Exhibit 99 (A)
DISCOVER CARD MASTER TRUST 1
Series 1996-3
Credit Card Pass - Through Certificates
Distribution and Performance
Annual Aggregate Report - 2005
Pursuant to the Series Supplement dated as of February 21, 1996, as amended, for Series 1996-3, and relating to the Amended and Restated Pooling and Servicing Agreement dated as of November 3, 2004 (the “Agreement”) by and between Discover Bank (the “Servicer”) and U.S. Bank National Association, as Trustee, as amended, the Servicer is required to prepare certain information each month regarding current distributions to Investor Certificateholders and the performance of the Trust during the previous month. For purposes of filing Form 10-K, certain information is required to be prepared with respect to such Distribution Dates occurring during the fiscal year ended November 30, 2005. The information which is required to be prepared with respect to such Distribution Dates related to the period mentioned above is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per Investor Certificate. Certain other information is presented based upon the aggregate amounts for the Trust as a whole.
| A. | | Information Regarding the Aggregate Distributions for the Fiscal Year Ended November 30, 2005 |
| | (a) | | The amount of distribution to Class A Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $36,300,000.00 | | $36,300,000.00 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $60.50000000 | | $60.50000000 | | $0.00000000 |
| | (a) | | The amount of distribution to Class B Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $1,973,687.52 | | $1,973,687.52 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $62.50000063 | | $62.50000063 | | $0.00000000 |
1
| B. | | Information Regarding the Performance of the Trust |
| | 1. | | Collections of Receivables |
| | | | | | | |
| (a) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods. | | $ | 5,323,480,948.83 | |
| | | | | | | |
| (b) | | The aggregate amount of Interchange processed during the related Due Periods. | | $ | 1,005,564,324.19 | |
| | | | | | | |
| (c) | | The aggregate amount of Principal Collections processed during the related Due Periods. | | $ | 76,381,166,213.59 | |
| | | | | | | |
| (d) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 1,068,029,685.73 | |
| | | | | | | |
| (e) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 872,216,766.01 | |
| | | | | | | |
| (f) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 15,317,642,310.79 | |
| | | | | | | |
| (g) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 96,799,867.62 | |
| | | | | | | |
| (h) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 0.00 | |
| | | | | | | |
| (i) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 1,388,420,087.16 | |
| | | | | | | |
| (j) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 5,094,696.34 | |
| | | | | | | |
| (k) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 0.00 | |
| | | | | | | |
| (l) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 73,073,760.66 | |
| | (a) | | The aggregate amount of Class A and Class B Investor Losses, as defined in the Agreement, during the related Due Periods. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (b) | | The amount of Class A and Class B Investor Losses |
2
| | | | set forth in paragraph (a) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (c) | | The total amount reimbursed to the Trust in the current year pursuant to the Agreement, if any, in respect of Class A and Class B Investor Losses. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (d) | | The amount set forth in paragraph (c) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (e) | | The aggregate amount of unreimbursed Class A and Class B Investor Losses in the Trust as of the end of the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (f) | | The amount set forth in paragraph (e) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | 3. | | Investor Servicing Fee |
| | (a) | | The amount of Class A and Class B Monthly Servicing Fee payable by the Trust to the Servicer for the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $12,000,000.00 | | $631,580.04 |
| | 4. | | Available Credit Enhancement Amount |
| | (a) | | The Amount available to be drawn from both the shared and Class B portion of the Credit Enhancement in accordance with the Agreement and its respective Series Supplement as of the Distribution Date prior to November 30, 2005. |
| | | |
| Shared Amount | | Class B Amount |
| $0.00 | | $18,947,370.00 |
| | (b) | | The amount set forth in paragraph (a) above as a percentage of the Series Investor Interest and the Class B Investor Interest. |
| | | |
| Shared Amount | | Class B Amount |
| 0.00% | | 60.00% |
3
DISCOVER CARD MASTER TRUST 1
Series 1996-4
Credit Card Pass - Through Certificates
Distribution and Performance
Annual Aggregate Report - 2005
Pursuant to the Series Supplement dated as of April 30, 1996, as amended, for Series 1996-4, and relating to the Amended and Restated Pooling and Servicing Agreement dated as of November 3, 2004 (the “Agreement”) by and between Discover Bank (the “Servicer”) and U.S. Bank National Association, as Trustee, as amended, the Servicer is required to prepare certain information each month regarding current distributions to Investor Certificateholders and the performance of the Trust during the previous month. For purposes of filing Form 10-K, certain information is required to be prepared with respect to such Distribution Dates occurring during the fiscal year ended November 30, 2005. The information which is required to be prepared with respect to such Distribution Dates related to the period mentioned above is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per Investor Certificate. Certain other information is presented based upon the aggregate amounts for the Trust as a whole.
| A. | | Information Regarding the Aggregate Distributions for the Fiscal Year Ended November 30, 2005 |
| | (a) | | The amount of distribution to Class A Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $34,517,977.50 | | $34,517,977.50 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $34.51797750 | | $34.51797750 | | $0.00000000 |
| | (a) | | The amount of distribution to Class B Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $1,910,135.44 | | $1,910,135.44 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $36.29228302 | | $36.29228302 | | $0.00000000 |
4
| B. | | Information Regarding the Performance of the Trust |
| | 1. | | Collections of Receivables |
| | | | | | | |
| (a) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods. | | $ | 5,323,480,948.83 | |
| | | | | | | |
| (b) | | The aggregate amount of Interchange processed during the related Due Periods. | | $ | 1,005,564,324.19 | |
| | | | | | | |
| (c) | | The aggregate amount of Principal Collections processed during the related Due Periods. | | $ | 76,381,166,213.59 | |
| | | | | | | |
| (d) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 1,068,029,685.73 | |
| | | | | | | |
| (e) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 872,216,766.01 | |
| | | | | | | |
| (f) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 15,317,642,310.79 | |
| | | | | | | |
| (g) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 161,334,315.95 | |
| | | | | | | |
| (h) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 0.00 | |
| | | | | | | |
| (i) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 2,314,051,450.84 | |
| | | | | | | |
| (j) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 8,491,150.58 | |
| | | | | | | |
| (k) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 0.00 | |
| | | | | | | |
| (l) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 121,790,466.96 | |
| | (a) | | The aggregate amount of Class A and Class B Investor Losses, as defined in the Agreement, during the related Due Periods. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (b) | | The amount of Class A and Class B Investor Losses set forth in paragraph (a) above, per $1,000 interest. |
5
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (c) | | The total amount reimbursed to the Trust in the current year pursuant to the Agreement, if any, in respect of Class A and Class B Investor Losses. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (d) | | The amount set forth in paragraph (c) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (e) | | The aggregate amount of unreimbursed Class A and Class B Investor Losses in the Trust as of the end of the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (f) | | The amount set forth in paragraph (e) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | 3. | | Investor Servicing Fee |
| | (a) | | The amount of Class A and Class B Monthly Servicing Fee payable by the Trust to the Servicer for the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $20,000,000.04 | | $1,052,640.00 |
| | 4. | | Available Credit Enhancement Amount |
| | (a) | | The Amount available to be drawn from both the shared and Class B portion of the Credit Enhancement in accordance with the Agreement and its respective Series Supplement as of the Distribution Date prior to November 30, 2005. |
| | | |
| Shared Amount | | Class B Amount |
| $0.00 | | $63,157,920.00 |
| | (b) | | The amount set forth in paragraph (a) above as a percentage of the Series Investor Interest and the Class B Investor Interest. |
| | | |
| Shared Amount | | Class B Amount |
| 0.00% | | 120.00% |
6
DISCOVER CARD MASTER TRUST 1
Series 2000-4
Credit Card Pass - Through Certificates
Distribution and Performance
Annual Aggregate Report - 2005
Pursuant to the Series Supplement dated as of May 10, 2000, as amended, for Series 2000-4, and relating to the Amended and Restated Pooling and Servicing Agreement dated as of November 3, 2004 (the “Agreement”) by and between Discover Bank (the “Servicer”) and U.S. Bank National Association, as Trustee, as amended, the Servicer is required to prepare certain information each month regarding current distributions to Investor Certificateholders and the performance of the Trust during the previous month. For purposes of filing Form 10-K, certain information is required to be prepared with respect to such Distribution Dates occurring during the fiscal year ended November 30, 2005. The information which is required to be prepared with respect to such Distribution Dates related to the period mentioned above is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per Investor Certificate. Certain other information is presented based upon the aggregate amounts for the Trust as a whole.
