|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|--------------------------- | -------- | --------- | ------------- | ----- | -------------- |  | ----------------------- |  | --------------- |  | --------- |  |  |  | -------------- | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |               
|GSAMP Trust Series 2004-HE1
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|2004 Annual Statement      
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | DISTRIBUTION IN DOLLARS |  |                 |  |           |  | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  | ENDING BALANCE | 
|PERIOD                      |          | CLASS     |               | CUSIP |                |  | INTEREST                |  |                 |  | PRINCIPAL |  | 
|200405                      | A-1A     | 36228FQ74 | $231,952.00   |       | $4,088,356.48  |  | $247,047,643.52         | 
|200406                      | A-1A     | 36228FQ74 | $282,938.18   |       | $4,402,605.30  |  | $242,645,038.22         | 
|200407                      | A-1A     | 36228FQ74 | $319,684.84   |       | $7,530,561.32  |  | $235,114,476.90         | 
|200408                      | A-1A     | 36228FQ74 | $329,160.27   |       | $5,399,376.66  |  | $229,715,100.24         | 
|200409                      | A-1A     | 36228FQ74 | $388,505.66   |       | $7,639,367.43  |  | $222,075,732.81         | 
|200410                      | A-1A     | 36228FQ74 | $357,547.81   |       | $8,694,163.44  |  | $213,381,569.37         | 
|200411                      | A-1A     | 36228FQ74 | $410,166.79   |       | $9,354,046.40  |  | $204,027,522.97         | 
|200412                      | A-1A     | 36228FQ74 | $423,524.47   |       | $10,056,203.49 |  | $193,971,319.48         | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $2,743,480.02           |  | $57,164,680.52  |  |           |  | 
|200405                      | A-1B     | 36228FQ82 | $29,455.28    |       | $0.00          |  | $27,905,000.00          | 
|200406                      | A-1B     | 36228FQ82 | $36,524.54    |       | $0.00          |  | $27,905,000.00          | 
|200407                      | A-1B     | 36228FQ82 | $41,330.41    |       | $0.00          |  | $27,905,000.00          | 
|200408                      | A-1B     | 36228FQ82 | $43,485.29    |       | $0.00          |  | $27,905,000.00          | 
|200409                      | A-1B     | 36228FQ82 | $52,054.45    |       | $0.00          |  | $27,905,000.00          | 
|200410                      | A-1B     | 36228FQ82 | $49,051.60    |       | $0.00          |  | $27,905,000.00          | 
|200411                      | A-1B     | 36228FQ82 | $58,352.46    |       | $0.00          |  | $27,905,000.00          | 
|200412                      | A-1B     | 36228FQ82 | $62,491.33    |       | $0.00          |  | $27,905,000.00          | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $372,745.36             |  | $0.00           |  |           |  | 
|200405                      | A-2A     | 36228FS23 | $101,987.17   |       | $2,774,010.84  |  | $112,864,989.16         | 
|200406                      | A-2A     | 36228FS23 | $123,430.41   |       | $2,174,341.40  |  | $110,690,647.76         | 
|200407                      | A-2A     | 36228FS23 | $140,115.91   |       | $3,469,384.58  |  | $107,221,263.18         | 
|200408                      | A-2A     | 36228FS23 | $144,748.71   |       | $5,503,681.93  |  | $101,717,581.25         | 
|200409                      | A-2A     | 36228FS23 | $166,435.39   |       | $4,114,090.50  |  | $97,603,490.75          | 
|200410                      | A-2A     | 36228FS23 | $152,589.30   |       | $4,133,712.43  |  | $93,469,778.32          | 
|200411                      | A-2A     | 36228FS23 | $174,684.63   |       | $4,493,324.95  |  | $88,976,453.37          | 
|200412                      | A-2A     | 36228FS23 | $180,102.01   |       | $5,467,380.46  |  | $83,509,072.91          | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $1,184,093.53           |  | $32,129,927.09  |  |           |  | 
|200405                      | A-2B     | 36228FQ90 | $17,813.16    |       | $0.00          |  | $16,549,000.00          | 
