Common use of SECURITIES AND FUTURES AUTHORITY Clause in Contracts

SECURITIES AND FUTURES AUTHORITY. Notwithstanding anything to the contrary contained in a definitive Private Placement Memorandum or any transaction document, all persons may disclose to any and all persons, without limitation of any kind, the federal income tax treatment and tax structure of the securities described herein, any fact relevant to understanding the federal tax treatment or tax structure of the securities described herein, and all materials of any kind (including opinions or other tax analyses) relating to such federal tax treatment or tax structure. -------------------------------------------------------------------------------- Page 17 TO MATURITY ----------- PERCENTAGE OF CLASS B-2 CERTIFICATE PRINCIPAL BALANCE OUTSTANDING DATES PPC 0% PPC 75% PPC 100% PPC 125% PPC 150% ------------------ ----------------- ----------------- ----------------- ----------------- ----------------- Initial 100 100 100 100 100 May 2004 100 100 100 100 100 May 2005 100 100 100 100 100 May 2006 100 100 100 100 100 May 2007 100 87 64 46 33 May 2008 100 70 48 32 20 May 2009 100 56 36 22 2 May 2010 100 45 27 10 0 May 2011 100 36 20 0 0 May 2012 100 29 9 0 0 May 2013 100 23 0 0 0 May 2014 100 19 0 0 0 May 2015 100 9 0 0 0 May 2016 100 0 0 0 0 May 2017 100 0 0 0 0 May 2018 100 0 0 0 0 May 2019 100 0 0 0 0 May 2020 100 0 0 0 0 May 2021 100 0 0 0 0 May 2022 100 0 0 0 0 May 2023 100 0 0 0 0 May 2024 100 0 0 0 0 May 2025 96 0 0 0 0 May 2026 87 0 0 0 0 May 2027 77 0 0 0 0 May 2028 66 0 0 0 0 May 2029 54 0 0 0 0 May 2030 41 0 0 0 0 May 2031 28 0 0 0 0 May 2032 2 0 0 0 0 May 2033 0 0 0 0 0 Average Life to 26.08 7.29 5.48 4.49 3.91 Maturity (years) Average Life to 26.02 7.03 5.29 4.33 3.79 Call (1) (years)

SECURITIES AND FUTURES AUTHORITY. Notwithstanding anything to the contrary contained in a definitive Private Placement Memorandum or any transaction document, all persons may disclose to any and all persons, without limitation of any kind, the federal income tax treatment and tax structure of the securities described herein, any fact relevant to understanding the federal tax treatment or tax structure of the securities described herein, and all materials of any kind (including opinions or other tax analyses) relating to such federal tax treatment or tax structure. -------------------------------------------------------------------------------- Page 17 14 TO MATURITY ----------- PERCENTAGE OF CLASS B-2 M-2 CERTIFICATE PRINCIPAL BALANCE OUTSTANDING DATES PPC 0% PPC 75% PPC 100% PPC 125% PPC 150% ------------------ ----------------- ----------------- ----------------- ----------------- ----------------- Initial 100 100 100 100 100 May 2004 100 100 100 100 100 May 2005 100 100 100 100 100 May 2006 100 100 100 100 100 May 2007 100 87 64 46 33 May 2008 100 70 48 32 20 May 2009 100 56 36 22 2 13 May 2010 100 45 27 10 0 15 8 May 2011 100 36 20 0 0 10 2 May 2012 100 29 9 0 15 7 0 May 2013 100 23 0 0 11 2 0 May 2014 100 19 0 8 0 0 May 2015 100 15 4 0 0 May 2016 100 12 1 0 