| A. | | Information Regarding the Aggregate Distributions for the Fiscal Year Ended November 30, 2005 |
| | (a) | | The amount of distribution to Class A Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $21,349,289.53 | | $21,349,289.53 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $32.84506082 | | $32.84506082 | | $0.00000000 |
| | (a) | | The amount of distribution to Class B Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $1,206,909.14 | | $1,206,909.14 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $35.27839408 | | $35.27839408 | | $0.00000000 |
7
| B. | | Information Regarding the Performance of the Trust |
| | 1. | | Collections of Receivables |
| | | | | | | |
| (a) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods. | | $ | 5,323,480,948.83 | |
| | | | | | | |
| (b) | | The aggregate amount of Interchange processed during the related Due Periods. | | $ | 1,005,564,324.19 | |
| | | | | | | |
| (c) | | The aggregate amount of Principal Collections processed during the related Due Periods. | | $ | 76,381,166,213.59 | |
| | | | | | | |
| (d) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 1,068,029,685.73 | |
| | | | | | | |
| (e) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 872,216,766.01 | |
| | | | | | | |
| (f) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 15,317,642,310.79 | |
| | | | | | | |
| (g) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 104,867,011.08 | |
| | | | | | | |
| (h) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 0.00 | |
| | | | | | | |
| (i) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 1,504,129,896.56 | |
| | | | | | | |
| (j) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 5,519,585.15 | |
| | | | | | | |
| (k) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 0.00 | |
| | | | | | | |
| (l) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 79,168,126.76 | |
| | (a) | | The aggregate amount of Class A and Class B Investor Losses, as defined in the Agreement, during the related Due Periods. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (b) | | The amount of Class A and Class B Investor Losses set forth in paragraph (a) above, per $1,000 interest. |
8
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (c) | | The total amount reimbursed to the Trust in the current year pursuant to the Agreement, if any, in respect of Class A and Class B Investor Losses. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (d) | | The amount set forth in paragraph (c) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (e) | | The aggregate amount of unreimbursed Class A and Class B Investor Losses in the Trust as of the end of the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (f) | | The amount set forth in paragraph (e) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | 3. | | Investor Servicing Fee |
| | (a) | | The amount of Class A and Class B Monthly Servicing Fee payable by the Trust to the Servicer for the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $12,999,999.96 | | $684,219.96 |
| | 4. | | Available Credit Enhancement Amount |
| | (a) | | The Amount available to be drawn from both the shared and Class B portion of the Credit Enhancement in accordance with the Agreement and its respective Series Supplement as of the Distribution Date prior to November 30, 2005. |
| | | |
| Shared Amount | | Class B Amount |
| $0.00 | | $51,315,825.00 |
| | (b) | | The amount set forth in paragraph (a) above as a percentage of the Series Investor Interest and the Class B Investor Interest. |
| | | |
| Shared Amount | | Class B Amount |
| 0.00% | | 150.00% |
9
DISCOVER CARD MASTER TRUST 1
Series 2000-7
Credit Card Pass - Through Certificates
Distribution and Performance
Annual Aggregate Report - 2005
Pursuant to the Series Supplement dated as of June 20, 2000, as amended, for Series 2000-7, and relating to the Amended and Restated Pooling and Servicing Agreement dated as of November 3, 2004 (the “Agreement”) by and between Discover Bank (the “Servicer”) and U.S. Bank National Association, as Trustee, as amended, the Servicer is required to prepare certain information each month regarding current distributions to Investor Certificateholders and the performance of the Trust during the previous month. For purposes of filing Form 10-K, certain information is required to be prepared with respect to such Distribution Dates occurring during the fiscal year ended November 30, 2005. The information which is required to be prepared with respect to such Distribution Dates related to the period mentioned above is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per Investor Certificate. Certain other information is presented based upon the aggregate amounts for the Trust as a whole.
| A. | | Information Regarding the Aggregate Distributions for the Fiscal Year Ended November 30, 2005 |
| | (a) | | The amount of distribution to Class A Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $24,762,920.12 | | $24,762,920.12 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $29.13284720 | | $29.13284720 | | $0.00000000 |
| | (a) | | The amount of distribution to Class B Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $1,412,176.21 | | $1,412,176.21 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $31.56618034 | | $31.56618034 | | $0.00000000 |
10
| B. | | Information Regarding the Performance of the Trust |
| | 1. | | Collections of Receivables |
| | | | | | | |
| (a) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods. | | $ | 5,323,480,948.83 | |
| | | | | | | |
| (b) | | The aggregate amount of Interchange processed during the related Due Periods. | | $ | 1,005,564,324.19 | |
| | | | | | | |
| (c) | | The aggregate amount of Principal Collections processed during the related Due Periods. | | $ | 76,381,166,213.59 | |
| | | | | | | |
| (d) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 1,068,029,685.73 | |
| | | | | | | |
| (e) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 872,216,766.01 | |
| | | | | | | |
| (f) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 15,317,642,310.79 | |
| | | | | | | |
| (g) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 137,133,753.06 | |
| | | | | | | |
| (h) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 0.00 | |
| | | | | | | |
| (i) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 1,966,938,184.33 | |
| | | | | | | |
| (j) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 7,218,263.83 | |
| | | | | | | |
| (k) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 0.00 | |
| | | | | | | |
| (l) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 103,533,282.89 | |
| | (a) | | The aggregate amount of Class A and Class B Investor Losses, as defined in the Agreement, during the related Due Periods. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (b) | | The amount of Class A and Class B Investor Losses set forth in paragraph (a) above, per $1,000 interest. |
11
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (c) | | The total amount reimbursed to the Trust in the current year pursuant to the Agreement, if any, in respect of Class A and Class B Investor Losses. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (d) | | The amount set forth in paragraph (c) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (e) | | The aggregate amount of unreimbursed Class A and Class B Investor Losses in the Trust as of the end of the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (f) | | The amount set forth in paragraph (e) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | 3. | | Investor Servicing Fee |
| | (a) | | The amount of Class A and Class B Monthly Servicing Fee payable by the Trust to the Servicer for the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $17,000,000.04 | | $894,740.04 |
| | 4. | | Available Credit Enhancement Amount |
| | (a) | | The Amount available to be drawn from both the shared and Class B portion of the Credit Enhancement in accordance with the Agreement and its respective Series Supplement as of the Distribution Date prior to November 30, 2005. |
| | | |
| Shared Amount | | Class B Amount |
| $0.00 | | $67,105,275.00 |
| | (b) | | The amount set forth in paragraph (a) above as a percentage of the Series Investor Interest and the Class B Investor Interest. |
| | | |
| Shared Amount | | Class B Amount |
| 0.00% | | 150.00% |
12
DISCOVER CARD MASTER TRUST 1
Series 2001-1
Credit Card Pass - Through Certificates
Distribution and Performance
Annual Aggregate Report - 2005
Pursuant to the Series Supplement dated as of January 04, 2001, as amended, for Series 2001-1, and relating to the Amended and Restated Pooling and Servicing Agreement dated as of November 3, 2004 (the “Agreement”) by and between Discover Bank (the “Servicer”) and U.S. Bank National Association, as Trustee, as amended, the Servicer is required to prepare certain information each month regarding current distributions to Investor Certificateholders and the performance of the Trust during the previous month. For purposes of filing Form 10-K, certain information is required to be prepared with respect to such Distribution Dates occurring during the fiscal year ended November 30, 2005. The information which is required to be prepared with respect to such Distribution Dates related to the period mentioned above is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per Investor Certificate. Certain other information is presented based upon the aggregate amounts for the Trust as a whole.
| A. | | Information Regarding the Aggregate Distributions for the Fiscal Year Ended November 30, 2005 |
| | (a) | | The amount of distribution to Class A Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $39,535,739.67 | | $39,535,739.67 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $32.94644972 | | $32.94644972 | | $0.00000000 |
| | (a) | | The amount of distribution to Class B Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $2,292,148.02 | | $2,292,148.02 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $36.29228316 | | $36.29228316 | | $0.00000000 |
13
| B. | | Information Regarding the Performance of the Trust |
| | 1. | | Collections of Receivables |
| | | | | | | |
| (a) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods. | | $ | 5,323,480,948.83 | |
| | | | | | | |
| (b) | | The aggregate amount of Interchange processed during the related Due Periods. | | $ | 1,005,564,324.19 | |
| | | | | | | |
| (c) | | The aggregate amount of Principal Collections processed during the related Due Periods. | | $ | 76,381,166,213.59 | |
| | | | | | | |
| (d) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 1,068,029,685.73 | |
| | | | | | | |
| (e) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 872,216,766.01 | |
| | | | | | | |
| (f) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 15,317,642,310.79 | |
| | | | | | | |
| (g) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 193,600,629.95 | |
| | | | | | | |
| (h) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 0.00 | |
| | | | | | | |
| (i) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 2,776,854,217.33 | |
| | | | | | | |
| (j) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 10,189,831.77 | |
| | | | | | | |
| (k) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 0.00 | |
| | | | | | | |
| (l) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 146,154,566.34 | |
| | (a) | | The aggregate amount of Class A and Class B Investor Losses, as defined in the Agreement, during the related Due Periods. |
| | | | | |
| Class A | | Class B |
| $0.00 | | $ | 0.00 | |
| | (b) | | The amount of Class A and Class B Investor Losses set forth in paragraph (a) above, per $1,000 interest. |
14
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (c) | | The total amount reimbursed to the Trust in the current year pursuant to the Agreement, if any, in respect of Class A and Class B Investor Losses. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (d) | | The amount set forth in paragraph (c) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (e) | | The aggregate amount of unreimbursed Class A and Class B Investor Losses in the Trust as of the end of the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (f) | | The amount set forth in paragraph (e) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | 3. | | Investor Servicing Fee |
| | (a) | | The amount of Class A and Class B Monthly Servicing Fee payable by the Trust to the Servicer for the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $24,000,000.00 | | $1,263,159.96 |
| | 4. | | Available Credit Enhancement Amount |
| | (a) | | The Amount available to be drawn from both the shared and Class B portion of the Credit Enhancement in accordance with the Agreement and its respective Series Supplement as of the Distribution Date prior to November 30, 2005. |
| | | |
| Shared Amount | | Class B Amount |
| $0.00 | | $94,736,850.00 |
| | (b) | | The amount set forth in paragraph (a) above as a percentage of the Series Investor Interest and the Class B Investor Interest. |
| | | |
| Shared Amount | | Class B Amount |
| 0.00% | | 150.00% |
15
DISCOVER CARD MASTER TRUST 1
Series 2001-3
Credit Card Pass - Through Certificates
Distribution and Performance
Annual Aggregate Report - 2005
Pursuant to the Series Supplement dated as of March 15, 2001, as amended, for Series 2001-3, and relating to the Amended and Restated Pooling and Servicing Agreement dated as of November 3, 2004 (the “Agreement”) by and between Discover Bank (the “Servicer”) and U.S. Bank National Association, as Trustee, as amended, the Servicer is required to prepare certain information each month regarding current distributions to Investor Certificateholders and the performance of the Trust during the previous month. For purposes of filing Form 10-K, certain information is required to be prepared with respect to such Distribution Dates occurring during the fiscal year ended November 30, 2005. The information which is required to be prepared with respect to such Distribution Dates related to the period mentioned above is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per Investor Certificate. Certain other information is presented based upon the aggregate amounts for the Trust as a whole.
