CARDIFF AUTO RECEIVABLES SECURITISATION INVESTOR REPORT

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1 CARDIFF AUTO RECEIVABLES SECURITISATION INVESTOR REPORT Monthly Reference Portfolio Report Report Date: 25/09/2012 DEAL OVERVIEW Deal Name: Cardiff Auto Receivables Securitisation (CARS) Cut Off Date: 09/02/2011 Issuer: Cardiff Auto Receivables Securitisation plc Final Maturity Date: 35 Great St Helen's Reporting Date: EC3A 6AP Reporting Period: 09/09/ /08/2012 Monthly Servicer Name: Blackhorse Ltd Payment Date: St William's House Tresillian Terrace Cardiff Clean Up Call: CF10 5BH Trigger Events: Contact: Nathan Henshall /09/2012 Corporate Services Provider: Structured Finance Management Limited 35 Great St Helen's EC3A 6AP COUNTERPARTY DETAILS Ratings Moody's Fitch ST LT ST LT Joint Lead Manager: Lloyds Bank Corporate Markets P-1 A2 F1 A 10 Gresham Street EC2V 7AE WestLB AG P-2 A3 F1 A- Herzogstrasse Dusseldorf Germany Accounts Lloyds TSB Bank plc P-1 A2 F1 A GIC 25 Gresham Street Transaction Swap Collateral [if req'd] EC2V 7AE Collection Account Listing Agent: Maples and Calder 75 St Stephems Green Dublin 2 Ireland Principal Paying Agent: Deutsche Bank AG P-1 A2 F1+ A+ Global Tranasaction Bank 10 Bishops Square E1 6AO Servicer Blackhorse Ltd St William's House Tresillian Terrace Cardiff CF10 5BH Cash Manager Blackhorse Ltd St William's House Tresillian Terrace Cardiff CF10 5BH Interest Rate Swap Counterparty Blackhorse Ltd St William's House Tresillian Terrace Cardiff CF10 5BH Cross Currency Swap Counterparty: Lloyds TSB Bank plc P-1 A2 F1 A 25 Gresham Street EC2V 7AE Interest Rate Swap Guarantor Lloyds TSB Bank plc P-1 A2 F1 A 25 Gresham Street EC2V 7AE Servicer Guarantor Lloyds TSB Bank plc P-1 A2 F1 A 25 Gresham Street EC2V 7AE Trustee: Deutsche Bank AG Global Tranasaction Bank 10 Bishops Square E1 6AO Rating Agencies: Moodys Investors Services One Canada Square Canary Wharf E14 5FA FITCH Ratings Limited 30 th Colonnade E14 5GN

