EX-99.3 4 dex993.htm ONESERIES MONTHLY NOTEHOLDERS' STATEMENT OneSeries Monthly Noteholders' Statement

Exhibit 99.3

 

BANK ONE ISSUANCE TRUST

ONEseries Monthly Noteholders’ Statement

 

Monthly Period: September 2004

 

The undersigned, a duly authorized representative of Chase Manhattan Bank USA, National Association (the “Bank”), formerly Bank One Delaware, National Association, as Servicer pursuant to the Transfer and Servicing Agreement, dated as of May 1, 2002 (the “Transfer and Servicing Agreement”), among the Bank, as Transferor, Servicer and Administrator Bank One Issuance Trust, as Issuer, and Wells Fargo Bank, National Association, as Indenture Trustee and Collateral Agent, does hereby certify as follows:

 

A. Information Regarding the Current Distribution to Noteholders

 

1. The total amount of the distribution to Noteholders on the Payment Date per $1,000 Initial Outstanding Dollar Principal Amount

 

Tranche    Amount

Class A (2002-01)

    1.55833

Class A (2002-02)

    3.46667

Class A (2002-03)

    2.99167

Class A (2002-04)

    2.45000

Class A (2002-05)

    1.56667

Class A (2002-06)

    1.62500

Class A (2003-01)

    1.56667

Class A (2003-02)

    1.50833

Class A (2003-03)

    1.55833

Class A (2003-04)

    1.67500

Class A (2003-05)

    1.50833

Class A (2003-06)

    1.55833

Class A (2003-07)

    2.79167

Class A (2003-08)

    1.67500

Class A (2003-09)

    3.21667

Class A (2003-10)

    1.55833

Class A (2004-01)

    2.87500

Class A (2004-02)

    1.49167

Class A (2004-03)

    1.60833

Class A (2004-04)

    1.50000

Class A (2004-05)

    1.57500

Class A (2004-06)

    3.28333

Class A (2004-07)

    1.29333

Class B (2002-01)

    1.78333

Class B (2002-02)

    1.75000

Class B (2002-03)

    1.76667

Class B (2003-01)

    1.77500

Class B (2003-02)

    1.65833

Class B (2003-03)

    1.73333

Class B (2004-01)

    1.73333

Class B (2004-02)

    3.64167

Class C (2002-01)

    2.26667

Class C (2002-02)

    2.29167

Class C (2002-03)

    3.13333

Class C (2003-01)

    3.78333

Class C (2003-02)

    2.41667

Class C (2003-03)

    3.97500

Class C (2003-04)

    2.32500

Class C (2004-01)

    1.88333

Class C (2004-02)

    2.13333

 

2. The amount of the distribution set forth in item 1 in respect of interest on the Notes, per $1,000 Initial Outstanding Dollar Principal Amount

 

Tranche    Amount

Class A (2002-01)

    1.55833

Class A (2002-02)

    3.46667

Class A (2002-03)

    2.99167

Class A (2002-04)

    2.45000

Class A (2002-05)

    1.56667

Class A (2002-06)

    1.62500

Class A (2003-01)

    1.56667

Class A (2003-02)

    1.50833

Class A (2003-03)

    1.55833

Class A (2003-04)

    1.67500

Class A (2003-05)

    1.50833

Class A (2003-06)

    1.55833

Class A (2003-07)

    2.79167

Class A (2003-08)

    1.67500

Class A (2003-09)

    3.21667

Class A (2003-10)

    1.55833

Class A (2004-01)

    2.87500

Class A (2004-02)

    1.49167

Class A (2004-03)

    1.60833

Class A (2004-04)

    1.50000

Class A (2004-05)

    1.57500

Class A (2004-06)

    3.28333

Class A (2004-07)

    1.29333

Class B (2002-01)

    1.78333

Class B (2002-02)

    1.75000

Class B (2002-03)

    1.76667

Class B (2003-01)

    1.77500

Class B (2003-02)