| A. | | Information Regarding the Aggregate Distributions for the Fiscal Year Ended November 30, 2005 |
| | (a) | | The amount of distribution to Class A Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $24,177,545.63 | | $24,177,545.63 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $32.23672751 | | $32.23672751 | | $0.00000000 |
| | (a) | | The amount of distribution to Class B Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $1,380,572.66 | | $1,380,572.66 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $34.97422759 | | $34.97422759 | | $0.00000000 |
16
| B. | | Information Regarding the Performance of the Trust |
| | 1. | | Collections of Receivables |
| | | | | | | |
| (a) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods. | | $ | 5,323,480,948.83 | |
| | | | | | | |
| (b) | | The aggregate amount of Interchange processed during the related Due Periods. | | $ | 1,005,564,324.19 | |
| | | | | | | |
| (c) | | The aggregate amount of Principal Collections processed during the related Due Periods. | | $ | 76,381,166,213.59 | |
| | | | | | | |
| (d) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 1,068,029,685.73 | |
| | | | | | | |
| (e) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 872,216,766.01 | |
| | | | | | | |
| (f) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 15,317,642,310.79 | |
| | | | | | | |
| (g) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 121,000,410.73 | |
| | | | | | | |
| (h) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 0.00 | |
| | | | | | | |
| (i) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 1,735,533,695.45 | |
| | | | | | | |
| (j) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 6,368,440.70 | |
| | | | | | | |
| (k) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 0.00 | |
| | | | | | | |
| (l) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 91,344,138.44 | |
| | (a) | | The aggregate amount of Class A and Class B Investor Losses, as defined in the Agreement, during the related Due Periods. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (b) | | The amount of Class A and Class B Investor Losses set forth in paragraph (a) above, per $1,000 interest. |
17
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (c) | | The total amount reimbursed to the Trust in the current year pursuant to the Agreement, if any, in respect of Class A and Class B Investor Losses. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (d) | | The amount set forth in paragraph (c) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (e) | | The aggregate amount of unreimbursed Class A and Class B Investor Losses in the Trust as of the end of the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (f) | | The amount set forth in paragraph (e) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| 3. | | Investor Servicing Fee |
| (a) | | The amount of Class A and Class B Monthly Servicing Fee payable by the Trust to the Servicer for the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $15,000,000.00 | | $789,480.00 |
| 4. | | Available Credit Enhancement Amount |
| | (a) | | The Amount available to be drawn from both the shared and Class B portion of the Credit Enhancement in accordance with the Agreement and its respective Series Supplement as of the Distribution Date prior to November 30, 2005. |
| | | |
| Shared Amount | | Class B Amount |
| $0.00 | | $59,210,550.00 |
| | (b) | | The amount set forth in paragraph (a) above as a percentage of the Series Investor Interest and the Class B Investor Interest. |
| | | |
| Shared Amount | | Class B Amount |
| 0.00% | | 150.00% |
18
DISCOVER CARD MASTER TRUST 1
Series 2001-6
Credit Card Pass - Through Certificates
Distribution and Performance
Annual Aggregate Report - 2005
Pursuant to the Series Supplement dated as of July 24, 2001, as amended, for Series 2001-6, and relating to the Amended and Restated Pooling and Servicing Agreement dated as of November 3, 2004 (the “Agreement”) by and between Discover Bank (the “Servicer”) and U.S. Bank National Association, as Trustee, as amended, the Servicer is required to prepare certain information each month regarding current distributions to Investor Certificateholders and the performance of the Trust during the previous month. For purposes of filing Form 10-K, certain information is required to be prepared with respect to such Distribution Dates occurring during the fiscal year ended November 30, 2005. The information which is required to be prepared with respect to such Distribution Dates related to the period mentioned above is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per Investor Certificate. Certain other information is presented based upon the aggregate amounts for the Trust as a whole.
| A. | | Information Regarding the Aggregate Distributions for the Fiscal Year Ended November 30, 2005 |
| | (a) | | The amount of distribution to Class A Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $28,749,999.96 | | $28,749,999.96 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $57.49999992 | | $57.49999992 | | $0.00000000 |
| | (a) | | The amount of distribution to Class B Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $923,049.93 | | $923,049.93 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $35.07561674 | | $35.07561674 | | $0.00000000 |
19
| B. | | Information Regarding the Performance of the Trust |
| | 1. | | Collections of Receivables |
| | | | | | | |
| (a) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods. | | $ | 5,323,480,948.83 | |
| | | | | | | |
| (b) | | The aggregate amount of Interchange processed during the related Due Periods. | | $ | 1,005,564,324.19 | |
| | | | | | | |
| (c) | | The aggregate amount of Principal Collections processed during the related Due Periods. | | $ | 76,381,166,213.59 | |
| | | | | | | |
| (d) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 1,068,029,685.73 | |
| | | | | | | |
| (e) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 872,216,766.01 | |
| | | | | | | |
| (f) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 15,317,642,310.79 | |
| | | | | | | |
| (g) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 80,667,390.16 | |
| | | | | | | |
| (h) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 0.00 | |
| | | | | | | |
| (i) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 1,157,029,423.19 | |
| | | | | | | |
| (j) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 4,245,353.86 | |
| | | | | | | |
| (k) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 0.00 | |
| | | | | | | |
| (l) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 60,891,439.91 | |
| | (a) | | The aggregate amount of Class A and Class B Investor Losses, as defined in the Agreement, during the related Due Periods. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (b) | | The amount of Class A and Class B Investor Losses set forth in paragraph (a) above, per $1,000 interest. |
20
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (c) | | The total amount reimbursed to the Trust in the current year pursuant to the Agreement, if any, in respect of Class A and Class B Investor Losses. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (d) | | The amount set forth in paragraph (c) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (e) | | The aggregate amount of unreimbursed Class A and Class B Investor Losses in the Trust as of the end of the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (f) | | The amount set forth in paragraph (e) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | 3. | | Investor Servicing Fee |
| | (a) | | The amount of Class A and Class B Monthly Servicing Fee payable by the Trust to the Servicer for the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $9,999,999.96 | | $526,320.00 |
| | 4. | | Available Credit Enhancement Amount |
| | (a) | | The Amount available to be drawn from both the shared and Class B portion of the Credit Enhancement in accordance with the Agreement and its respective Series Supplement as of the Distribution Date prior to November 30, 2005. |
| | | |
| Shared Amount | | Class B Amount |
| $0.00 | | $28,947,380.00 |
| | (b) | | The amount set forth in paragraph (a) above as a percentage of the Series Investor Interest and the Class B Investor Interest. |
| | | |
| Shared Amount | | Class B Amount |
| 0.00% | | 110.00% |
21
DISCOVER CARD MASTER TRUST 1
Series 2002-2
Credit Card Pass - Through Certificates
Distribution and Performance
Annual Aggregate Report - 2005
Pursuant to the Series Supplement dated as of April 25, 2002, as amended, for Series 2002-2, and relating to the Amended and Restated Pooling and Servicing Agreement dated as of November 3, 2004 (the “Agreement”) by and between Discover Bank (the “Servicer”) and U.S. Bank National Association, as Trustee, as amended, the Servicer is required to prepare certain information each month regarding current distributions to Investor Certificateholders and the performance of the Trust during the previous month. For purposes of filing Form 10-K, certain information is required to be prepared with respect to such Distribution Dates occurring during the fiscal year ended November 30, 2005. The information which is required to be prepared with respect to such Distribution Dates related to the period mentioned above is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per Investor Certificate. Certain other information is presented based upon the aggregate amounts for the Trust as a whole.
