| MANAGER ACTIVITY | ||||
| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| STUDENT LOAN ABS | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Merrill Lynch & Co Inc | 3,535.9 | 1 | 19.4 | 4 |
| JP Morgan | 2,254.7 | 2 | 12.4 | 5 |
| Citigroup | 2,254.4 | 3 | 12.4 | 3 |
| Deutsche Bank AG | 2,221.3 | 4 | 12.2 | 3 |
| Credit Suisse First Boston | 1,876.0 | 5 | 10.3 | 3 |
| Banc of America Securities LLC | 1,781.4 | 6 | 9.8 | 2 |
| Morgan Stanley | 1,521.5 | 7 | 8.4 | 4 |
| UBS | 1,301.4 | 8 | 7.1 | 2 |
| Lehman Brothers | 1,012.6 | 9 | 5.6 | 2 |
| RBC Capital Markets | 462.0 | 10 | 2.5 | 1 |
| Industry Total | 18,221.2 | – | 100.0 | 17 |
| Source: Thomson Financial | ||||
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