    1.65833

Class B (2003-03)

    1.73333

Class B (2004-01)

    1.73333

Class B (2004-02)

    3.64167

Class C (2002-01)

    2.26667

Class C (2002-02)

    2.29167

Class C (2002-03)

    3.13333

Class C (2003-01)

    3.78333

Class C (2003-02)

    2.41667

Class C (2003-03)

    3.97500

Class C (2003-04)

    2.32500

Class C (2004-01)

    1.88333

Class C (2004-02)

    2.13333

 

3. The amount of the distribution set forth in item 1 in respect of principal on the Notes, per $1,000 Initial Outstanding Dollar Principal Amount

 

Tranche    Amount

Class A (2002-01)

    0.00000

Class A (2002-02)

    0.00000

Class A (2002-03)

    0.00000

Class A (2002-04)

    0.00000

Class A (2002-05)

    0.00000

Class A (2002-06)

    0.00000

Class A (2003-01)

    0.00000

Class A (2003-02)

    0.00000

Class A (2003-03)

    0.00000

Class A (2003-04)

    0.00000

Class A (2003-05)

    0.00000

Class A (2003-06)

    0.00000

Class A (2003-07)

    0.00000

Class A (2003-08)

    0.00000

Class A (2003-09)

    0.00000

Class A (2003-10)

    0.00000

Class A (2004-01)

    0.00000

Class A (2004-02)

    0.00000

Class A (2004-03)

    0.00000

Class A (2004-04)

    0.00000

Class A (2004-05)

    0.00000

Class A (2004-06)

    0.00000

Class A (2004-07)

    0.00000

Class B (2002-01)

    0.00000

Class B (2002-02)

    0.00000

Class B (2002-03)

    0.00000

Class B (2003-01)

    0.00000

Class B (2003-02)

    0.00000

Class B (2003-03)

    0.00000

Class B (2004-01)

    0.00000

Class B (2004-02)

    0.00000

Class C (2002-01)

    0.00000

Class C (2002-02)

    0.00000

Class C (2002-03)

    0.00000

Class C (2003-01)

    0.00000

Class C (2003-02)

    0.00000

Class C (2003-03)

    0.00000

Class C (2003-04)

    0.00000

Class C (2004-01)

    0.00000

Class C (2004-02)

    0.00000

 

B. Information regarding the tranches of Notes of the ONEseries

 

1. Outstanding Dollar Principal Amount and Nominal Liquidation Amount of Tranches of Notes of the ONEseries for the related Monthly Period

 

Tranche   

Initial
Outstanding
Dollar Principal

Amount

    Outstanding
Dollar Principal
Amount		   

Adjusted
Outstanding

Dollar Principal
Amount

   

Nominal Liquidation

Amount

Class A (2002-01)

    1,000,000,000.00    1,000,000,000.00    1,000,000,000.00    1,000,000,000.00

Class A (2002-02)

    1,250,000,000.00    1,250,000,000.00    1,250,000,000.00    1,250,000,000.00

Class A (2002-03)

    500,000,000.00    500,000,000.00    500,000,000.00    500,000,000.00

Class A (2002-04)

    750,000,000.00    750,000,000.00    750,000,000.00    750,000,000.00

Class A (2002-05)

    850,000,000.00    850,000,000.00    850,000,000.00    850,000,000.00

Class A (2002-06)

    500,000,000.00    500,000,000.00    500,000,000.00    500,000,000.00

Class A (2003-01)

    1,000,000,000.00    1,000,000,000.00    1,000,000,000.00    1,000,000,000.00

Class A (2003-02)

    1,500,000,000.00    1,500,000,000.00    1,500,000,000.00    1,500,000,000.00

Class A (2003-03)

    1,250,000,000.00    1,250,000,000.00    1,250,000,000.00    1,250,000,000.00

Class A (2003-04)

    500,000,000.00    500,000,000.00    500,000,000.00    500,000,000.00

Class A (2003-05)

    1,000,000,000.00    1,000,000,000.00    1,000,000,000.00    1,000,000,000.00

Class A (2003-06)

    1,000,000,000.00    1,000,000,000.00    1,000,000,000.00    1,000,000,000.00

Class A (2003-07)

    500,000,000.00    500,000,000.00    500,000,000.00    500,000,000.00

Class A (2003-08)

    525,000,000.00    525,000,000.00    525,000,000.00    525,000,000.00

Class A (2003-09)

    650,000,000.00    650,000,000.00    650,000,000.00    650,000,000.00

Class A (2003-10)

    1,000,000,000.00    1,000,000,000.00    1,000,000,000.00    1,000,000,000.00

Class A (2004-01)

    650,000,000.00    650,000,000.00    650,000,000.00    650,000,000.00

Class A (2004-02)

    2,000,000,000.00    2,000,000,000.00    2,000,000,000.00    2,000,000,000.00

Class A (2004-03)

    675,000,000.00    675,000,000.00    675,000,000.00    675,000,000.00

Class A (2004-04)

    1,250,000,000.00    1,250,000,000.00    1,250,000,000.00    1,250,000,000.00

Class A (2004-05)

    750,000,000.00    750,000,000.00    750,000,000.00    750,000,000.00

Class A (2004-06)

    550,000,000.00    550,000,000.00    550,000,000.00    550,000,000.00

Class A (2004-07)

    1,200,000,000.00    1,200,000,000.00    1,200,000,000.00    1,200,000,000.00
    
  
  
  

Total Class A

    20,850,000,000.00    20,850,000,000.00    20,850,000,000.00    20,850,000,000.00

Class B (2002-01)

    250,000,000.00    250,000,000.00    250,000,000.00    250,000,000.00

Class B (2002-02)

    275,000,000.00    275,000,000.00    275,000,000.00    275,000,000.00

Class B (2002-03)

    500,000,000.00    500,000,000.00    500,000,000.00    500,000,000.00

Class B (2003-01)

    200,000,000.00    200,000,000.00    200,000,000.00    200,000,000.00

Class B (2003-02)

    125,000,000.00    125,000,000.00    125,000,000.00    125,000,000.00

Class B (2003-03)

    275,000,000.00    275,000,000.00    275,000,000.00    275,000,000.00

Class B (2004-01)

    250,000,000.00    250,000,000.00    250,000,000.00    250,000,000.00

Class B (2004-02)

    300,000,000.00    300,000,000.00    300,000,000.00    300,000,000.00
    
  
  
  

Total Class B

    2,175,000,000.00    2,175,000,000.00    2,175,000,000.00    2,175,000,000.00

Class C (2002-01)

    250,000,000.00    250,000,000.00    250,000,000.00    250,000,000.00

Class C (2002-02)

    225,000,000.00    225,000,000.00    225,000,000.00    225,000,000.00

Class C (2002-03)

    175,000,000.00    175,000,000.00    175,000,000.00    175,000,000.00

Class C (2003-01)

    200,000,000.00    200,000,000.00    200,000,000.00    200,000,000.00

Class C (2003-02)

    175,000,000.00    175,000,000.00    175,000,000.00    175,000,000.00

Class C (2003-03)

    400,000,000.00    400,000,000.00    400,000,000.00    400,000,000.00

Class C (2003-04)

    150,000,000.00    150,000,000.00    150,000,000.00    150,000,000.00

Class C (2004-01)

    150,000,000.00    150,000,000.00    150,000,000.00    150,000,000.00

Class C (2004-02)

    165,000,000.00    165,000,000.00    165,000,000.00    165,000,000.00
    
  
  
  

Total Class C

    1,890,000,000.00    1,890,000,000.00    1,890,000,000.00    1,890,000,000.00

Total

    24,915,000,000.00    24,915,000,000.00    24,915,000,000.00    24,915,000,000.00

 

2. Nominal Liquidation Amount of Notes of the ONEseries

 

Tranche    Beginning
Nominal
Liquidation
Amount		    Increases
from
accretion of
Principal for
Discount
Notes		    Increases
from
amounts
withdrawn
from the
Principal
Funding
Subaccounts
in respect of
Prefunding
Excess
Amounts		    Reimbursements
of prior Nominal
Liquidation
Amount Deficits
from Available
Finance Charge
Collections		    Reductions
due to
reallocations
of Available
Principal
Collections
and Investor
Charge-Offs		    Reductions
due to
amounts
deposited to
the
Principal
Funding
Subaccounts		    Ending Nominal
Liquidation
Amount

Class A (2002-01)

    1,000,000,000.00    0.00    0.00    0.00    0.00    0.00    1,000,000,000.00

Class A (2002-02)

    1,250,000,000.00    0.00    0.00    0.00    0.00    0.00    1,250,000,000.00

Class A (2002-03)

    500,000,000.00    0.00    0.00    0.00    0.00    0.00    500,000,000.00

Class A (2002-04)

    750,000,000.00    0.00    0.00    0.00    0.00    0.00    750,000,000.00

Class A (2002-05)

    850,000,000.00    0.00    0.00    0.00    0.00    0.00    850,000,000.00

Class A (2002-06)

    500,000,000.00    0.00    0.00    0.00    0.00    0.00    500,000,000.00

Class A (2003-01)

    1,000,000,000.00    0.00    0.00    0.00    0.00    0.00    1,000,000,000.00

Class A (2003-02)

    1,500,000,000.00    0.00    0.00    0.00    0.00    0.00    1,500,000,000.00

Class A (2003-03)

    1,250,000,000.00    0.00    0.00    0.00    0.00    0.00    1,250,000,000.00

Class A (2003-04)

    500,000,000.00    0.00    0.00    0.00    0.00    0.00    500,000,000.00

Class A (2003-05)

    1,000,000,000.00    0.00    0.00    0.00    0.00    0.00    1,000,000,000.00

Class A (2003-06)

    1,000,000,000.00    0.00    0.00    0.00    0.00    0.00    1,000,000,000.00

Class A (2003-07)

    500,000,000.00    0.00    0.00    0.00    0.00    0.00    500,000,000.00

Class A (2003-08)

    525,000,000.00    0.00    0.00    0.00    0.00    0.00    525,000,000.00

Class A (2003-09)

    650,000,000.00    0.00    0.00    0.00    0.00    0.00    650,000,000.00

Class A (2003-10)

    1,000,000,000.00    0.00    0.00    0.00    0.00    0.00    1,000,000,000.00

Class A (2004-01)

    650,000,000.00    0.00    0.00    0.00    0.00    0.00    650,000,000.00

Class A (2004-02)

    2,000,000,000.00    0.00    0.00    0.00    0.00    0.00    2,000,000,000.00

Class A (2004-03)

    675,000,000.00    0.00    0.00    0.00    0.00    0.00    675,000,000.00

Class A (2004-04)

    1,250,000,000.00    0.00    0.00    0.00    0.00    0.00    1,250,000,000.00

Class A (2004-05)

    750,000,000.00    0.00    0.00    0.00    0.00    0.00    750,000,000.00

Class A (2004-06)

    550,000,000.00    0.00    0.00    0.00    0.00    0.00    550,000,000.00

Class A (2004-07)

    1,200,000,000.00    0.00    0.00    0.00    0.00    0.00    1,200,000,000.00
    
  
  
  
  
  
  

Total Class A

    20,850,000,000.00    0.00    0.00    0.00    0.00    0.00    20,850,000,000.00

Class B (2002-01)

    250,000,000.00    0.00    0.00    0.00    0.00    0.00    250,000,000.00

Class B (2002-02)

    275,000,000.00    0.00    0.00    0.00    0.00    0.00    275,000,000.00

Class B (2002-03)

    500,000,000.00    0.00    0.00    0.00    0.00    0.00    500,000,000.00

Class B (2003-01)

    200,000,000.00    0.00    0.00    0.00    0.00    0.00    200,000,000.00

Class B (2003-02)

    125,000,000.00    0.00    0.00    0.00    0.00    0.00    125,000,000.00

Class B (2003-03)

    275,000,000.00    0.00    0.00    0.00    0.00    0.00    275,000,000.00

Class B (2004-01)

    250,000,000.00    0.00    0.00    0.00    0.00    0.00    250,000,000.00

Class B (2004-02)

    300,000,000.00    0.00    0.00    0.00    0.00    0.00    300,000,000.00
    
  
  
  
  
  
  

Total Class B

    2,175,000,000.00    0.00    0.00    0.00    0.00    0.00    2,175,000,000.00

Class C (2002-01)

    250,000,000.00    0.00    0.00    0.00    0.00    0.00    250,000,000.00

Class C (2002-02)

    225,000,000.00    0.00    0.00    0.00    0.00    0.00    225,000,000.00

Class C (2002-03)

    175,000,000.00    0.00    0.00    0.00    0.00    0.00    175,000,000.00

Class C (2003-01)

    200,000,000.00    0.00    0.00    0.00    0.00    0.00    200,000,000.00

Class C (2003-02)

    175,000,000.00    0.00    0.00    0.00    0.00    0.00    175,000,000.00

Class C (2003-03)

    400,000,000.00    0.00    0.00    0.00    0.00    0.00    400,000,000.00

Class C (2003-04)

    150,000,000.00    0.00    0.00    0.00    0.00    0.00    150,000,000.00

Class C (2004-01)

    150,000,000.00    0.00    0.00    0.00    0.00    0.00    150,000,000.00

Class C (2004-02)

    165,000,000.00    0.00    0.00    0.00    0.00    0.00    165,000,000.00
    
  
  
  
  
  
  

Total Class C

    1,890,000,000.00    0.00    0.00    0.00    0.00    0.00    1,890,000,000.00

Total

    24,915,000,000.00    0.00    0.00    0.00    0.00    0.00    24,915,000,000.00

 

3. ONEseries Interest Funding Account Subaccounts

 

Tranche    Beginning
Interest
Funding
Subaccount
Balance		    Targeted
deposits to the
Interest
Funding
Subaccount
with respect to
the current
period		    Previous
shortfalls
of targeted
deposits to
the Interest
Funding
Subaccount		    Actual
deposit to the
Interest Funding
Subaccount		    Amount
withdrawn from
the Interest
Funding
Subaccount for
payment to
Noteholders		     Other
Withdrawals		    Ending
Interest
Funding
Subaccount
Balance

Class A (2002-01)

    0.00    1,558,333.33    0.00    1,558,333.33    (1,558,333.33 )   0.00    0.00

Class A (2002-02)

    0.00    4,333,333.33    0.00    4,333,333.33    (4,333,333.33 )   0.00    0.00

Class A (2002-03)

    0.00    1,495,833.33    0.00    1,495,833.33    (1,495,833.33 )   0.00    0.00

Class A (2002-04)

    0.00    1,837,500.00    0.00    1,837,500.00    (1,837,500.00 )   0.00    0.00

Class A (2002-05)

    0.00    1,331,666.67    0.00    1,331,666.67    (1,331,666.67 )   0.00    0.00

Class A (2002-06)

    0.00    812,500.00    0.00    812,500.00    (812,500.00 )   0.00    0.00

Class A (2003-01)

    0.00    1,566,666.67    0.00    1,566,666.67    (1,566,666.67 )   0.00    0.00

Class A (2003-02)

    0.00    2,262,500.00    0.00    2,262,500.00    (2,262,500.00 )   0.00    0.00

Class A (2003-03)

    0.00    1,947,916.67    0.00    1,947,916.67    (1,947,916.67 )   0.00    0.00

Class A (2003-04)

    0.00    837,500.00    0.00    837,500.00    (837,500.00 )   0.00    0.00

Class A (2003-05)

    0.00    1,508,333.33    0.00    1,508,333.33    (1,508,333.33 )   0.00    0.00

Class A (2003-06)

    0.00    1,558,333.33    0.00    1,558,333.33    (1,558,333.33 )   0.00    0.00

Class A (2003-07)

    0.00    1,395,833.33    0.00    1,395,833.33    (1,395,833.33 )   0.00    0.00

Class A (2003-08)

    0.00    879,375.00    0.00    879,375.00    (879,375.00 )   0.00    0.00

Class A (2003-09)

    0.00    2,090,833.33    0.00    2,090,833.33    (2,090,833.33 )   0.00    0.00

Class A (2003-10)

    0.00    1,558,333.33    0.00    1,558,333.33    (1,558,333.33 )   0.00    0.00

Class A (2004-01)

    0.00    1,868,750.00    0.00    1,868,750.00    (1,868,750.00 )   0.00    0.00

Class A (2004-02)

    0.00    2,983,333.33    0.00    2,983,333.33    (2,983,333.33 )   0.00    0.00

Class A (2004-03)

    0.00    1,085,625.00    0.00    1,085,625.00    (1,085,625.00 )   0.00    0.00

Class A (2004-04)

    0.00    1,875,000.00    0.00    1,875,000.00    (1,875,000.00 )   0.00    0.00

Class A (2004-05)

    0.00    1,181,250.00    0.00    1,181,250.00    (1,181,250.00 )   0.00    0.00

Class A (2004-06)

    0.00    1,805,833.33    0.00    1,805,833.33    (1,805,833.33 )   0.00    0.00

Class A (2004-07)

    0.00    1,552,000.00    0.00    1,552,000.00    (1,552,000.00 )   0.00    0.00
    
  
  
  
  
 
  

Total Class A

    0.00    39,326,583.31    0.00    39,326,583.31    (39,326,583.31 )   0.00    0.00

Class B (2002-01)

    0.00    445,833.33    0.00    445,833.33    (445,833.33 )   0.00    0.00

Class B (2002-02)

    0.00    481,250.00    0.00    481,250.00    (481,250.00 )   0.00    0.00

Class B (2002-03)

    0.00    883,333.33    0.00    883,333.33    (883,333.33 )   0.00    0.00

Class B (2003-01)

    0.00    355,000.00    0.00    355,000.00    (355,000.00 )   0.00    0.00

Class B (2003-02)

    0.00    207,291.67    0.00    207,291.67    (207,291.67 )   0.00    0.00

Class B (2003-03)

    0.00    476,666.67    0.00    476,666.67    (476,666.67 )   0.00    0.00

Class B (2004-01)

    0.00    433,333.33    0.00    433,333.33    (433,333.33 )   0.00    0.00

Class B (2004-02)

    0.00    1,092,500.00    0.00    1,092,500.00    (1,092,500.00 )   0.00    0.00
    
  
  
  
  
 
  

Total Class B

    0.00    4,375,208.33    0.00    4,375,208.33    (4,375,208.33 )   0.00    0.00

Class C (2002-01)

    0.00    566,666.67    0.00    566,666.67    (566,666.67 )   0.00    0.00

Class C (2002-02)

    0.00    515,625.00    0.00    515,625.00    (515,625.00 )   0.00    0.00

Class C (2002-03)

    0.00    548,333.33    0.00    548,333.33    (548,333.33 )   0.00    0.00

Class C (2003-01)

    0.00    756,666.67    0.00    756,666.67    (756,666.67 )   0.00    0.00

Class C (2003-02)

    0.00    422,916.67    0.00    422,916.67    (422,916.67 )   0.00    0.00

Class C (2003-03)

    0.00    1,590,000.00    0.00    1,590,000.00    (1,590,000.00 )   0.00    0.00

Class C (2003-04)

    0.00    348,750.00    0.00    348,750.00    (348,750.00 )   0.00    0.00

Class C (2004-01)

    0.00    282,500.00    0.00    282,500.00    (282,500.00 )   0.00    0.00

Class C (2004-02)

    0.00    352,000.00    0.00    352,000.00    (352,000.00 )   0.00    0.00
    
  
  
  
  
 
  

Total Class C

    0.00    5,383,458.34    0.00    5,383,458.34    (5,383,458.34 )   0.00    0.00

Total

    0.00    49,085,249.98    0.00    49,085,249.98    (49,085,249.98 )   0.00    0.00

 

4. ONEseries Principal Funding Account Subaccounts

 

Tranche    Beginning
Principal
Funding
Subaccount
Balance		    Targeted
deposit to the
Principal
Funding
Subaccount
with respect to
the current
period		    Previous
shortfalls of
targeted
deposits to
the Principal
Funding
Subaccount		    Actual
deposit
to the
Principal
Funding
Subaccount		    Amount
withdrawn
from the
Principal
Funding
Subaccount
for payment to
Noteholders		    Other
Withdrawals		    Ending
Principal
Funding
Subaccount
Balance

Class A (2002-01)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2002-02)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2002-03)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2002-04)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2002-05)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2002-06)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2003-01)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2003-02)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2003-03)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2003-04)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2003-05)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2003-06)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2003-07)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2003-08)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2003-09)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2003-10)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2004-01)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2004-02)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2004-03)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2004-04)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2004-05)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2004-06)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2004-07)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00
    
  
  
  
  
  
  

Total Class A

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class B (2002-01)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class B (2002-02)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class B (2002-03)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class B (2003-01)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class B (2003-02)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class B (2003-03)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class B (2004-01)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class B (2004-02)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00
    
  
  
  
  
  
  

Total Class B

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2002-01)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2002-02)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2002-03)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2003-01)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2003-02)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2003-03)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2003-04)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2004-01)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2004-02)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00
    
  
  
  
  
  
  

Total Class C

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Total

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

 

5. ONEseries Class C Reserve Subaccounts

 

Tranche    Beginning
Class C
Reserve
Subaccount
Balance		    Class C
Reserve
Subaccount
earnings
for the
current
period		    Targeted
deposit to
the Class C
Reserve
Subaccount		    Actual
deposit to
the Class C
Reserve
Subaccount,
including
Excess
Amounts		    Amount
withdrawn
in respect of
payment
of interest or
principal to
Noteholders		    Withdrawal
of Excess
Amounts
pursuant to
subsection
3.25(c) of
the Indenture
Supplement		    Ending
Class C
Reserve
Subaccount
Balance

Class C (2002-01)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2002-02)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2002-03)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2003-01)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2003-02)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2003-03)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2003-04)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2004-01)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2004-02)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00
    
  
  
  
  
  
  

Total Class C

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Total

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

 

6. Class A Required Subordinated Amount of Class B and Class C Notes and Class A Usage of Class B and Class C Required Subordinated Amounts

 

Tranche    Required
Subordinated
Amount of Class B
Notes as of the close
of business on the
related Note
Transfer Date		    Required
Subordinated
Amount of Class C
Notes as of the close
of business on the
related Note
Transfer Date		    Class A
Usage of
Class B
Required
Subordinated
Amount for
the current
period		    Class A
Usage of
Class C
Required
Subordinated
Amount for
the current
period		    Cumulative
Class A
Usage of
Class B
Required
Subordinated
Amount		    Cumulative Class A
Usage of Class C
Required
Subordinated Amount

Class A (2002-01)

    84,795,300.00    84,795,300.00    0.00    0.00    0.00    0.00

Class A (2002-02)

    105,994,125.00    105,994,125.00    0.00    0.00    0.00    0.00

Class A (2002-03)

    42,397,650.00    42,397,650.00    0.00    0.00    0.00    0.00

Class A (2002-04)

    63,596,475.00    63,596,475.00    0.00    0.00    0.00    0.00

Class A (2002-05)

    72,076,005.00    72,076,005.00    0.00    0.00    0.00    0.00

Class A (2002-06)

    42,397,650.00    42,397,650.00    0.00    0.00    0.00    0.00

Class A (2003-01)

    84,795,300.00    84,795,300.00    0.00    0.00    0.00    0.00

Class A (2003-02)

    127,192,950.00    127,192,950.00    0.00    0.00    0.00    0.00

Class A (2003-03)

    105,994,125.00    105,994,125.00    0.00    0.00    0.00    0.00

Class A (2003-04)

    42,397,650.00    42,397,650.00    0.00    0.00    0.00    0.00

Class A (2003-05)

    84,795,300.00    84,795,300.00    0.00    0.00    0.00    0.00

Class A (2003-06)

    84,795,300.00    84,795,300.00    0.00    0.00    0.00    0.00

Class A (2003-07)

    42,397,650.00    42,397,650.00    0.00    0.00    0.00    0.00

Class A (2003-08)

    44,517,532.50    44,517,532.50    0.00    0.00    0.00    0.00

Class A (2003-09)

    55,116,945.00    55,116,945.00    0.00    0.00    0.00    0.00

Class A (2003-10)

    84,795,300.00    84,795,300.00    0.00    0.00    0.00    0.00

Class A (2004-01)

    55,116,945.00    55,116,945.00    0.00    0.00    0.00    0.00

Class A (2004-02)

    169,590,600.00    169,590,600.00    0.00    0.00    0.00    0.00

Class A (2004-03)

    57,236,827.50    57,236,827.50    0.00    0.00    0.00    0.00

Class A (2004-04)

    105,994,125.00    105,994,125.00    0.00    0.00    0.00    0.00

Class A (2004-05)

    63,596,475.00    63,596,475.00    0.00    0.00    0.00    0.00

Class A (2004-06)

    46,637,415.00    46,637,415.00    0.00    0.00    0.00    0.00

Class A (2004-07)

    101,754,360.00    101,754,360.00    0.00    0.00    0.00    0.00
    
  
  
  
  
  

Total

    1,767,982,005.00    1,767,982,005.00    0.00    0.00    0.00    0.00

 

7. Class B Required Subordinated Amount of Class C Notes and Class B Usage of Class C Required Subordinated Amounts

 

Tranche   

Required

Subordinated
Amount of Class C
Notes as of the close
of business on the
related Note
Transfer Date

    Class B
Usage of
Class C
Required
Subordinated
Amount for
the current
period		    Cumulative
Class B
Usage of
Class C
Required
Subordinated
Amount

Class B (2002-01)

    206,873,266.82    0.00    0.00

Class B (2002-02)

    227,560,593.50    0.00    0.00

Class B (2002-03)

    413,746,533.64    0.00    0.00

Class B (2003-01)

    165,498,613.45    0.00    0.00

Class B (2003-02)

    103,436,633.41    0.00    0.00

Class B (2003-03)

    227,560,593.50    0.00    0.00

Class B (2004-01)

    206,873,266.82    0.00    0.00

Class B (2004-02)

    248,247,920.18    0.00    0.00
    
  
  

Total

    1,799,797,421.32    0.00    0.00

 

C. Information regarding the performance of the ONEseries

 

     Current Monthly Period
     Prior Monthly Period
     2nd Prior Monthly Period
  

Portfolio Yield

    9.90 %   11.08 %   9.62 %

Less: Base Rate

    3.88 %   3.78 %   3.57 %
    
 
 

Excess Spread

    6.02 %   7.30 %   6.05 %

Three Month Average Excess Spread

    6.46 %            

Principal Payment Rate

    17.35 %            

 

Chase Manhattan Bank USA, National Association,
as Servicer

By:

  

/s/ Patricia Garvey

   

Patricia Garvey

Vice President