| A. | | Information Regarding the Aggregate Distributions for the Fiscal Year Ended November 30, 2005 |
| | (a) | | The amount of distribution to Class A Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $38,625,000.00 | | $38,625,000.00 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $51.50000000 | | $51.50000000 | | $0.00000000 |
| | (a) | | The amount of distribution to Class B Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $2,151,333.00 | | $2,151,333.00 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $54.50000000 | | $54.50000000 | | $0.00000000 |
22
| B. | | Information Regarding the Performance of the Trust |
| | 1. | | Collections of Receivables |
| | | | | | | |
| (a) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods. | | $ | 5,323,480,948.83 | |
| | | | | | | |
| (b) | | The aggregate amount of Interchange processed during the related Due Periods. | | $ | 1,005,564,324.19 | |
| | | | | | | |
| (c) | | The aggregate amount of Principal Collections processed during the related Due Periods. | | $ | 76,381,166,213.59 | |
| | | | | | | |
| (d) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 1,068,029,685.73 | |
| | | | | | | |
| (e) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 872,216,766.01 | |
| | | | | | | |
| (f) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 15,317,642,310.79 | |
| | | | | | | |
| (g) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 121,000,410.73 | |
| | | | | | | |
| (h) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 0.00 | |
| | | | | | | |
| (i) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 1,735,533,695.45 | |
| | | | | | | |
| (j) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 6,368,440.70 | |
| | | | | | | |
| (k) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 0.00 | |
| | | | | | | |
| (l) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 91,344,138.44 | |
| | (a) | | The aggregate amount of Class A and Class B Investor Losses, as defined in the Agreement, during the related Due Periods. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (b) | | The amount of Class A and Class B Investor Losses set forth in paragraph (a) above, per $1,000 interest. |
23
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (c) | | The total amount reimbursed to the Trust in the current year pursuant to the Agreement, if any, in respect of Class A and Class B Investor Losses. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (d) | | The amount set forth in paragraph (c) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (e) | | The aggregate amount of unreimbursed Class A and Class B Investor Losses in the Trust as of the end of the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (f) | | The amount set forth in paragraph (e) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | 3. | | Investor Servicing Fee |
| | (a) | | The amount of Class A and Class B Monthly Servicing Fee payable by the Trust to the Servicer for the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $15,000,000.00 | | $789,480.00 |
| | 4. | | Available Credit Enhancement Amount |
| | (a) | | The Amount available to be drawn from both the shared and Class B portion of the Credit Enhancement in accordance with the Agreement and its respective Series Supplement as of the Distribution Date prior to November 30, 2005. |
| | | |
| Shared Amount | | Class B Amount |
| $0.00 | | $31,578,960.00 |
| | (b) | | The amount set forth in paragraph (a) above as a percentage of the Series Investor Interest and the Class B Investor Interest. |
| | | |
| Shared Amount | | Class B Amount |
| 0.00% | | 80.00% |
24
DISCOVER CARD MASTER TRUST 1
Series 2002-3
Credit Card Pass - Through Certificates
Distribution and Performance
Annual Aggregate Report - 2005
Pursuant to the Series Supplement dated as of May 29, 2002, as amended, for Series 2002-3, and relating to the Amended and Restated Pooling and Servicing Agreement dated as of November 3, 2004 (the “Agreement”) by and between Discover Bank (the “Servicer”) and U.S. Bank National Association, as Trustee, as amended, the Servicer is required to prepare certain information each month regarding current distributions to Investor Certificateholders and the performance of the Trust during the previous month. For purposes of filing Form 10-K, certain information is required to be prepared with respect to such Distribution Dates occurring during the fiscal year ended November 30, 2005. The information which is required to be prepared with respect to such Distribution Dates related to the period mentioned above is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per Investor Certificate. Certain other information is presented based upon the aggregate amounts for the Trust as a whole.
| A. | | Information Regarding the Aggregate Distributions for the Fiscal Year Ended November 30, 2005 |
| | (a) | | The amount of distribution to Class A Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $28,648,054.75 | | $28,648,054.75 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $31.83117194 | | $31.83117194 | | $0.00000000 |
| | (a) | | The amount of distribution to Class B Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $1,651,891.51 | | $1,651,891.51 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $34.87283899 | | $34.87283899 | | $0.00000000 |
25
| B. | | Information Regarding the Performance of the Trust |
| | 1. | | Collections of Receivables |
| | | | | | | |
| (a) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods. | | $ | 5,323,480,948.83 | |
| | | | | | | |
| (b) | | The aggregate amount of Interchange processed during the related Due Periods. | | $ | 1,005,564,324.19 | |
| | | | | | | |
| (c) | | The aggregate amount of Principal Collections processed during the related Due Periods. | | $ | 76,381,166,213.59 | |
| | | | | | | |
| (d) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 1,068,029,685.73 | |
| | | | | | | |
| (e) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 872,216,766.01 | |
| | | | | | | |
| (f) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 15,317,642,310.79 | |
| | | | | | | |
| (g) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 145,200,905.59 | |
| | | | | | | |
| (h) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 0.00 | |
| | | | | | | |
| (i) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 2,082,646,795.47 | |
| | | | | | | |
| (j) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 7,641,769.55 | |
| | | | | | | |
| (k) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 0.00 | |
| | | | | | | |
| (l) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 109,607,719.12 | |
| | (a) | | The aggregate amount of Class A and Class B Investor Losses, as defined in the Agreement, during the related Due Periods. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (b) | | The amount of Class A and Class B Investor Losses set forth in paragraph (a) above, per $1,000 interest. |
26
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (c) | | The total amount reimbursed to the Trust in the current year pursuant to the Agreement, if any, in respect of Class A and Class B Investor Losses. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (d) | | The amount set forth in paragraph (c) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (e) | | The aggregate amount of unreimbursed Class A and Class B Investor Losses in the Trust as of the end of the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (f) | | The amount set forth in paragraph (e) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | 3. | | Investor Servicing Fee |
| | (a) | | The amount of Class A and Class B Monthly Servicing Fee payable by the Trust to the Servicer for the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $18,000,000.00 | | $947,379.96 |
| | 4. | | Available Credit Enhancement Amount |
| | (a) | | The Amount available to be drawn from both the shared and Class B portion of the Credit Enhancement in accordance with the Agreement and its respective Series Supplement as of the Distribution Date prior to November 30, 2005. |
| | | |
| Shared Amount | | Class B Amount |
| $0.00 | | $71,052,675.00 |
| | (b) | | The amount set forth in paragraph (a) above as a percentage of the Series Investor Interest and the Class B Investor Interest. |
| | | |
| Shared Amount | | Class B Amount |
| 0.00% | | 150.00% |
27
DISCOVER CARD MASTER TRUST 1
Series 2003-1, Subseries 2
Credit Card Pass - Through Certificates
Distribution and Performance
Annual Aggregate Report - 2005
Pursuant to the Series Supplement dated as of January 22, 2003, as amended, for Series 2003-1, Subseries 2, and relating to the Amended and Restated Pooling and Servicing Agreement dated as of November 3, 2004 (the “Agreement”) by and between Discover Bank (the “Servicer”), and U.S. Bank National Association, as Trustee, as amended, the Servicer is required to prepare certain information each month regarding current distributions to Investor Certificateholders and the performance of the Trust during the previous month. For purposes of filing Form 10-K, certain information is required to be prepared with respect to such Distribution Dates occurring during the fiscal year ended November 30, 2005. The information which is required to be prepared with respect to such Distribution Dates related to the period mentioned above is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per Investor Certificate. Certain other information is presented based upon the aggregate amounts for the Trust as a whole.
| A. | | Information Regarding the Aggregate Distributions for the Fiscal Year Ended November 30, 2005 |
| | (a) | | The amount of distribution to Class A Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $15,864,891.53 | | $15,864,891.53 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $31.72978306 | | $31.72978306 | | $0.00000000 |
| | (a) | | The amount of distribution to Class B Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $907,902.00 | | $907,902.00 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $34.50000000 | | $34.50000000 | | $0.00000000 |
28
| B. | | Information Regarding the Performance of the Trust |
| | 1. | | Collections of Receivables |
| | | | | | | |
| (a) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods. | | $ | 5,323,480,948.83 | |
| | | | | | | |
| (b) | | The aggregate amount of Interchange processed during the related Due Periods. | | $ | 1,005,564,324.19 | |
| | | | | | | |
| (c) | | The aggregate amount of Principal Collections processed during the related Due Periods. | | $ | 76,381,166,213.59 | |
| | | | | | | |
| (d) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 1,068,029,685.73 | |
| | | | | | | |
| (e) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 872,216,766.01 | |
| | | | | | | |
| (f) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 15,317,642,310.79 | |
| | | | | | | |
| (g) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 80,667,390.16 | |
| | | | | | | |
| (h) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 0.00 | |
| | | | | | | |
| (i) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 1,157,029,423.19 | |
| | | | | | | |
| (j) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 4,245,353.86 | |
| | | | | | | |
| (k) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 0.00 | |
| | | | | | | |
| (l) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 60,891,439.91 | |
| | (a) | | The aggregate amount of Class A and Class B Investor Losses, as defined in the Agreement, during the related Due Periods. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (b) | | The amount of Class A and Class B Investor Losses set forth in paragraph (a) above, per $1,000 interest. |
29
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (c) | | The total amount reimbursed to the Trust in the current year pursuant to the Agreement, if any, in respect of Class A and Class B Investor Losses. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (d) | | The amount set forth in paragraph (c) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (e) | | The aggregate amount of unreimbursed Class A and Class B Investor Losses in the Trust as of the end of the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (f) | | The amount set forth in paragraph (e) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | 3. | | Investor Servicing Fee |
| | (a) | | The amount of Class A and Class B Monthly Servicing Fee payable by the Trust to the Servicer for the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $9,999,999.96 | | $526,320.00 |
| | 4. | | Available Credit Enhancement Amount |
| | (a) | | The Amount available to be drawn from both the shared and Class B portion of the Credit Enhancement in accordance with the Agreement and its respective Series Supplement as of the Distribution Date prior to November 30, 2005. |
| | | |
| Shared Amount | | Class B Amount |
| $0.00 | | $39,473,700.00 |
| | (b) | | The amount set forth in paragraph (a) above as a percentage of the Series Investor Interest and the Class B Investor Interest. |
| | | |
| Shared Amount | | Class B Amount |
| 0.00% | | 150.00% |
30
DISCOVER CARD MASTER TRUST 1
Series 2003-1, Subseries 3
Credit Card Pass - Through Certificates
Distribution and Performance
Annual Aggregate Report - 2005
Pursuant to the Series Supplement dated as of January 22, 2003, as amended, for Series 2003-1, Subseries 3, and relating to the Amended and Restated Pooling and Servicing Agreement dated as of November 3, 2004 (the “Agreement”) by and between Discover Bank (the “Servicer”), and U.S. Bank National Association, as Trustee, as amended, the Servicer is required to prepare certain information each month regarding current distributions to Investor Certificateholders and the performance of the Trust during the previous month. For purposes of filing Form 10-K, certain information is required to be prepared with respect to such Distribution Dates occurring during the fiscal year ended November 30, 2005. The information which is required to be prepared with respect to such Distribution Dates related to the period mentioned above is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per Investor Certificate. Certain other information is presented based upon the aggregate amounts for the Trust as a whole.
