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|------------------------------------------------- | ------ | --------- | ------------- | ----- | -------------- |  | ----------------------- |  | --------------- |  | --------- |  |  |  | -------------- | 
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|                                                  |        |           |               |       |               
|Morgan Stanley ABS Capital I Inc. Series 2005-NC2
|                                                  |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|2005 Annual Statement                            
|                                                  |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                                                  |        |           |               |       |                |  | DISTRIBUTION IN DOLLARS |  |                 |  |           |  | 
|                                                  |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  | ENDING BALANCE | 
|PERIOD                                            |        | CLASS     |               | CUSIP |                |  | INTEREST                |  |                 |  | PRINCIPAL |  | 
|200506                                            | REMIC1 | MS05C2R01 | $0.00         |       | $0.00          |  | $1,500,655,452.00       | 
|200507                                            | REMIC1 | MS05C2R01 | $0.00         |       | $0.00          |  | $1,500,655,452.00       | 
|200508                                            | REMIC1 | MS05C2R01 | $0.00         |       | $0.00          |  | $1,500,655,452.00       | 
|200509                                            | REMIC1 | MS05C2R01 | $0.00         |       | $0.00          |  | $1,500,655,452.00       | 
|200510                                            | REMIC1 | MS05C2R01 | $0.00         |       | $0.00          |  | $1,500,655,452.00       | 
|200511                                            | REMIC1 | MS05C2R01 | $0.00         |       | $0.00          |  | $1,500,655,452.00       | 
|200512                                            | REMIC1 | MS05C2R01 | $0.00         |       | $0.00          |  | $1,500,655,452.00       | 
|                                                  |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                                                  |        |           |               |       |                |  | $0.00                   |  | $0.00           |  |           |  | 
|200505                                            | A-1mz  | 61744CPA8 | $163,924.26   |       | $808,723.79    |  | $67,672,276.21          | 
|200506                                            | A-1mz  | 61744CPA8 | $207,189.95   |       | $2,074,199.57  |  | $65,598,076.64          | 
|200507                                            | A-1mz  | 61744CPA8 | $181,857.26   |       | $3,372,887.70  |  | $62,225,188.94          | 
|200508                                            | A-1mz  | 61744CPA8 | $198,792.19   |       | $2,893,903.79  |  | $59,331,285.15          | 
|200509                                            | A-1mz  | 61744CPA8 | $205,220.32   |       | $2,821,648.48  |  | $56,509,636.67          | 
|200510                                            | A-1mz  | 61744CPA8 | $185,728.34   |       | $2,344,877.63  |  | $54,164,759.04          | 
|200511                                            | A-1mz  | 61744CPA8 | $199,977.04   |       | $3,318,256.97  |  | $50,846,502.07          | 
|200512                                            | A-1mz  | 61744CPA8 | $200,730.69   |       | $3,714,249.19  |  | $47,132,252.88          | 
|                                                  |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                                                  |        |           |               |       |                |  | $1,543,420.05           |  | $21,348,747.12  |  |           |  | 
|200505                                            | A-1ss  | 61744CPR1 | $646,785.08   |       | $3,234,847.93  |  | $270,685,152.07         | 
|200506                                            | A-1ss  | 61744CPR1 | $817,581.94   |       | $8,296,677.12  |  | $262,388,474.95         | 
|200507                                            | A-1ss  | 61744CPR1 | $718,234.81   |       | $13,491,353.81 |  | $248,897,121.14         | 
|200508                                            | A-1ss  | 61744CPR1 | $785,512.40   |       | $11,575,446.14 |  | $237,321,675.00         | 
|200509                                            | A-1ss  | 61744CPR1 | $811,376.44   |       | $11,286,429.09 |  | $226,035,245.91         | 
|200510                                            | A-1ss  | 61744CPR1 | $734,708.73   |       | $9,379,373.54  |  | $216,655,872.37         | 
|200511                                            | A-1ss  | 61744CPR1 | $791,501.07   |       | $13,272,834.04 |  | $203,383,038.33         | 
|200512                                            | A-1ss  | 61744CPR1 | $794,775.72   |       | $14,856,779.80 |  | $188,526,258.53         | 
|                                                  |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                                                  |        |           |               |       |                |  | $6,100,476.19           |  | $85,393,741.47  |  |           |  | 
|200505                                            | A-2mz  | 61744CPB6 | $141,152.82   |       | $980,279.50    |  | $57,987,720.50          | 
