CDOs

2003 2002 2001 ABS (Public and 144A) 160,426 125,819 113,573 ABS (Public and 144A excluding CDOs) 148,585 114,296 96,730 ABS (Public Only) 134,551 103,892 84,259 ABS (144A Only) 25,874 21,927 29,314 Non-Agency MBS 90,198 57,106 41,631 Agency MBS 167,868 163,661 74,052 CMBS 19,245 13,014 15,647 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 2,797.1 1 16.4 3 Credit Suisse First Boston 2,790.1 2 16.4 6 Deutsche Bank AG 2,234.8 3 13.1 4 JP Morgan 1,844.4 4 10.8 3 Morgan Stanley 1,781.2 5 10.5 3 BANK ONE Corp 1,390.2 6 8.2 2 Goldman Sachs & Co 1,289.4 7 7.6 3 Banc of America Securities LLC 841.5 8 4.9 2 Wachovia Corp 833.9 9 4.9 3 Merrill Lynch & Co Inc 419.3 10 2.5 1 Barclays Capital 406.0 11 2.4 1 Royal Bank of Scotland Group 287.5 12 1.7 2 Westdeutsche Landesbank Giro 120.2 13 0.7 1 Industry Total 17,035.5 - 100.0 21 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 Goldman Sachs & Co 2,998.1 1 25.3 1 Credit Suisse First Boston 1,400.9 2 11.8 4 Morgan Stanley 1,378.4 3 11.6 3 Deutsche Bank AG 1,053.5 4 8.9 2 Citigroup 1,047.6 5 8.9 3 Wachovia Corp 950.0 6 8.0 2 Bear Stearns & Co Inc 940.2 7 7.9 4 Westdeutsche Landesbank Giro 545.0 8 4.6 1 JP Morgan 347.6 9 2.9 1 Lehman Brothers 303.3 10 2.6 2 Merrill Lynch & Co Inc 300.8 11 2.5 1 UBS Warburg 200.0 12 1.7 1 Banc of America Securities LLC 197.8 13 1.7 1 Jefferies & Co Inc 161.4 14 1.4 1 First Republic Bank Corp 16.0 15 0.1 1 Industry Total 11,840.6 - 100.0 26 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 7,247.2 1 26.5 10 BANK ONE Corp 4,425.0 2 16.2 6 JP Morgan 4,423.6 3 16.2 8 Morgan Stanley 3,579.5 4 13.1 4 Barclays Capital 2,485.7 5 9.1 4 Banc of America Securities LLC 1,661.2 6 6.1 5 Deutsche Bank AG 1,507.6 7 5.5 4 Credit Suisse First Boston 969.3 8 3.6 3 Wachovia Corp 461.3 9 1.7 2 Merrill Lynch & Co Inc 375.0 10 1.4 1 Lehman Brothers 200.0 11 0.7 1 Industry Total 27,335.3 - 100.0 39 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 1,375.2 1 42.3 5 JP Morgan 875.2 2 26.9 4 Citigroup 500.0 3* 15.4 1 BANK ONE Corp 500.0 3* 15.4 1 Industry Total 3,250.3 - 100.0 5 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 Lehman Brothers 8,556.6 1 10.5 26 Countrywide Securities Corp 8,203.2 2 10.1 11 JP Morgan 8,194.6 3 10.0 10 Citigroup 7,628.2 4 9.4 21 Royal Bank of Scotland Group 7,550.6 5 9.3 18 Deutsche Bank AG 6,637.0 6 8.1 14 Banc of America Securities LLC 5,787.5 7 7.1 15 Morgan Stanley 5,365.1 8 6.6 16 Bear Stearns & Co Inc 4,857.9 9 6.0 12 Credit Suisse First Boston 4,394.9 10 5.4 13 UBS Warburg 4,031.5 11 4.9 8 Merrill Lynch & Co Inc 2,569.4 12 3.2 4 Wachovia Corp 2,384.6 13 2.9 5 BANK ONE Corp 1,352.8 14 1.7 3 General Motors Corp 1,056.5 15 1.3 2 Goldman Sachs & Co 874.7 16 1.1 3 Barclays Capital 765.5 17 0.9 1 Industry Total 81,585.0 - 100.0 150 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 - - - - - 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 Citigroup 3,149.7 1 28.0 5 Deutsche Bank AG 2,293.1 2 20.4 4 Morgan Stanley 2,085.9 3 18.5 3 Merrill Lynch & Co Inc 1,790.7 4 15.9 3 Banc of America Securities LLC 1,136.7 5 10.1 2 Credit Suisse First Boston 694.0 6 6.2 1 William R. Hough 120.0 7 1.1 1 Industry Total 11,270.0 - 100.0 10 Source: Thomson Financial