| A. | | Information Regarding the Aggregate Distributions for the Fiscal Year Ended November 30, 2005 |
| | (a) | | The amount of distribution to Class A Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $16,067,669.32 | | $16,067,669.32 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $32.13533864 | | $32.13533864 | | $0.00000000 |
| | (a) | | The amount of distribution to Class B Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $936,390.68 | | $936,390.68 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $35.58256118 | | $35.58256118 | | $0.00000000 |
31
| B. | | Information Regarding the Performance of the Trust |
| | 1. | | Collections of Receivables |
| | | | | | | |
| (a) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods. | | $ | 5,323,480,948.83 | |
| | | | | | | |
| (b) | | The aggregate amount of Interchange processed during the related Due Periods. | | $ | 1,005,564,324.19 | |
| | | | | | | |
| (c) | | The aggregate amount of Principal Collections processed during the related Due Periods. | | $ | 76,381,166,213.59 | |
| | | | | | | |
| (d) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 1,068,029,685.73 | |
| | | | | | | |
| (e) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 872,216,766.01 | |
| | | | | | | |
| (f) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 15,317,642,310.79 | |
| | | | | | | |
| (g) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 80,667,390.16 | |
| | | | | | | |
| (h) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 0.00 | |
| | | | | | | |
| (i) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 1,157,029,423.19 | |
| | | | | | | |
| (j) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 4,245,353.86 | |
| | | | | | | |
| (k) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 0.00 | |
| | | | | | | |
| (l) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 60,891,439.91 | |
| | | | | | | |
| (a) | | The aggregate amount of Class A and Class B Investor Losses, as defined in the Agreement, during the related Due Periods. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | | | | | | |
| (b) | | The amount of Class A and Class B Investor Losses set forth in paragraph (a) above, per $1,000 interest. |
32
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (c) | | The total amount reimbursed to the Trust in the current year pursuant to the Agreement, if any, in respect of Class A and Class B Investor Losses. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (d) | | The amount set forth in paragraph (c) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (e) | | The aggregate amount of unreimbursed Class A and Class B Investor Losses in the Trust as of the end of the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (f) | | The amount set forth in paragraph (e) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| 3. | | Investor Servicing Fee |
| | (a) | | The amount of Class A and Class B Monthly Servicing Fee payable by the Trust to the Servicer for the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $9,999,999.96 | | $526,320.00 |
| 4. | | Available Credit Enhancement Amount |
| | (a) | | The Amount available to be drawn from both the shared and Class B portion of the Credit Enhancement in accordance with the Agreement and its respective Series Supplement as of the Distribution Date prior to November 30, 2005. |
| | | |
| Shared Amount | | Class B Amount |
| $0.00 | | $39,473,700.00 |
| | (b) | | The amount set forth in paragraph (a) above as a percentage of the Series Investor Interest and the Class B Investor Interest. |
| | | |
| Shared Amount | | Class B Amount |
| 0.00% | | 150.00% |
33
DISCOVER CARD MASTER TRUST 1
Series 2003-2
Credit Card Pass - Through Certificates
Distribution and Performance
Annual Aggregate Report - 2005
Pursuant to the Series Supplement dated as of February 18, 2003, as amended, for Series 2003-2, and relating to the Amended and Restated Pooling and Servicing Agreement dated as of November 3, 2004 (the “Agreement”) by and between Discover Bank (the “Servicer”) and U.S. Bank National Association, as Trustee, as amended, the Servicer is required to prepare certain information each month regarding current distributions to Investor Certificateholders and the performance of the Trust during the previous month. For purposes of filing Form 10-K, certain information is required to be prepared with respect to such Distribution Dates occurring during the fiscal year ended November 30, 2005. The information which is required to be prepared with respect to such Distribution Dates related to the period mentioned above is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per Investor Certificate. Certain other information is presented based upon the aggregate amounts for the Trust as a whole.
| A. | | Information Regarding the Aggregate Distributions for the Fiscal Year Ended November 30, 2005 |
| | (a) | | The amount of distribution to Class A Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $32,033,949.73 | | $32,033,949.73 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $32.03394973 | | $32.03394973 | | $0.00000000 |
| | (a) | | The amount of distribution to Class B Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $2,026,332.00 | | $2,026,332.00 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $38.50000000 | | $38.50000000 | | $0.00000000 |
34
| B. | | Information Regarding the Performance of the Trust |
| | 1. | | Collections of Receivables |
| | | | | | | |
| (a) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods. | | $ | 5,323,480,948.83 | |
| | | | | | | |
| (b) | | The aggregate amount of Interchange processed during the related Due Periods. | | $ | 1,005,564,324.19 | |
| | | | | | | |
| (c) | | The aggregate amount of Principal Collections processed during the related Due Periods. | | $ | 76,381,166,213.59 | |
| | | | | | | |
| (d) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 1,068,029,685.73 | |
| | | | | | | |
| (e) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 872,216,766.01 | |
| | | | | | | |
| (f) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 15,317,642,310.79 | |
| | | | | | | |
| (g) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 161,334,315.95 | |
| | | | | | | |
| (h) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 0.00 | |
| | | | | | | |
| (i) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 2,314,051,450.84 | |
| | | | | | | |
| (j) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 8,491,150.58 | |
| | | | | | | |
| (k) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 0.00 | |
| | | | | | | |
| (l) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 121,790,466.96 | |
| | (a) | | The aggregate amount of Class A and Class B Investor Losses, as defined in the Agreement, during the related Due Periods. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (b) | | The amount of Class A and Class B Investor Losses set forth in paragraph (a) above, per $1,000 interest. |
35
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (c) | | The total amount reimbursed to the Trust in the current year pursuant to the Agreement, if any, in respect of Class A and Class B Investor Losses. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (d) | | The amount set forth in paragraph (c) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (e) | | The aggregate amount of unreimbursed Class A and Class B Investor Losses in the Trust as of the end of the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (f) | | The amount set forth in paragraph (e) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | 3. | | Investor Servicing Fee |
| | (a) | | The amount of Class A and Class B Monthly Servicing Fee payable by the Trust to the Servicer for the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $20,000,000.04 | | $1,052,640.00 |
| | 4. | | Available Credit Enhancement Amount |
| | (a) | | The Amount available to be drawn from both the shared and Class B portion of the Credit Enhancement in accordance with the Agreement and its respective Series Supplement as of the Distribution Date prior to November 30, 2005. |
| | | |
| Shared Amount | | Class B Amount |
| $0.00 | | $78,947,400.00 |
| | (b) | | The amount set forth in paragraph (a) above as a percentage of the Series Investor Interest and the Class B Investor Interest. |
| | | |
| Shared Amount | | Class B Amount |
| 0.00% | | 150.00% |
36
DISCOVER CARD MASTER TRUST 1
Series 2003-3
Credit Card Pass - Through Certificates
Distribution and Performance
Annual Aggregate Report - 2005
Pursuant to the Series Supplement dated as of March 25, 2003, as amended, for Series 2003-3, and relating to the Amended and Restated Pooling and Servicing Agreement dated as of November 3, 2004 (the “Agreement”) by and between Discover Bank (the “Servicer”) and U.S. Bank National Association, as Trustee, as amended, the Servicer is required to prepare certain information each month regarding current distributions to Investor Certificateholders and the performance of the Trust during the previous month. For purposes of filing Form 10-K, certain information is required to be prepared with respect to such Distribution Dates occurring during the fiscal year ended November 30, 2005. The information which is required to be prepared with respect to such Distribution Dates related to the period mentioned above is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per Investor Certificate. Certain other information is presented based upon the aggregate amounts for the Trust as a whole.