0 May 2017 100 9 0 0 0 May 2016 100 0 0 0 0 May 2017 100 0 0 0 0 May 2018 100 0 7 0 0 0 May 2019 100 0 4 0 0 0 May 2020 100 0 1 0 0 0 May 2021 100 0 0 0 0 May 2022 100 0 0 0 0 May 2023 100 0 0 0 0 May 2024 100 0 0 0 0 May 2025 96 0 0 0 0 May 2026 87 0 0 0 0 May 2027 77 0 0 0 0 May 2028 66 0 0 0 0 May 2029 54 0 0 0 0 May 2030 41 0 0 0 0 May 2031 28 0 0 0 0 May 2032 2 13 0 0 0 0 May 2033 0 0 0 0 0 Average Life to 26.08 7.29 5.48 4.49 3.91 26.14 7.67 5.79 4.81 4.34 Maturity (years) Average Life to 26.02 7.03 5.29 4.33 3.79 5.30 4.41 4.02 Call (1) (years)

SECURITIES AND FUTURES AUTHORITY. Notwithstanding anything to the contrary contained in a definitive Private Placement Memorandum or any transaction document, all persons may disclose to any and all persons, without limitation of any kind, the federal income tax treatment and tax structure of the securities described herein, any fact relevant to understanding the federal tax treatment or tax structure of the securities described herein, and all materials of any kind (including opinions or other tax analyses) relating to such federal tax treatment or tax structure. -------------------------------------------------------------------------------- Page 17 13 TO MATURITY ----------- PERCENTAGE OF CLASS B-2 M-1 CERTIFICATE PRINCIPAL BALANCE OUTSTANDING DATES PPC 0% PPC 75% PPC 100% PPC 125% PPC 150% ------------------ ----------------- ----------------- ----------------- ----------------- ----------------- Initial 100 100 100 100 100 May 2004 100 100 100 100 100 May 2005 100 100 100 100 100 May 2006 100 100 100 100 100 May 2007 100 87 64 46 33 81 May 2008 100 70 48 32 20 May 2009 100 56 36 22 2 13 May 2010 100 45 27 10 0 15 8 May 2011 100 36 20 0 0 10 5 May 2012 100 29 9 0 0 15 7 1 May 2013 100 23 0 0 11 5 0 May 2014 100 19 0 0 8 2 0 May 2015 100 9 0 15 6 0 0 May 2016 100 0 0 12 4 0 0 May 2017 100 0 0 9 2 0 0 May 2018 100 0 7 0 0 0 May 2019 100 0 6 0 0 0 May 2020 100 0 4 0 0 0 May 2021 100 0 2 0 0 0 May 2022 100 0 0 0 0 May 2023 100 0 0 0 0 May 2024 100 0 0 0 0 May 2025 96 0 0 0 0 May 2026 87 0 0 0 0 May 2027 77 0 0 0 0 May 2028 66 0 0 0 0 May 2029 54 0 0 0 0 May 2030 41 0 0 0 0 May 2031 28 0 0 0 0 May 2032 2 13 0 0 0 0 May 2033 0 0 0 0 0 Average Life to 26.08 7.29 5.48 4.49 3.91 26.14 7.75 5.88 5.01 4.82 Maturity (years) Average Life to 26.02 7.03 5.29 4.33 3.79 5.33 4.56 4.46 Call (1) (years)

SECURITIES AND FUTURES AUTHORITY. Notwithstanding anything to the contrary contained in a definitive Private Placement Memorandum or any transaction document, all persons may disclose to any and all persons, without limitation of any kind, the federal income tax treatment and tax structure of the securities described herein, any fact relevant to understanding the federal tax treatment or tax structure of the securities described herein, and all materials of any kind (including opinions or other tax analyses) relating to such federal tax treatment or tax structure. -------------------------------------------------------------------------------- Page 17 15 TO MATURITY ----------- PERCENTAGE