|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|--------------------------- | -------- | --------- | ------------- | ----- | -------------- |  | ----------------------- |  | --------------- |  | --------- |  |  |  | -------------- | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |               
|GSAMP Trust Series 2004-NC1
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|2004 Annual Statement      
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | DISTRIBUTION IN DOLLARS |  |                 |  |           |  | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  | ENDING BALANCE | 
|PERIOD                      |          | CLASS     |               | CUSIP |                |  | INTEREST                |  |                 |  | PRINCIPAL |  | 
|200405                      | A-1      | 36228FP34 | $174,411.47   |       | $6,688,090.44  |  | $194,555,909.56         | 
|200406                      | A-1      | 36228FP34 | $201,041.11   |       | $4,855,201.78  |  | $189,700,707.78         | 
|200407                      | A-1      | 36228FP34 | $228,694.74   |       | $10,359,867.87 |  | $179,340,839.91         | 
|200408                      | A-1      | 36228FP34 | $231,648.58   |       | $9,663,502.96  |  | $169,677,336.95         | 
|200409                      | A-1      | 36228FP34 | $266,746.91   |       | $11,517,835.90 |  | $158,159,501.05         | 
|200410                      | A-1      | 36228FP34 | $238,645.11   |       | $12,329,422.89 |  | $145,830,078.16         | 
|200411                      | A-1      | 36228FP34 | $263,466.34   |       | $12,924,494.46 |  | $132,905,583.70         | 
|200412                      | A-1      | 36228FP34 | $261,010.06   |       | $16,681,981.10 |  | $116,223,602.60         | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $1,865,664.32           |  | $85,020,397.43  |  |           |  | 
|200405                      | A-2      | 36228FP42 | $66,619.80    |       | $0.00          |  | $70,956,000.00          | 
|200406                      | A-2      | 36228FP42 | $79,431.30    |       | $0.00          |  | $70,956,000.00          | 
|200407                      | A-2      | 36228FP42 | $91,651.50    |       | $0.00          |  | $70,956,000.00          | 
|200408                      | A-2      | 36228FP42 | $97,564.50    |       | $0.00          |  | $70,956,000.00          | 
|200409                      | A-2      | 36228FP42 | $118,053.05   |       | $0.00          |  | $70,956,000.00          | 
|200410                      | A-2      | 36228FP42 | $112,583.52   |       | $0.00          |  | $70,956,000.00          | 
|200411                      | A-2      | 36228FP42 | $134,501.04   |       | $0.00          |  | $70,956,000.00          | 
|200412                      | A-2      | 36228FP42 | $145,458.87   |       | $0.00          |  | $70,956,000.00          | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $845,863.58             |  | $0.00           |  |           |  | 
|200405                      | A-3      | 36228FP59 | $55,604.81    |       | $0.00          |  | $51,672,000.00          | 
|200406                      | A-3      | 36228FP59 | $66,298.05    |       | $0.00          |  | $51,672,000.00          | 
|200407                      | A-3      | 36228FP59 | $75,197.11    |       | $0.00          |  | $51,672,000.00          | 
|200408                      | A-3      | 36228FP59 | $79,230.40    |       | $0.00          |  | $51,672,000.00          | 
|200409                      | A-3      | 36228FP59 | $94,968.83    |       | $0.00          |  | $51,672,000.00          | 
|200410                      | A-3      | 36228FP59 | $89,622.21    |       | $0.00          |  | $51,672,000.00          | 
|200411                      | A-3      | 36228FP59 | $106,673.97   |       | $0.00          |  | $51,672,000.00          | 
|200412                      | A-3      | 36228FP59 | $114,381.04   |       | $0.00          |  | $51,672,000.00          | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $681,976.42             |  | $0.00           |  |           |  | 
|200405                      | B-1      | 36228FP91 | $10,548.96    |       | $0.00          |  | $5,125,000.00           | 
|200406                      | B-1      | 36228FP91 | $12,577.60    |       | $0.00          |  | $5,125,000.00           | 
|200407                      | B-1      | 36228FP91 | $13,460.24    |       | $0.00          |  | $5,125,000.00           | 
|200408                      | B-1      | 36228FP91 | $13,666.67    |       | $0.00          |  | $5,125,000.00           | 
|200409                      | B-1      | 36228FP91 | $15,808.49    |       | $0.00          |  | $5,125,000.00           | 