| A. | | Information Regarding the Aggregate Distributions for the Fiscal Year Ended November 30, 2005 |
| | (a) | | The amount of distribution to Class A Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $29,469,304.75 | | $29,469,304.75 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $32.74367194 | | $32.74367194 | | $0.00000000 |
| | (a) | | The amount of distribution to Class B Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $1,767,156.06 | | $1,767,156.06 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $37.30617197 | | $37.30617197 | | $0.00000000 |
37
| B. | | Information Regarding the Performance of the Trust |
| | 1. | | Collections of Receivables |
| | | | | | | |
| (a) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods. | | $ | 5,323,480,948.83 | |
| | | | | | | |
| (b) | | The aggregate amount of Interchange processed during the related Due Periods. | | $ | 1,005,564,324.19 | |
| | | | | | | |
| (c) | | The aggregate amount of Principal Collections processed during the related Due Periods. | | $ | 76,381,166,213.59 | |
| | | | | | | |
| (d) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 1,068,029,685.73 | |
| | | | | | | |
| (e) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 872,216,766.01 | |
| | | | | | | |
| (f) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 15,317,642,310.79 | |
| | | | | | | |
| (g) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 145,200,905.59 | |
| | | | | | | |
| (h) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 0.00 | |
| | | | | | | |
| (i) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 2,082,646,795.47 | |
| | | | | | | |
| (j) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 7,641,769.55 | |
| | | | | | | |
| (k) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 0.00 | |
| | | | | | | |
| (l) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 109,607,719.12 | |
| | (a) | | The aggregate amount of Class A and Class B Investor Losses, as defined in the Agreement, during the related Due Periods. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (b) | | The amount of Class A and Class B Investor Losses set forth in paragraph (a) above, per $1,000 interest. |
38
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (c) | | The total amount reimbursed to the Trust in the current year pursuant to the Agreement, if any, in respect of Class A and Class B Investor Losses. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (d) | | The amount set forth in paragraph (c) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (e) | | The aggregate amount of unreimbursed Class A and Class B Investor Losses in the Trust as of the end of the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (f) | | The amount set forth in paragraph (e) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | 3. | | Investor Servicing Fee |
| | (a) | | The amount of Class A and Class B Monthly Servicing Fee payable by the Trust to the Servicer for the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $18,000,000.00 | | $947,379.96 |
| | 4. | | Available Credit Enhancement Amount |
| | (a) | | The Amount available to be drawn from both the shared and Class B portion of the Credit Enhancement in accordance with the Agreement and its respective Series Supplement as of the Distribution Date prior to November 30, 2005. |
| | | |
| Shared Amount | | Class B Amount |
| $0.00 | | $71,052,675.00 |
| | (b) | | The amount set forth in paragraph (a) above as a percentage of the Series Investor Interest and the Class B Investor Interest. |
| | | |
| Shared Amount | | Class B Amount |
| 0.00% | | 150.00% |
39
DISCOVER CARD MASTER TRUST 1
Series 2003-4, Subseries 1
Credit Card Pass - Through Certificates
Distribution and Performance
Annual Aggregate Report - 2005
Pursuant to the Series Supplement dated as of December 30, 2003, as amended, for Series 2003-4, Subseries 1, and relating to the Amended and Restated Pooling and Servicing Agreement dated as of November 3, 2004 (the “Agreement”) by and between Discover Bank (the “Servicer”), and U.S. Bank National Association, as Trustee, as amended, the Servicer is required to prepare certain information each month regarding current distributions to Investor Certificateholders and the performance of the Trust during the previous month. For purposes of filing Form 10-K, certain information is required to be prepared with respect to such Distribution Dates occurring during the fiscal year ended November 30, 2005. The information which is required to be prepared with respect to such Distribution Dates related to the period mentioned above is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per Investor Certificate. Certain other information is presented based upon the aggregate amounts for the Trust as a whole.
| A. | | Information Regarding the Aggregate Distributions for the Fiscal Year Ended November 30, 2005 |
| | (a) | | The amount of distribution to Class A Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $35,014,289.13 | | $35,014,289.13 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $31.83117194 | | $31.83117194 | | $0.00000000 |
| | (a) | | The amount of distribution to Class B Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $1,972,003.73 | | $1,972,003.73 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $34.06172778 | | $34.06172778 | | $0.00000000 |
40
| B. | | Information Regarding the Performance of the Trust |
| | 1. | | Collections of Receivables |
| | | | | | | |
| (a) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods. | | $ | 5,323,480,948.83 | |
| | | | | | | |
| (b) | | The aggregate amount of Interchange processed during the related Due Periods. | | $ | 1,005,564,324.19 | |
| | | | | | | |
| (c) | | The aggregate amount of Principal Collections processed during the related Due Periods. | | $ | 76,381,166,213.59 | |
| | | | | | | |
| (d) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 1,068,029,685.73 | |
| | | | | | | |
| (e) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 872,216,766.01 | |
| | | | | | | |
| (f) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 15,317,642,310.79 | |
| | | | | | | |
| (g) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 177,467,673.22 | |
| | | | | | | |
| (h) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 0.00 | |
| | | | | | | |
| (i) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 2,545,456,118.85 | |
| | | | | | | |
| (j) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 9,340,881.91 | |
| | | | | | | |
| (k) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 0.00 | |
| | | | | | | |
| (l) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 133,978,809.80 | |
| | (a) | | The aggregate amount of Class A and Class B Investor Losses, as defined in the Agreement, during the related Due Periods. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (b) | | The amount of Class A and Class B Investor Losses set forth in paragraph (a) above, per $1,000 interest. |
41
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (c) | | The total amount reimbursed to the Trust in the current year pursuant to the Agreement, if any, in respect of Class A and Class B Investor Losses. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (d) | | The amount set forth in paragraph (c) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (e) | | The aggregate amount of unreimbursed Class A and Class B Investor Losses in the Trust as of the end of the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (f) | | The amount set forth in paragraph (e) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | 3. | | Investor Servicing Fee |
| | (a) | | The amount of Class A and Class B Monthly Servicing Fee payable by the Trust to the Servicer for the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $21,999,999.96 | | $1,157,900.04 |
| | 4. | | Available Credit Enhancement Amount |
| | (a) | | The Amount available to be drawn from both the shared and Class B portion of the Credit Enhancement in accordance with the Agreement and its respective Series Supplement as of the Distribution Date prior to November 30, 2005. |
| | | |
| Shared Amount | | Class B Amount |
| $0.00 | | $86,842,125.00 |
| | (b) | | The amount set forth in paragraph (a) above as a percentage of the Series Investor Interest and the Class B Investor Interest. |
| | | |
| Shared Amount | | Class B Amount |
| 0.00% | | 150.00% |
42
DISCOVER CARD MASTER TRUST 1
Series 2003-4, Subseries 2
Credit Card Pass - Through Certificates
Distribution and Performance
Annual Aggregate Report - 2005
Pursuant to the Series Supplement dated as of December 30, 2003, as amended, for Series 2003-4, Subseries 2, and relating to the Amended and Restated Pooling and Servicing Agreement dated as of November 3, 2004 (the “Agreement”) by and between Discover Bank (the “Servicer”), and U.S. Bank National Association, as Trustee, as amended, the Servicer is required to prepare certain information each month regarding current distributions to Investor Certificateholders and the performance of the Trust during the previous month. For purposes of filing Form 10-K, certain information is required to be prepared with respect to such Distribution Dates occurring during the fiscal year ended November 30, 2005. The information which is required to be prepared with respect to such Distribution Dates related to the period mentioned above is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per Investor Certificate. Certain other information is presented based upon the aggregate amounts for the Trust as a whole.
| A. | | Information Regarding the Aggregate Distributions for the Fiscal Year Ended November 30, 2005 |
| | (a) | | The amount of distribution to Class A Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $24,405,670.63 | | $24,405,670.63 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $32.54089417 | | $32.54089417 | | $0.00000000 |
| | (a) | | The amount of distribution to Class B Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $1,384,574.89 | | $1,384,574.89 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $35.07561661 | | $35.07561661 | | $0.00000000 |
43
| B. | | Information Regarding the Performance of the Trust |
| | 1. | | Collections of Receivables |
| | | | | | | |
| (a) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods. | | $ | 5,323,480,948.83 | |
| | | | | | | |
| (b) | | The aggregate amount of Interchange processed during the related Due Periods. | | $ | 1,005,564,324.19 | |
| | | | | | | |
| (c) | | The aggregate amount of Principal Collections processed during the related Due Periods. | | $ | 76,381,166,213.59 | |
| | | | | | | |
| (d) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 1,068,029,685.73 | |
| | | | | | | |
| (e) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 872,216,766.01 | |
| | | | | | | |
| (f) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 15,317,642,310.79 | |
| | | | | | | |
| (g) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 121,000,410.73 | |
| | | | | | | |
| (h) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 0.00 | |
| | | | | | | |
| (i) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 1,735,533,695.45 | |
| | | | | | | |
| (j) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 6,368,440.70 | |
| | | | | | | |
| (k) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 0.00 | |
| | | | | | | |
| (l) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 91,344,138.44 | |
| | (a) | | The aggregate amount of Class A and Class B Investor Losses, as defined in the Agreement, during the related Due Periods. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (b) | | The amount of Class A and Class B Investor Losses set forth in paragraph (a) above, per $1,000 interest. |
44
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (c) | | The total amount reimbursed to the Trust in the current year pursuant to the Agreement, if any, in respect of Class A and Class B Investor Losses. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (d) | | The amount set forth in paragraph (c) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (e) | | The aggregate amount of unreimbursed Class A and Class B Investor Losses in the Trust as of the end of the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (f) | | The amount set forth in paragraph (e) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | 3. | | Investor Servicing Fee |
| | (a) | | The amount of Class A and Class B Monthly Servicing Fee payable by the Trust to the Servicer for the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $15,000,000.00 | | $789,480.00 |
| | 4. | | Available Credit Enhancement Amount |
| | (a) | | The Amount available to be drawn from both the shared and Class B portion of the Credit Enhancement in accordance with the Agreement and its respective Series Supplement as of the Distribution Date prior to November 30, 2005. |
| | | |
| Shared Amount | | Class B Amount |
| $0.00 | | $59,210,550.00 |
| | (b) | | The amount set forth in paragraph (a) above as a percentage of the Series Investor Interest and the Class B Investor Interest. |
| | | |
| Shared Amount | | Class B Amount |
| 0.00% | | 150.00% |
45
DISCOVER CARD MASTER TRUST 1
Series 2004-1
Credit Card Pass - Through Certificates
Distribution and Performance
Annual Aggregate Report - 2005
Pursuant to the Series Supplement dated as of November 03, 2004, as amended, for Series 2004-1, and relating to the Amended and Restated Pooling and Servicing Agreement dated as of November 3, 2004 (the “Agreement”) by and between Discover Bank (the “Servicer”) and U.S. Bank National Association, as Trustee, as amended, the Servicer is required to prepare certain information each month regarding current distributions to Investor Certificateholders and the performance of the Trust during the previous month. For purposes of filing Form 10-K, certain information is required to be prepared with respect to such Distribution Dates occurring during the fiscal year ended November 30, 2005. The information which is required to be prepared with respect to such Distribution Dates related to the period mentioned above is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per Investor Certificate. Certain other information is presented based upon the aggregate amounts for the Trust as a whole.