OF CLASS B-2 M-3 CERTIFICATE PRINCIPAL BALANCE OUTSTANDING DATES PPC 0% PPC 75% PPC 100% PPC 125% PPC 150% ------------------ ----------------- ----------------- ----------------- ----------------- ----------------- Initial 100 100 100 100 100 May 2004 100 100 100 100 100 May 2005 100 100 100 100 100 May 2006 100 100 100 100 100 May 2007 100 87 64 46 33 May 2008 100 70 48 32 20 May 2009 100 56 36 22 2 13 May 2010 100 45 27 10 0 15 4 May 2011 100 36 20 0 10 0 May 2012 100 29 9 15 0 0 May 2013 100 23 0 11 0 0 May 2014 100 19 4 0 0 May 2015 100 15 0 0 0 May 2015 2016 100 12 0 0 0 May 2017 100 9 0 0 0 May 2016 100 0 0 0 0 May 2017 100 0 0 0 0 May 2018 100 0 1 0 0 0 May 2019 100 0 0 0 0 May 2020 100 0 0 0 0 May 2021 100 0 0 0 0 May 2022 100 0 0 0 0 May 2023 100 0 0 0 0 May 2024 100 0 0 0 0 May 2025 96 0 0 0 0 May 2026 87 0 0 0 0 May 2027 77 0 0 0 0 May 2028 66 0 0 0 0 May 2029 54 0 0 0 0 May 2030 41 0 0 0 0 May 2031 28 0 0 0 0 May 2032 2 13 0 0 0 0 May 2033 0 0 0 0 0 Average Life to 26.08 7.29 5.48 4.49 3.91 26.13 7.56 5.69 4.68 4.13 Maturity (years) Average Life to 26.02 7.03 5.29 4.33 3.79 4.36 3.88 Call (1) (years)

SECURITIES AND FUTURES AUTHORITY. Notwithstanding anything to the contrary contained in a definitive Private Placement Memorandum or any transaction document, all persons may disclose to any and all persons, without limitation of any kind, the federal income tax treatment and tax structure of the securities described herein, any fact relevant to understanding the federal tax treatment or tax structure of the securities described herein, and all materials of any kind (including opinions or other tax analyses) relating to such federal tax treatment or tax structure. -------------------------------------------------------------------------------- Page 17 11 TO MATURITY ----------- PERCENTAGE OF CLASS B-2 A-2 CERTIFICATE PRINCIPAL BALANCE OUTSTANDING DATES PPC 0% PPC 75% PPC 100% PPC 125% PPC 150% ------------------ ----------------- ----------------- ----------------- ----------------- ----------------- Initial 100 100 100 100 100 May 2004 100 100 100 100 100 99 80 74 68 62 May 2005 100 100 100 100 100 97 61 50 40 31 May 2006 100 100 100 100 100 96 45 32 20 11 May 2007 100 87 64 46 33 95 35 26 20 11 May 2008 100 70 48 32 93 28 20 14 10 May 2009 100 56 36 22 91 23 15 10 7 May 2010 89 19 12 7 5 May 2011 87 15 9 5 3 May 2012 85 12 7 4 3 May 2013 82 10 5 3 2 May 2010 100 45 27 10 0 May 2011 100 36 20 0 0 May 2012 100 29 9 0 0 May 2013 100 23 0 0 0 May 2014 100 19 0 0 80 8 4 2 0 May 2015 100 9 0 0 77 7 3 2 0 May 2016 100 0 0 0 74 5 3 1 0 May 2017 100 0 0 70 4 2 0 0 May 2018 100 0 0 66 4 2 0 0 May 2019 100 0 0 63 3 1 0 0 May 2020 100 0 59 2 0 0 0 May 2021 100 0 54 2 0 0 0 May 2022 100 0 50 2 0 0 0 May 2023 100 0 45 1 0 0 0 May 2024 100 0 40 1 0 0 0 May 2025 96 35 0 0 0 0 May 2026 87 32 0 0 0 0 May 2027 77 28 0 0 0 0 May 2028 66 24 0 0 0 0 May 2029 54 19 0 0 0 0 May 2030 41 15 0 0 0 0 May 2031 28 9 0 0 0 0 May 2032 2 4 0 0 0 0 May 2033 0 0 0 0 0 Average Life to 26.08 7.29 5.48 4.49 3.91 18.09 4.18 3.17 2.48 1.94 Maturity (years) Average Life to 26.02 7.03 5.29 4.33 3.79 18.06 3.80 2.86 2.21 1.71 Call (1) (years)

