CDOs/CLOs

Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market Managers Proceeds (mils) Rank Mkt. Share # of Issues - - - - - Industry Total - - - - 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 Royal Bank of Scotland Group 6,605.4 1 18.9 7 Morgan Stanley 4,815.8 2 13.8 8 Lehman Brothers 3,825.7 3 10.9 5 Credit Suisse First Boston 3,546.2 4 10.2 7 Bear Stearns & Co Inc 2,368.5 5 6.8 3 Deutsche Bank AG 2,340.9 6 6.7 5 Merrill Lynch & Co Inc 2,069.6 7 5.9 3 Banc of America Securities LLC 1,660.4 8 4.8 4 Citigroup 1,585.1 9 4.5 4 JP Morgan 1,342.3 10 3.8 2 Industry Total 34,954.8 - 100.0 48 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 Morgan Stanley 1,012.6 1* 29.2 2 Lehman Brothers 1,012.6 1* 29.2 2 Deutsche Bank AG 489.9 3* 14.1 1 Credit Suisse First Boston 489.9 3* 14.1 1 RBC Capital Markets 462.0 5 13.3 1 Industry Total 3,466.9 - 100.0 4 Source: Thomson Financial

Year to date as of Feb 11 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 5,797 3,546 2,251 3,400 2,397 4,186 666 945 Cash Commercial Loans Corp Bond/Note Corporate Loans 1,022 1,022 1,022 1,022 Credit Card Rec 2,402 1,950 452 1,950 452 2,202 200 Equip Loans Equip. Leases Floorplan Recs Franchisee Loans Home Impr Loans Junk Bonds Leases Loans Mnfrd Housing Ct 200 200 200 200 Mutual Fund Fees Non-Jumbo Mtg Ln 7,893 3,244 4,648 7,887 6 3,356 725 3,812 Oil Receivables Preferred Sec Prv Issued Sec 19 19 19 19 Rental Car Rec. 600 600 600 600 Rev Cred/Home Eq 28,247 15,230 12,950 25,454 2,793 23,164 2,871 1,900 291 20 Sm Business Loan Struc Fin Credit 1,636 717 920 1,636 222 411 1,004 Student Loans 3,467 378 2,626 2,319 1,148 2,487 980 Tax Liens Ticket Rec Timeshare Loans 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 55% Non-Jumbo Mtg Ln 15% Auto Loans/Recs 11% Student Loans 7% Credit Card Rec 5% Other 7%

Year to date as of 02/11 Term (days) 02/05 02/06 02/09 02/10 02/11 1-week

2003 2002 2001 ABS (Public and 144A) 41,857 37,382 30,062 ABS (Public and 144A excluding CDOs) 40,336 36,113 27,960 ABS (Public Only) 34,134 32,500 25,639 ABS (144A Only) 7,724 4,882 4,423 Non-Agency MBS 11,657 19,111 11,402 Agency MBS 11,136 120,387 40,933 CMBS 2,018 2,775 946 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 Deutsche Bank AG 2,647.1 1 66.2 2 Citigroup 1,000.0 2 25.0 1 Credit Suisse First Boston 350.0 3 8.8 1 Industry Total 3,997.1 - 100.0 4 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 BNP Paribas SA 919.5 1 60.4 1 Merrill Lynch & Co Inc 602.0 2 39.6 1 Industry Total 1,521.5 - 100.0 2 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 1,599.6 1 66.6 2 Merrill Lynch & Co Inc 452.2 2 18.8 1 Lehman Brothers 250.0 3 10.4 1 Wachovia Corp 100.0 4 4.2 1 Industry Total 2,401.8 - 100.0 4 Source: Thomson Financial