Industry Total 21,196.2 - 100.0 19 Source: Thomson Financial

Year to date as of May 26 Coupon Type Market Average Life Buckets Asset Class Volume Pub/144A Fixed Rate Floating Rate Public 144A 0.0 to 0.9 1.0 to 2.9 3.0 to 5.9 6.0 to 7.9 8.0 to 11.0 Aircraft Leases Auto Loans/Recs 27,954 24,336 3,618 23,997 3,957 10,187 13,121 4,645 Comm. Mtg 1,258 375 883 1,258 229 593 410 Commercial Loans Corp Bond/Note 3,116 966 2,150 3,116 1,839 746 45 485 Corporate Loans 2,871 165 2,706 2,871 1,969 478 424 Credit Card Rec 19,960 9,599 10,361 18,166 1,794 14,724 3,787 200 1,249 Debentures 1,296 1,296 1,296 1,296 Equip Loans Equip. Leases 3,188 2,938 250 2,938 250 1,847 1,091 250 Floorplan Recs 4,186 4,186 4,062 124 3,836 350 Franchisee Loans 194 194 194 Home Impr Loans Installment Recs 1,797 1,797 1,797 1,797 Junk Bonds Leveraged Loans 1,174 64 1,110 1,174 38 10 284 842 Mixed Collateral 1,381 7 1,374 1,381 1,000 306 22 53 Mnfrd Housing Ct 200 200 200 200 Motorcycle Loans 2,740 2,740 2,740 313 1,923 504 Mutual Fund Fees 331 331 331 331 Non-Jumbo Mtg Ln 42,373 17,718 24,136 41,439 934 26,184 7,763 8,165 139 108 Oil Receivables Preferred Sec 2,382 1,053 1,330 2,382 2,038 158 186 Prv Issued Sec 484 159 325 484 484 Rental Car Rec. 2,400 1,300 1,100 2,400 1,300 1,100 Rev Cred/Home Eq 139,079 79,445 58,657 120,729 18,350 87,424 35,644 14,316 1,244 450 Sm Business Loan 200 200 200 200 Struc Fin Credit 10,905 4,799 6,106 10,905 3,198 1,496 4,730 1,392 Student Loans 21,196 378 19,332 17,608 3,588 10,286 2,956 3,067 3,079 1,808 Tax Liens Ticket Rec Timeshare Loans 621 386 236 621 471 150 Tobacco Receives Trade Recs Unspecified/NA Note: Figures are preliminary and subject to change. Data includes U.S. deals and dollar Euro 144As.Source: Thomson Financial

Rev Cred/Home Eq 48% Non-Jumbo Mtg Ln 15% Auto Loans/Recs 10% Student Loans 7% Credit Card Rec 7% Other 14%