PEOPLE'S BANK CREDIT CARD MASTER TRUST SERIES 1995-1 1998 ANNUAL TAX STATEMENT Total Class A Distributions For The Year Ended 12/31/98: $22,422,830.59 Total Class A Distributions Per $1,000 of Original Investment: $59.01 Total Class B Distributions For The Year Ended 12/31/98: $1,210,565.64 Total Class B Distributions Per $1,000 of Original Investment: $60.53 Class A Distributions Allocated To Certificate Principal: $0.00 Class A Distributions of Principal Per $1,000 of Original Investment: $0.00 Class B Distributions Allocated to Certificate Principal $0.00 Class B Distributions of Principal Per $1,000 of Original Investment: $0.00 Class A Distributions Allocated To Certificate Interest: $22,422,830.59 Class A Distributions of Interest Per $1,000 of Original Investment: $59.01 Class B Distributions Allocated to Certificate Interest $1,210,565.64 Class B Distributions of Interest Per $1,000 of Original Investment: $60.53 PEOPLE'S BANK CREDIT CARD MASTER TRUST SERIES 1996-1 1998 ANNUAL TAX STATEMENT Total Class A Distributions For The Year Ended 12/31/98: $22,171,691.18 Total Class A Distributions Per $1,000 of Original Investment: $58.50 Total Class B Distributions For The Year Ended 12/31/98: $1,260,448.10 Total Class B Distributions Per $1,000 of Original Investment: $60.02 Class A Distributions Allocated To Certificate Principal: $0.00 Class A Distributions of Principal Per $1,000 of Original Investment: $0.00 Class B Distributions Allocated to Certificate Principal $0.00 Class B Distributions of Principal Per $1,000 of Original Investment: $0.00 Class A Distributions Allocated To Certificate Interest: $22,171,691.18 Class A Distributions of Interest Per $1,000 of Original Investment: $58.50 Class B Distributions Allocated to Certificate Interest $1,260,448.10 Class B Distributions of Interest Per $1,000 of Original Investment: $60.02 PEOPLE'S BANK CREDIT CARD MASTER TRUST SERIES 1997-1 1998 ANNUAL TAX STATEMENT Total Class A Distributions For The Year Ended 12/31/98: $24,733,443.56 Total Class A Distributions Per $1,000 of Original Investment: $58.20 Total Class B Distributions For The Year Ended 12/31/98: $2,032,563.90 Total Class B Distributions Per $1,000 of Original Investment: $60.22 Total Collateral Interest Distributions For The Year Ended 12/31/98: $1,803,475.56 Total Collateral Interest Distributions Per $1,000 of Original Investment: $43.72 Class A Distributions Allocated To Certificate Principal: $0.00 Class A Distributions of Principal Per $1,000 of Original Investment: $0.00 Class B Distributions Allocated to Certificate Principal $0.00 Class B Distributions of Principal Per $1,000 of Original Investment: $0.00 Collateral Interest Distributions Allocated to Collateral Principal: $0.00 Collateral Interest Distributions of Principal Per $1,000 of Original Investment: $0.00 Class A Distributions Allocated To Certificate Interest: $24,733.443.56 Class A Distributions of Interest Per $1,000 of Original Investment: $58.20 Class B Distributions Allocated to Certificate Interest $2,032,563.90 Class B Distributions of Interest Per $1,000 of Original Investment: $60.22 Collateral Interest Distributions Allocated to Collateral Interest: $1,803,475.56 Collateral Interest Distributions of Interest Per $1,000 of Original Investment: $43.72 PEOPLE'S BANK CREDIT CARD MASTER TRUST SERIES 1997-2 1998 ANNUAL TAX STATEMENT Total Class A Distributions For The Year Ended 12/31/98: $24,776,533.83 Total Class A Distributions Per $1,000 of Original Investment: $58.30 Total Class B Distributions For The Year Ended 12/31/98: $2,035,985.77 Total Class B Distributions Per $1,000 of Original Investment: $60.33 Total Collateral Interest Distributions For The Year Ended 12/31/98: $1,943,480.58 Total Collateral Interest Distributions Per $1,000 of Original Investment: $47.11 Class A Distributions Allocated To Certificate Principal: $0.00 Class A Distributions of Principal Per $1,000 of Original Investment: $0.00 Class B Distributions Allocated to Certificate Principal $0.00 Class B Distributions of Principal Per $1,000 of Original Investment: $0.00 Collateral Interest Distributions Allocated to Collateral Principal: $0.00 Collateral Interest Distributions of Principal Per $1,000 of Original Investment: $0.00 Class A Distributions Allocated To Certificate Interest: $24,776,533.83 Class A Distributions of Interest Per $1,000 of Original Investment: $58.30 Class B Distributions Allocated to Certificate Interest $2,0350985.77 Class B Distributions of Interest Per $1,000 of Original Investment: $60.33 Collateral Interest Distributions Allocated to Collateral Interest: $1,943,480.58 Collateral Interest Distributions of Interest Per $1,000 of Original Investment: $47.11 PEOPLE'S BANK CREDIT CARD MASTER TRUST SERIES 1998-1 1998 ANNUAL TAX STATEMENT Total Class A Distributions For The Year Ended 12/31/98: $14,048,945.00 Total Class A Distributions Per $1,000 of Original Investment: $40.96 Total Class B Distributions For The Year Ended 12/31/98: $1,144,593.64 Total Class B Distributions Per $1,000 of Original Investment: $42.39 Total Collateral Interest Distributions For The Year Ended 12/31/98: $873,482.30 Total Collateral Interest Distributions Per $1,000 of Original Investment: $29.12 Class A Distributions Allocated To Certificate Principal: $0.00 Class A Distributions of Principal Per $1,000 of Original Investment: $0.00 Class B Distributions Allocated to Certificate Principal $0.00 Class B Distributions of Principal Per $1,000 of Original Investment: $0.00 Collateral Interest Distributions Allocated to Collateral Principal: $0.00 Collateral Interest Distributions of Principal Per $1,000 of Original Investment: $0.00 Class A Distributions Allocated To Certificate Interest: $14,048,945.00 Class A Distributions of Interest Per $1,000 of Original Investment: $40.96 Class B Distributions Allocated to Certificate Interest $1,144,593.64 Class B Distributions of Interest Per $1,000 of Original Investment: $42.39 Collateral Interest Distributions Allocated to Collateral Interest: $873,482.30 Collateral Interest Distributions of Interest Per $1,000 of Original Investment: $29.12