Capital One Multi Asset Execution Trust 8-K Other events

Exhibit 99.2

CARD SERIES SCHEDULE TO
MONTHLY NOTEHOLDERS’ STATEMENT

Date:       February 10, 2004

CAPITAL ONE MULTI-ASSET EXECUTION TRUST, ASSET POOL 1
Monthly Period Ending: January 31, 2004

Reference is made to the Series 2002-CC Supplement (the “Series 2002-CC Supplement”), dated as of October 9, 2002, between Capital One Funding, LLC, a Virginia limited liability company (“Funding”), as Transferor, Capital One Bank, a Virginia banking corporation (the “Bank”), as Servicer, and The Bank of New York, as Trustee, and the Indenture (the “Indenture”), dated as of October 9, 2002, between Capital One Multi-asset Execution Trust, as Issuer, and The Bank of New York, as Indenture Trustee.  Terms used herein and not defined herein have the meanings ascribed to them in the Series 2002-CC Supplement, the Indenture and the related Indenture Supplements, as applicable.

The following computations are prepared with respect to the Transfer Date of February 13, 2004 and with respect to the performance of the Trust during the related Monthly Period.

A. Targeted Deposits to Interest Funding sub-Accounts:

	Targeted Deposit to Interest Funding sub-Account	Actual Deposit to Interest Funding sub-Account	Interest Funding sub- account Balance prior to Withdrawals	Interest Funding sub- Account Earnings
Class A (2002-1)	627,916.67	627,916.67	627,916.67	0.00
Class A (2002-2)	709,500.00	709,500.00	709,500.00	0.00
Class A (2003-1)	1,639,000.00	1,639,000.00	1,639,000.00	0.00
Class A (2003-A)	552,040.95	552,040.95	552,040.95	0.00
Class A (2003-2)	554,583.33	554,583.33	554,583.33	0.00
Class A (2003-3)	618,750.00	618,750.00	618,750.00	0.00
Class A (2003-4)	2,281,250.00	2,281,250.00	2,281,250.00	0.00
Class A (2003-5)	637,083.33	637,083.33	637,083.33	0.00
Class A (2003-6)	1,229,166.67	1,229,166.67	1,229,166.67	0.00
Class A (2003-7)	880,000.00	880,000.00	880,000.00	0.00
Class B (2002-1)	571,083.33	571,083.33	571,083.33	0.00
Class B (2003-1)	416,166.67	416,166.67	416,166.67	0.00
Class B (2003-2)	437,500.00	437,500.00	437,500.00	0.00
Class B (2003-3)	562,500.00	562,500.00	562,500.00	0.00
Class B (2003-4)	348,333.33	348,333.33	348,333.33	0.00
Class B (2003-5)	598,750.00	598,750.00	598,750.00	0.00
Class B (2003-6)	373,541.67	373,541.67	373,541.67	0.00
Class B (2004-1)	192,500.00	192,500.00	192,500.00	0.00
Class C (2002-1)	529,375.00	529,375.00	529,375.00	0.00
Class C (2003-A)	398,750.00	398,750.00	398,750.00	0.00
Class C (2003-B)	590,153.93	590,153.93	590,153.93	0.00
Class C (2003-1)	836,458.33	836,458.33	836,458.33	0.00
Class C (2003-2)	810,000.00	810,000.00	810,000.00	0.00
Class C (2003-3)	767,708.33	767,708.33	767,708.33	0.00
Class C (2003-4)	1,250,000.00	1,250,000.00	1,250,000.00	0.00
Class C (2003-5)	309,375.00	309,375.00	309,375.00	0.00
Class C (2004-1)	453,333.33	453,333.33	453,333.33	0.00

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B. Interest to be paid on the corresponding Distribution Date:

