CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-B STATEMENT TO CERTIFICATEHOLDERS PERIOD 14 PAGE # 1 DETERMINATION: 10-Jun-1999 Beginning 5/1/99 DISTRIBUTION: 15-Jun-1999 Ending 5/31/99 TIME: 6/29/99 1:55 CLASS A-1 5.578% MONEY MARKET ASSET BACKED NOTES CLASS A-2 5.729% ASSET BACKED NOTES CLASS A-3 5.750% ASSET BACKED NOTES CLASS A-4 5.800% ASSET BACKED NOTES CLASS B-1 6.050% 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 $200,000,000.00 $59,359,709.59 $24,747,480.17 $283,393.15 $25,030,873.32 $34,612,229.42 A-3 Notes $321,000,000.00 $321,000,000.00 $0.00 $1,538,125.00 $1,538,125.00 $321,000,000.00 A-4 Notes $282,800,000.00 $282,800,000.00 $0.00 $1,366,866.67 $1,366,866.67 $282,800,000.00 NOTE TOTALS $1,053,800,000.00 $663,159,709.59 $24,747,480.17 $3,188,384.82 $27,935,864.99 $638,412,229.42 B-1 $32,604,142.65 $32,604,142.65 $0.00 $164,379.22 $164,379.22 $32,604,142.65 CERTIFICATE TOTALS $32,604,142.65 $32,604,142.65 $0.00 $164,379.22 $164,379.22 $32,604,142.65 TOTALS $1,086,404,142.65 $695,763,852.24 $24,747,480.17 $3,352,764.04 $28,100,244.21 $671,016,372.07 FACTOR INFORMATION PER $1,000 PRINCIPAL INTEREST END PRINCIPAL CLASS DISTRIBUTION DISTRIBUTION BALANCE A-1 0.00000000 0.00000000 0.00000000 A-2 123.73740085 1.41696575 173.06114710 A-3 0.00000000 4.79166667 1,000.00000000 A-4 0.00000000 4.83333335 1,000.00000000 Notes Totals 23.48403888 3.02560716 605.81915868 B-1 0.00000000 5.04166669 1,000.00000000 Certificate Totals 0.00000000 5.04166669 1,000.00000000 TOTALS 22.77925792 3.08611124 617.64894456 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 (C) COPYRIGHT 1998, CHASE MANHATTAN BANK CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-B STATEMENT TO CERTIFICATEHOLDERS PERIOD 14 PAGE # 2 DETERMINATION: 10-Jun-1999 Beginning 5/1/99 DISTRIBUTION: 15-Jun-1999 Ending 5/31/99 TIME: 6/29/99 2:26 per $1000 Section 5.8 (iii) Servicing Fee $579,803.21 0.53369017 Section 5.8 (iv) Administration Fee $1,000.00 0.00092047 Section 5.8 (vi) Pool Balance at the end of the Collection Period $671,016,372.07 Section 5.8 (vii) Repurchase Amounts for Repurchased Receivable By Seller $0.00 By Servicer $28,184.33 TOTAL $28,184.33 Section 5.8 (viii) Realized Net Losses for Collection Period $109,977.64 Section 5.8 (ix) Reserve Account Balance after Disbursement $20,130,491.16 Section 5.8 (x) Specified Reserve Account Balance $20,130,491.16 Section 5.8 (xi) Total Distribution Amount $29,599,746.88 Servicing Fee $579,803.21 Administrative Fee $1,000.00 Noteholders' Distribution Amount $27,935,864.99 Certificateholders' Distribution Amount $164,379.22 Deposit to Reserve Account $918,699.46 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 $24,747,480.17 $283,393.15 $25,030,873.32 123.73740085 1.41696575 125.15436660 A-3 $0.00 $1,538,125.00 $1,538,125.00 0.00000000 4.79166667 4.79166667 A-4 $0.00 $1,366,866.67 $1,366,866.67 0.00000000 4.83333335 4.83333335 Total $24,747,480.17 $3,188,384.82 $27,935,864.99 23.48403888 3.02560716 26.50964603 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 $164,379.22 $164,379.22 0.00000000 5.04166669 5.04166669 Total $0.00 $164,379.22 $164,379.22 0.00000000 5.04166669 5.04166669 Section 5.8 (xiv) Reserve Fund Transfer Amount $918,699.46