Page 1


Chase Manhattan Auto Owner Trust 2000-A

                                                Statement to Certificateholders
                                                August 15 2003




        DISTRIBUTION IN DOLLARS
                 ORIGINAL          PRIOR                                                                                CURRENT
                  FACE           PRINCIPAL                                                   REALIZED  DEFERRED        PRINCIPAL
CLASS             VALUE           BALANCE        PRINCIPAL       INTEREST            TOTAL    LOSES    INTEREST         BALANCE
                                                                                           
A1           259,000,000.00             0.00            0.00           0.00            0.00    0.00      0.00                0.00
A2           292,000,000.00             0.00            0.00           0.00            0.00    0.00      0.00                0.00
A3           397,000,000.00             0.00            0.00           0.00            0.00    0.00      0.00                0.00
A4           294,000,000.00   293,732,258.07   20,048,138.77   1,532,303.28   21,580,442.05    0.00      0.00      273,684,119.30
B1            38,466,538.08    17,148,979.04      620,045.53      92,604.49      712,650.02    0.00      0.00       16,528,933.51
TOTALS     1,280,466,538.08   310,881,237.11   20,668,184.30   1,624,907.77   22,293,092.07    0.00      0.00      290,213,052.81






    FACTOR INFORMATION PER $1000 OF ORIGINAL FACE                                                              PASS-THROUGH RATES
                           PRIOR                                                      CURRENT                             CURRENT
                          PRINCIPAL                                                  PRINCIPAL     CLASS                PASS THRU
CLASS      CUSIP           FACTOR           PRINCIPAL    INTEREST        TOTAL         FACTOR                                RATE
                                                                                       
A1         161581bk8      0.00000000      0.00000000    0.00000000    0.00000000      0.00000000     A1                6.470000 %
A2         161581bl6      0.00000000      0.00000000    0.00000000    0.00000000      0.00000000     A2                6.300000 %
A3         161581bm4      0.00000000      0.00000000    0.00000000    0.00000000      0.00000000     A3                6.210000 %
A4         161581bn2    999.08931316     68.19094820    5.21191592   73.40286412    930.89836497     A4                6.260000 %
B1         161581bp7    445.81550345     16.11908846    2.40740380   18.52649226    429.69641499     B1                6.480000 %
TOTALS                  242.78747462     16.14113582    1.26899667   17.41013248    226.64633880




IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Kelly M Crosson
JPMorgan Chase Bank  - Structured Finance Services
4 NY Plaza, 6th floor,
New York, New York 10004
Tel: (212) 623-5439
Fax: (212) 623-5932
                  Copyright(C)2001 J.P. Morgan Chase & Co. All rights reserved.




                                                                          Page 2

Chase Manhattan Auto Owner Trust 2000-A

                                        August 15 2003
                         STATEMENT TO CERTIFICATEHOLDERS

                                        Due Period                           32
                                        Due Period Beginning Date      07/01/03
                                        Due Period End Date            07/31/03
                                        Determination Date             08/08/03




                                                                          
Section 5.8(iii)      Servicing Fee                                                 259,067.70
Section 5.8(iii)      Servicing Fee per $1000                                       0.20232290

Section 5.8(iv)       Administration Fee                                              1,000.00
Section 5.8(iv)       Administration Fee per $1000                                  0.00078097

Section 5.8(vi)       Pool Balance at the end of the Collection Period          290,213,052.81

Section 5.8(vii)      Repurchase Amounts for Repurchased Receivable
                      By Seller                                                           0.00
                      By Servicer                                                    63,499.84
                      TOTAL                                                          63,499.84

Section 5.8(viii)     Realized Net Losses for Collection Period                     268,633.28

Section 5.8(ix)       Reserve Account Balance after Disbursement                  9,603,499.04

Section 5.8(x)        Specified Reserve Account Balance                           9,603,499.04

Section 5.8(xi)       Total Distribution Amount                                  23,000,674.79
                      Servicing Fee                                                 259,067.70
                      Administration Fee                                              1,000.00
                      Noteholders Distribution Amount                            21,580,442.05
                      Certficateholders Distribution Amount                         712,650.02
                      Deposit to Reserve Account                                    447,515.02




                  Copyright(C)2001 J.P. Morgan Chase & Co. All rights reserved.