|200506                                            | A-2mz  | 61744CPB6 | $177,539.07   |       | $938,369.14    |  | $57,049,351.36          | 
|200507                                            | A-2mz  | 61744CPB6 | $158,157.66   |       | $2,468,761.40  |  | $54,580,589.96          | 
|200508                                            | A-2mz  | 61744CPB6 | $174,369.82   |       | $2,844,347.97  |  | $51,736,241.99          | 
|200509                                            | A-2mz  | 61744CPB6 | $178,949.91   |       | $3,100,440.23  |  | $48,635,801.76          | 
|200510                                            | A-2mz  | 61744CPB6 | $159,849.67   |       | $2,825,374.01  |  | $45,810,427.75          | 
|200511                                            | A-2mz  | 61744CPB6 | $169,132.74   |       | $2,298,671.24  |  | $43,511,756.51          | 
|200512                                            | A-2mz  | 61744CPB6 | $171,774.75   |       | $2,687,773.63  |  | $40,823,982.88          | 
|                                                  |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                                                  |        |           |               |       |                |  | $1,330,926.44           |  | $18,144,017.12  |  |           |  | 
|200505                                            | A-2ss  | 61744CPS9 | $556,940.70   |       | $3,921,084.75  |  | $231,948,915.25         | 
|200506                                            | A-2ss  | 61744CPS9 | $700,582.37   |       | $3,753,444.72  |  | $228,195,470.53         | 
|200507                                            | A-2ss  | 61744CPS9 | $624,638.45   |       | $9,874,961.89  |  | $218,320,508.64         | 
|200508                                            | A-2ss  | 61744CPS9 | $689,013.46   |       | $11,377,295.39 |  | $206,943,213.25         | 
|200509                                            | A-2ss  | 61744CPS9 | $707,515.85   |       | $12,401,655.78 |  | $194,541,557.47         | 
|200510                                            | A-2ss  | 61744CPS9 | $632,341.12   |       | $11,301,400.22 |  | $183,240,157.25         | 
|200511                                            | A-2ss  | 61744CPS9 | $669,424.65   |       | $9,194,607.01  |  | $174,045,550.24         | 
|200512                                            | A-2ss  | 61744CPS9 | $680,131.33   |       | $10,751,003.36 |  | $163,294,546.88         | 
|                                                  |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                                                  |        |           |               |       |                |  | $5,260,587.93           |  | $72,575,453.12  |  |           |  | 
|200505                                            | A-3a   | 61744CPC4 | $715,346.45   |       | $19,163,359.07 |  | $295,836,640.93         | 
|200506                                            | A-3a   | 61744CPC4 | $859,651.97   |       | $13,746,097.48 |  | $282,090,543.45         | 
|200507                                            | A-3a   | 61744CPC4 | $744,739.72   |       | $20,895,196.47 |  | $261,195,346.98         | 
|200508                                            | A-3a   | 61744CPC4 | $796,210.48   |       | $17,208,205.65 |  | $243,987,141.33         | 
|200509                                            | A-3a   | 61744CPC4 | $807,055.24   |       | $25,486,702.31 |  | $218,500,439.02         | 
|200510                                            | A-3a   | 61744CPC4 | $688,215.69   |       | $17,922,070.10 |  | $200,578,368.92         | 
|200511                                            | A-3a   | 61744CPC4 | $711,175.68   |       | $22,599,965.46 |  | $177,978,403.46         | 
|200512                                            | A-3a   | 61744CPC4 | $675,724.67   |       | $17,228,698.74 |  | $160,749,704.72         | 
|                                                  |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                                                  |        |           |               |       |                |  | $5,998,119.90           |  | $154,250,295.28 |  |           |  | 
|200505                                            | A-3b   | 61744CPD2 | $256,777.90   |       | $0.00          |  | $109,586,000.00         | 
|200506                                            | A-3b   | 61744CPD2 | $328,484.04   |       | $0.00          |  | $109,586,000.00         | 
|200507                                            | A-3b   | 61744CPD2 | $297,838.43   |       | $0.00          |  | $109,586,000.00         | 
|200508                                            | A-3b   | 61744CPD2 | $343,491.23   |       | $0.00          |  | $109,586,000.00         | 
|200509                                            | A-3b   | 61744CPD2 | $372,227.11   |       | $0.00          |  | $109,586,000.00         | 
|200510                                            | A-3b   | 61744CPD2 | $353,993.22   |       | $0.00          |  | $109,586,000.00         | 
|200511                                            | A-3b   | 61744CPD2 | $397,987.43   |       | $0.00          |  | $109,586,000.00         | 
|200512                                            | A-3b   | 61744CPD2 | $425,802.49   |       | $0.00          |  | $109,586,000.00         | 