SECURITIES AND FUTURES AUTHORITY. Notwithstanding anything to the contrary contained in a definitive Private Placement Memorandum or any transaction document, all persons may disclose to any and all persons, without limitation of any kind, the federal income tax treatment and tax structure of the securities described herein, any fact relevant to understanding the federal tax treatment or tax structure of the securities described herein, and all materials of any kind (including opinions or other tax analyses) relating to such federal tax treatment or tax structure. -------------------------------------------------------------------------------- Page 17 12 TO MATURITY ----------- PERCENTAGE OF CLASS B-2 A-3 CERTIFICATE PRINCIPAL BALANCE OUTSTANDING DATES PPC 0% PPC 75% PPC 100% PPC 125% PPC 150% ------------------ ----------------- ----------------- ----------------- ----------------- ----------------- Initial 100 100 100 100 100 May 2004 100 100 100 100 100 99 80 74 68 62 May 2005 100 100 100 100 100 97 61 50 40 31 May 2006 100 100 100 100 100 96 45 32 20 11 May 2007 100 87 64 46 33 95 35 26 20 11 May 2008 100 70 48 32 93 28 20 14 10 May 2009 100 56 36 22 91 23 15 10 7 May 2010 89 19 12 7 5 May 2011 87 15 9 5 3 May 2012 85 12 7 4 3 May 2013 82 10 5 3 2 May 2010 100 45 27 10 0 May 2011 100 36 20 0 0 May 2012 100 29 9 0 0 May 2013 100 23 0 0 0 May 2014 100 19 0 0 80 8 4 2 0 May 2015 100 9 0 0 77 7 3 2 0 May 2016 100 0 0 0 74 5 3 1 0 May 2017 100 0 0 70 4 2 0 0 May 2018 100 0 0 66 4 2 0 0 May 2019 100 0 0 63 3 1 0 0 May 2020 100 0 59 2 0 0 0 May 2021 100 0 54 2 0 0 0 May 2022 100 0 50 2 0 0 0 May 2023 100 0 45 1 0 0 0 May 2024 100 0 40 1 0 0 0 May 2025 96 35 0 0 0 0 May 2026 87 32 0 0 0 0 May 2027 77 28 0 0 0 0 May 2028 66 24 0 0 0 0 May 2029 54 19 0 0 0 0 May 2030 41 15 0 0 0 0 May 2031 28 9 0 0 0 0 May 2032 2 4 0 0 0 0 May 2033 0 0 0 0 0 Average Life to 26.08 7.29 5.48 4.49 3.91 18.09 4.18 3.17 2.48 1.94 Maturity (years) Average Life to 26.02 7.03 5.29 4.33 3.79 18.06 3.80 2.86 2.21 1.71 Call (1) (years)

SECURITIES AND FUTURES AUTHORITY. Notwithstanding anything to the contrary contained in a definitive Private Placement Memorandum or any transaction document, all persons may disclose to any and all persons, without limitation of any kind, the federal income tax treatment and tax structure of the securities described herein, any fact relevant to understanding the federal tax treatment or tax structure of the securities described herein, and all materials of any kind (including opinions or other tax analyses) relating to such federal tax treatment or tax structure. -------------------------------------------------------------------------------- Page 17 16 TO MATURITY ----------- PERCENTAGE OF CLASS B-2 B-1 CERTIFICATE PRINCIPAL BALANCE OUTSTANDING DATES PPC 0% PPC 75% PPC 100% PPC 125% PPC 150% ------------------ ----------------- ----------------- ----------------- ----------------- ----------------- Initial 