|200406                      | A-2B     | 36228FQ90 | $22,088.32    |       | $0.00          |  | $16,549,000.00          | 
|200407                      | A-2B     | 36228FQ90 | $24,938.42    |       | $0.00          |  | $16,549,000.00          | 
|200408                      | A-2B     | 36228FQ90 | $26,202.58    |       | $0.00          |  | $16,549,000.00          | 
|200409                      | A-2B     | 36228FQ90 | $31,325.88    |       | $0.00          |  | $16,549,000.00          | 
|200410                      | A-2B     | 36228FQ90 | $29,476.09    |       | $0.00          |  | $16,549,000.00          | 
|200411                      | A-2B     | 36228FQ90 | $35,047.10    |       | $0.00          |  | $16,549,000.00          | 
|200412                      | A-2B     | 36228FQ90 | $37,487.87    |       | $0.00          |  | $16,549,000.00          | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $224,379.42             |  | $0.00           |  |           |  | 
|200405                      | A-INV    | 36228FS31 | $330,569.55   |       | $0.00          |  | $0.00                   | 
|200406                      | A-INV    | 36228FS31 | $404,588.42   |       | $0.00          |  | $0.00                   | 
|200407                      | A-INV    | 36228FS31 | $310,643.07   |       | $0.00          |  | $0.00                   | 
|200408                      | A-INV    | 36228FS31 | $231,216.65   |       | $0.00          |  | $0.00                   | 
|200409                      | A-INV    | 36228FS31 | $174,188.95   |       | $0.00          |  | $0.00                   | 
|200410                      | A-INV    | 36228FS31 | $59,959.35    |       | $0.00          |  | $0.00                   | 
|200411                      | A-INV    | 36228FS31 | $28,139.30    |       | $0.00          |  | $0.00                   | 
|200412                      | A-INV    | 36228FS31 | $0.00         |       | $0.00          |  | $0.00                   | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $1,539,305.28           |  | $0.00           |  |           |  | 
|200405                      | A-IO     | 36228FR24 | $628,323.33   |       | $0.00          |  | $0.00                   | 
|200406                      | A-IO     | 36228FR24 | $579,783.33   |       | $0.00          |  | $0.00                   | 
|200407                      | A-IO     | 36228FR24 | $534,493.33   |       | $0.00          |  | $0.00                   | 
|200408                      | A-IO     | 36228FR24 | $492,256.67   |       | $0.00          |  | $0.00                   | 
|200409                      | A-IO     | 36228FR24 | $452,886.67   |       | $0.00          |  | $0.00                   | 
|200410                      | A-IO     | 36228FR24 | $416,196.67   |       | $0.00          |  | $0.00                   | 
|200411                      | A-IO     | 36228FR24 | $382,023.33   |       | $0.00          |  | $0.00                   | 
|200412                      | A-IO     | 36228FR24 | $350,206.67   |       | $0.00          |  | $0.00                   | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $3,836,170.00           |  | $0.00           |  |           |  | 
|200405                      | B-1      | 36228FR73 | $17,998.26    |       | $0.00          |  | $7,405,000.00           | 
|200406                      | B-1      | 36228FR73 | $22,317.85    |       | $0.00          |  | $7,405,000.00           | 
|200407                      | B-1      | 36228FR73 | $23,593.15    |       | $0.00          |  | $7,405,000.00           | 
|200408                      | B-1      | 36228FR73 | $23,757.71    |       | $0.00          |  | $7,405,000.00           | 
|200409                      | B-1      | 36228FR73 | $27,253.49    |       | $0.00          |  | $7,405,000.00           | 
|200410                      | B-1      | 36228FR73 | $24,420.44    |       | $0.00          |  | $7,405,000.00           | 
|200411                      | B-1      | 36228FR73 | $28,517.48    |       | $0.00          |  | $7,405,000.00           | 
