**Exhibit 99.1**

 

CAPITALONE MULTI-ASSET EXECUTION TRUST Distributions during 2005

 

**Total Interest paid during 2005 and Interest paymentsdeposited but not yet paid as of December 31, 2005**

 
| **Tranche**       | ** ** | **CUSIP Number** | ** ** | **Total Amount of  Interest** | ** ** | **Per $1000** | ** ** |
|-------------------|------------|-----------------------|------------|-----------------------------------------|------------|--------------------|------------|
| Class A (2002-1)  |       | 14041NAC5             |       | 18,434,815.68                           |       | 36.8696313600      |       |
| Class A (2003-1)  |       | 14041NAJ0             |       | 45,699,557.68                           |       | 38.0829647333      |       |
| Class A (2003-3)  |       | 14041NAS0             |       | 18,333,704.58                           |       | 36.6674091600      |       |
| Class A (2003-4)  |       | 14041NAW1             |       | 27,375,000.00                           |       | 36.5000000000      |       |
| Class A (2003-5)  |       | 14041NAX9             |       | 18,535,926.80                           |       | 37.0718536000      |       |
| Class A (2003-6)  |       | 14041NAY7             |       | 14,750,000.04                           |       | 29.5000000800      |       |
| Class A (2003-7)  |       | 14041NBC4             |       | 26,969,723.55                           |       | 35.9596314000      |       |
| Class A (2004-1)  |       | 14041NBG5             |       | 18,131,482.36                           |       | 36.2629647200      |       |
| Class A (2004-2)  |       | 14041NBK6             |       | 26,287,223.55                           |       | 35.0496314000      |       |
| Class A (2004-3)  |       | 14041NBM2             |       | 17,575,371.25                           |       | 35.1507425000      |       |
| Class A (2004-4)  |       | 14041NBN0             |       | 18,182,037.91                           |       | 36.3640758200      |       |
| Class A (2004-5)  |       | 14041NBP5             |       | 7,131,259.60                            |       | 35.6562980000      |       |
| Class A (2004-6)  |       | 14041NBQ3             |       | 25,937,942.72                           |       | 34.5839236267      |       |
| Class A (2004-7)  |       | 14041NBU4             |       | 17,905,913.61                           |       | 35.8118272200      |       |
| Class A (2004-8)  |       | 14041NBW0             |       | 17,727,037.91                           |       | 35.4540758200      |       |
| Class A (2005-1)  |       | 14041NBY6             |       | 22,030,426.67                           |       | 29.3739022267      |       |
| Class A (2005-2)  |       | 14041NCA7             |       | 14,006,250.00                           |       | 28.0125000000      |       |
| Class A (2005-3)  |       | 14041NCC3             |       | 12,093,750.00                           |       | 24.1875000000      |       |
| Class A (2005-4)  |       | 14041NCD1             |       | 6,848,420.68                            |       | 22.8280689333      |       |
| Class A (2005-5)  |       | 14041NCE9             |       | 10,358,381.25                           |       | 20.7167625000      |       |
| Class A (2005-6)  |       | 14041NCF6             |       | 8,653,912.69                            |       | 19.0195883297      |       |
| Class A (2005-7)  |       | 14041NCH2             |       | 9,595,833.32                            |       | 19.1916666400      |       |
| Class A (2005-8)  |       | 14041NCJ8             |       | 8,494,444.43                            |       | 16.9888888600      |       |
| Class A (2005-9)  |       | 14041NCK5             |       | 3,463,554.80                            |       | 10.6570916923      |       |
| Class A (2005-10) |       | 14041NCL3             |       | 3,787,215.84                            |       | 7.5744316800       |       |
| Class A (2005-11) |       | 14041NCM1             |       | 3,307,354.72                            |       | 6.6147094400       |       |
|              |       |                  |       |                                    |       |               |       |
| Class B (2003-1)  |       | 14041NAK7             |       | 9,193,926.28                            |       | 45.9696314000      |       |
| Class B (2003-2)  |       | 14041NAL5             |       | 5,250,000.00                            |       | 35.0000000000      |       |
| Class B (2003-3)  |       | 14041NAT8             |       | 6,750,000.00                            |       | 45.0000000000      |       |
| Class B (2003-4)  |       | 14041NAU5             |       | 8,445,704.06                            |       | 42.2285203000      |       |
| Class B (2003-5)  |       | 14041NBA8             |       | 7,185,000.00                            |       | 47.9000000000      |       |
| Class B (2003-6)  |       | 14041NBB6             |       | 9,874,630.08                            |       | 39.4985203200      |       |
| Class B (2004-1)  |       | 14041N BF7            |       | 9,647,130.08                            |       | 38.5885203200      |       |
| Class B (2004-2)  |       | 14041NBJ9             |       | 9,091,018.97                            |       | 36.3640758800      |       |
| Class B (2004-3)  |       | 14041NBL4             |       | 6,228,111.39                            |       | 41.5207426000      |       |
| Class B (2004-4)  |       | 14041NBR1             |       | 5,575,944.70                            |       | 37.1729646667      |       |
| Class B (2004-5)  |       | 14041NBS9             |       | 7,400,000.04                            |       | 37.0000002000      |       |
| Class B (2004-6)  |       | 14041NBV2             |       | 8,300,000.04                            |       | 41.5000002000      |       |
| Class B (2005-1)  |       | 14041NBX8             |       | 7,431,666.64                            |       | 42.4666665143      |       |
| Class B (2005-2)  |       | 14041NCB5             |       | 3,884,710.33                            |       | 25.8980688667      |       |
| Class B (2005-3)  |       | 14041NCG4             |       | 2,068,091.00                            |       | 20.6809100000      |       |
|              |       |                  |       |                                    |       |               |       |
| Class C (2002-1)  |       | 14041NAB7             |       | 9,291,778.05                            |       | 61.9451870000      |       |
| Class C (2003-1)  |       | 14041NAP6             |       | 14,980,741.19                           |       | 59.9229647600      |       |
| Class C (2003-2)  |       | 14041NAQ4             |       | 9,720,000.00                            |       | 43.2000000000      |       |
| Class C (2003-3)  |       | 14041NAV3             |       | 14,222,407.85                           |       | 56.8896314000      |       |
| Class C (2003-4)  |       | 14041NAZ4             |       | 15,000,000.00                           |       | 60.0000000000      |       |
| Class C (2003-5)  |       | 14041NBD2             |       | 6,865,111.39                            |       | 45.7674092667      |       |
| Class C (2004-1)  |       | 14041N BE0            |       | 6,800,000.04                            |       | 34.0000002000      |       |
| Class C (2004-2)  |       | 14041NBH3             |       | 4,475,629.81                            |       | 44.7562981000      |       |
| Class C (2004-4)  |       | 14041NBT7             |       | 6,106,778.05                            |       | 40.7118536667      |       |
| Class C (2005-1)  |       | 14041NBZ3             |       | 5,307,314.83                            |       | 30.3275133143      |       |