|                                                  |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                                                  |        |           |               |       |                |  | $2,776,601.85           |  | $0.00           |  |           |  | 
|200505                                            | A-3c   | 61744CPE0 | $226,095.39   |       | $0.00          |  | $92,500,000.00          | 
|200506                                            | A-3c   | 61744CPE0 | $289,139.58   |       | $0.00          |  | $92,500,000.00          | 
|200507                                            | A-3c   | 61744CPE0 | $261,473.45   |       | $0.00          |  | $92,500,000.00          | 
|200508                                            | A-3c   | 61744CPE0 | $301,087.50   |       | $0.00          |  | $92,500,000.00          | 
|200509                                            | A-3c   | 61744CPE0 | $325,702.78   |       | $0.00          |  | $92,500,000.00          | 
|200510                                            | A-3c   | 61744CPE0 | $309,232.64   |       | $0.00          |  | $92,500,000.00          | 
|200511                                            | A-3c   | 61744CPE0 | $347,086.98   |       | $0.00          |  | $92,500,000.00          | 
|200512                                            | A-3c   | 61744CPE0 | $370,925.00   |       | $0.00          |  | $92,500,000.00          | 
|                                                  |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                                                  |        |           |               |       |                |  | $2,430,743.32           |  | $0.00           |  |           |  | 
|200505                                            | A-3mz  | 61744CPF7 | $137,943.67   |       | $2,129,262.12  |  | $55,324,737.88          | 
|200506                                            | A-3mz  | 61744CPF7 | $169,893.05   |       | $1,527,344.16  |  | $53,797,393.72          | 
|200507                                            | A-3mz  | 61744CPF7 | $149,560.70   |       | $2,321,688.50  |  | $51,475,705.22          | 
|200508                                            | A-3mz  | 61744CPF7 | $164,893.84   |       | $1,912,022.85  |  | $49,563,682.37          | 
|200509                                            | A-3mz  | 61744CPF7 | $171,875.84   |       | $2,831,855.81  |  | $46,731,826.56          | 
|200510                                            | A-3mz  | 61744CPF7 | $153,968.39   |       | $1,991,341.12  |  | $44,740,485.44          | 
|200511                                            | A-3mz  | 61744CPF7 | $165,567.76   |       | $2,511,107.27  |  | $42,229,378.17          | 
|200512                                            | A-3mz  | 61744CPF7 | $167,087.57   |       | $1,914,299.86  |  | $40,315,078.31          | 
|                                                  |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                                                  |        |           |               |       |                |  | $1,280,790.82           |  | $17,138,921.69  |  |           |  | 
|200505                                            | B-1    | 61744CPN0 | $57,365.03    |       | $0.00          |  | $18,758,000.00          | 
|200506                                            | B-1    | 61744CPN0 | $73,249.99    |       | $0.00          |  | $18,758,000.00          | 
|200507                                            | B-1    | 61744CPN0 | $65,425.11    |       | $0.00          |  | $18,758,000.00          | 
|200508                                            | B-1    | 61744CPN0 | $74,787.10    |       | $0.00          |  | $18,758,000.00          | 
|200509                                            | B-1    | 61744CPN0 | $80,221.71    |       | $0.00          |  | $18,758,000.00          | 
|200510                                            | B-1    | 61744CPN0 | $75,553.06    |       | $0.00          |  | $18,758,000.00          | 
|200511                                            | B-1    | 61744CPN0 | $84,115.30    |       | $0.00          |  | $18,758,000.00          | 
|200512                                            | B-1    | 61744CPN0 | $89,392.29    |       | $0.00          |  | $18,758,000.00          | 
|                                                  |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                                                  |        |           |               |       |                |  | $600,109.59             |  | $0.00           |  |           |  | 
|200505                                            | B-2    | 61744CPP5 | $54,398.12    |       | $0.00          |  | $17,258,000.00          | 
|200506                                            | B-2    | 61744CPP5 | $69,449.07    |       | $0.00          |  | $17,258,000.00          | 
|200507                                            | B-2    | 61744CPP5 | $61,938.31    |       | $0.00          |  | $17,258,000.00          | 
|200508                                            | B-2    | 61744CPP5 | $70,738.62    |       | $0.00          |  | $17,258,000.00          | 
|200509                                            | B-2    | 61744CPP5 | $75,800.97    |       | $0.00          |  | $17,258,000.00          | 
|200510                                            | B-2    | 61744CPP5 | $71,318.69    |       | $0.00          |  | $17,258,000.00          | 
|200511                                            | B-2    | 61744CPP5 | $79,320.88    |       | $0.00          |  | $17,258,000.00          | 