	CUSIP Number	Interest Payment Date	Total Amount of Interest to be paid	Per $1000
Class A (2002-1)	14041NAC5	17-Feb-04	627,916.67	1.2558333333
Class A (2002-2)	14041NAD3	17-Feb-04	709,500.00	1.1825000000
Class A (2003-1)	14041NAJ0	17-Feb-04	1,639,000.00	1.3658333333
Class A (2003-A)		17-Feb-04	552,040.95	1.3801023833
Class A (2003-2)	14041NAR2	17-Feb-04	554,583.33	1.1091666667
Class A (2003-3)	14041NAS0	17-Feb-04	618,750.00	1.2375000000
Class A (2003-4)	14041NAW1	17-Feb-04	2,281,250.00	3.0416666667
Class A (2003-5)	14041NAX9	17-Feb-04	637,083.33	1.2741666667
Class A (2003-6)	14041NAY7	17-Feb-04	1,229,166.67	2.4583333333
Class A (2003-7)	14041NBC4	17-Feb-04	880,000.00	1.1733333333
Class B (2002-1)	14041NAA9	17-Feb-04	571,083.33	1.6316666667
Class B (2003-1)	14041NAK7	17-Feb-04	416,166.67	2.0808333333
Class B (2003-2)	14041NAL5	17-Feb-04	437,500.00	2.9166666667
Class B (2003-3)	14041NAT8	17-Feb-04	562,500.00	3.7500000000
Class B (2003-4)	14041NAU5	17-Feb-04	348,333.33	1.7416666667
Class B (2003-5)	14041NBA8	17-Feb-04	598,750.00	3.9916666667
Class B (2003-6)	14041NBB6	17-Feb-04	373,541.67	1.4941666667
Class B (2004-1)	14041N BF7	17-Feb-04	192,500.00	0.7700000000
Class C (2002-1)	14041NAB7	17-Feb-04	529,375.00	3.5291666667
Class C (2003-A)	14041NAE1	17-Feb-04	398,750.00	3.9875000000
Class C (2003-B)		17-Feb-04	590,153.93	3.9343595333
Class C (2003-1)	14041NAP6	17-Feb-04	836,458.33	3.3458333333
Class C (2003-2)	14041NAQ4	17-Feb-04	810,000.00	3.6000000000
Class C (2003-3)	14041NAV3	17-Feb-04	767,708.33	3.0708333333
Class C (2003-4)	14041NAZ4	17-Feb-04	1,250,000.00	5.0000000000
Class C (2003-5)	14041NBD2	17-Feb-04	309,375.00	2.0625000000
Class C (2004-1)	14041N BE0	17-Feb-04	453,333.33	2.2666666667

C. Targeted Deposits to Principal Funding sub-Accounts:

	Targeted Deposit to Principal Funding sub- Account	Actual Deposit to Principal Funding sub-Account	Principal Funding sub- account Balance prior to Withdrawals	Principal Funding sub- Account Earnings
NOTHING TO REPORT

D. Principal to be paid on the Distribution Date:

	CUSIP Number	Principal Payment Date	Total Amount of Principal to be paid	Per 1000
NOTHING TO REPORT

E. Targeted Deposits to Class C Reserve sub-Accounts:

	Targeted Deposit to Class C Reserve sub- Account	Actual Deposit to Class C Reserve sub-Account	Class C Reserve sub- Account Balance prior to Withdrawals	Class C Reserve sub- Account Earnings
NOTHING TO REPORT

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F. Withdrawals to be made from Class C Reserve sub-Accounts:

	Withdrawals for Interest	Withdrawals for Principal	Class C Reserve sub-Account Balance after Withdrawals
NOTHING TO REPORT

G. Targeted Deposits to Class D Reserve sub-Accounts:

	Targeted Deposit to Class D Reserve sub-Account	Actual Deposit to Class D Reserve sub-Account	Class D Reserve sub-Account Balance prior to Withdrawals	Class D Reserve sub-Account Earnings
NOTHING TO REPORT