                                                                         Page 1


Chase Manhattan Auto Owner Trust 2001-A
                                                Statement to Certificateholders
                                                August 15 2003



        DISTRIBUTION IN DOLLARS
                 ORIGINAL          PRIOR                                                                                CURRENT
                  FACE           PRINCIPAL                                                   REALIZED  DEFERRED        PRINCIPAL
CLASS             VALUE           BALANCE        PRINCIPAL       INTEREST            TOTAL    LOSES    INTEREST         BALANCE
                                                                                           
A1           279,000,000.00            0.00             0.00           0.00            0.00    0.00       0.00               0.00
A2           243,000,000.00            0.00             0.00           0.00            0.00    0.00       0.00               0.00
A3           384,000,000.00  167,860,085.36    23,744,112.28     636,469.49   24,380,581.77    0.00       0.00     144,115,973.08
A4           258,100,000.00  258,100,000.00             0.00   1,090,472.50    1,090,472.50    0.00       0.00     258,100,000.00
B             36,016,952.89   23,893,138.65     1,331,865.09     100,749.40    1,432,614.49    0.00       0.00      22,561,273.56
TOTALS     1,200,116,952.89  449,853,224.01    25,075,977.37   1,827,691.39   26,903,668.76    0.00       0.00     424,777,246.64






    FACTOR INFORMATION PER $1000 OF ORIGINAL FACE                                                              PASS-THROUGH RATES
                           PRIOR                                                      CURRENT                             CURRENT
                          PRINCIPAL                                                  PRINCIPAL        CLASS             PASS THRU
CLASS      CUSIP           FACTOR           PRINCIPAL    INTEREST        TOTAL         FACTOR                                RATE
                                                                                       
A1         161581BQ5        0.00000000    0.00000000    0.00000000    0.00000000        0.00000000   A1                3.660000 %
A2         161581BR3        0.00000000    0.00000000    0.00000000    0.00000000        0.00000000   A2                3.990000 %
A3         161581BS1      437.13563896   61.83362573    1.65747263   63.49109836      375.30201323   A3                4.550000 %
A4         161581BT9    1,000.00000000    0.00000000    4.22500000    4.22500000    1,000.00000000   A4                5.070000 %
B          N/A            663.38589838   36.97883866    2.79727717   39.77611583      626.40705972    B                5.060000 %
TOTALS                    374.84115438   20.89461140    1.52292773   22.41753914      353.94654297




IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Kelly M Crosson
JPMorgan Chase Bank  - Structured Finance Services
4 NY Plaza, 6th floor,
New York, New York 10004
Tel: (212) 623-5439
Fax: (212) 623-5932
                  Copyright(C)2001 J.P. Morgan Chase & Co. All rights reserved.




                                                                          Page 2

Chase Manhattan Auto Owner Trust 2001-A

                                     August 15 2003
                         STATEMENT TO CERTIFICATEHOLDERS

                                     Due Period                              25
                                     Due Period Beginning Date         07/01/03
                                     Due Period End Date               07/31/03
                                     Determination Date                08/08/03




                                                                          
Section 5.8(iii)      Servicing Fee                                                 374,877.69
Section 5.8(iii)      Servicing Fee per $1000                                       0.31236763

Section 5.8(iv)       Administration Fee                                              1,000.00
Section 5.8(iv)       Administration Fee per $1000                                  0.00083325

Section 5.8(vi)       Pool Balance at the end of the Collection Period          424,777,246.64

Section 5.8(vii)      Repurchase Amounts for Repurchased Receivable
                      By Seller                                                           0.00
                      By Servicer                                                    59,577.76
                      TOTAL                                                          59,577.76

Section 5.8(viii)     Realized Net Losses for Collection Period                     419,244.13

Section 5.8(ix)       Reserve Account Balance after Disbursement                  9,557,488.05

Section 5.8(x)        Specified Reserve Account Balance                           9,557,488.05

Section 5.8(xi)       Total Distribution Amount                                  27,679,592.68
                      Servicing Fee                                                 374,877.69
                      Administration Fee                                              1,000.00
                      Noteholders Distribution Amount                            25,471,054.27
                      Certficateholders Distribution Amount                       1,432,614.49
                      Deposit to Reserve Account                                    400,046.23



                  Copyright(C)2001 J.P. Morgan Chase & Co. All rights reserved.