100 100 100 100 100 May 2004 100 100 100 100 100 May 2005 100 100 100 100 100 May 2006 100 100 100 100 100 May 2007 100 87 64 46 33 May 2008 100 70 48 32 20 May 2009 100 56 36 22 2 13 May 2010 100 45 27 10 15 0 May 2011 100 36 20 0 4 0 May 2012 100 29 9 15 0 0 May 2013 100 23 0 6 0 0 May 2014 100 19 0 0 0 May 2015 100 9 15 0 0 0 May 2016 100 0 10 0 0 0 May 2017 100 0 0 0 0 May 2018 100 0 0 0 0 May 2019 100 0 0 0 0 May 2020 100 0 0 0 0 May 2021 100 0 0 0 0 May 2022 100 0 0 0 0 May 2023 100 0 0 0 0 May 2024 100 0 0 0 0 May 2025 96 0 0 0 0 May 2026 87 0 0 0 0 May 2027 77 0 0 0 0 May 2028 66 0 0 0 0 May 2029 54 0 0 0 0 May 2030 41 0 0 0 0 May 2031 28 0 0 0 0 May 2032 2 13 0 0 0 0 May 2033 0 0 0 0 0 Average Life to 26.08 7.29 5.48 4.49 3.91 26.11 7.45 5.60 4.58 4.02 Maturity (years) Average Life to 26.02 7.03 5.29 4.33 3.79 3.82 Call (1) (years)

SECURITIES AND FUTURES AUTHORITY. Notwithstanding anything to the contrary contained in a definitive Private Placement Memorandum or any transaction document, all persons may disclose to any and all persons, without limitation of any kind, the federal income tax treatment and tax structure of the securities described herein, any fact relevant to understanding the federal tax treatment or tax structure of the securities described herein, and all materials of any kind (including opinions or other tax analyses) relating to such federal tax treatment or tax structure. -------------------------------------------------------------------------------- Page 17 12 TO MATURITY ----------- PERCENTAGE OF CLASS B-2 M-1 CERTIFICATE PRINCIPAL BALANCE OUTSTANDING DATES PPC 0% PPC 75% PPC 100% PPC 125% PPC 150% ------------------ ----------------- ----------------- ----------------- ----------------- ----------------- --------- ------ ------- -------- -------- -------- Initial 100 100 100 100 100 May 2004 100 100 100 100 100 May 2005 100 100 100 100 100 May 2006 100 100 100 100 100 May 2007 100 87 64 46 33 81 May 2008 100 70 48 32 20 May 2009 100 56 36 22 2 13 May 2010 100 45 27 10 0 15 8 May 2011 100 36 20 0 0 10 5 May 2012 100 29 9 0 0 15 7 1 May 2013 100 23 0 0 11 5 0 May 2014 100 19 0 0 8 2 0 May 2015 100 9 0 15 6 0 0 May 2016 100 0 0 12 4 0 0 May 2017 100 0 0 9 2 0 0 May 2018 100 0 7 0 0 0 May 2019 100 0 6 0 0 0 May 2020 100 0 4 0 0 0 May 2021 100 0 2 0 0 0 May 2022 100 0 0 0 0 May 2023 100 0 0 0 0 May 2024 100 0 0 0 0 May 2025 96 0 0 0 0 May 2026 87 0 0 0 0 May 2027 77 0 0 0 0 May 2028 66 0 0 0 0 May 2029 54 0 0 0 0 May 2030 41 0 0 0 0 May 2031 28 0 0 0 0 May 2032 2 13 0 0 0 0 May 2033 0 0 0 0 0 Average Life to 26.08 7.29 5.48 4.49 3.91 Maturity (years) 26.14 7.75 5.88 5.01 4.82 Average Life to 26.02 7.03 5.29 4.33 3.79 Call (1) 26.02 7.03 5.33 4.56 4.46 (years)