2 CARDIFF AUTO RECEIVABLES SECURITISATION INVESTOR REPORT Monthly Reference Portfolio Report Report Date: 25/09/2012 Part I. tes Information Bond report Class A1 Class A2 Class U ISIN Code XS XS N/A Ratings (Fitch / Moody's / S&P) AAA/Aaa AAA/Aaa N/A Balance 250,000, ,000, ,749,000 Reference Rate 1m GBP Libor 1m Euribor 1m GBP Libor Base Interest Rate % % % Spread per Annum % % % Total Interest Rate % % % Balance Before Payment 14,959, ,950, ,749,000 Principal Redemption 8,035, ,642, Balance After Payment 6,923, ,308, ,749,000 Interest Payment 18, , , Confirmation of net economic interest held by originator The Seller confirms that, as at the date of this report, it continues to hold the net economic interest in the securitisation as disclosed in the Prospectus, in accordance with paragraph 1(d) of Article 122a of Directive 2006/48/EC (as amended) (which does not take into account any implementing rules of the CRD in a relevant jurisdiction). Part II. Reference Portfolio Summary Opening principal balance 208,020,033 Available Principal Receipts 16,260,341 Closing outstanding principal balance 191,759,691 Available Revenue Receipts 15,036,997 Part III. Reference Portfolio Characteristics Key Characteristics of the Pool Initial Portfolio at Cutoff date Number of loans 119,783 53,886 50,779 Outstanding principal balance ( ) 683,649, ,020, ,759,691 Weighted Average Rate (%p.a.) 11.95% 12.12% 12.13% Average Receivable Balance ( ) 5,707 3,860 3,776 Maximum Receivable Balance ( ) 49,080 31,427 30,679 Minimum Receivable Balance ( ) Weighted Average Remaining Term of the Portfolio (m) Maximum Remaining Term of the Portfolio (m) Minimum Remaining Term of the Portfolio (m) Weighted Average Seasoning of the Portfolio (m) Largest regional concentration in portfolio (%) 18.50% 19.12% 19.11% 1m Annualised Prepayment rate (%) 9.96% 8.37% Portfolio Percentages of Outstanding Principal Balance Pool at Cutoff date HP New 17.32% 17.29% 17.48% HP Used 0-3 years 61.22% 61.23% 60.90% HP Used 3-5 years 19.93% 19.97% 19.62% HP Used 5+ years 1.53% 1.51% 1.99% Portfolio Delinquency Schedule Number of Contracts Number of Contracts (%) Outstanding Principal Balance Outstanding Principal Balance (%) (including delinquencies up to 30 days) 49, % 188,131, % Days Delinquent % 1,553, % Days Delinquent % 882, % Days Delinquent % 511, % Days Delinquent % 680, % Total Delinquent % 3,628, % Total Receivables 50, % 191,759, % Defaulted (New) % 16, % Early Settlement (New) % 859, % Voluntary Terminated (New) % 74, % Defaulted (Used) % 152, % Early Settlement (Used) 1, % 3,908, % Voluntary Terminated (Used) % 607, % Total Ended Contracts 1, % 5,617, % Delinquency Profile Number of Contracts Number of Contracts (%) Outstanding Principal Balance Outstanding Principal Balance (%) HP New % 1,303, % HP Used 0-3 years 1, % 5,282, % HP Used 3-5 years % 2,077, % HP Used 5+ years % 115, % Total Delinquent 2, % 8,778, Default Statistics Defaulted Principal Balance Repurchased Balance Subsequent Recoveries Rebate amount/permitted Withdrawal Net Loss During Monthly Period 168,346 67, Cumulative Balance Since Closing 4,039,331 1,615, Cumulative Balance Since Closing (closed cases)* 1,805, ,237 1,256, , ,290 Voluntary Termination Statistics VT Principal Balance Repurchased Balance Subsequent Recoveries Rebate amount/permitted Withdrawal Net Loss During Monthly Period 681, , Cumulative Balance Since Closing 10,257,908 7,180, Cumulative Balance Since Closing (closed cases)* 8,226,371 5,758,460 5,522,251-3,361, ,292. * The net loss, per agreement, is calculable when the underlying loan agreement has closed. Part IV. Credit Enhancement Portfolio Percentages of tional Outstanding Value Class A tes 7.31% Class U tes 92.69% Reserve Fund 6.06% Part V. Collections & Priority of Payments Waterfall Revenue Receipts Plus / Value Revenue Receipts 2,779,395 Interest Income Plus 8,724 Amounts received under any swap agreement Plus 82,134 Amounts standing to the credit of the Reserve Fund Ledger Plus 11,622,033 Available Principal Receipts which are applied to the make up any Revenue Deficiency and Plus Any unused proceeds from Tranche A of the subordinated loan Plus Any surplus following repurchase of final receivables related to the exercise of call options Plus Any Revenue Receipts that have not been applied on the immediately preceding IPD Plus Any repurchased Principal Plus 544,710 Total Available Revenue Receipts 15,036,997 Application of Available Revenue Receipts Plus / Value Total Available Revenue Receipts 15,036,997 Amounts due to Security Trustee 2,250 Amounts due to te Trustee Amounts due to Agent Bank, Paying Agent Amounts due to Cash Manager 3,995 Amounts due to Servicer 7,990 Amounts due to Corporate Servicer Provider Amounts due to the Account Bank Amounts due to Auditors and other professional advisers Amounts due for Administrator Incentive Recovery Fee Amounts due to 3rd party creditors Payments due under Interest Rate Swap Agreement 460,021 Class A1 te Interest 18,770 Currency Swap agreement to pay Class A2 note interest 27,681 Replenish Reserve Fund to the Reserve Fund Required Amount 11,622,033 Replenish Principal Deficiency Ledger 850,306 Class U note interest 345,747 Subordinated swap amounts Issuer Profit 416 Interest due and payable to the subordinated loan provider 3,578 Repayment of Subordinated Loan Principal Deferred Purchase Price 1,694,210 Total 0

