| 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 |
| Citigroup | 11,358.1 | 1 | 20.4 | 13 |
| Deutsche Bank AG | 7,642.2 | 2 | 13.7 | 11 |
| Credit Suisse | 5,627.8 | 3 | 10.1 | 9 |
| Banc of America Securities LLC | 4,720.6 | 4 | 8.5 | 6 |
| Wachovia Corp | 3,951.6 | 5 | 7.1 | 3 |
| Lehman Brothers | 3,873.7 | 6 | 7.0 | 3 |
| Merrill Lynch & Co Inc | 3,819.9 | 7 | 6.9 | 4 |
| Goldman Sachs & Co | 3,809.3 | 8 | 6.8 | 5 |
| Morgan Stanley | 3,328.1 | 9 | 6.0 | 5 |
| RBC Capital Markets | 2,179.0 | 10 | 3.9 | 4 |
| Industry Total | 55,659.9 | – | 100.0 | 41 |
| Source: Thomson Financial | ||||
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