SECURITIES AND FUTURES AUTHORITY. Notwithstanding anything to the contrary contained in a definitive Private Placement Memorandum or any transaction document, all persons may disclose to any and all persons, without limitation of any kind, the federal income tax treatment and tax structure of the securities described herein, any fact relevant to understanding the federal tax treatment or tax structure of the securities described herein, and all materials of any kind (including opinions or other tax analyses) relating to such federal tax treatment or tax structure. -------------------------------------------------------------------------------- Page 17 11 TO MATURITY ----------- PERCENTAGE OF CLASS B-2 A-2 CERTIFICATE PRINCIPAL BALANCE OUTSTANDING DATES PPC 0% PPC 75% PPC 100% PPC 125% PPC 150% ------------------ ----------------- ----------------- ----------------- ----------------- ----------------- --------- ------ ------- -------- -------- -------- Initial 100 100 100 100 100 May 2004 100 100 100 100 100 99 80 74 68 62 May 2005 100 100 100 100 100 97 61 50 40 31 May 2006 100 100 100 100 100 96 45 32 20 11 May 2007 100 87 64 46 33 95 35 26 20 11 May 2008 100 70 48 32 93 28 20 14 10 May 2009 100 56 36 22 91 23 15 10 7 May 2010 89 19 12 7 5 May 2011 87 15 9 5 3 May 2012 85 12 7 4 3 May 2013 82 10 5 3 2 May 2010 100 45 27 10 0 May 2011 100 36 20 0 0 May 2012 100 29 9 0 0 May 2013 100 23 0 0 0 May 2014 100 19 0 0 80 8 4 2 0 May 2015 100 9 0 0 77 7 3 2 0 May 2016 100 0 0 0 74 5 3 1 0 May 2017 100 0 0 70 4 2 0 0 May 2018 100 0 0 66 4 2 0 0 May 2019 100 0 0 63 3 1 0 0 May 2020 100 0 59 2 0 0 0 May 2021 100 0 54 2 0 0 0 May 2022 100 0 50 2 0 0 0 May 2023 100 0 45 1 0 0 0 May 2024 100 0 40 1 0 0 0 May 2025 96 35 0 0 0 0 May 2026 87 32 0 0 0 0 May 2027 77 28 0 0 0 0 May 2028 66 24 0 0 0 0 May 2029 54 19 0 0 0 0 May 2030 41 15 0 0 0 0 May 2031 28 9 0 0 0 0 May 2032 2 4 0 0 0 0 May 2033 0 0 0 0 0 Average Life to 26.08 7.29 5.48 4.49 3.91 Maturity (years) 18.09 4.18 3.17 2.48 1.94 Average Life to 26.02 7.03 5.29 4.33 3.79 Call (1) 18.06 3.80 2.86 2.21 1.71 (years)

SECURITIES AND FUTURES AUTHORITY. Notwithstanding anything to the contrary contained in a definitive Private Placement Memorandum or any transaction document, all persons may disclose to any and all persons, without limitation of any kind, the federal income tax treatment and tax structure of the securities described herein, any fact relevant to understanding the federal tax treatment or tax structure of the securities described herein, and all materials of any kind (including opinions or other tax analyses) relating to such federal tax treatment or tax structure. -------------------------------------------------------------------------------- Page 17 14 TO MATURITY ----------- PERCENTAGE OF CLASS B-2 M-3 CERTIFICATE PRINCIPAL BALANCE OUTSTANDING DATES Dates PPC 0% PPC 75% PPC 100% PPC 125% PPC 150% ------------------ ----------------- ----------------- ----------------- ----------------- ----------------- -------- ------ ------- -------- -------- -------- Initial 100 100 100 100 100 May 2004 100 100 100 100 100 May 2005 100 100 100 100 100 May 2006 100 100 100 100 100 May 2007 100 87 64 46 33 May 2008 100 70 48 32 20 May 2009 100 56 36 22 2 13 May 2010 100 45 27 10 0 15 8 May 2011 100 36 20 0 0 10 2 May 2012 100 29 9 0 15 7 0 May 2013 100 23 0 0 11 2 0 May 2014 100 19 0 8 0 0 May 