|200512                                            | B-2    | 61744CPP5 | $84,238.22    |       | $0.00          |  | $17,258,000.00          | 
|                                                  |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                                                  |        |           |               |       |                |  | $567,202.88             |  | $0.00           |  |           |  | 
|200505                                            | B-3    | 61744CPQ3 | $57,395.70    |       | $0.00          |  | $16,507,000.00          | 
|200506                                            | B-3    | 61744CPQ3 | $73,236.06    |       | $0.00          |  | $16,507,000.00          | 
|200507                                            | B-3    | 61744CPQ3 | $65,020.45    |       | $0.00          |  | $16,507,000.00          | 
|200508                                            | B-3    | 61744CPQ3 | $74,056.82    |       | $0.00          |  | $16,507,000.00          | 
|200509                                            | B-3    | 61744CPQ3 | $79,105.21    |       | $0.00          |  | $16,507,000.00          | 
|200510                                            | B-3    | 61744CPQ3 | $74,198.97    |       | $0.00          |  | $16,507,000.00          | 
|200511                                            | B-3    | 61744CPQ3 | $82,265.61    |       | $0.00          |  | $16,507,000.00          | 
|200512                                            | B-3    | 61744CPQ3 | $87,175.30    |       | $0.00          |  | $16,507,000.00          | 
|                                                  |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                                                  |        |           |               |       |                |  | $592,454.12             |  | $0.00           |  |           |  | 
|200505                                            | M-1    | 61744CPG5 | $121,675.35   |       | $0.00          |  | $48,771,000.00          | 
|200506                                            | M-1    | 61744CPG5 | $155,579.49   |       | $0.00          |  | $48,771,000.00          | 
|200507                                            | M-1    | 61744CPG5 | $140,518.25   |       | $0.00          |  | $48,771,000.00          | 
|200508                                            | M-1    | 61744CPG5 | $161,689.41   |       | $0.00          |  | $48,771,000.00          | 
|200509                                            | M-1    | 61744CPG5 | $174,762.75   |       | $0.00          |  | $48,771,000.00          | 
|200510                                            | M-1    | 61744CPG5 | $165,794.31   |       | $0.00          |  | $48,771,000.00          | 
|200511                                            | M-1    | 61744CPG5 | $185,942.82   |       | $0.00          |  | $48,771,000.00          | 
|200512                                            | M-1    | 61744CPG5 | $198,606.35   |       | $0.00          |  | $48,771,000.00          | 
|                                                  |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                                                  |        |           |               |       |                |  | $1,304,568.73           |  | $0.00           |  |           |  | 
|200505                                            | M-2    | 61744CPH3 | $111,402.79   |       | $0.00          |  | $44,269,000.00          | 
|200506                                            | M-2    | 61744CPH3 | $142,435.51   |       | $0.00          |  | $44,269,000.00          | 
|200507                                            | M-2    | 61744CPH3 | $128,580.10   |       | $0.00          |  | $44,269,000.00          | 
|200508                                            | M-2    | 61744CPH3 | $147,907.65   |       | $0.00          |  | $44,269,000.00          | 
|200509                                            | M-2    | 61744CPH3 | $159,811.09   |       | $0.00          |  | $44,269,000.00          | 
|200510                                            | M-2    | 61744CPH3 | $151,559.84   |       | $0.00          |  | $44,269,000.00          | 
|200511                                            | M-2    | 61744CPH3 | $169,922.25   |       | $0.00          |  | $44,269,000.00          | 
|200512                                            | M-2    | 61744CPH3 | $181,453.71   |       | $0.00          |  | $44,269,000.00          | 
|                                                  |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                                                  |        |           |               |       |                |  | $1,193,072.94           |  | $0.00           |  |           |  | 
|200505                                            | M-3    | 61744CPJ9 | $62,847.46    |       | $0.00          |  | $24,761,000.00          | 
|200506                                            | M-3    | 61744CPJ9 | $80,349.45    |       | $0.00          |  | $24,761,000.00          | 
|200507                                            | M-3    | 61744CPJ9 | $72,496.52    |       | $0.00          |  | $24,761,000.00          | 
|200508                                            | M-3    | 61744CPJ9 | $83,368.91    |       | $0.00          |  | $24,761,000.00          | 
|200509                                            | M-3    | 61744CPJ9 | $90,047.50    |       | $0.00          |  | $24,761,000.00          | 
