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Fitch Consumer ABS Conference Will Address Recent Headlines.

Business Editors

NEW YORK--(BUSINESS WIRE)--July 22, 2002

Fitch Ratings will host a Consumer ABS seminar for investors and other interested parties in Boston, MA on Tuesday Aug. 6.

Among the topics to be discussed in the seminar include the state of the consumer, the

outlook for consumer finance companies, updates on the auto loan and credit card sectors, as well as discussions regarding home equity loans, subprime mortgages, manufactured housing loans, and student loans. Fitch analysts will also be discussing the Next Card and Capital One announcements and will be commenting on the impact of the regulatory environment on sub-prime assets.

Those who wish to attend should respond to Beth Hammond at 212/908-0456.

For more information on the seminar, go to the Fitch Ratings web site at 'www.fitchratings.com' in the 'About Fitch' section under 'Company Events & Online Media' in the 'Upcoming Seminars' page.

In addition, make sure to read these articles: