| MANAGER ACTIVITY | ||||
| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| CREDIT CARD ABS | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Citigroup | 12,170.9 | 1 | 21.2 | 20 |
| Banc One Capital Markets | 11,256.6 | 2 | 19.6 | 21 |
| JP Morgan | 10,553.7 | 3 | 18.4 | 18 |
| Barclays Capital | 5,498.8 | 4 | 9.6 | 11 |
| Morgan Stanley | 3,954.5 | 5 | 6.9 | 5 |
| Deutsche Bank AG | 3,434.6 | 6 | 6.0 | 13 |
| Banc of America Securities LLC | 3,312.3 | 7 | 5.8 | 10 |
| Credit Suisse First Boston | 2,069.1 | 8 | 3.6 | 7 |
| Lehman Brothers | 2,048.1 | 9 | 3.6 | 7 |
| Wachovia Corp | 1,528.0 | 10 | 2.7 | 6 |
| Industry Total | 57,321.5 | – | 100.0 | 96 |
| Source: Thomson Financial | ||||
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