                                                                         Page 1
Chase Manhattan Auto Owner Trust 2001-B

                                                Statement to Certificateholders
                                                August 15 2003




        DISTRIBUTION IN DOLLARS
                 ORIGINAL          PRIOR                                                                                CURRENT
                  FACE           PRINCIPAL                                                   REALIZED  DEFERRED        PRINCIPAL
CLASS             VALUE           BALANCE        PRINCIPAL       INTEREST            TOTAL    LOSES    INTEREST         BALANCE
                                                                                           
A1           280,000,000.00             0.00            0.00           0.00            0.00    0.00      0.00               0.00
A2           300,000,000.00             0.00            0.00           0.00            0.00    0.00      0.00               0.00
A3           365,000,000.00   246,530,658.76   29,507,298.67     634,816.45   30,142,115.12    0.00      0.00     217,023,360.09
A4           322,380,000.00   322,380,000.00            0.00   1,020,870.00    1,020,870.00    0.00      0.00     322,380,000.00
B             32,503,047.00    26,901,175.30    1,395,264.80      84,066.17    1,479,330.97    0.00      0.00      25,505,910.50
TOTALS     1,299,883,047.00   595,811,834.06   30,902,563.47   1,739,752.62   32,642,316.09    0.00      0.00     564,909,270.59






    FACTOR INFORMATION PER $1000 OF ORIGINAL FACE                                                              PASS-THROUGH RATES
                         PRIOR                                                      CURRENT                             CURRENT
                        PRINCIPAL                                                  PRINCIPAL     CLASS                PASS THRU
CLASS      CUSIP         FACTOR           PRINCIPAL    INTEREST        TOTAL         FACTOR                                RATE
                                                                                     
A1        161581BV4       0.00000000     0.00000000   0.00000000    0.00000000      0.00000000    A1                 2.180000 %
A2        161581BW2       0.00000000     0.00000000   0.00000000    0.00000000      0.00000000    A2                 2.440000 %
A3        161581BX0     675.42646236    80.84191416   1.73922315   82.58113732    594.58454819    A3                 3.090000 %
A4        161581BY8   1,000.00000000     0.00000000   3.16666667    3.16666667  1,000.00000000    A4                 3.800000 %
B         161581BZ5     827.65087532    42.92720003   2.58640890   45.51360892    784.72367529     B                 3.750000 %
TOTALS                  458.35803108    23.77334141   1.33839165   25.11173306    434.58468967



IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Kelly M Crosson
JPMorgan Chase Bank  - Structured Finance Services
4 NY Plaza, 6th floor,
New York, New York 10004
Tel: (212) 623-5439
Fax: (212) 623-5932
                  Copyright(C)2001 J.P. Morgan Chase & Co. All rights reserved.




                                                                         Page 2

Chase Manhattan Auto Owner Trust 2001-B

                                         August 15 2003
                         STATEMENT TO CERTIFICATEHOLDERS

                                         Due Period                          21
                                         Due Period Beginning Date     07/01/03
                                         Due Period End Date           07/31/03
                                         Determination Date            08/08/03




                                                                          
Section 5.8(iii)      Servicing Fee                                                 496,509.87
Section 5.8(iii)      Servicing Fee per $1000                                       0.38196503

Section 5.8(iv)       Administration Fee                                              1,000.00
Section 5.8(iv)       Administration Fee per $1000                                  0.00076930

Section 5.8(vi)       Pool Balance at the end of the Collection Period          564,909,276.46

Section 5.8(vii)      Repurchase Amounts for Repurchased Receivable
                      By Seller                                                           0.00
                      By Servicer                                                    50,414.00
                      TOTAL                                                          50,414.00

Section 5.8(viii)     Realized Net Losses for Collection Period                     450,350.66

Section 5.8(ix)       Reserve Account Balance after Disbursement                  9,885,912.34

Section 5.8(x)        Specified Reserve Account Balance                           9,885,912.34

Section 5.8(xi)       Total Distribution Amount                                  34,323,079.51
                      Servicing Fee                                                 496,509.87
                      Administration Fee                                              1,000.00
                      Noteholders Distribution Amount                            31,162,985.12
                      Certficateholders Distribution Amount                       1,479,330.97
                      Deposit to Reserve Account                                  1,183,253.55



                  Copyright(C)2001 J.P. Morgan Chase & Co. All rights reserved.