|200412                      | B-1      | 36228FR73 | $29,208.51    |       | $0.00          |  | $7,405,000.00           | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $197,066.89             |  | $0.00           |  |           |  | 
|200405                      | B-2      | 36228FR81 | $23,654.86    |       | $0.00          |  | $7,405,000.00           | 
|200406                      | B-2      | 36228FR81 | $29,332.03    |       | $0.00          |  | $7,405,000.00           | 
|200407                      | B-2      | 36228FR81 | $30,607.33    |       | $0.00          |  | $7,405,000.00           | 
|200408                      | B-2      | 36228FR81 | $30,545.63    |       | $0.00          |  | $7,405,000.00           | 
|200409                      | B-2      | 36228FR81 | $34,720.19    |       | $0.00          |  | $7,405,000.00           | 
|200410                      | B-2      | 36228FR81 | $30,755.94    |       | $0.00          |  | $7,405,000.00           | 
|200411                      | B-2      | 36228FR81 | $35,757.92    |       | $0.00          |  | $7,405,000.00           | 
|200412                      | B-2      | 36228FR81 | $36,222.69    |       | $0.00          |  | $7,405,000.00           | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $251,596.59             |  | $0.00           |  |           |  | 
|200405                      | B-3      | 36228FR99 | $22,478.96    |       | $0.00          |  | $6,347,000.00           | 
|200406                      | B-3      | 36228FR99 | $27,873.91    |       | $0.00          |  | $6,347,000.00           | 
|200407                      | B-3      | 36228FR99 | $28,967.00    |       | $0.00          |  | $6,347,000.00           | 
|200408                      | B-3      | 36228FR99 | $28,825.96    |       | $0.00          |  | $6,347,000.00           | 
|200409                      | B-3      | 36228FR99 | $32,668.54    |       | $0.00          |  | $6,347,000.00           | 
|200410                      | B-3      | 36228FR99 | $28,829.95    |       | $0.00          |  | $6,347,000.00           | 
|200411                      | B-3      | 36228FR99 | $33,469.85    |       | $0.00          |  | $6,347,000.00           | 
|200412                      | B-3      | 36228FR99 | $33,380.97    |       | $0.00          |  | $6,347,000.00           | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $236,495.14             |  | $0.00           |  |           |  | 
|200405                      | M-1      | 36228FR32 | $42,422.19    |       | $0.00          |  | $37,023,000.00          | 
|200406                      | M-1      | 36228FR32 | $52,603.51    |       | $0.00          |  | $37,023,000.00          | 
|200407                      | M-1      | 36228FR32 | $58,979.70    |       | $0.00          |  | $37,023,000.00          | 
|200408                      | M-1      | 36228FR32 | $61,705.00    |       | $0.00          |  | $37,023,000.00          | 
|200409                      | M-1      | 36228FR32 | $73,475.23    |       | $0.00          |  | $37,023,000.00          | 
|200410                      | M-1      | 36228FR32 | $68,822.77    |       | $0.00          |  | $37,023,000.00          | 
|200411                      | M-1      | 36228FR32 | $81,697.42    |       | $0.00          |  | $37,023,000.00          | 
|200412                      | M-1      | 36228FR32 | $87,054.99    |       | $0.00          |  | $37,023,000.00          | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $526,760.81             |  | $0.00           |  |           |  | 
|200405                      | M-2      | 36228FR40 | $49,585.94    |       | $0.00          |  | $31,735,000.00          | 
|200406                      | M-2      | 36228FR40 | $61,486.56    |       | $0.00          |  | $31,735,000.00          | 
|200407                      | M-2      | 36228FR40 | $66,952.03    |       | $0.00          |  | $31,735,000.00          | 
|200408                      | M-2      | 36228FR40 | $68,759.17    |       | $0.00          |  | $31,735,000.00          | 
|200409                      | M-2      | 36228FR40 | $80,435.00    |       | $0.00          |  | $31,735,000.00          | 