Year to date as of Apr 23 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 1,365 1,365 1,365 1,365 Asset-Back Certs Auto Loans/Recs 18,877 13,331 5,546 18,198 679 3,573 11,553 3,694 35 Cash Catastrophe Bond Commercial Loans Corp Bond/Note 1,931 1,040 858 1,931 1,344 56 532 Corporate Loans 4,863 151 4,688 4,863 3,525 326 45 265 702 Credit Card Rec 26,586 5,590 20,995 26,230 356 7,411 3,909 15,266 Debentures 1,291 1,291 1,291 1,291 Equip Loans Equip. Leases 956 421 535 956 613 275 68 FHLMC 1,259 1,259 1,259 1,259 Floorplan Recs 3,250 3,250 3,224 26 750 2,500 FNMA 2,113 1,069 1,044 2,113 2,113 Franchisee Loans 228 228 228 109 Health Care Rec Insurance Recs Junk Bonds 1,713 176 1,536 1,713 691 1,022 Leases 450 450 450 Legal Fees Loans 488 188 301 488 177 311 Mnfrd Housing Ct 260 140 121 260 51 146 3 45 Motorcycle Loans 550 550 550 550 Mutual Fund Fees 175 75 100 175 175 Non-Jumbo Mtg Ln 20,601 4,755 15,611 18,907 1,695 10,833 3,254 6,310 51 103 Non-Perf Loans Oil Contracts Preferred Sec 412 118 294 412 36 132 244 Prv Issued Sec 259 77 182 259 259 Rental Car Rec. 1,025 400 625 1,025 650 375 Retail Contracts Rev Cred/Home Eq 55,994 20,749 35,038 50,806 5,188 23,422 16,882 14,591 781 318 Sm Business Loan 108 108 108 108 Stranded Costs Struc Fin Credit 4,264 1,109 3,131 4,264 2,163 1,411 652 Student Loans 11,130 600 9,263 11,130 1,134 2,371 3,598 3,248 68 Swap Agreement Tax Liens Timeshare Loans 303 245 58 303 303 Tobacco Receives 154 154 154 154 Trade Recs Truck Loans Note: Figures are preliminary and subject to change. Data includes U.S. deals and dollar Euro 144As.Source: Thomson Financial

Rev Cred/Home Eq 35% Credit Card Rec 17% Non-Jumbo Mtg Ln 13% Auto Loans/Recs 12% Student Loans 7% Other 17%