                                                                          Page 1

Chase Manhattan Auto Owner Trust 2002-A
                                                 Statement to Certificateholders
                                                 August 15 2003




        DISTRIBUTION IN DOLLARS
                 ORIGINAL          PRIOR                                                                                CURRENT
                  FACE           PRINCIPAL                                                   REALIZED  DEFERRED        PRINCIPAL
CLASS             VALUE           BALANCE           PRINCIPAL       INTEREST         TOTAL    LOSES    INTEREST         BALANCE
                                                                                             
A1           445,000,000.00               0.00            0.00           0.00            0.00   0.00    0.00                  0.00
A2           460,000,000.00       1,149,007.63    1,149,007.63       2,518.24    1,151,525.87   0.00    0.00                  0.00
A3           570,000,000.00     570,000,000.00   51,291,049.95   1,657,750.00   52,948,799.95   0.00    0.00        518,708,950.05
A4           498,400,000.00     498,400,000.00            0.00   1,761,013.33    1,761,013.33   0.00    0.00        498,400,000.00
R             50,600,000.00      50,600,000.00    2,483,589.40     175,835.00    2,659,424.40   0.00    0.00         48,116,410.60
TOTALS     2,024,000,000.00   1,120,149,007.63   54,923,646.98   3,597,116.57   58,520,763.55   0.00    0.00      1,065,225,360.65






    FACTOR INFORMATION PER $1000 OF ORIGINAL FACE                                                              PASS-THROUGH RATES
                           PRIOR                                                    CURRENT                           CURRENT
                          PRINCIPAL                                                PRINCIPAL     CLASS              PASS THRU
CLASS      CUSIP           FACTOR        PRINCIPAL      INTEREST        TOTAL        FACTOR                              RATE
                                                                                    
A1        161581CA9       0.00000000      0.00000000    0.00000000    0.00000000      0.00000000   A1              1.942500 %
A2        161581CB7       2.49784267      2.49784267    0.00547443    2.50331711      0.00000000   A2              2.630000 %
A3        161581CC5   1,000.00000000     89.98429816    2.90833333   92.89263149    910.01570184   A3              3.490000 %
A4        161581CD3   1,000.00000000      0.00000000    3.53333333    3.53333333  1,000.00000000   A4              4.240000 %
R         161581CE1   1,000.00000000     49.08279447    3.47500000   52.55779447    950.91720553    R              4.170000 %
TOTALS                  553.43330417     27.13618922    1.77723151   28.91342073    526.29711495



IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Kelly M Crosson
JPMorgan Chase Bank  - Structured Finance Services
4 NY Plaza, 6th floor,
New York, New York 10004
Tel: (212) 623-5439
Fax: (212) 623-5932
                  Copyright(C)2001 J.P. Morgan Chase & Co. All rights reserved.




                                                                         Page 2

Chase Manhattan Auto Owner Trust 2002-A

                                      August 15 2003
                         STATEMENT TO CERTIFICATEHOLDERS

                                      Due Period                             17
                                      Due Period Beginning Date        07/01/03
                                      Due Period End Date              07/31/03
                                      Determination Date               08/08/03



                                                                          
Section 5.8(iii)        Servicing Fee                                                 933,457.51
Section 5.8(iii)        Servicing Fee per $1000                                       0.46119442

Section 5.8(iv)         Administration Fee                                              1,000.00
Section 5.8(iv)         Administration Fee per $1000                                  0.00049407

Section 5.8(vi)         Pool Balance at the end of the Collection Period        1,065,225,360.72

Section 5.8(vii)        Repurchase Amounts for Repurchased Receivable
                        By Seller                                                           0.00
                        By Servicer                                                   122,641.89
                        TOTAL                                                         122,641.89

Section 5.8(viii)       Realized Net Losses for Collection Period                     574,521.45

Section 5.8(ix)         Reserve Account Balance after Disbursement                 21,304,507.21

Section 5.8(x)          Specified Reserve Account Balance                          21,304,507.21

Section 5.8(xi)         Total Distribution Amount                                  61,064,545.38
                        Servicing Fee                                                 933,457.51
                        Administration Fee                                              1,000.00
                        Noteholders Distribution Amount                            55,861,339.15
                        Certficateholders Distribution Amount                       2,659,424.40
                        Deposit to Reserve Account                                  1,609,324.32




                  Copyright(C)2001 J.P. Morgan Chase & Co. All rights reserved.