|200410                      | B-1      | 36228FP91 | $14,310.14    |       | $0.00          |  | $5,125,000.00           | 
|200411                      | B-1      | 36228FP91 | $16,775.83    |       | $0.00          |  | $5,125,000.00           | 
|200412                      | B-1      | 36228FP91 | $17,346.63    |       | $0.00          |  | $5,125,000.00           | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $114,494.56             |  | $0.00           |  |           |  | 
|200405                      | B-2      | 36228FQ25 | $10,556.36    |       | $0.00          |  | $4,715,000.00           | 
|200406                      | B-2      | 36228FQ25 | $12,586.43    |       | $0.00          |  | $4,715,000.00           | 
|200407                      | B-2      | 36228FQ25 | $13,398.46    |       | $0.00          |  | $4,715,000.00           | 
|200408                      | B-2      | 36228FQ25 | $13,555.63    |       | $0.00          |  | $4,715,000.00           | 
|200409                      | B-2      | 36228FQ25 | $15,624.33    |       | $0.00          |  | $4,715,000.00           | 
|200410                      | B-2      | 36228FQ25 | $14,082.13    |       | $0.00          |  | $4,715,000.00           | 
|200411                      | B-2      | 36228FQ25 | $16,481.54    |       | $0.00          |  | $4,715,000.00           | 
|200412                      | B-2      | 36228FQ25 | $16,973.94    |       | $0.00          |  | $4,715,000.00           | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $113,258.82             |  | $0.00           |  |           |  | 
|200405                      | B-3      | 36228FQ33 | $15,172.73    |       | $0.00          |  | $5,124,000.00           | 
|200406                      | B-3      | 36228FQ33 | $18,090.57    |       | $0.00          |  | $5,124,000.00           | 
|200407                      | B-3      | 36228FQ33 | $18,973.03    |       | $0.00          |  | $5,124,000.00           | 
|200408                      | B-3      | 36228FQ33 | $19,001.50    |       | $0.00          |  | $5,124,000.00           | 
|200409                      | B-3      | 36228FQ33 | $21,676.66    |       | $0.00          |  | $5,124,000.00           | 
|200410                      | B-3      | 36228FQ33 | $19,289.01    |       | $0.00          |  | $5,124,000.00           | 
|200411                      | B-3      | 36228FQ33 | $22,465.89    |       | $0.00          |  | $5,124,000.00           | 
|200412                      | B-3      | 36228FQ33 | $22,858.67    |       | $0.00          |  | $5,124,000.00           | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $157,528.06             |  | $0.00           |  |           |  | 
|200405                      | LT REMIC | GS0401101 | $2,241,069.62 |       | $6,688,714.79  |  | $403,276,842.21         | 
|200406                      | LT REMIC | GS0401101 | $2,204,774.26 |       | $4,855,201.78  |  | $398,421,640.43         | 
|200407                      | LT REMIC | GS0401101 | $2,176,077.32 |       | $10,359,867.23 |  | $388,061,773.20         | 
|200408                      | LT REMIC | GS0401101 | $2,044,610.18 |       | $9,663,501.02  |  | $378,398,272.18         | 
|200409                      | LT REMIC | GS0401101 | $2,064,912.09 |       | $11,517,838.62 |  | $366,880,433.56         | 
|200410                      | LT REMIC | GS0401101 | $2,001,899.60 |       | $12,329,422.76 |  | $354,551,010.80         | 
|200411                      | LT REMIC | GS0401101 | $1,932,475.07 |       | $12,924,495.12 |  | $341,626,515.68         | 
|200412                      | LT REMIC | GS0401101 | $2,109,456.42 |       | $16,378,673.42 |  | $380,966,564.67         | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $16,775,274.56          |  | $84,717,714.74  |  |           |  | 
|200405                      | M-1      | 36228FP67 | $32,976.99    |       | $0.00          |  | $27,673,000.00          | 
|200406                      | M-1      | 36228FP67 | $39,318.72    |       | $0.00          |  | $27,673,000.00          | 
|200407                      | M-1      | 36228FP67 | $44,084.63    |       | $0.00          |  | $27,673,000.00          | 
|200408                      | M-1      | 36228FP67 | $46,121.67    |       | $0.00          |  | $27,673,000.00          | 
|200409                      | M-1      | 36228FP67 | $54,919.37    |       | $0.00          |  | $27,673,000.00          | 
|200410                      | M-1      | 36228FP67 | $51,441.03    |       | $0.00          |  | $27,673,000.00          | 
|200411                      | M-1      | 36228FP67 | $61,065.09    |       | $0.00          |  | $27,673,000.00          | 
