Fitch Affirms 3 Chase Manhattan Auto Owner Trust Transactions

NEW YORK--June 27, 2006--Fitch has affirmed the following Chase Manhattan Auto Owner Trust transactions listed below:

Series 2003-C

-- Class A-3 'AAA';

-- Class A-4 'AAA';

-- Certificates 'AA';

Series 2004-A

-- Class A-3 'AAA';

-- Class A-4 'AAA';

-- Certificates 'AA';

Series 2005-A

-- Class A-2 'AAA';

-- Class A-3 'AAA';

-- Class A-4 'AAA';

-- Certificates 'A+'.

The affirmations are a result of continued available credit enhancement in excess of stressed remaining losses. Current principal allocation and expected future cash flows are also contributing factors.

The collateral continues to perform within Fitch's base case expectations. Currently, under the credit enhancement structure, the securities can withstand stress scenarios consistent with the current rating categories and still make full payments of interest and principal in accordance with the terms of the documents.

As before, the ratings reflect the quality of Chase Manhattan Bank USA, NA's (Chase) retail auto loan originations, the sound financial and legal structure of the transaction, and servicing provided by Chase.

Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.