3 Available Principal Receipts Plus / Value Principal Receipts 9,870,703 Unscheduled Principal Receipts Plus 5,441,835 Amounts credited from Principal Deficiency Ledger Plus 850,306 Amounts released from Reserve Fund on Final Class A Interest Payment Date Plus 0 Principal Receipts not applied on immediately preceding IPD Plus 97,497 Total Available Principal Receipts 16,260,341 Application of Available Principal Receipts Plus / Value Available principal receipts 16,260,341 Revenue Deficiency in respect of senior expenses and the Class A tes 0 Class A1 Principal Amount 8,035,354 Sterling Equivalent of Class A2 Principal Amount 8,224,988 Class U Principal Amount (after repayment of Class A tes) 0 Surplus Available Principal Receipts to be applied as Available Revenue Receipts 0 Total General Reserve Plus / Value Reserve Fund Required Amount 11,622,033 Reserve Fund Opening Balance 11,622,033 Reserve Fund Drawings 0 Balance at end of period 11,622,033 Principal Deficiency Ledger Plus / Value Opening Balance 0 Debit Plus 850,306 Credit 850,306 Closing Balance 0 Part V. Counterparty Ratings / Trigger Events Perfection of Title Events Unremedied breach of representation or warranty by Seller Payment default by the Seller Insolvency Event occurs in relation to Seller Servicer Default Lloyds TSB Bank ceases to have a rating of at least Baa2 Yes / Collection Account Bank Short Term Rating (Fitch / Moody's) F1 / P-1 Long Term Rating (Fitch / Moody's) Short Term Rating Requirement (Fitch / Moody's) F1 / P-1 Long Term Rating Requirement (Fitch / Moody's)* A / A1 Requirement met? Yes Account Bank and GIC Provider Short Term Rating (Fitch / Moody's) F1 / P-1 Long Term Rating (Fitch / Moody's) Short Term Rating Requirement (Fitch / Moody's) F1 / P-1 Long Term Rating Requirement (Fitch / Moody's)* A / A1 Requirement met? Yes Interest Rate Swap Guarantor Short Term Rating (Fitch / Moody's) F1 / P-1 Long Term Rating (Fitch / Moody's) Short Term Rating Requirement (Fitch / Moody's) F1 / P-1 Long Term Rating Requirement (Fitch / Moody's)* Requirement met? Yes Servicer Guarantor Short Term Rating (Fitch / Moody's) F1 / P-1 Long Term Rating (Fitch / Moody's) Short Term Rating Requirement (Fitch / Moody's) NA Long Term Rating Requirement (Fitch / Moody's) BBB- / Baa3 Requirement met? Yes Currency Swap Counterparty Short Term Rating (Fitch / Moody's) F1 / P-1 Long Term Rating (Fitch / Moody's) Short Term Rating Requirement (Fitch / Moody's) F1 / P-1 Long Term Rating Requirement (Fitch / Moody's)* Requirement met? Yes *The Fitch requirements for these long term ratings rise to A+ if the Counterparty in question is on rating watch negative. Part VI. Termination Events etc Servicer Termination Event occurred? Potential Servicer Termination Event occurred? Cash Manager Termination Event occurred? Potential Cash Manager Termination Event occurred? Change of Control Event occurred? Event of Default occurred? Potential Event of Default occurred?