| A. | | Information Regarding the Aggregate Distributions for the Fiscal Year Ended November 30, 2005 |
| | (a) | | The amount of distribution to Class A Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $39,550,857.29 | | $39,550,857.29 | | $0.00 |
| | (b) | | The amount of distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $31.64068583 | | $31.64068583 | | $0.00000000 |
| | (a) | | The amount of distribution to Class B Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $2,184,985.85 | | $2,184,985.85 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $33.21151923 | | $33.21151923 | | $0.00000000 |
46
| B. | | Information Regarding the Performance of the Trust |
| | 1. | | Collections of Receivables |
| | | | | | | |
| (a) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods. | | $ | 5,323,480,948.83 | |
| | | | | | | |
| (b) | | The aggregate amount of Interchange processed during the related Due Periods. | | $ | 1,005,564,324.19 | |
| | | | | | | |
| (c) | | The aggregate amount of Principal Collections processed during the related Due Periods. | | $ | 76,381,166,213.59 | |
| | | | | | | |
| (d) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 1,068,029,685.73 | |
| | | | | | | |
| (e) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 872,216,766.01 | |
| | | | | | | |
| (f) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 15,317,642,310.79 | |
| | | | | | | |
| (g) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 201,667,332.38 | |
| | | | | | | |
| (h) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 38,116,815.90 | |
| | | | | | | |
| (i) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 2,892,556,911.15 | |
| | | | | | | |
| (j) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 10,613,794.56 | |
| | | | | | | |
| (k) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 2,006,098.29 | |
| | | | | | | |
| (l) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 152,235,578.35 | |
| | (a) | | The aggregate amount of Class A and Class B Investor Losses, as defined in the Agreement, during the related Due Periods. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (b) | | The amount of Class A and Class B Investor Losses set forth in paragraph (a) above, per $1,000 interest. |
47
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (c) | | The total amount reimbursed to the Trust in the current year pursuant to the Agreement, if any, in respect of Class A and Class B Investor Losses. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (d) | | The amount set forth in paragraph (c) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (e) | | The aggregate amount of unreimbursed Class A and Class B Investor Losses in the Trust as of the end of the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (f) | | The amount set forth in paragraph (e) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | 3. | | Investor Servicing Fee |
| | (a) | | The amount of Class A and Class B Monthly Servicing Fee payable by the Trust to the Servicer for the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $24,999,999.96 | | $1,315,800.00 |
| | 4. | | Available Credit Enhancement Amount |
| | (a) | | The Amount available to be drawn from both the shared and Class B portion of the Credit Enhancement in accordance with the Agreement and its respective Series Supplement as of the Distribution Date prior to November 30, 2005. |
| | | |
| Shared Amount | | Class B Amount |
| $0.00 | | $98,684,250.00 |
| | (b) | | The amount set forth in paragraph (a) above as a percentage of the Series Investor Interest and the Class B Investor Interest. |
| | | |
| Shared Amount | | Class B Amount |
| 0.00% | | 150.00% |
48
DISCOVER CARD MASTER TRUST 1
Series 2004-2, Subseries 1
Credit Card Pass - Through Certificates
Distribution and Performance
Annual Aggregate Report - 2005
Pursuant to the Series Supplement dated as of December 02, 2004, as amended, for Series 2004-2, Subseries 1, and relating to the Amended and Restated Pooling and Servicing Agreement dated as of November 3, 2004 (the “Agreement”) by and between Discover Bank (the “Servicer”), and U.S. Bank National Association, as Trustee, as amended, the Servicer is required to prepare certain information each month regarding current distributions to Investor Certificateholders and the performance of the Trust during the previous month. For purposes of filing Form 10-K, certain information is required to be prepared with respect to such Distribution Dates occurring during the fiscal year ended November 30, 2005. The information which is required to be prepared with respect to such Distribution Dates related to the period mentioned above is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per Investor Certificate. Certain other information is presented based upon the aggregate amounts for the Trust as a whole.
| A. | | Information Regarding the Aggregate Distributions for the Fiscal Year Ended November 30, 2005 |
| | (a) | | The amount of distribution to Class A |
| | | | Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $37,408,257.46 | | $37,408,257.46 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $29.92660597 | | $29.92660597 | | $0.00000000 |
| | (a) | | The amount of distribution to Class B |
| | | | Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $2,057,907.21 | | $2,057,907.21 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $31.27993935 | | $31.27993935 | | $0.00000000 |
49
| B. | | Information Regarding the Performance of the Trust |
| | 1. | | Collections of Receivables |
| | | | | | | |
| (a) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods. | | $ | 5,323,480,948.83 | |
| | | | | | | |
| (b) | | The aggregate amount of Interchange processed during the related Due Periods. | | $ | 1,005,564,324.19 | |
| | | | | | | |
| (c) | | The aggregate amount of Principal Collections processed during the related Due Periods. | | $ | 76,381,166,213.59 | |
| | | | | | | |
| (d) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 1,068,029,685.73 | |
| | | | | | | |
| (e) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 872,216,766.01 | |
| | | | | | | |
| (f) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 15,317,642,310.79 | |
| | | | | | | |
| (g) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 185,071,719.50 | |
| | | | | | | |
| (h) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 35,008,737.78 | |
| | | | | | | |
| (i) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 2,678,960,365.83 | |
| | | | | | | |
| (j) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 9,740,387.87 | |
| | | | | | | |
| (k) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 1,842,523.96 | |
| | | | | | | |
| (l) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 140,994,254.96 | |
| | (a) | | The aggregate amount of Class A and Class B Investor Losses, as defined in the Agreement, during the related Due Periods. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (b) | | The amount of Class A and Class B Investor Losses set forth in paragraph (a) above, per $1,000 interest. |
50
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (c) | | The total amount reimbursed to the Trust in the current year pursuant to the Agreement, if any, in respect of Class A and Class B Investor Losses. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (d) | | The amount set forth in paragraph (c) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (e) | | The aggregate amount of unreimbursed Class A and Class B Investor Losses in the Trust as of the end of the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (f) | | The amount set forth in paragraph (e) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | 3. | | Investor Servicing Fee |
| | (a) | | The amount of Class A and Class B Monthly Servicing Fee payable by the Trust to the Servicer for the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $22,916,666.63 | | $1,206,150.00 |
| | 4. | | Available Credit Enhancement Amount |
| | (a) | | The Amount available to be drawn from both the shared and Class B portion of the Credit Enhancement in accordance with the Agreement and its respective Series Supplement as of the Distribution Date prior to November 30, 2005. |
| | | |
| Shared Amount | | Class B Amount |
| $0.00 | | $98,684,250.00 |
| | (b) | | The amount set forth in paragraph (a) above as a percentage of the Series Investor Interest and the Class B Investor Interest. |
| | | |
| Shared Amount | | Class B Amount |
| 0.00% | | 150.00% |
51
DISCOVER CARD MASTER TRUST 1
Series 2004-2, Subseries 2
Credit Card Pass - Through Certificates
Distribution and Performance
Annual Aggregate Report - 2005
Pursuant to the Series Supplement dated as of December 02, 2004, as amended, for Series 2004-2, Subseries 2, and relating to the Amended and Restated Pooling and Servicing Agreement dated as of November 3, 2004 (the “Agreement”) by and between Discover Bank (the “Servicer”), and U.S. Bank National Association, as Trustee, as amended, the Servicer is required to prepare certain information each month regarding current distributions to Investor Certificateholders and the performance of the Trust during the previous month. For purposes of filing Form 10-K, certain information is required to be prepared with respect to such Distribution Dates occurring during the fiscal year ended November 30, 2005. The information which is required to be prepared with respect to such Distribution Dates related to the period mentioned above is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per Investor Certificate. Certain other information is presented based upon the aggregate amounts for the Trust as a whole.
