1
CAPITAL ONE MASTER TRUST
TRUST EXCESS SPREAD ANALYSIS - APRIL-00
Card Trust COMT 95-1 COMT 95-3 COMT 96-1* COMT 96-2 COMT 96-3 COMT 97-1* COMT 97-2*
Deal Size $900MM $1050MM $845MM $750MM $500MM $608MM $502MM
Expected Maturity(Class A): 6/15/00 8/15/00 8/15/01 12/15/01 1/15/04 6/15/02 8/15/02
- -------------------------------------------------------------------------------------------------------------------------------
Excess Spread:
Portfolio Yield 21.05% 21.05% 21.05% 21.05% 21.05% 21.05% 21.05%
LESS: (Wt Avg) Coupon 6.50% 6.47% 6.42% 6.43% 6.47% 6.35% 6.37%
SVC Fees 2.00% 2.00% 1.50% 1.50% 1.50% 1.50% 1.50%
Charge-Offs 3.72% 3.72% 3.72% 3.72% 3.72% 3.72% 3.72%
Excess Spread: Apr-00 8.83% 8.86% 9.41% 9.40% 9.36% 9.48% 9.46%
Mar-00 10.52% 10.56% 11.00% 11.09% 11.05% 11.07% 11.05%
Feb-00 11.73% 11.76% 12.06% 12.29% 12.26% 12.13% 12.11%
3-Mo Avg Excess Spread 10.36% 10.39% 10.82% 10.93% 10.89% 10.89% 10.87%
- -------------------------------------------------------------------------------------------------------------------------------
Delinquents: 30 to 59 days 1.44% 1.44% 1.44% 1.44% 1.44% 1.44% 1.44%
60 to 89 days 0.92% 0.92% 0.92% 0.92% 0.92% 0.92% 0.92%
90+ days 2.06% 2.06% 2.06% 2.06% 2.06% 2.06% 2.06%
Monthly Payment Rate 15.97% 15.97% 15.97% 15.97% 15.97% 15.97% 15.97%
Card Trust COMT 98-1 COMT 98-3* COMT 98-4 COMT 99-1 COMT 99-2 COMT 99-3 COMT 00-1
Deal Size $591MM $464MM $750MM $625MM $625MM $500MM $600MM
Expected Maturity(Class A): 4/15/08 08/16/2001 11/15/2003 05/15/2004 05/15/2002 07/15/2006 02/17/2003
- -------------------------------------------------------------------------------------------------------------------------------
Excess Spread:
Portfolio Yield 21.05% 21.05% 21.05% 21.05% 21.05% 21.05% 21.05%
LESS: (Wt Avg) Coupon 6.33% 5.56% 5.61% 6.51% 6.46% 6.68% 7.16%
SVC Fees 1.50% 1.50% 1.50% 1.50% 1.50% 1.50% 1.50%
Charge-Offs 3.72% 3.72% 3.72% 3.72% 3.72% 3.72% 3.72%
Excess Spread: Apr-00 9.50% 10.27% 10.22% 9.32% 9.37% 9.15% 8.67%
Mar-00 10.66% 10.54% 11.29% 11.10% 11.06% 10.94% 9.91%
Feb-00 12.08% 12.88% 12.83% 12.18% 12.26% 12.01% N/A
3-Mo Avg Excess Spread 10.75% 11.23% 11.45% 10.87% 10.90% 10.70% N/A
- -------------------------------------------------------------------------------------------------------------------------------
Delinquents: 30 to 59 days 1.44% 1.44% 1.44% 1.44% 1.44% 1.44% 1.44%
60 to 89 days 0.92% 0.92% 0.92% 0.92% 0.92% 0.92% 0.92%
90+ days 2.06% 2.06% 2.06% 2.06% 2.06% 2.06% 2.06%
Monthly Payment Rate 15.97% 15.97% 15.97% 15.97% 15.97% 15.97% 15.97%
This material is for informational purposes only and is not an offer of
securities for sale in the United States. These securities will not be and have
not been registered under the Securities Act of 1933 and may not be offered or
sold in the United States absent registration or an applicable exemption from
the registration requirements.
COMMENTS:
Capital One Master Trust performance statistics are also available at the
Capital One web site: http://www.capitalone.com (Under "For Investors" section)
* Represents Non-US Transactions
Page 40 of 40