|200412                      | M-1      | 36228FP67 | $65,069.62    |       | $0.00          |  | $27,673,000.00          | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $394,997.12             |  | $0.00           |  |           |  | 
|200405                      | M-2      | 36228FP75 | $37,795.38    |       | $0.00          |  | $23,573,000.00          | 
|200406                      | M-2      | 36228FP75 | $45,063.72    |       | $0.00          |  | $23,573,000.00          | 
|200407                      | M-2      | 36228FP75 | $49,123.51    |       | $0.00          |  | $23,573,000.00          | 
|200408                      | M-2      | 36228FP75 | $50,485.51    |       | $0.00          |  | $23,573,000.00          | 
|200409                      | M-2      | 36228FP75 | $59,099.48    |       | $0.00          |  | $23,573,000.00          | 
|200410                      | M-2      | 36228FP75 | $54,270.28    |       | $0.00          |  | $23,573,000.00          | 
|200411                      | M-2      | 36228FP75 | $63,961.41    |       | $0.00          |  | $23,573,000.00          | 
|200412                      | M-2      | 36228FP75 | $66,999.40    |       | $0.00          |  | $23,573,000.00          | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $426,798.69             |  | $0.00           |  |           |  | 
|200405                      | M-3      | 36228FP83 | $12,693.99    |       | $0.00          |  | $7,174,000.00           | 
|200406                      | M-3      | 36228FP83 | $15,135.15    |       | $0.00          |  | $7,174,000.00           | 
|200407                      | M-3      | 36228FP83 | $16,370.67    |       | $0.00          |  | $7,174,000.00           | 
|200408                      | M-3      | 36228FP83 | $16,739.33    |       | $0.00          |  | $7,174,000.00           | 
|200409                      | M-3      | 36228FP83 | $19,498.33    |       | $0.00          |  | $7,174,000.00           | 
|200410                      | M-3      | 36228FP83 | $17,799.49    |       | $0.00          |  | $7,174,000.00           | 
|200411                      | M-3      | 36228FP83 | $20,932.14    |       | $0.00          |  | $7,174,000.00           | 
|200412                      | M-3      | 36228FP83 | $21,810.86    |       | $0.00          |  | $7,174,000.00           | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $140,979.96             |  | $0.00           |  |           |  | 
|200405                      | N        | 36228FS72 | $85,725.00    |       | $1,842,904.11  |  | $0.00                   | 
|200406                      | N        | 36228FS72 | $78,046.23    |       | $1,719,954.00  |  | $0.00                   | 
|200407                      | N        | 36228FS72 | $70,879.76    |       | $1,755,431.59  |  | $0.00                   | 
|200408                      | N        | 36228FS72 | $63,565.46    |       | $1,580,483.17  |  | $0.00                   | 
|200409                      | N        | 36228FS72 | $56,980.11    |       | $1,574,541.09  |  | $0.00                   | 
|200410                      | N        | 36228FS72 | $50,419.53    |       | $1,580,943.32  |  | $0.00                   | 
|200411                      | N        | 36228FS72 | $43,832.26    |       | $1,473,947.64  |  | $0.00                   | 
|200412                      | N        | 36228FS72 | $37,690.81    |       | $1,354,714.58  |  | $0.00                   | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $487,139.16             |  | $12,882,919.47  |  |           |  | 
|200405                      | P        | GS0401103 | $103,315.63   |       | $0.00          |  | $0.00                   | 
|200406                      | P        | GS0401103 | $82,768.62    |       | $0.00          |  | $0.00                   | 
|200407                      | P        | GS0401103 | $201,188.56   |       | $0.00          |  | $0.00                   | 
|200408                      | P        | GS0401103 | $167,454.18   |       | $0.00          |  | $0.00                   | 
|200409                      | P        | GS0401103 | $233,001.84   |       | $0.00          |  | $0.00                   | 
|200410                      | P        | GS0401103 | $241,506.30   |       | $0.00          |  | $0.00                   | 
|200411                      | P        | GS0401103 | $291,627.42   |       | $0.00          |  | $0.00                   | 
|200412                      | P        | GS0401103 | $318,165.74   |       | $0.00          |  | $0.00                   | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $1,639,028.29           |  | $0.00           |  |           |  | 
|200405                      | R-1      | 36228FS98 | $0.00         |       | $0.00          |  | $0.00                   | 