|200410                      | M-2      | 36228FR40 | $73,802.72    |       | $0.00          |  | $31,735,000.00          | 
|200411                      | M-2      | 36228FR40 | $86,953.90    |       | $0.00          |  | $31,735,000.00          | 
|200412                      | M-2      | 36228FR40 | $91,017.33    |       | $0.00          |  | $31,735,000.00          | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $578,992.65             |  | $0.00           |  |           |  | 
|200405                      | M-3      | 36228FR57 | $16,069.44    |       | $0.00          |  | $9,256,000.00           | 
|200406                      | M-3      | 36228FR57 | $25,505.42    |       | $0.00          |  | $9,256,000.00           | 
|200407                      | M-3      | 36228FR57 | $15,940.89    |       | $0.00          |  | $9,256,000.00           | 
|200408                      | M-3      | 36228FR57 | $21,983.00    |       | $0.00          |  | $9,256,000.00           | 
|200409                      | M-3      | 36228FR57 | $25,581.27    |       | $0.00          |  | $9,256,000.00           | 
|200410                      | M-3      | 36228FR57 | $23,325.50    |       | $0.00          |  | $9,256,000.00           | 
|200411                      | M-3      | 36228FR57 | $27,418.33    |       | $0.00          |  | $9,256,000.00           | 
|200412                      | M-3      | 36228FR57 | $28,539.21    |       | $0.00          |  | $9,256,000.00           | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $184,363.06             |  | $0.00           |  |           |  | 
|200405                      | M-4      | 36228FR65 | $20,183.22    |       | $0.00          |  | $9,256,000.00           | 
|200406                      | M-4      | 36228FR65 | $25,027.20    |       | $0.00          |  | $9,256,000.00           | 
|200407                      | M-4      | 36228FR65 | $26,621.28    |       | $0.00          |  | $9,256,000.00           | 
|200408                      | M-4      | 36228FR65 | $26,919.53    |       | $0.00          |  | $9,256,000.00           | 
|200409                      | M-4      | 36228FR65 | $31,011.46    |       | $0.00          |  | $9,256,000.00           | 
|200410                      | M-4      | 36228FR65 | $27,933.01    |       | $0.00          |  | $9,256,000.00           | 
|200411                      | M-4      | 36228FR65 | $32,683.96    |       | $0.00          |  | $9,256,000.00           | 
|200412                      | M-4      | 36228FR65 | $33,640.30    |       | $0.00          |  | $9,256,000.00           | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $224,019.96             |  | $0.00           |  |           |  | 
|200405                      | P        | 36228FS56 | $140,628.49   |       | $0.00          |  | $0.00                   | 
|200406                      | P        | 36228FS56 | $99,848.78    |       | $0.00          |  | $0.00                   | 
|200407                      | P        | 36228FS56 | $167,050.50   |       | $0.00          |  | $0.00                   | 
|200408                      | P        | 36228FS56 | $230,581.50   |       | $0.00          |  | $0.00                   | 
|200409                      | P        | 36228FS56 | $263,991.52   |       | $0.00          |  | $0.00                   | 
|200410                      | P        | 36228FS56 | $209,307.17   |       | $0.00          |  | $0.00                   | 
|200411                      | P        | 36228FS56 | $305,165.20   |       | $0.00          |  | $0.00                   | 
|200412                      | P        | 36228FS56 | $332,623.55   |       | $0.00          |  | $0.00                   | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $1,749,196.71           |  | $0.00           |  |           |  | 
|200405                      | R        | 36228FS64 | $0.00         |       | $0.00          |  | $0.00                   | 
|200406                      | R        | 36228FS64 | $0.00         |       | $0.00          |  | $0.00                   | 
|200407                      | R        | 36228FS64 | $0.00         |       | $0.00          |  | $0.00                   | 
