CHASE MANHATTAN AUTO OWNER TRUST SERIES 1997-A STATEMENT TO CERTIFICATEHOLDERS PERIOD 15 PAGE # 1 DETERMINATION: 10-Jun-98 Beginning 5/1/98 DISTRIBUTION: 15-Jun-98 Ending 5/31/98 TIME: 6/15/98 21:00 CLASS A-1 5.545% MONEY MARKET ASSET BACKED NOTES CLASS A-2 5.950% ASSET BACKED NOTES CLASS A-3 6.250% ASSET BACKED NOTES CLASS A-4 6.400% ASSET BACKED NOTES CLASS A-5 6.500% ASSET BACKED NOTES CLASS B-1 6.650% ASSET BACKED CERTIFICATES ORIG PRINCIPAL BEG PRINCIPAL PRINCIPAL INTEREST TOTAL END PRINCIPAL CLASS BALANCE BALANCE DISTRIBUTION DISTRIBUTION DISTRIBUTION BALANCE A-1 Notes $250,000,000.00 $0.00 $0.00 $0.00 $0.00 $0.00 A-2 Notes $365,000,000.00 $168,383,637.90 $28,185,291.07 $834,902.20 $29,020,193.27 $140,198,346.83 A-3 Notes $270,000,000.00 $270,000,000.00 $0.00 $1,406,250.00 $1,406,250.00 $270,000,000.00 A-4 Notes $165,000,000.00 $165,000,000.00 $0.00 $880,000.00 $880,000.00 $165,000,000.00 A-5 Notes $85,500,000.00 $85,500,000.00 $0.00 $463,125.00 $463,125.00 $85,500,000.00 NOTE TOTALS $1,135,500,000.00 $688,883,637.90 $28,185,291.07 $3,584,277.20 $31,769,568.27 $660,698,346.83 B-1 $35,153,718.13 $35,153,718.13 $0.00 $194,810.19 $194,810.19 $35,153,718.13 CERT TOTALS $35,153,718.13 $35,153,718.13 $0.00 $194,810.19 $194,810.19 $35,153,718.13 TOTALS $1,170,653,718.13 $724,037,356.03 $28,185,291.07 $3,779,087.39 $31,964,378.46 $695,852,064.96 FACTOR INFORMATION PER $1,000 PRINCIPAL INTEREST END PRINCIPAL CLASS DISTRIBUTION DISTRIBUTION BALANCE A-1 0.00000000 0.00000000 0.00000000 A-2 77.21997553 2.28740329 384.10505981 A-3 0.00000000 5.20833333 1,000.00000000 A-4 0.00000000 5.33333333 1,000.00000000 A-5 0.00000000 5.41666667 1,000.00000000 Totals 24.82192080 3.15656292 581.85675635 B-1 0.00000000 5.54166672 1,000.00000000 Totals 0.00000000 5.54166672 1,000.00000000 TOTALS 24.07654000 3.22818553 594.41323611 CHASE MANHATTAN AUTO OWNER TRUST SERIES 1997-A STATEMENT TO CERTIFICATEHOLDERS PERIOD 15 PAGE # 2 DETERMINATION: 10-Jun-98 Beginning 5/1/98 DISTRIBUTION: 15-Jun-98 Ending 5/31/98 TIME: 6/15/98 21:00 per $1000 Section 5.8 (iii) Servicing Fee $603,364.46 0.51540814 Section 5.8 (iv) Administration Fee $1,000.00 0.00085422 Section 5.8 (vi) Pool Balance at the end of the Collection Period $695,852,064.96 Section 5.8 (vii) Repurchase Amounts for Repurchased Receivable By Seller $0.00 By Servicer $0.00 TOTAL $0.00 Section 5.8 (viii) Realized Net Losses for Collection Period $512,706.06 Section 5.8 (ix) Reserve Account Balance after Disbursement $20,875,561.95 Section 5.8 (x) Specified Reserve Account Balance $20,875,561.95 Section 5.8 (xi) Total Distribution Amount $32,958,523.43 Servicing Fee $603,364.46 Administrative Fee $1,000.00 Noteholders' Distribution Amount $31,769,568.27 Certificateholders' Distribution Amount $194,810.19 Deposit to Reserve Account $389,780.51 Section 5.8 (xii) Noteholders' Distributable Amount Class Principal Interest Total Prin (per $1000/orig) Int (per $1000/orig) Total (per $1000/orig) A-1 $0.00 $0.00 $0.00 0.00000000 0.00000000 0.00000000 A-2 $28,185,291.07 $834,902.20 $29,020,193.27 77.21997553 2.28740329 79.50737882 A-3 $0.00 $1,406,250.00 $1,406,250.00 0.00000000 5.20833333 5.20833333 A-4 $0.00 $880,000.00 $880,000.00 0.00000000 5.33333333 5.33333333 A-5 $0.00 $463,125.00 $463,125.00 0.00000000 5.41666667 5.41666667 Total $28,185,291.07 $3,584,277.20 $31,769,568.27 24.82192080 3.15656292 27.97848373 Section 5.8 (xiii) Certificateholders' Distributable Amount Class Principal Interest Total Prin (per $1000/orig) Int (per $1000/orig) Total (per $1000/orig) B-1 $0.00 $194,810.19 $194,810.19 0.00000000 5.54166672 5.54166672 Total $0.00 $194,810.19 $194,810.19 0.00000000 5.54166672 5.54166672 Section 5.8 (xiv) Reserve Fund Transfer Amount $389,780.51 (C) COPYRIGHT 1998, CHASE MANHATTAN BANK