CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-A STATEMENT TO CERTIFICATEHOLDERS PERIOD 16 PAGE # 1 DETERMINATION: 10-Jun-1999 Beginning 5/1/99 DISTRIBUTION: 15-Jun-1999 Ending 5/31/99 TIME: 6/28/99 22:00 CLASS A-1 5.549% MONEY MARKET ASSET BACKED NOTES CLASS A-2 5.679% ASSET BACKED NOTES CLASS A-3 5.700% ASSET BACKED NOTES CLASS A-4 5.800% ASSET BACKED NOTES CLASS B-1 6.000% ASSET BACKED CERTIFICATES ORIG PRINCIPAL BEG PRINCIPAL PRINCIPAL INTEREST TOTAL CLASS BALANCE BALANCE DISTRIBUTION DISTRIBUTION DISTRIBUTION A-1 Notes $ 238,000,000.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 A-2 Notes $ 204,000,000.00 $ 24,145,331.41 $ 22,697,890.11 $ 114,267.78 $ 22,812,157.89 A-3 Notes $ 294,000,000.00 $ 294,000,000.00 $ 0.00 $ 1,396,500.00 $ 1,396,500.00 A-4 Notes $ 246,000,000.00 $ 246,000,000.00 $ 0.00 $ 1,189,000.00 $ 1,189,000.00 NOTE TOTALS $ 982,000,000.00 $ 564,145,331.41 $ 22,697,890.11 $ 2,699,767.78 $ 25,397,657.89 B-1 $ 30,620,164.79 $ 30,620,164.79 $ 0.00 $ 153,100.82 $ 153,100.82 CERTIFICATE TOTALS $ 30,620,164.79 $ 30,620,164.79 $ 0.00 $ 153,100.82 $ 153,100.82 TOTALS $ 1,012,620,164.79 $ 594,765,496.20 $ 22,697,890.11 $ 2,852,868.60 $ 25,550,758.71 END PRINCIPAL CLASS BALANCE A-1 Notes $ 0.00 A-2 Notes $ 1,447,441.30 A-3 Notes $ 294,000,000.00 A-4 Notes $ 246,000,000.00 NOTE TOTALS $ 541,447,441.30 B-1 $ 30,620,164.79 CERTIFICATE TOTALS $ 30,620,164.79 TOTALS $ 572,067,606.09 FACTOR INFORMATION PER $1,000 PRINCIPAL INTEREST END PRINCIPAL CLASS DISTRIBUTION DISTRIBUTION BALANCE ----- ------------ ------------ ------- A-1 0.00000000 0.00000000 0.00000000 A-2 111.26416721 0.56013618 7.09530049 A-3 0.00000000 4.75000000 1,000.00000000 A-4 0.00000000 4.83333333 1,000.00000000 Notes Totals 23.11394105 2.74925436 551.37213982 B-1 0.00000000 4.99999987 1,000.00000000 Certificate Totals 0.00000000 4.99999987 1,000.00000000 TOTALS 22.41500900 2.81731364 564.93799549 IF THERE ARE ANY QUESTIONS OR COMMENTS, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW KIM COSTA THE CHASE MANHATTAN BANK - ASPG 450 WEST 33RD STREET, 15TH FLOOR NEW YORK, NEW YORK 10001 (212) 946-3247 CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-A STATEMENT TO CERTIFICATEHOLDERS PERIOD 16 PAGE # 2 DETERMINATION: 10-Jun-1999 Beginning 5/1/99 DISTRIBUTION: 15-Jun-1999 Ending 5/31/99 TIME: 6/28/99 22:00 per $1000 Section 5.8 (iii) Servicing Fee $495,637.91 0.48946083 Section 5.8 (iv) Administration Fee $1,000.00 0.00098754 Section 5.8 (vi) Pool Balance at the end of the Collection Period $572,067,606.09 Section 5.8 (vii) Repurchase Amounts for Repurchased Receivable By Seller $0.00 By Servicer $133,144.16 TOTAL $133,144.16 Section 5.8 (viii) Realized Net Losses for Collection Period $280,301.80 Section 5.8 (ix) Reserve Account Balance after Disbursement $17,162,028.18 Section 5.8 (x) Specified Reserve Account Balance $17,162,028.18 Section 5.8 (xi) Total Distribution Amount $26,669,113.14 Servicing Fee $495,637.91 Administrative Fee $1,000.00 Noteholders' Distribution Amount $25,397,657.89 Certificateholders' Distribution Amount $153,100.82 Deposit to Reserve Account $621,716.52 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 $22,697,890.11 $114,267.78 $22,812,157.89 111.26416721 0.56013618 111.82430338 A-3 $0.00 $1,396,500.00 $1,396,500.00 0.00000000 4.75000000 4.75000000 A-4 $0.00 $1,189,000.00 $1,189,000.00 0.00000000 4.83333333 4.83333333 - ----------------------------------------------------------------------------------------------------------------------------- Total $22,697,890.11 $2,699,767.78 $25,397,657.89 23.11394105 2.74925436 25.86319541 - ----------------------------------------------------------------------------------------------------------------------------- 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 $153,100.82 $153,100.82 0.00000000 4.99999987 4.99999987 - --------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------- Total $0.00 $153,100.82 $153,100.82 0.00000000 4.99999987 4.99999987 - --------------------------------------------------------------------------------------------------------------------------- Section 5.8 (xiv) Reserve Fund Transfer Amount $621,716.52