|200408                      | R        | 36228FS64 | $0.00         |       | $0.00          |  | $0.00                   | 
|200409                      | R        | 36228FS64 | $0.00         |       | $0.00          |  | $0.00                   | 
|200410                      | R        | 36228FS64 | $0.00         |       | $0.00          |  | $0.00                   | 
|200411                      | R        | 36228FS64 | $0.00         |       | $0.00          |  | $0.00                   | 
|200412                      | R        | 36228FS64 | $0.00         |       | $0.00          |  | $0.00                   | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $0.00                   |  | $0.00           |  |           |  | 
|200405                      | Remic I  | GS04H1101 | $3,111,530.94 |       | $6,862,367.32  |  | $512,793,632.68         | 
|200406                      | Remic I  | GS04H1101 | $3,184,934.08 |       | $6,576,946.70  |  | $506,216,685.98         | 
|200407                      | Remic I  | GS04H1101 | $3,023,901.08 |       | $10,999,945.90 |  | $495,216,740.08         | 
|200408                      | Remic I  | GS04H1101 | $2,956,305.67 |       | $10,903,058.59 |  | $484,313,681.49         | 
|200409                      | Remic I  | GS04H1101 | $2,891,917.80 |       | $11,753,457.93 |  | $472,560,223.56         | 
|200410                      | Remic I  | GS04H1101 | $2,825,712.58 |       | $12,827,875.87 |  | $459,732,347.69         | 
|200411                      | Remic I  | GS04H1101 | $2,739,990.56 |       | $13,847,371.35 |  | $445,884,976.34         | 
|200412                      | Remic I  | GS04H1101 | $2,655,662.35 |       | $15,523,583.95 |  | $430,361,392.39         | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $23,389,955.06          |  | $89,294,607.61  |  |           |  | 
|200405                      | Remic II | GS04H1201 | $3,608,016.24 |       | $6,862,031.25  |  | $512,793,632.68         | 
|200406                      | Remic II | GS04H1201 | $3,638,589.24 |       | $6,576,946.70  |  | $506,216,685.98         | 
|200407                      | Remic II | GS04H1201 | $3,462,635.55 |       | $10,922,278.00 |  | $495,216,740.08         | 
|200408                      | Remic II | GS04H1201 | $3,530,366.94 |       | $10,903,058.59 |  | $484,313,681.49         | 
|200409                      | Remic II | GS04H1201 | $3,493,820.46 |       | $11,753,457.93 |  | $472,560,223.56         | 
|200410                      | Remic II | GS04H1201 | $3,366,047.33 |       | $12,827,875.87 |  | $459,732,347.69         | 
|200411                      | Remic II | GS04H1201 | $3,368,841.44 |       | $13,847,371.35 |  | $445,884,976.34         | 
|200412                      | Remic II | GS04H1201 | $3,292,512.63 |       | $15,512,774.05 |  | $430,361,392.39         | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $27,760,829.83          |  | $89,205,793.73  |  |           |  | 
|200405                      | X        | 36228FS49 | $1,578,365.43 |       | $0.00          |  | $0.00                   | 
|200406                      | X        | 36228FS49 | $1,491,434.39 |       | $0.00          |  | $0.00                   | 
|200407                      | X        | 36228FS49 | $1,245,697.92 |       | $0.00          |  | $0.00                   | 
|200408                      | X        | 36228FS49 | $1,426,739.50 |       | $0.00          |  | $0.00                   | 
|200409                      | X        | 36228FS49 | $1,321,375.63 |       | $0.00          |  | $0.00                   | 
|200410                      | X        | 36228FS49 | $1,483,001.43 |       | $0.00          |  | $0.00                   | 
|200411                      | X        | 36228FS49 | $1,325,078.09 |       | $0.00          |  | $0.00                   | 
|200412                      | X        | 36228FS49 | $1,241,166.19 |       | $0.00          |  | $0.00                   | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $11,112,858.58          |  | $0.00           |  |           |  | 
|                            |          |           |               |       |                |  | $76,112,308.89          |  | $267,795,008.95 |  |           |  |