|200406                      | R-1      | 36228FS98 | $0.00         |       | $0.00          |  | $0.00                   | 
|200407                      | R-1      | 36228FS98 | $0.00         |       | $0.00          |  | $0.00                   | 
|200408                      | R-1      | 36228FS98 | $0.00         |       | $0.00          |  | $0.00                   | 
|200409                      | R-1      | 36228FS98 | $0.00         |       | $0.00          |  | $0.00                   | 
|200410                      | R-1      | 36228FS98 | $0.00         |       | $0.00          |  | $0.00                   | 
|200411                      | R-1      | 36228FS98 | $0.00         |       | $0.00          |  | $0.00                   | 
|200412                      | R-1      | 36228FS98 | $0.00         |       | $0.00          |  | $0.00                   | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $0.00                   |  | $0.00           |  |           |  | 
|200405                      | R-2      | 36228FZ82 | $0.00         |       | $0.00          |  | $0.00                   | 
|200406                      | R-2      | 36228FZ82 | $0.00         |       | $0.00          |  | $0.00                   | 
|200407                      | R-2      | 36228FZ82 | $0.00         |       | $0.00          |  | $0.00                   | 
|200408                      | R-2      | 36228FZ82 | $0.00         |       | $0.00          |  | $0.00                   | 
|200409                      | R-2      | 36228FZ82 | $0.00         |       | $0.00          |  | $0.00                   | 
|200410                      | R-2      | 36228FZ82 | $0.00         |       | $0.00          |  | $0.00                   | 
|200411                      | R-2      | 36228FZ82 | $0.00         |       | $0.00          |  | $0.00                   | 
|200412                      | R-2      | 36228FZ82 | $0.00         |       | $0.00          |  | $0.00                   | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $0.00                   |  | $0.00           |  |           |  | 
|200405                      | X        | 36228FS80 | $0.00         |       | $0.00          |  | $12,708,932.65          | 
|200406                      | X        | 36228FS80 | $0.00         |       | $0.00          |  | $12,708,932.65          | 
|200407                      | X        | 36228FS80 | $0.00         |       | $0.00          |  | $12,708,932.65          | 
|200408                      | X        | 36228FS80 | $0.00         |       | $0.00          |  | $12,708,932.65          | 
|200409                      | X        | 36228FS80 | $0.00         |       | $0.00          |  | $12,708,932.65          | 
|200410                      | X        | 36228FS80 | $0.00         |       | $0.00          |  | $12,708,932.65          | 
|200411                      | X        | 36228FS80 | $0.00         |       | $0.00          |  | $12,708,932.65          | 
|200412                      | X        | 36228FS80 | $0.00         |       | $0.00          |  | $12,708,932.65          | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $0.00                   |  | $0.00           |  |           |  | 
|200405                      | X-INT    | GS0401102 | $1,825,313.48 |       | $624.35        |  | $12,708,932.65          | 
|200406                      | X-INT    | GS0401102 | $1,715,231.61 |       | $0.00          |  | $12,708,932.65          | 
|200407                      | X-INT    | GS0401102 | $1,625,122.79 |       | $0.00          |  | $12,708,932.65          | 
|200408                      | X-INT    | GS0401102 | $1,476,594.45 |       | $0.00          |  | $12,708,932.65          | 
|200409                      | X-INT    | GS0401102 | $1,398,519.36 |       | $0.00          |  | $12,708,932.65          | 
|200410                      | X-INT    | GS0401102 | $1,389,856.55 |       | $0.00          |  | $12,708,932.65          | 
|200411                      | X-INT    | GS0401102 | $1,226,152.48 |       | $0.00          |  | $12,708,932.65          | 
|200412                      | X-INT    | GS0401102 | $2,428,954.22 |       | $0.00          |  | $12,708,932.65          | 
|                            |          |           |               |       |                |  |                         |  |                 |  |           |  |  |  |                | 
|                            |          |           |               |       |                |  | $13,085,744.92          |  | $624.35         |  |           |  | 
|                            |          |           |               |       |                |  | $36,728,748.46          |  | $182,621,655.99 |  |           |  |