                                                                         Page 1

Chase Manhattan Auto Owner Trust 2002-B
                                                Statement to Certificateholders
                                                August 15 2003




        DISTRIBUTION IN DOLLARS
                 ORIGINAL          PRIOR                                                                                CURRENT
                  FACE           PRINCIPAL                                                   REALIZED  DEFERRED        PRINCIPAL
CLASS             VALUE           BALANCE        PRINCIPAL       INTEREST            TOTAL    LOSES    INTEREST         BALANCE
                                                                                           
A1           288,000,000.00             0.00           0.00            0.00            0.00    0.00      0.00               0.00
A2           335,000,000.00   110,092,191.59  38,087,791.63      247,707.43   38,335,499.06    0.00      0.00      72,004,399.96
A3           365,000,000.00   365,000,000.00           0.00    1,088,916.67    1,088,916.67    0.00      0.00     365,000,000.00
A4           345,800,000.00   345,800,000.00           0.00    1,213,181.67    1,213,181.67    0.00      0.00     345,800,000.00
CERT          34,200,000.00    34,200,000.00           0.00      120,840.00      120,840.00    0.00      0.00      34,200,000.00
TOTALS     1,368,000,000.00   855,092,191.59  38,087,791.63    2,670,645.77   40,758,437.40    0.00      0.00     817,004,399.96






    FACTOR INFORMATION PER $1000 OF ORIGINAL FACE                                                              PASS-THROUGH RATES
                           PRIOR                                                      CURRENT                             CURRENT
                          PRINCIPAL                                                  PRINCIPAL     CLASS                PASS THRU
CLASS      CUSIP           FACTOR           PRINCIPAL    INTEREST        TOTAL         FACTOR                                RATE
                                                                                       
A1         161581CL5        0.00000000     0.00000000   0.00000000     0.00000000      0.00000000    A1                1.929100 %
A2         161581CM3      328.63340773   113.69490039   0.73942516   114.43432555    214.93850734    A2                2.700000 %
A3         161581CN1    1,000.00000000     0.00000000   2.98333334     2.98333334  1,000.00000000    A3                3.580000 %
A4         161581CP6    1,000.00000000     0.00000000   3.50833334     3.50833334  1,000.00000000    A4                4.210000 %
CERT       161581CQ4    1,000.00000000     0.00000000   3.53333333     3.53333333  1,000.00000000   CERT               4.240000 %
TOTALS                    625.06739151    27.84195295   1.95222644    29.79417939    597.22543857




IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Kelly M Crosson
JPMorgan Chase Bank  - Structured Finance Services
4 NY Plaza, 6th floor,
New York, New York 10004
Tel: (212) 623-5439
Fax: (212) 623-5932
                  Copyright(C)2001 J.P. Morgan Chase & Co. All rights reserved.




                                                                         Page 2

Chase Manhattan Auto Owner Trust 2002-B


                                           August 15 2003
                         STATEMENT TO CERTIFICATEHOLDERS

                                           Due Period                        14
                                           Due Period Beginning Date   07/01/03
                                           Due Period End Date         07/31/03
                                           Determination Date          08/08/03




                                                                          
Section 5.8(iii)      Servicing Fee                                                 712,576.83
Section 5.8(iii)      Servicing Fee per $1000                                       0.52088950

Section 5.8(iv)       Administration Fee                                              1,000.00
Section 5.8(iv)       Administration Fee per $1000                                  0.00073099

Section 5.8(vi)       Pool Balance at the end of the Collection Period          817,004,399.96

Section 5.8(vii)      Repurchase Amounts for Repurchased Receivable
                      By Seller                                                           0.00
                      By Servicer                                                    89,771.32
                      TOTAL                                                          89,771.32

Section 5.8(viii)     Realized Net Losses for Collection Period                     421,814.42

Section 5.8(ix)       Reserve Account Balance after Disbursement                 14,297,577.00

Section 5.8(x)        Specified Reserve Account Balance                          14,297,577.00

Section 5.8(xi)       Yield Supplement Account Balance                            3,481,394.34

Section 5.8(xii)      Total Distribution Amount                                  42,952,801.18
                      Servicing Fee                                                 712,576.83
                      Administration Fee                                              1,000.00
                      Noteholders Distribution Amount                            40,637,597.40
                      Certficateholders Distribution Amount                         120,840.00
                      Deposit to Reserve Account                                  1,480,786.95



                  Copyright(C)2001 J.P. Morgan Chase & Co. All rights reserved.




