CHASE MANHATTAN BANK USA, N.A. NOTEHOLDERS STATEMENT CHASE CREDIT CARD OWNER TRUST 2002-7 Section 7.3 Indenture Distribution Date: 11/15/2004 - ------------------------------------------------------------------------------- (i) Amount of the distribution allocable to principal of the Notes Class A Principal Payment 0.00 Class B Principal Payment 0.00 Class C Principal Payment 0.00 Total Amount of the distribution allocable to the principal on the Notes per $1,000 of the initial principal balance of the Notes Class A Principal Payment 0.00 Class B Principal Payment 0.00 Class C Principal Payment 0.00 Total (ii) Amount of the distribution allocable to the interest on the Notes Class A Note Interest Requirement 1,079,575.00 Class B Note Interest Requirement 103,979.17 Class C Note Interest Requirement 181,350.00 Total 1,364,904.17 Amount of the distribution allocable to the interest on the Notes per $1,000 of the initial principal balance of the Notes Class A Note Interest Requirement 1.71361 Class B Note Interest Requirement 1.98056 Class C Note Interest Requirement 2.68667 (iii) Aggregate Outstanding Principal Balance of the Notes Class A Note Principal Balance 630,000,000 Class B Note Principal Balance 52,500,000 Class C Note Principal Balance 67,500,000 (iv) Amount on deposit in Owner Trust Spread Account 7,500,000.00 (v) Required Owner Trust Spread Account Amount 7,500,000.00 By: ------------------------ Name: Patricia M. Garvey Title: Vice President