|200510                                            | M-3    | 61744CPJ9 | $85,370.43    |       | $0.00          |  | $24,761,000.00          | 
|200511                                            | M-3    | 61744CPJ9 | $95,682.35    |       | $0.00          |  | $24,761,000.00          | 
|200512                                            | M-3    | 61744CPJ9 | $102,152.88   |       | $0.00          |  | $24,761,000.00          | 
|                                                  |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                                                  |        |           |               |       |                |  | $672,315.50             |  | $0.00           |  |           |  | 
|200505                                            | M-4    | 61744CPK6 | $71,682.25    |       | $0.00          |  | $27,012,000.00          | 
|200506                                            | M-4    | 61744CPK6 | $91,615.70    |       | $0.00          |  | $27,012,000.00          | 
|200507                                            | M-4    | 61744CPK6 | $82,448.61    |       | $0.00          |  | $27,012,000.00          | 
|200508                                            | M-4    | 61744CPK6 | $94,669.56    |       | $0.00          |  | $27,012,000.00          | 
|200509                                            | M-4    | 61744CPK6 | $102,075.35   |       | $0.00          |  | $27,012,000.00          | 
|200510                                            | M-4    | 61744CPK6 | $96,612.92    |       | $0.00          |  | $27,012,000.00          | 
|200511                                            | M-4    | 61744CPK6 | $108,102.40   |       | $0.00          |  | $27,012,000.00          | 
|200512                                            | M-4    | 61744CPK6 | $115,281.21   |       | $0.00          |  | $27,012,000.00          | 
|                                                  |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                                                  |        |           |               |       |                |  | $762,488.00             |  | $0.00           |  |           |  | 
|200505                                            | M-5    | 61744CPL4 | $62,229.47    |       | $0.00          |  | $23,260,000.00          | 
|200506                                            | M-5    | 61744CPL4 | $79,529.82    |       | $0.00          |  | $23,260,000.00          | 
|200507                                            | M-5    | 61744CPL4 | $71,539.13    |       | $0.00          |  | $23,260,000.00          | 
|200508                                            | M-5    | 61744CPL4 | $82,120.72    |       | $0.00          |  | $23,260,000.00          | 
|200509                                            | M-5    | 61744CPL4 | $88,517.22    |       | $0.00          |  | $23,260,000.00          | 
|200510                                            | M-5    | 61744CPL4 | $83,755.38    |       | $0.00          |  | $23,260,000.00          | 
|200511                                            | M-5    | 61744CPL4 | $93,687.73    |       | $0.00          |  | $23,260,000.00          | 
|200512                                            | M-5    | 61744CPL4 | $99,888.78    |       | $0.00          |  | $23,260,000.00          | 
|                                                  |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                                                  |        |           |               |       |                |  | $661,268.25             |  | $0.00           |  |           |  | 
|200505                                            | M-6    | 61744CPM2 | $61,035.79    |       | $0.00          |  | $22,510,000.00          | 
|200506                                            | M-6    | 61744CPM2 | $77,997.15    |       | $0.00          |  | $22,510,000.00          | 
|200507                                            | M-6    | 61744CPM2 | $70,107.80    |       | $0.00          |  | $22,510,000.00          | 
|200508                                            | M-6    | 61744CPM2 | $80,441.99    |       | $0.00          |  | $22,510,000.00          | 
|200509                                            | M-6    | 61744CPM2 | $86,663.50    |       | $0.00          |  | $22,510,000.00          | 
|200510                                            | M-6    | 61744CPM2 | $81,961.41    |       | $0.00          |  | $22,510,000.00          | 
|200511                                            | M-6    | 61744CPM2 | $91,636.02    |       | $0.00          |  | $22,510,000.00          | 
|200512                                            | M-6    | 61744CPM2 | $97,668.39    |       | $0.00          |  | $22,510,000.00          | 
|                                                  |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                                                  |        |           |               |       |                |  | $647,512.05             |  | $0.00           |  |           |  | 
|200505                                            | P      | MS05C2102 | $251,547.64   |       | $0.00          |  | $0.00                   | 
|200506                                            | P      | MS05C2102 | $486,395.14   |       | $0.00          |  | $0.00                   | 
|200507                                            | P      | MS05C2102 | $846,005.86   |       | $0.00          |  | $0.00                   | 