4 CARDIFF AUTO RECEIVABLES SECURITISATION INVESTOR REPORT Monthly Reference Portfolio Report Table I. Receivables - Finance Type Finance Type CARS NEW 8, % 33,153, % 18, % 119,326, % CARS USED UP TO 3YRS 29, % 117,416, % 69, % 416,253, % CARS USED UP TO 5YRS 12, % 38,287, % 27, % 133,785, % CARS USED OVER 5YRS 1, % 2,901, % 4, % 14,282, % Finance Type 500,000, ,000, ,000, ,000, ,000,000 0 CARS NEW CARS USED UP CARS USED UP CARS USED OVER TO 3YRS TO 5YRS 5YRS Table II. Receivables - Outstanding Balance Outstanding Principal LESS THAN 2, , % 17,598, % 18, % 24,226, % 2, , , % 47,125, % 30, % 91,634, % 4, , , % 48,508, % 26, % 132,882, % 6, , , % 33,250, % 17, % 122,507, % 8, , , % 19,311, % 10, % 97,501, % 10, , , % 11,199, % 6, % 66,945, % 12, , % 6,161, % 3, % 43,744, % 14, , % 3,707, % 2, % 30,807, % 16, , % 1,845, % 1, % 21,918, % 18, , % 1,336, % % 14,493, % 20, , % 666, % % 11,187, % 22, , % 344, % % 6,931, % 24, , % 224, % % 5,153, % 26, , % 185, % % 3,851, % 28, , % 233, % % 2,492, % 30, , , % % 1,820, % 32, , % 1,545, % 34, , % 1,151, % 36, , % 741, % 38, , % 504, % 40, AND ABOVE % 1,606, % Outstanding Principal 16,000,000 14,000,000 12,000,000 10,000,000 8,000,000 6,000,000 4,000,000 2,000, , , , , , , , , , , , , Table III. Receivables - Seasoning Seasoning , % 289,496, % , % 12,075, % 46, % 275,619, % , % 134,345, % 22, % 85,179, % , % 39,417, % 10, % 29,547, % , % 5,921, % 2, % 3,805, % 8 Seasoning

Table IV. Receivables - Remaining Term Remaining Term 0-12 19,183 37.78% 30,290,732 15.80% 19,415 16.21% 34,362,407 5.03% 13-24 16,637 32.76% 67,197,780 35.04% 29,791 24.87% 115,462,489 16.

24% Remaining Term 5 4 3 2 1 0-12 13-24 25-36 37-48 49-60 Table V. Receivables - Geographic Distribution Geographic Distribution GREATER LONDON 3,713 7.31% 15,008,225 7.83% 8,762 7.31% 53,386,599 9.

01% 25,766,175 3.71% EAST MIDLANDS 2,792 5.50% 11,447,077 5.97% 6,639 5.54% 40,465,537 5.83% WEST MIDLANDS 4,487 8.84% 17,082,022 8.91% 10,633 8.88% 60,787,501 8.76% NORTHERN 3,277 6.45% 12,240,003 6.

5 Table IV. Receivables - Remaining Term Remaining Term , % 30,290, % 19, % 34,362, % , % 67,197, % 29, % 115,462, % , % 94,221, % 28, % 172,070, % % 49, % 27, % 223,397, % , % 138,356, % Remaining Term Table V. Receivables - Geographic Distribution Geographic Distribution GREATER LONDON 3, % 15,008, % 8, % 53,386, % SOUTH EAST 6, % 27,234, % 16, % 99,181, % SOUTH WEST 3, % 12,395, % 8, % 46,084, % EAST ANGLIA 1, % 6,573, % 4, % 25,766, % EAST MIDLANDS 2, % 11,447, % 6, % 40,465, % WEST MIDLANDS 4, % 17,082, % 10, % 60,787, % NORTHERN 3, % 12,240, % 8, % 44,884, % NORTH WEST 6, % 24,109, % 14, % 82,071, % YORKSHIRE & HUMBERSIDE 5, % 19,017, % 12, % 70,453, % SCOTLAND 9, % 36,644, % 22, % 126,474, % WALES 2, % 9,958, % 6, % 34,092, % OTHER % 50, % 0 0 Geographic Distribution Geographic Distribution GREATER LONDON SOUTH WEST EAST MIDLANDS NORTHERN YORKSHIRE & HUMBERSIDE WALES SOUTH EAST EAST ANGLIA WEST MIDLANDS NORTH WEST SCOTLAND OTHER GREATER LONDON SOUTH WEST EAST MIDLANDS NORTHERN YORKSHIRE & HUMBERSIDE WALES SOUTH EAST EAST ANGLIA WEST MIDLANDS NORTH WEST SCOTLAND OTHER Table VI. Receivables - Vehicle Make (Top 10 Concetration) Vehicle Make VAUXHALL 10, % 34,451, % 22, % 115,597, % FORD 9, % 31,997, % 20, % 109,117, % LAND ROVER 1, % 11,627, % 4, % 45,093, % MERCEDES BENZ 2, % 11,348, % 5, % 45,028, % VOLKSWAGEN 2, % 10,243, % 6, % 38,106, % BMW 1, % 8,214, % 4, % 31,891, % PEUGEOT 2, % 8,310, % 6, % 28,955, % RENAULT 2, % 8,165, % 7, % 29,784, % AUDI 1, % 6,287, % 3, % 22,986, % NISSAN 1, % 5,553, % 3, % 19,250, % Total 35, % 136,198, % 84, % 485,812, % Vehicle Make (Top 10 concentration) Vehicle Make (Top 10 concentration) VAUXHALL LAND ROVER VOLKSWAGEN PEUGEOT AUDI FORD MERCEDES BENZ BMW RENAULT NISSAN VAUXHALL LAND ROVER VOLKSWAGEN PEUGEOT AUDI FORD MERCEDES BENZ BMW RENAULT NISSAN