Year to date as of fix this Term (days) 04/10 04/11 04/14 04/15 04/16 1-week

2003 2002 2001 ABS (Public and 144A) 160,426 125,819 113,573 ABS (Public and 144A excluding CDOs) 148,585 114,296 96,730 ABS (Public Only) 134,551 103,892 84,259 ABS (144A Only) 25,874 21,927 29,314 Non-Agency MBS 90,198 57,106 41,631 Agency MBS 167,868 163,661 74,052 CMBS 19,245 13,014 15,647 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 2,797.1 1 16.4 3 Credit Suisse First Boston 2,790.1 2 16.4 6 Deutsche Bank AG 2,234.8 3 13.1 4 JP Morgan 1,844.4 4 10.8 3 Morgan Stanley 1,781.2 5 10.5 3 BANK ONE Corp 1,390.2 6 8.2 2 Goldman Sachs & Co 1,289.4 7 7.6 3 Banc of America Securities LLC 841.5 8 4.9 2 Wachovia Corp 833.9 9 4.9 3 Merrill Lynch & Co Inc 419.3 10 2.5 1 Barclays Capital 406.0 11 2.4 1 Royal Bank of Scotland Group 287.5 12 1.7 2 Westdeutsche Landesbank Giro 120.2 13 0.7 1 Industry Total 17,035.5 - 100.0 21 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 Goldman Sachs & Co 2,998.1 1 25.3 1 Credit Suisse First Boston 1,400.9 2 11.8 4 Morgan Stanley 1,378.4 3 11.6 3 Deutsche Bank AG 1,053.5 4 8.9 2 Citigroup 1,047.6 5 8.9 3 Wachovia Corp 950.0 6 8.0 2 Bear Stearns & Co Inc 940.2 7 7.9 4 Westdeutsche Landesbank Giro 545.0 8 4.6 1 JP Morgan 347.6 9 2.9 1 Lehman Brothers 303.3 10 2.6 2 Merrill Lynch & Co Inc 300.8 11 2.5 1 UBS Warburg 200.0 12 1.7 1 Banc of America Securities LLC 197.8 13 1.7 1 Jefferies & Co Inc 161.4 14 1.4 1 First Republic Bank Corp 16.0 15 0.1 1 Industry Total 11,840.6 - 100.0 26 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 7,247.2 1 26.5 10 BANK ONE Corp 4,425.0 2 16.2 6 JP Morgan 4,423.6 3 16.2 8 Morgan Stanley 3,579.5 4 13.1 4 Barclays Capital 2,485.7 5 9.1 4 Banc of America Securities LLC 1,661.2 6 6.1 5 Deutsche Bank AG 1,507.6 7 5.5 4 Credit Suisse First Boston 969.3 8 3.6 3 Wachovia Corp 461.3 9 1.7 2 Merrill Lynch & Co Inc 375.0 10 1.4 1 Lehman Brothers 200.0 11 0.7 1 Industry Total 27,335.3 - 100.0 39 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 1,375.2 1 42.3 5 JP Morgan 875.2 2 26.9 4 Citigroup 500.0 3* 15.4 1 BANK ONE Corp 500.0 3* 15.4 1 Industry Total 3,250.3 - 100.0 5 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 Lehman Brothers 8,556.6 1 10.5 26 Countrywide Securities Corp 8,203.2 2 10.1 11 JP Morgan 8,194.6 3 10.0 10 Citigroup 7,628.2 4 9.4 21 Royal Bank of Scotland Group 7,550.6 5 9.3 18 Deutsche Bank AG 6,637.0 6 8.1 14 Banc of America Securities LLC 5,787.5 7 7.1 15 Morgan Stanley 5,365.1 8 6.6 16 Bear Stearns & Co Inc 4,857.9 9 6.0 12 Credit Suisse First Boston 4,394.9 10 5.4 13 UBS Warburg 4,031.5 11 4.9 8 Merrill Lynch & Co Inc 2,569.4 12 3.2 4 Wachovia Corp 2,384.6 13 2.9 5 BANK ONE Corp 1,352.8 14 1.7 3 General Motors Corp 1,056.5 15 1.3 2 Goldman Sachs & Co 874.7 16 1.1 3 Barclays Capital 765.5 17 0.9 1 Industry Total 81,585.0 - 100.0 150 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 - - - - - 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 Citigroup 3,149.7 1 28.0 5 Deutsche Bank AG 2,293.1 2 20.4 4 Morgan Stanley 2,085.9 3 18.5 3 Merrill Lynch & Co Inc 1,790.7 4 15.9 3 Banc of America Securities LLC 1,136.7 5 10.1 2 Credit Suisse First Boston 694.0 6 6.2 1 William R. Hough 120.0 7 1.1 1 Industry Total 11,270.0 - 100.0 10 Source: Thomson Financial

Year to date as of fix this 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 1,365 1,365 1,365 1,365 Asset-Back Certs Auto Loans/Recs 18,877 13,331 5,546 18,198 679 3,573 11,553 3,694 35 Cash Catastrophe Bond Commercial Loans Corp Bond/Note 1,931 1,040 858 1,931 1,344 56 532 Corporate Loans 4,863 151 4,688 4,863 3,525 326 45 265 702 Credit Card Rec 26,586 5,590 20,995 26,230 356 7,411 3,909 15,266 Debentures 1,291 1,291 1,291 1,291 Equip Loans Equip. Leases 956 421 535 956 613 275 68 FHLMC 1,259 1,259 1,259 1,259 Floorplan Recs 3,250 3,250 3,224 26 750 2,500 FNMA 2,113 1,069 1,044 2,113 2,113 Franchisee Loans 228 228 228 109 Health Care Rec Insurance Recs Junk Bonds 1,713 176 1,536 1,713 691 1,022 Leases 450 450 450 Legal Fees Loans 488 188 301 488 177 311 Mnfrd Housing Ct 260 140 121 260 51 146 3 45 Motorcycle Loans 550 550 550 550 Mutual Fund Fees 175 75 100 175 175 Non-Jumbo Mtg Ln 20,601 4,755 15,611 18,907 1,695 10,833 3,254 6,310 51 103 Non-Perf Loans Oil Contracts Preferred Sec 412 118 294 412 36 132 244 Prv Issued Sec 259 77 182 259 259 Rental Car Rec. 1,025 400 625 1,025 650 375 Retail Contracts Rev Cred/Home Eq 55,994 20,749 35,038 50,806 5,188 23,422 16,882 14,591 781 318 Sm Business Loan 108 108 108 108 Stranded Costs Struc Fin Credit 4,264 1,109 3,131 4,264 2,163 1,411 652 Student Loans 11,130 600 9,263 11,130 1,134 2,371 3,598 3,248 68 Swap Agreement Tax Liens Timeshare Loans 303 245 58 303 303 Tobacco Receives 154 154 154 154 Trade Recs Truck Loans Note: Figures are preliminary and subject to change. Data includes U.S. deals and dollar Euro 144As.Source: Thomson Financial