| A. | | Information Regarding the Aggregate Distributions for the Fiscal Year Ended November 30, 2005 |
| | (a) | | The amount of distribution to Class A |
| | | | Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $15,204,969.65 | | $15,204,969.65 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $30.40993930 | | $30.40993930 | | $0.00000000 |
| | (a) | | The amount of distribution to Class B |
| | | | Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $843,513.93 | | $843,513.93 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $32.05327291 | | $32.05327291 | | $0.00000000 |
52
| B. | | Information Regarding the Performance of the Trust |
| | 1. | | Collections of Receivables |
| | | | | | | |
| (a) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods. | | $ | 5,323,480,948.83 | |
| | | | | | | |
| (b) | | The aggregate amount of Interchange processed during the related Due Periods. | | $ | 1,005,564,324.19 | |
| | | | | | | |
| (c) | | The aggregate amount of Principal Collections processed during the related Due Periods. | | $ | 76,381,166,213.59 | |
| | | | | | | |
| (d) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 1,068,029,685.73 | |
| | | | | | | |
| (e) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 872,216,766.01 | |
| | | | | | | |
| (f) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 15,317,642,310.79 | |
| | | | | | | |
| (g) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 74,029,145.01 | |
| | | | | | | |
| (h) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 14,003,567.69 | |
| | | | | | | |
| (i) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 1,071,590,805.06 | |
| | | | | | | |
| (j) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 3,895,902.60 | |
| | | | | | | |
| (k) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 736,948.26 | |
| | | | | | | |
| (l) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 56,393,770.46 | |
| | (a) | | The aggregate amount of Class A and Class B Investor Losses, as defined in the Agreement, during the related Due Periods. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (b) | | The amount of Class A and Class B Investor Losses set forth in paragraph (a) above, per $1,000 interest. |
53
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (c) | | The total amount reimbursed to the Trust in the current year pursuant to the Agreement, if any, in respect of Class A and Class B Investor Losses. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (d) | | The amount set forth in paragraph (c) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (e) | | The aggregate amount of unreimbursed Class A and Class B Investor Losses in the Trust as of the end of the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (f) | | The amount set forth in paragraph (e) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | 3. | | Investor Servicing Fee |
| | (a) | | The amount of Class A and Class B Monthly Servicing Fee payable by the Trust to the Servicer for the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $9,166,666.63 | | $482,460.00 |
| | 4. | | Available Credit Enhancement Amount |
| | (a) | | The Amount available to be drawn from both the shared and Class B portion of the Credit Enhancement in accordance with the Agreement and its respective Series Supplement as of the Distribution Date prior to November 30, 2005. |
| | | |
| Shared Amount | | Class B Amount |
| $0.00 | | $39,473,700.00 |
| | (b) | | The amount set forth in paragraph (a) above as a percentage of the Series Investor Interest and the Class B Investor Interest. |
| | | |
| Shared Amount | | Class B Amount |
| 0.00% | | 150.00% |
54
DISCOVER CARD MASTER TRUST 1
Series 2005-1
Credit Card Pass - Through Certificates
Distribution and Performance
Annual Aggregate Report - 2005
Pursuant to the Series Supplement dated as of January 18, 2005, as amended, for Series 2005-1, and relating to the Amended and Restated Pooling and Servicing Agreement dated as of November 3, 2004 (the “Agreement”) by and between Discover Bank (the “Servicer”) and U.S. Bank National Association, as Trustee, as amended, the Servicer is required to prepare certain information each month regarding current distributions to Investor Certificateholders and the performance of the Trust during the previous month. For purposes of filing Form 10-K, certain information is required to be prepared with respect to such Distribution Dates occurring during the fiscal year ended November 30, 2005. The information which is required to be prepared with respect to such Distribution Dates related to the period mentioned above is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per Investor Certificate. Certain other information is presented based upon the aggregate amounts for the Trust as a whole.
| A. | | Information Regarding the Aggregate Distributions for the Fiscal Year Ended November 30, 2005 |
| | (a) | | The amount of distribution to Class A |
| | | | Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $40,183,216.25 | | $40,183,216.25 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $26.78881083 | | $26.78881083 | | $0.00000000 |
| | (a) | | The amount of distribution to Class B |
| | | | Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $2,207,336.06 | | $2,207,336.06 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $27.95936642 | | $27.95936642 | | $0.00000000 |
55
| B. | | Information Regarding the Performance of the Trust |
| | 1. | | Collections of Receivables |
| | | | | | | |
| (a) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods. | | $ | 5,323,480,948.83 | |
| | | | | | | |
| (b) | | The aggregate amount of Interchange processed during the related Due Periods. | | $ | 1,005,564,324.19 | |
| | | | | | | |
| (c) | | The aggregate amount of Principal Collections processed during the related Due Periods. | | $ | 76,381,166,213.59 | |
| | | | | | | |
| (d) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 1,068,029,685.73 | |
| | | | | | | |
| (e) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 872,216,766.01 | |
| | | | | | | |
| (f) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 15,317,642,310.79 | |
| | | | | | | |
| (g) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 202,561,356.07 | |
| | | | | | | |
| (h) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 37,466,343.17 | |
| | | | | | | |
| (i) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 2,929,501,687.59 | |
| | | | | | | |
| (j) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 10,661,166.56 | |
| | | | | | | |
| (k) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 1,971,916.40 | |
| | | | | | | |
| (l) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 154,184,893.19 | |
| | (a) | | The aggregate amount of Class A and Class B Investor Losses, as defined in the Agreement, during the related Due Periods. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (b) | | The amount of Class A and Class B Investor Losses set forth in paragraph (a) above, per $1,000 interest. |
56
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (c) | | The total amount reimbursed to the Trust in the current year pursuant to the Agreement, if any, in respect of Class A and Class B Investor Losses. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (d) | | The amount set forth in paragraph (c) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (e) | | The aggregate amount of unreimbursed Class A and Class B Investor Losses in the Trust as of the end of the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (f) | | The amount set forth in paragraph (e) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | 3. | | Investor Servicing Fee |
| | (a) | | The amount of Class A and Class B Monthly Servicing Fee payable by the Trust to the Servicer for the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $25,000,000.00 | | $1,315,800.00 |
| | 4. | | Available Credit Enhancement Amount |
| | (a) | | The Amount available to be drawn from both the shared and Class B portion of the Credit Enhancement in accordance with the Agreement and its respective Series Supplement as of the Distribution Date prior to November 30, 2005. |
| | | |
| Shared Amount | | Class B Amount |
| $0.00 | | $118,421,100.00 |
| | (b) | | The amount set forth in paragraph (a) above as a percentage of the Series Investor Interest and the Class B Investor Interest. |
| | | |
| Shared Amount | | Class B Amount |
| 0.00% | | 150.00% |
57
DISCOVER CARD MASTER TRUST 1
Series 2005-2
Credit Card Pass - Through Certificates
Distribution and Performance
Annual Aggregate Report - 2005
Pursuant to the Series Supplement dated as of October 13, 2005, as amended, for Series 2005-2, and relating to the Amended and Restated Pooling and Servicing Agreement dated as of November 3, 2004 (the “Agreement”) by and between Discover Bank (the “Servicer”) and U.S. Bank National Association, as Trustee, as amended, the Servicer is required to prepare certain information each month regarding current distributions to Investor Certificateholders and the performance of the Trust during the previous month. For purposes of filing Form 10-K, certain information is required to be prepared with respect to such Distribution Dates occurring during the fiscal year ended November 30, 2005. The information which is required to be prepared with respect to such Distribution Dates related to the period mentioned above is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per Investor Certificate. Certain other information is presented based upon the aggregate amounts for the Trust as a whole.
| A. | | Information Regarding the Aggregate Distributions for the Fiscal Year Ended November 30, 2005 |
| | (a) | | The amount of distribution to Class A |
| | | | Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $2,912,250.00 | | $2,912,250.00 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $3.64031250 | | $3.64031250 | | $0.00000000 |
| | (a) | | The amount of distribution to Class B |
| | | | Certificateholders on the related Distribution Dates. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $158,296.63 | | $158,296.63 | | $0.00 |
| | (b) | | The amount of the distribution set forth in paragraph (a) above, per $1,000 interest. |
| | | | | |
| Total | | Interest | | Principal |
| |
| $3.75947917 | | $3.75947917 | | $0.00000000 |
58
| B. | | Information Regarding the Performance of the Trust |
| | 1. | | Collections of Receivables |
| | | | | | | |
| (a) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods. | | $ | 5,323,480,948.83 | |
| | | | | | | |
| (b) | | The aggregate amount of Interchange processed during the related Due Periods. | | $ | 1,005,564,324.19 | |
| | | | | | | |
| (c) | | The aggregate amount of Principal Collections processed during the related Due Periods. | | $ | 76,381,166,213.59 | |
| | | | | | | |
| (d) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 1,068,029,685.73 | |
| | | | | | | |
| (e) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 872,216,766.01 | |
| | | | | | | |
| (f) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Seller Certificate. | | $ | 15,317,642,310.79 | |
| | | | | | | |
| (g) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 11,358,927.32 | |
| | | | | | | |
| (h) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 2,084,893.47 | |
| | | | | | | |
| (i) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class A Certificates. | | $ | 160,168,379.31 | |
| | | | | | | |
| (j) | | The aggregate amount of Finance Charge Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 597,740.35 | |
| | | | | | | |
| (k) | | The aggregate amount of Interchange processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 109,713.26 | |
| | | | | | | |
| (l) | | The aggregate amount of Principal Collections processed during the related Due Periods which was allocated in respect of the Class B Certificates. | | $ | 8,428,533.82 | |
| | (a) | | The aggregate amount of Class A and Class B Investor Losses, as defined in the Agreement, during the related Due Periods. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (b) | | The amount of Class A and Class B Investor Losses set forth in paragraph (a) above, per $1,000 interest. |
59
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (c) | | The total amount reimbursed to the Trust in the current year pursuant to the Agreement, if any, in respect of Class A and Class B Investor Losses. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (d) | | The amount set forth in paragraph (c) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | (e) | | The aggregate amount of unreimbursed Class A and Class B Investor Losses in the Trust as of the end of the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $0.00 | | $0.00 |
| | (f) | | The amount set forth in paragraph (e) above, per $1,000 interest. |
| | | |
| Class A | | Class B |
| 0.00000000 | | 0.00000000 |
| | 3. | | Investor Servicing Fee |
| | (a) | | The amount of Class A and Class B Monthly Servicing Fee payable by the Trust to the Servicer for the year ended November 30, 2005. |
| | | |
| Class A | | Class B |
| $1,333,333.33 | | $70,176.67 |
| | 4. | | Available Credit Enhancement Amount |
| | (a) | | The Amount available to be drawn from both the shared and Class B portion of the Credit Enhancement in accordance with the Agreement and its respective Series Supplement as of the Distribution Date prior to November 30, 2005. |
| | | |
| Shared Amount | | Class B Amount |
| $0.00 | | $63,157,950.00 |
| | (b) | | The amount set forth in paragraph (a) above as a percentage of the Series Investor Interest and the Class B Investor Interest. |
| | | |
| Shared Amount | | Class B Amount |
| 0.00% | | 150.00% |
60