Table VII. Receivables - Yield Distribution Yield Distribution - 0.99% 8 0.02% 20,733 0.01% 15 0.01% 77,104 0.01% 1.00% - 1.99% 28 0.06% 79,860 0.04% 62 0.05% 307,382 0.04% 2.00% - 2.99% 32 0.

07% 218 0.18% 2,147,072 0.31% 6.00% - 6.99% 371 0.73% 864,598 0.45% 1,962 1.64% 9,447,690 1.38% 7.00% - 7.99% 1,027 2.02% 3,548,220 1.85% 4,329 3.61% 23,565,371 3.45% 8.00% - 8.99% 2,499 4.

6 Table VII. Receivables - Yield Distribution Yield Distribution % % 20, % % 77, % 1.00% % % 79, % % 307, % 2.00% % % 85, % % 260, % 3.00% % % 67, % % 224, % 4.00% % % 43, % % 317, % 5.00% % % 130, % % 2,147, % 6.00% % % 864, % 1, % 9,447, % 7.00% % 1, % 3,548, % 4, % 23,565, % 8.00% % 2, % 10,929, % 7, % 48,817, % 9.00% % 4, % 22,716, % 11, % 83,068, % % 5, % 22,400, % 11, % 78,918, % 11.00% % 9, % 39,233, % 19, % 127,645, % 12.00% % 7, % 31,440, % 16, % 99,974, % 13.00% % 6, % 21,350, % 14, % 71,583, % 14.00% % 5, % 16,894, % 11, % 55,380, % 15.00% % 2, % 8,354, % 7, % 31,072, % 16.00% % 2, % 5,699, % 4, % 20,169, % 17.00% % 1, % 3,748, % 3, % 13,372, % 18.00% % % 1,831, % 2, % 7,335, % 19.00% % % 910, % 1, % 3,768, % % % 487, % % 2,196, % 21.00% % % 249, % % 1,334, % 22.00% % % 269, % % 1,010, % 23.00% % % 176, % % 599, % 24.00% % % 133, % % 475, % 25.00% % % 41, % % 237, % 26.00% % % 32, % % 177, % 27.00% % % 10, % % 79, % 28.00% % % 3, % 43, % 29.00% % % 3, % 18, % % 9, % % , % % , % % , % % % % % % % % % % % % % AND ABOVE Yield 25.00% % % Yield Table VIII. Receivables - Vintage Vintage , % 3,608, % , % 718, % 10, % 29,098, % , % 11,330, % 21, % 83,494, % , % 70,209, % 46, % 272,306, % , % 109,501, % 38, % 295,141, % Vintage 300,000, ,000, ,000, ,000, ,000,000 50,000,

Table IX. Receivables - Major Dealer Group (Top 10 Concentration) Dealer Group ARNOLD CLARK AUTOMOBILES LTD 4,549 8.96% 15,110,987 7.88% 10,998 9.18% 52,458,190 7.67% SYNTER GROUP PLC 1,156 2.

40% 18,756,861 2.74% BRISTOL STREET MOTORS 1,467 2.89% 5,513,683 2.88% 3,602 3.01% 20,252,913 2.96% THE CAR PEOPLE LTD 1,434 2.82% 4,667,743 2.43% 2,942 2.46% 14,552,949 2.

93% 0 0 MANN ISLAND FINANCE LTD 570 1.12% 3,526,997 1.84% 1,296 1.08% 11,960,081 1.75% CAR GIANT 0 0 2,597 2.17% 11,759,203 1.72% Total 15,918 31.35% 61,565,480 32.11% 36,207 30.23% 207,477,828 30.

