UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
April 17, 2006
FIRST NATIONAL MASTER NOTE TRUST
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(Exact name of registrant as specified in its charter)
Nebraska 000-50139 Not applicable
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(State of Incorporation) (Commission File Number) (IRS Employer
Identification Number)
1620 Dodge Street
Stop Code 3198
Omaha, Nebraska 68197-3198
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(Address of principal executive offices) (Zip Code)
(402) 341-0500
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(Registrant's telephone number, including area code)
Not applicable
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
ITEM 8.01. OTHER EVENTS.
The registrant hereby files the Monthly Report to Noteholders for the
monthly period ending March 31, 2006 as Exhibit 20 to Item 9.01(c) hereto.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Financial statements of businesses acquired.
None.
(b) Pro forma financial information.
None.
(c) Exhibits.
EXHIBIT NO. DOCUMENT DESCRIPTION
Exhibit 20 Series 2003-2 Asset Backed Notes Monthly Servicing
Report for the monthly period ending March 31, 2006
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
Dated: April 26, 2006 FIRST NATIONAL FUNDING LLC
By: First National Funding Corporation,
Managing Member
By: /s/ KARLYN M. KNIERIEM
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Karlyn M. Knieriem, Senior Vice
President and Treasurer
Dated: April 26, 2006 FIRST NATIONAL MASTER NOTE TRUST
By: First National Bank of Omaha,
As Servicer of First National
Master Note Trust
By: /s/ TIMOTHY D. HART
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Timothy D. Hart, Senior Vice President,
Treasurer and Assistant Secretary
EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
20 Series 2003-2 Asset Backed Notes Monthly Servicing Report
for the monthly period ending March 31, 2006