                                                                         Page 1

Chase Manhattan Auto Owner Trust 2003-A
                                                Statement to Certificateholders
                                                August 15 2003




        DISTRIBUTION IN DOLLARS
                 ORIGINAL          PRIOR                                                                                CURRENT
                  FACE           PRINCIPAL                                                   REALIZED  DEFERRED        PRINCIPAL
CLASS             VALUE           BALANCE        PRINCIPAL       INTEREST            TOTAL    LOSES    INTEREST         BALANCE
                                                                                            
A1           404,000,000.00     321,182,004.54  59,840,602.94    331,888.07    60,172,491.01    0.00      0.00       261,341,401.60
A2           518,000,000.00     518,000,000.00           0.00    543,900.00       543,900.00    0.00      0.00       518,000,000.00
A3           520,000,000.00     520,000,000.00           0.00    658,666.67       658,666.67    0.00      0.00       520,000,000.00
A4           517,700,000.00     517,700,000.00           0.00    888,718.33       888,718.33    0.00      0.00       517,700,000.00
CERT          50,300,000.00      50,300,000.00           0.00     85,510.00        85,510.00    0.00      0.00        50,300,000.00
TOTALS     2,010,000,000.00   1,927,182,004.54  59,840,602.94  2,508,683.07    62,349,286.01    0.00      0.00     1,867,341,401.60






    FACTOR INFORMATION PER $1000 OF ORIGINAL FACE                                                              PASS-THROUGH RATES
                           PRIOR                                                        CURRENT                           CURRENT
                          PRINCIPAL                                                    PRINCIPAL     CLASS              PASS THRU
CLASS      CUSIP           FACTOR           PRINCIPAL    INTEREST        TOTAL           FACTOR                              RATE
                                                                                       
A1         161581CR2      795.00496173   148.12030431    0.82150512  148.94180943      646.88465743   A1               1.200000 %
A2         161581CS0    1,000.00000000     0.00000000    1.05000000    1.05000000    1,000.00000000   A2               1.260000 %
A3         161581CT8    1,000.00000000     0.00000000    1.26666667    1.26666667    1,000.00000000   A3               1.520000 %
A4         161581CU5    1,000.00000000     0.00000000    1.71666666    1.71666666    1,000.00000000   A4               2.060000 %
CERT       161581CV3    1,000.00000000     0.00000000    1.70000000    1.70000000    1,000.00000000   CERT             2.040000 %
TOTALS                    958.79701718    29.77144425    1.24810103   31.01954528      929.02557294



IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Kelly M Crosson
JPMorgan Chase Bank  - Structured Finance Services
4 NY Plaza, 6th floor,
New York, New York 10004
Tel: (212) 623-5439
Fax: (212) 623-5932
                  Copyright(C)2001 J.P. Morgan Chase & Co. All rights reserved.




                                                                         Page 2

Chase Manhattan Auto Owner Trust 2003-A

                                   August 15 2003
                         STATEMENT TO CERTIFICATEHOLDERS

                                    Due Period                               2
                                    Due Period Beginning Date         07/01/03
                                    Due Period End Date               07/31/03
                                    Determination Date                08/08/03




                                                                          
Section 5.8(iii)      Servicing Fee                                                 1,605,985.00
Section 5.8(iii)      Servicing Fee per $1000                                         0.79899751

Section 5.8(iv)       Administration Fee                                                1,000.00
Section 5.8(iv)       Administration Fee per $1000                                    0.00049751

Section 5.8(vi)       Pool Balance at the end of the Collection Period          1,867,341,405.22

Section 5.8(vii)      Repurchase Amounts for Repurchased Receivable
                      By Seller                                                             0.00
                      By Servicer                                                           0.00
                      TOTAL                                                                 0.00

Section 5.8(viii)     Realized Net Losses for Collection Period                         2,887.32

Section 5.8(ix)       Reserve Account Balance after Disbursement                   25,548,786.36

Section 5.8(x)        Specified Reserve Account Balance                            32,678,474.59

Section 5.8(xi)       Yield Supplement Account Balance                              3,661,571.80

Section 5.8(xii)      Total Distribution Amount                                    68,510,544.57
                      Servicing Fee                                                 1,605,985.00
                      Administration Fee                                                1,000.00
                      Noteholders Distribution Amount                              62,263,776.01
                      Certficateholders Distribution Amount                            85,510.00
                      Deposit to Reserve Account                                    4,554,273.56



                  Copyright(C)2001 J.P. Morgan Chase & Co. All rights reserved.