Fitch Ratings Affirms 17 Classes from 2 Chase Funding Issues.

Business Editors

NEW YORK--(BUSINESS WIRE)--June 20, 2003

Fitch Ratings has taken rating action on the following Chase Funding issues:

Series 1998-1 Group 1

-- Classes IA-4, IA-5, IA-6 affirmed at 'AAA';

-- Class IM-1 affirmed at 'AA';

-- Class IM-2 affirmed at 'A';

-- Class IB affirmed at 'BBB'.

Series 1998-1 Group 2

-- Class IIA-1 affirmed at 'AAA';

-- Class IIM-1 affirmed at 'AA';

-- Class IIM-2 affirmed at 'A';

-- Class IIB affirmed at 'BBB'.

Series 1998-2

-- Classes IA-3, IA-4, IA-5, IA-6 affirmed at 'AAA';

-- Class IM-1 affirmed at 'AA';

-- Class IM-2 affirmed at 'A';

-- Class IB affirmed at 'BBB'.

The affirmations on these classes reflect credit enhancement consistent with future loss expectations.

Further information regarding current delinquency, loss, and credit enhancement statistics is available on the Fitch ratings web site at 'www.fitchratings.com'.