**EXHIBIT20.1(k)**

 

 

CITIBANK OMNI-S MASTER TRUST

(formerly known as Sears Credit Account Master Trust II)

SERIES 2002-5

 

2005 ANNUAL STATEMENT

 

Pursuant to the terms of the letter issued by the Securities and Exchange Commission dated August 24, 1995 (granting relief to the Trust from certain reporting requirements of the Securities Exchange Act of 1934, as amended), aggregated information regarding the performance of Accounts in respect of the Due Periods related to the eleven Distribution Dates in 2005 which occured prior to the Defeasance and payments to Investor Certificateholders in respect of the Due Periods related to the twelve Distribution Dates which occurred in 2005 is set forth below.

 

 
| 1)     | The total amount of the distribution to Investor Certificateholders during 2005, per $1,000 interest.  * |      |
|--------|----------------------------------------------------------------------------------------------------------|-----------|
|   | Class A                                                                                                  | $1,032.51 |
|   | Class B                                                                                                  | $1,045.08 |
|   | Class C                                                                                                  | $0.00     |

 

 
| 2)     | The amount of the distribution set forth in paragraph 1 above in respect of interest on the Investor Certificates, per $1,000 interest.  * |   |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------|--------|
|   | Class A                                                                                                                                    | $32.51 |
|   | Class B                                                                                                                                    | $45.08 |
|   | Class C                                                                                                                                    | $0.00  |

 

 
| 3)     | The amount of the distribution set forth in paragraph 1 above in respect of principal on the Investor Certificates, per $1,000 interest.  * |      |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------|-----------|
|   | Class A                                                                                                                                     | $1,000.00 |
|   | Class B                                                                                                                                     | $1,000.00 |
|   | Class C                                                                                                                                     | $0.00     |

 

 
| 4) | The aggregate amount of Collections of Principal Receivables processed during the related Due Periods. | $8,148,255,647.66 |
|----|--------------------------------------------------------------------------------------------------------|-------------------|

 

 
| 5) | The aggregate amount of Collections of Finance Charge Receivables processed during the related Due Periods. | $1,733,212,223.39 |
|----|-------------------------------------------------------------------------------------------------------------|-------------------|

 

 
| 6) | The aggregate amount of Collections of Principal Receivables processed during the related Due Periods which were allocated in respect of the Investor Certificates. | $5,973,534,356.84 |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------|

 
| * | The information in this item was prepared for and is applicable only to investor certificates that were not cancelled by the Trustee pursuant to Section 6.16 of the Pooling and Servicing Agreement during the calendar year 2005. |
|---|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

 

 

 

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