|200508                                            | P      | MS05C2102 | $895,572.79   |       | $0.00          |  | $0.00                   | 
|200509                                            | P      | MS05C2102 | $1,122,054.96 |       | $0.00          |  | $0.00                   | 
|200510                                            | P      | MS05C2102 | $887,133.40   |       | $0.00          |  | $0.00                   | 
|200511                                            | P      | MS05C2102 | $1,030,748.00 |       | $0.00          |  | $0.00                   | 
|200512                                            | P      | MS05C2102 | $918,694.07   |       | $0.00          |  | $0.00                   | 
|                                                  |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                                                  |        |           |               |       |                |  | $6,438,151.86           |  | $0.00           |  |           |  | 
|200505                                            | R      | MS05C2103 | $0.00         |       | $0.00          |  | $0.00                   | 
|200506                                            | R      | MS05C2103 | $0.00         |       | $0.00          |  | $0.00                   | 
|200507                                            | R      | MS05C2103 | $0.00         |       | $0.00          |  | $0.00                   | 
|200508                                            | R      | MS05C2103 | $0.00         |       | $0.00          |  | $0.00                   | 
|200509                                            | R      | MS05C2103 | $0.00         |       | $0.00          |  | $0.00                   | 
|200510                                            | R      | MS05C2103 | $0.00         |       | $0.00          |  | $0.00                   | 
|200511                                            | R      | MS05C2103 | $0.00         |       | $0.00          |  | $0.00                   | 
|200512                                            | R      | MS05C2103 | $0.00         |       | $0.00          |  | $0.00                   | 
|                                                  |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                                                  |        |           |               |       |                |  | $0.00                   |  | $0.00           |  |           |  | 
|200505                                            | R-1    | MS05C2R11 | $0.00         |       | $0.00          |  | $0.00                   | 
|200506                                            | R-1    | MS05C2R11 | $0.00         |       | $0.00          |  | $0.00                   | 
|200507                                            | R-1    | MS05C2R11 | $0.00         |       | $0.00          |  | $0.00                   | 
|200508                                            | R-1    | MS05C2R11 | $0.00         |       | $0.00          |  | $0.00                   | 
|200509                                            | R-1    | MS05C2R11 | $0.00         |       | $0.00          |  | $0.00                   | 
|200510                                            | R-1    | MS05C2R11 | $0.00         |       | $0.00          |  | $0.00                   | 
|200511                                            | R-1    | MS05C2R11 | $0.00         |       | $0.00          |  | $0.00                   | 
|200512                                            | R-1    | MS05C2R11 | $0.00         |       | $0.00          |  | $0.00                   | 
|                                                  |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                                                  |        |           |               |       |                |  | $0.00                   |  | $0.00           |  |           |  | 
|200505                                            | X      | MS05C2101 | $4,718,440.74 |       | $460.71        |  | $45,769,991.29          | 
|200506                                            | X      | MS05C2101 | $3,725,770.28 |       | $0.00          |  | $45,769,991.29          | 
|200507                                            | X      | MS05C2101 | $4,049,829.23 |       | $0.00          |  | $45,769,991.29          | 
|200508                                            | X      | MS05C2101 | $3,325,296.88 |       | $0.00          |  | $45,769,991.29          | 
|200509                                            | X      | MS05C2101 | $2,858,371.18 |       | $0.00          |  | $45,769,991.29          | 
|200510                                            | X      | MS05C2101 | $2,899,119.56 |       | $0.00          |  | $45,769,991.29          | 
|200511                                            | X      | MS05C2101 | $2,224,584.23 |       | $0.00          |  | $45,769,991.29          | 
|200512                                            | X      | MS05C2101 | $1,882,432.70 |       | $0.00          |  | $45,769,991.29          | 
|                                                  |        |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                                                  |        |           |               |       |                |  | $25,683,844.80          |  | $460.71         |  |           |  | 
|                                                  |        |           |               |       |                |  | $65,844,655.22          |  | $368,851,636.51 |  |           |  |