H. Withdrawals to be made from Class D Reserve sub-Accounts:

	Withdrawals for Interest	Withdrawals for Principal	Class D Reserve sub-Account Balance after Withdrawals
NOTHING TO REPORT

I. Targeted Deposits to Accumulation Reserve sub-Accounts:

	Targeted Deposit to Accumulation Reserve sub-Account	Actual Deposit to Accumulation Reserve sub- Account	Accumulation Reserve sub- Account Balance prior to Withdrawals	Accumulation Reserve sub- Account Earnings
NOTHING TO REPORT

J. Withdrawals to be made from Accumulation Reserve sub-Accounts:

	Withdrawal Amount	Accumulation Reserve sub- Account  Balance after Withdrawals
NOTHING TO REPORT

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K. Outstanding Dollar Principal Amount and Nominal Liquidation Amount for the related Monthly Period:
(as of the end of the related Monthly Period)

	Initial Dollar Principal Amount	Outstanding Dollar Principal Amount		Adjusted Outstanding Dollar Principal Amount	Nominal Liquidation Amount
Class A (2002-1)	500,000,000.00	500,000,000.00		500,000,000.00	500,000,000.00
Class A (2002-2)	600,000,000.00	600,000,000.00		600,000,000.00	600,000,000.00
Class A (2003-1)	1,200,000,000.00	1,200,000,000.00		1,200,000,000.00	1,200,000,000.00
Class A (2003-A)	400,000,000.00	400,000,000.00		400,000,000.00	400,000,000.00
Class A (2003-2)	500,000,000.00	500,000,000.00		500,000,000.00	500,000,000.00
Class A (2003-3)	500,000,000.00	500,000,000.00		500,000,000.00	500,000,000.00
Class A (2003-4)	750,000,000.00	750,000,000.00		750,000,000.00	750,000,000.00
Class A (2003-5)	500,000,000.00	500,000,000.00		500,000,000.00	500,000,000.00
Class A (2003-6)	500,000,000.00	500,000,000.00		500,000,000.00	500,000,000.00
Class A (2003-7)	750,000,000.00	750,000,000.00		750,000,000.00	750,000,000.00
Class B (2002-1)	350,000,000.00	350,000,000.00		350,000,000.00	350,000,000.00
Class B (2003-1)	200,000,000.00	200,000,000.00		200,000,000.00	200,000,000.00
Class B (2003-2)	150,000,000.00	150,000,000.00		150,000,000.00	150,000,000.00
Class B (2003-3)	150,000,000.00	150,000,000.00		150,000,000.00	150,000,000.00
Class B (2003-4)	200,000,000.00	200,000,000.00		200,000,000.00	200,000,000.00
Class B (2003-5)	150,000,000.00	150,000,000.00		150,000,000.00	150,000,000.00
Class B (2003-6)	250,000,000.00	250,000,000.00		250,000,000.00	250,000,000.00
Class B (2004-1)	250,000,000.00	250,000,000.00		250,000,000.00	250,000,000.00
Class C (2002-1)	150,000,000.00	150,000,000.00		150,000,000.00	150,000,000.00
Class C (2003-A)	100,000,000.00	100,000,000.00		100,000,000.00	100,000,000.00
Class C (2003-B)	150,000,000.00	150,000,000.00		150,000,000.00	150,000,000.00
Class C (2003-1)	250,000,000.00	250,000,000.00		250,000,000.00	250,000,000.00
Class C (2003-2)	225,000,000.00	225,000,000.00		225,000,000.00	225,000,000.00
Class C (2003-3)	250,000,000.00	250,000,000.00		250,000,000.00	250,000,000.00
Class C (2003-4)	250,000,000.00	250,000,000.00		250,000,000.00	250,000,000.00
Class C (2003-5)	150,000,000.00	150,000,000.00		150,000,000.00	150,000,000.00
Class C (2004-1)	200,000,000.00	200,000,000.00		200,000,000.00	200,000,000.00
Class D (2002-1)		146,577,655.72	��	146,577,655.72	146,577,655.72

