1



                            FORM OF MONTHLY STATEMENT
                            CAPITAL ONE MASTER TRUST
                                  SERIES 1995-2

     Pursuant  to  the  Master  Pooling  and  Servicing  Agreement  dated  as of
September 30, 1993  (hereinafter  as such agreement may have been or may be from
time to time,  supplemented,  amended or  otherwise  modified,  the "Pooling and
Servicing  Agreement"),  between  Capital  One  Bank  (as  successor  to  Signet
Bank/Virginia),  and The Bank of New York, as trustee (the  "Trustee"),  Capital
One as Servicer is required to prepare certain  information each month regarding
current distributions to  Certificateholders  and the performance of the Capital
One Master Trust (the "Trust") during the previous month. The information  which
is required to be prepared  with  respect to the  Distribution  Date of June 15,
1998,  and with  respect to the  performance  of the Trust during the month May,
1998 is set forth below. Certain of the information is presented on the basis of
an  original   principal   amount  of  $1,000  per   investor   Certificate   (a
"Certificate").  Certain other  information is presented  based on the aggregate
amounts  for the Trust as a whole.  Capitalized  terms used in this  Certificate
have their respective meanings set forth in the Pooling and Servicing Agreement.


                                                                                                         
A) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)

   1)The total amount of the  distribution  to Class A  Certificateholders  on
     June 15, 1998 per $1,000 Original Principal Amount                                                             4.9653819333
                                                                                                         ------------------------

   2)The amount of the  distribution set forth in paragraph 1 above in respect
     of interest on the Class A Certificates, per $1,000 Original Principal Amount                                  4.9653819333
                                                                                                         ------------------------

   3)The amount of the  distribution set forth in paragraph 1 above in respect
     of principal  of the Class A Certificates, per $1,000 Original Principal Amount                                0.0000000000
                                                                                                         ------------------------

B) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $10,000 Original Principal Amount)

   1)The total amount of the  distribution  to Class A  Certificateholders  on
     June 15, 1998
                                                                                                                   49.6538193333
                                                                                                         ------------------------

   2)The amount of the  distribution set forth in paragraph 1 above in respect
     of interest on the Class A Certificates                                                                       49.6538193333
                                                                                                         ------------------------

   3)The amount of the  distribution set forth in paragraph 1 above in respect
     of principal of the Class A Certificates                                                                       0.0000000000
                                                                                                         ------------------------

C) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $100,000 Original Principal Amount)

   1)The total amount of the  distribution  to Class A  Certificateholders  on
     June 15, 1998                                                                                                496.5381933333
                                                                                                         ------------------------

   2)The amount of the  distribution set forth in paragraph 1 above in respect
     of interest on the Class A Certificates                                                                      496.5381933333
                                                                                                         ------------------------

   3)The amount of the  distribution set forth in paragraph 1 above in respect
     of principal of the Class A Certificates                                                                       0.0000000000
                                                                                                         ------------------------
                                                                                                         




 2




                                                                                                          
D) Class A Investor Charge Off's and Reimbursement of Charge Off's

   1)The amount of Class A Investor Charge Off's                                                                            0.00
                                                                                                         ------------------------

   2)The  amount of Class A Investor  Charge  Off's set forth in  paragraph  1
     above, per $1,000 Original Principal Amount                                                                    0.0000000000
                                                                                                         ------------------------

   3)The total amount reimbursed to the Trust in respect of Class A Investor Charge Off's                                   0.00
                                                                                                         ------------------------

   4)The amount set forth in paragraph 3 above, per $1,000 Original  Principal
     Amount (which will have the effect of increasing, pro rata, the amount of
     each Series 1995-2 Investor Certificateholder's
     Investment)                                                                                                    0.0000000000
                                                                                                         ------------------------

   5)The amount,  if any, by which the  outstanding  principal  balance of the
     Class A Certificates exceeds the Class A Invested Amount after giving effect
      to all transactions on such Distribution Date                                                                         0.00
                                                                                                         ------------------------

E) Information Regarding Distributions to the Class B Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)

   1)The total amount of the  distribution  to Class B  Certificateholders  on
     June 15, 1998 per $1,000 Original Principal Amount.                                                            5.0601042051
                                                                                                         ------------------------

   2)The amount of the  distribution set forth in paragraph 1 above in respect
     of interest on the Class B Certificates, per $1,000 Original Principal Amount.                                 5.0601042051
                                                                                                         ------------------------

   3)The amount of the  distribution set forth in paragraph 1 above in respect     
     of principal of the Class B Certificates, per $1,000 Original Principal Amount.                                0.0000000000
                                                                                                         ------------------------

F) Class B Investor Charge Off's and Reimbursement of Charge Off's

   1)The amount of Class B Investor Charge Off's                                                                            0.00
                                                                                                         ------------------------
   2)The  amount of Class B Investor  Charge  Off's set forth in  paragraph  1
     above, per $1,000 Original Principal Amount                                                                    0.0000000000
                                                                                                         ------------------------
   3)The total amount  reimbursed  to the Trust in respect of Class B Investor
     Charge Off's
                                                                                                                            0.00
                                                                                                         ------------------------
   4)The amount set forth in paragraph 3 above, per $1,000 Original  Principal
     Amount (which will have the effect of increasing, pro rata, the amount of
     each Series 1995-2 Investor Certificateholder's Investment)                                                    0.0000000000
                                                                                                         ------------------------
   5)The amount,  if any, by which the  outstanding  principal  balance of the
     Class B  Certificates  exceeds the Class B Invested  Amount  after giving
     effect to all transactions on such Distribution Date
                                                                                                                            0.00
                                                                                                         ------------------------
G) The Available  Collateral Amount as of the close of business on the preceding
Distribution  Date (after giving effect to any  withdrawal  from the  Collateral
Account) was equal to
                                                                                                                      26,250,000
                                                                                                         ------------------------
H) The  Required  Collateral  Amount  as of  the  close  of  business  on  such
Distribution  Date,  after giving effect to any  withdrawal  from the Collateral
Account and payments to the Collateral  Indebtedness Holder on such Distribution
Date, will be equal to                                                                                               26,250,000   
                                                                                                         ------------------------