2015 100 15 4 0 0 May 2016 100 12 1 0 0 May 2017 100 9 0 0 0 May 2016 100 0 0 0 0 May 2017 100 0 0 0 0 May 2018 100 0 7 0 0 0 May 2019 100 0 4 0 0 0 May 2020 100 0 1 0 0 0 May 2021 100 0 0 0 0 May 2022 100 0 0 0 0 May 2023 100 0 0 0 0 May 2024 100 0 0 0 0 May 2025 96 0 0 0 0 May 2026 87 0 0 0 0 May 2027 77 0 0 0 0 May 2028 66 0 0 0 0 May 2029 54 0 0 0 0 May 2030 41 0 0 0 0 May 2031 28 0 0 0 0 May 2032 2 13 0 0 0 0 May 2033 0 0 0 0 0 Average Life to 26.08 7.29 5.48 4.49 3.91 Maturity (years) 26.14 7.67 5.79 4.81 4.34 Average Life to 26.02 7.03 5.29 4.33 3.79 Call (1) 26.02 7.03 5.30 4.41 4.02 (years)

SECURITIES AND FUTURES AUTHORITY. Notwithstanding anything to the contrary contained in a definitive Private Placement Memorandum or any transaction document, all persons may disclose to any and all persons, without limitation of any kind, the federal income tax treatment and tax structure of the securities described herein, any fact relevant to understanding the federal tax treatment or tax structure of the securities described herein, and all materials of any kind (including opinions or other tax analyses) relating to such federal tax treatment or tax structure. -------------------------------------------------------------------------------- Page 17 13 TO MATURITY ----------- PERCENTAGE OF CLASS B-2 M-2 CERTIFICATE PRINCIPAL BALANCE OUTSTANDING DATES PPC 0% PPC 75% PPC 100% PPC 125% PPC 150% ------------------ ----------------- ----------------- ----------------- ----------------- ----------------- -------- ------ ------- -------- -------- -------- Initial 100 100 100 100 100 May 2004 100 100 100 100 100 May 2005 100 100 100 100 100 May 2006 100 100 100 100 100 May 2007 100 87 64 46 33 May 2008 100 70 48 32 20 May 2009 100 56 36 22 2 13 May 2010 100 45 27 10 0 15 8 May 2011 100 36 20 0 0 10 2 May 2012 100 29 9 0 15 7 0 May 2013 100 23 0 0 11 2 0 May 2014 100 19 0 8 0 0 May 2015 100 15 4 0 0 May 2016 100 12 1 0 0 May 2017 100 9 0 0 0 May 2016 100 0 0 0 0 May 2017 100 0 0 0 0 May 2018 100 0 7 0 0 0 May 2019 100 0 4 0 0 0 May 2020 100 0 1 0 0 0 May 2021 100 0 0 0 0 May 2022 100 0 0 0 0 May 2023 100 0 0 0 0 May 2024 100 0 0 0 0 May 2025 96 0 0 0 0 May 2026 87 0 0 0 0 May 2027 77 0 0 0 0 May 2028 66 0 0 0 0 May 2029 54 0 0 0 0 May 2030 41 0 0 0 0 May 2031 28 0 0 0 0 May 2032 2 13 0 0 0 0 May 2033 0 0 0 0 0 Average Life to 26.08 7.29 5.48 4.49 3.91 Maturity (years) 26.14 7.67 5.79 4.81 4.34 Average Life to 26.02 7.03 5.29 4.33 3.79 Call (1) 26.02 7.03 5.30 4.41 4.02 (years)

SECURITIES AND FUTURES AUTHORITY. Notwithstanding anything to the contrary contained in a definitive Private Placement Memorandum or any transaction document, all persons may disclose to any and all persons, without limitation of any kind, the federal income tax treatment and tax structure of the securities described herein, any fact relevant to understanding the federal tax treatment or tax structure of the securities described herein, and all materials of any kind (including opinions or other tax analyses) relating to such federal tax treatment or