L. Class A Usage of Class B, C and D Subordination Amounts:

	Class A Usage of Class B Subordination Amount for this Monthly Period	Class A Usage of Class C Subordination Amount for this Monthly Period	Class A Usage of Class D Subordination Amount for this Monthly Period	Cumulative Class A Usage of Class B Subordination Amount	Cumulative Class A Usage of Class C Subordination Amount	Cumulative Class A Usage of Class D Subordination Amount
NOTHING TO REPORT

M. Class B Usage of Class C and D Subordination Amounts:

	Class B Usage of Class C Subordination Amount for this Monthly Period	Class B Usage of Class D Subordination Amount for this Monthly Period	Cumulative Class B Usage of Class C Subordination Amount	Cumulative Class B Usage of Class D Subordination Amount
NOTHING TO REPORT

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N. Class C Usage of Class D Subordination Amounts:

	Class C Usage of Class D Subordination Amount for this Monthly Period	Cumulative Class C Usage of Class D Subordination Amount
NOTHING TO REPORT

O. Required and Available Subordination Amount to Class A, B and C Notes: (as of the Determination Date, after taking into account all allocations expected to occur on the Distribution Date)

	Required Subordination Amount from Class B Notes	Available Subordination Amount from Class B Notes	Required Subordination Amount from Class C Notes	Available Subordination Amount from Class C Notes	Required Subordination Amount from Class D Notes	Available Subordination Amount from Class D Notes
Class A (2002-1)	61,538,500.00	61,538,500.00	44,615,500.00	44,615,500.00	9,231,000.00	9,231,000.00
Class A (2002-2)	73,846,200.00	73,846,200.00	53,538,600.00	53,538,600.00	11,077,200.00	11,077,200.00
Class A (2003-1)	147,692,400.00	147,692,400.00	107,077,200.00	107,077,200.00	22,154,400.00	22,154,400.00
Class A (2003-A)	49,230,800.00	49,230,800.00	35,692,400.00	35,692,400.00	7,384,800.00	7,384,800.00
Class A (2003-2)	61,538,500.00	61,538,500.00	44,615,500.00	44,615,500.00	9,231,000.00	9,231,000.00
Class A (2003-3)	61,538,500.00	61,538,500.00	44,615,500.00	44,615,500.00	9,231,000.00	9,231,000.00
Class A (2003-4)	92,307,750.00	92,307,750.00	66,923,250.00	66,923,250.00	13,846,500.00	13,846,500.00
Class A (2003-5)	61,538,500.00	61,538,500.00	44,615,500.00	44,615,500.00	9,231,000.00	9,231,000.00
Class A (2003-6)	61,538,500.00	61,538,500.00	44,615,500.00	44,615,500.00	9,231,000.00	9,231,000.00
Class A (2003-7)	92,307,750.00	92,307,750.00	66,923,250.00	66,923,250.00	13,846,500.00	13,846,500.00
Class B (2002-1)			129,226,899.39	129,226,899.39	26,737,214.54	26,737,214.54
Class B (2003-1)			73,843,942.51	73,843,942.51	15,278,408.31	15,278,408.31
Class B (2003-2)			55,382,956.88	55,382,956.88	11,458,806.23	11,458,806.23
Class B (2003-3)			55,382,956.88	55,382,956.88	11,458,806.23	11,458,806.23
Class B (2003-4)			73,843,942.51	73,843,942.51	15,278,408.31	15,278,408.31
Class B (2003-5)			55,382,956.88	55,382,956.88	11,458,806.23	11,458,806.23
Class B (2003-6)			92,304,928.14	92,304,928.14	19,098,010.39	19,098,010.39
Class B (2004-1)			92,304,928.14	92,304,928.14	19,098,010.39	19,098,010.39
Class C (2002-1)					12,745,883.11	12,745,883.11
Class C (2003-A)					8,497,255.40	8,497,255.40
Class C (2003-B)					12,745,883.11	12,745,883.11
Class C (2003-1)					21,243,138.51	21,243,138.51
Class C (2003-2)					19,118,824.66	19,118,824.66
Class C (2003-3)					21,243,138.51	21,243,138.51
Class C (2003-4)					21,243,138.51	21,243,138.51
Class C (2003-5)					12,745,883.11	12,745,883.11
Class C (2004-1)					16,994,510.81	16,994,510.81