 

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**Total Principal paid during 2005:**

 
| **Tranche**      | ** ** | **CUSIP Number** | ** ** | **Principal Payment  Date** | ** ** | **Total Amount of  Principal paid** | ** ** | **Per 1000** | ** ** |
|------------------|------------|-----------------------|------------|----------------------------------|------------|----------------------------------------------------|------------|-------------------|------------|
| Class A (2003-2) |       | 14041NAR2             |       | 15-Jul-05                        |       | 500,000,000.00                                     |       | 1000.0000000000   |       |
| Class A (2002-2) |       | 14041NAD3             |       | 15-Sep-05                        |       | 600,000,000.00                                     |       | 1000.0000000000   |       |
| Class B (2002-1) |       | 14041NAA9             |       | 15-Sep-05                        |       | 350,000,000.00                                     |       | 1000.0000000000   |       |

 

**CAPITAL ONE MULTI-ASSET EXECUTION TRUSTAggregated Data for 2005**

 
| Finance Charge Collections Allocated                                     |   | $ | 4,087,967,372.94  |   |
|--------------------------------------------------------------------------|--------|---|-------------------|--------|
| Principal Collections Allocated                                          |   | $ | 36,752,897,143.98 |   |
| Interest payments for each publicly  registered tranche of total series  |   | $ | 620,712,236.46    |   |
| Principal payments for each publicly  registered tranche of total series |   | $ | 1,450,000,000.00  |   |
| Total servicing fees *                                                   |   | $ | 384,442,211.26    |   |

 

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*Servicing Fee includes portion of Servicing Fee funded by Servicer Interchangepaid to Capital One Bank as the Servicer of the Capital One Master Trust.

 

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