tax structure. -------------------------------------------------------------------------------- Page 17 16 TO MATURITY ----------- PERCENTAGE OF CLASS B-2 CERTIFICATE PRINCIPAL BALANCE OUTSTANDING DATES PPC 0% PPC 75% PPC 100% PPC 125% PPC 150% ------------------ ----------------- ----------------- ----------------- ----------------- ----------------- -------- ------ ------- -------- -------- -------- Initial 100 100 100 100 100 May 2004 100 100 100 100 100 May 2005 100 100 100 100 100 May 2006 100 100 100 100 100 May 2007 100 87 64 46 33 May 2008 100 70 48 32 20 May 2009 100 56 36 22 2 May 2010 100 45 27 10 0 May 2011 100 36 20 0 0 May 2012 100 29 9 0 0 May 2013 100 23 0 0 0 May 2014 100 19 0 0 0 May 2015 100 9 0 0 0 May 2016 100 0 0 0 0 May 2017 100 0 0 0 0 May 2018 100 0 0 0 0 May 2019 100 0 0 0 0 May 2020 100 0 0 0 0 May 2021 100 0 0 0 0 May 2022 100 0 0 0 0 May 2023 100 0 0 0 0 May 2024 100 0 0 0 0 May 2025 96 0 0 0 0 May 2026 87 0 0 0 0 May 2027 77 0 0 0 0 May 2028 66 0 0 0 0 May 2029 54 0 0 0 0 May 2030 41 0 0 0 0 May 2031 28 0 0 0 0 May 2032 2 0 0 0 0 May 2033 0 0 0 0 0 Average Life to Maturity (years) 26.08 7.29 5.48 4.49 3.91 Maturity (years) Average Life to Call (1) 26.02 7.03 5.29 4.33 3.79 Call (1) (years)

SECURITIES AND FUTURES AUTHORITY. Notwithstanding anything to the contrary contained in a definitive Private Placement Memorandum or any transaction document, all persons may disclose to any and all persons, without limitation of any kind, the federal income tax treatment and tax structure of the securities described herein, any fact relevant to understanding the federal tax treatment or tax structure of the securities described herein, and all materials of any kind (including opinions or other tax analyses) relating to such federal tax treatment or tax structure. -------------------------------------------------------------------------------- Page 17 TO MATURITY ----------- PERCENTAGE OF CLASS B-2 B-1 CERTIFICATE PRINCIPAL BALANCE OUTSTANDING DATES PPC 0% PPC 75% PPC 100% PPC 125% PPC 150% ------------------ ----------------- ----------------- ----------------- ----------------- ----------------- ----- ------ ------- -------- -------- -------- Initial 100 100 100 100 100 May 2004 100 100 100 100 100 May 2005 100 100 100 100 100 May 2006 100 100 100 100 100 May 2007 100 87 64 46 33 May 2008 100 70 48 32 20 May 2009 100 56 36 22 2 13 May 2010 100 45 27 10 15 0 May 2011 100 36 20 0 4 0 May 2012 100 29 9 15 0 0 May 2013 100 23 0 6 0 0 May 2014 100 19 0 0 0 May 2015 100 9 15 0 0 0 May 2016 100 0 10 0 0 0 May 2017 100 0 0 0 0 May 2018 100 0 0 0 0 May 2019 100 0 0 0 0 May 2020 100 0 0 0 0 May 2021 100 0 0 0 0 May 2022 100 0 0 0 0 May 2023 100 0 0 0 0 May 2024 100 0 0 0 0 May 2025 96 0 0 0 0 May 2026 87 0 0 0 0 May 2027 77 0 0 0 0 May 2028 66 0 0 0 0 May 2029 54 0 0 0 0 May 2030 41 0 0 0 0 May 2031 28 0 0 0 0 May 2032 2 13 0 0 0 0 May 2033 0 0 0 0 0 Average Life to 26.08 7.29 5.48 4.49 3.91 Maturity (years) 26.11 7.45 5.60 4.58 4.02 Average Life to Call (1) 26.02 7.03 5.29 4.33 3.79 Call (1) 3.82 (years)