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P. Nominal Liquidation Amount for Tranches of Notes Outstanding:
(as of Determination Date, after taking into account all allocations expected to occur on the Distribution Date)

	Beginning Nominal Liquidation Amount	Increase due to issuance of additional Notes or accretions of Principal for Discount Notes	Withdrawal from Principal Funding sub- Account	Reimbursements of Nominal Liquidation Amount from Available Funds	Reductions due to reallocation of Card Series Principal Amounts	Reduction due to Investor Charge- offs	Reductions due to deposits into the Principal Funding sub- Account	Ending Nominal Liquidation Amount
Class A (2002-1)	500,000,000.00	—	—	—	—	—	—	500,000,000.00
Class A (2002-2)	600,000,000.00	—	—	—	—	—	—	600,000,000.00
Class A (2003-1)	1,200,000,000.00	—	—	—	—	—	—	1,200,000,000.00
Class A (2003-A)	400,000,000.00	—	—	—	—	—	—	400,000,000.00
Class A (2003-2)	500,000,000.00	—	—	—	—	—	—	500,000,000.00
Class A (2003-3)	500,000,000.00	—	—	—	—	—	—	500,000,000.00
Class A (2003-4)	750,000,000.00	—	—	—	—	—	—	750,000,000.00
Class A (2003-5)	500,000,000.00	—	—	—	—	—	—	500,000,000.00
Class A (2003-6)	500,000,000.00	—	—	—	—	—	—	500,000,000.00
Class A (2003-7)	750,000,000.00	—	—	—	—	—	—	750,000,000.00
Class B (2002-1)	350,000,000.00	—	—	—	—	—	—	350,000,000.00
Class B (2003-1)	200,000,000.00	—	—	—	—	—	—	200,000,000.00
Class B (2003-2)	150,000,000.00	—	—	—	—	—	—	150,000,000.00
Class B (2003-3)	150,000,000.00	—	—	—	—	—	—	150,000,000.00
Class B (2003-4)	200,000,000.00	—	—	—	—	—	—	200,000,000.00
Class B (2003-5)	150,000,000.00	—	—	—	—	—	—	150,000,000.00
Class B (2003-6)	250,000,000.00	—	—	—	—	—	—	250,000,000.00
Class B (2004-1)	250,000,000.00	—	—	—	—	—	—	250,000,000.00
Class C (2002-1)	150,000,000.00	—	—	—	—	—	—	150,000,000.00
Class C (2003-A)	100,000,000.00	—	—	—	—	—	—	100,000,000.00
Class C (2003-B)	150,000,000.00	—	—	—	—	—	—	150,000,000.00
Class C (2003-1)	250,000,000.00	—	—	—	—	—	—	250,000,000.00
Class C (2003-2)	225,000,000.00	—	—	—	—	—	—	225,000,000.00
Class C (2003-3)	250,000,000.00	—	—	—	—	—	—	250,000,000.00
Class C (2003-4)	250,000,000.00	—	—	—	—	—	—	250,000,000.00
Class C (2003-5)	150,000,000.00	—	—	—	—	—	—	150,000,000.00
Class C (2004-1)	200,000,000.00	—	—	—	—	—	—	200,000,000.00
Class D (2002-1)	146,577,655.72	—	—	—	—	—	—	146,577,655.72

IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Certificate this tenth day of February, 2004.

Capital One Bank,
as Administrator
By:	/s/ Steve Cunningham
Name:		Steve Cunningham
Title:		Director, Capital Markets

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