00% ARNOLD CLARK AUTOMOBILES LTD MOTORPOINT OF DERBY LTD BRISTOL STREET MOTORS PENTAGON VAUXHALL PARKS OF HAMILTON TOWNHEAD CAR GIANT Table X.

7 Table IX. Receivables - Major Dealer Group (Top 10 Concentration) Dealer Group ARNOLD CLARK AUTOMOBILES LTD 4, % 15,110, % 10, % 52,458, % SYNTER GROUP PLC 1, % 7,618, % 2, % 25,803, % MOTORPOINT OF DERBY LTD 2, % 7,155, % 5, % 26,711, % PETER VARDY (PERTH) LTD 1, % 6,216, % 2, % 18,756, % BRISTOL STREET MOTORS 1, % 5,513, % 3, % 20,252, % THE CAR PEOPLE LTD 1, % 4,667, % 2, % 14,552, % PENTAGON VAUXHALL 1, % 4,352, % 2, % 13,194, % CAMBRIA 1, % 3,695, % 2, % 12,027, % PARKS OF HAMILTON TOWNHEAD % 3,707, % 0 0 MANN ISLAND FINANCE LTD % 3,526, % 1, % 11,960, % CAR GIANT 0 0 2, % 11,759, % Total 15, % 61,565, % 36, % 207,477, % Dealer Group (Top 10 Concentration) 8.00% 7.00% 6.00% 5.00% 4.00% 3.00% 2.00% 1.00% ARNOLD CLARK AUTOMOBILES LTD MOTORPOINT OF DERBY LTD BRISTOL STREET MOTORS PENTAGON VAUXHALL PARKS OF HAMILTON TOWNHEAD CAR GIANT Table X. Obligor Concentration (Top 10 Concetration) Obligor Concentration Value of Contracts % by Value 1 30, % 2 30, % 3 29, % 4 29, % 5 29, % 6 29, % 7 28, % 8 28, % 9 28, % 10 28, % Total 294, % Table XI Receivables - Principal Outstanding Balance LESS THAN 2, % 58, % % 644, % 2, , , % 3,255, % 11, % 21,309, % 4, , , % 19,128, % 25, % 79,515, % 6, , , % 32,941, % 26, % 115,917, % 8, , , % 31,318, % 18, % 106,870, % 10, , , % 28,386, % 13, % 97,310, % 12, , , % 20,129, % 7, % 66,434, % 14, , , % 15,216, % 5, % 51,384, % 16, , , % 10,133, % 3, % 33,809, % 18, , % 7,503, % 2, % 25,443, % 20, , % 6,545, % % 23,068, % 22, , % 4,012, % % 13,520, % 24, , % 4,273, % % 15,008, % 26, , % 1,978, % % 6,598, % 28, , % 1,499, % % 4,818, % 30, , % 1,492, % % 5,583, % 32, , % 797, % % 2,675, % 34, , % 649, % % 2,860, % 36, , % 395, % % 1,705, % 38, , % 397, % % 1,505, % 40, AND ABOVE % 1,647, % % 7,663, % 30,000,000 Outstanding Balance 25,000,000 20,000,000 15,000,000 10,000,000 5,000, , , , , , , , , , , , ,999.99

8 Table XII. Receivables - Term at Origination Remaining Term % 82, % % 0 6, % 17,737, % , % 12,973, % 27, % 106,555, % , % 40,298, % 30, % 158,639, % , % 138,487, % 55, % 400,634, % Remaining Term Table XIII Receivables - Delinquency Experience. of Contracts % by. Value of Contracts (Mn) % by Value. of Contracts % by. Value of Contracts % by Value 48, % 182,980, % 119, ,649, Deliquent 2, % 8,778, % 0 0 Total 50, % 191,759, % 119, % 683,649, Deliquency Experience Deliquent Table XIV. Receivables - Delinquency Experience All Vehicles DELINQUENT 1-30 DAYS 1, % 5,150, % 1, % 5,582, % DELINQUENT DAYS % 1,553, % % 1,491, % DELINQUENT DAYS % 882, % % 898, % DELINQUENT DAYS % 511, % % 608, % DELINQUENT DAYS % 501, % % 463, % DELINQUENT DAYS % 179, % % 158, % DEFAULTED 4, % 2,118, % 4, % 2,108, % VOLUNTARY TERMINATED 1, % 3,804, % 1, % 3,584, % Total Contracts / Principal Balance 8, % 14,701, % 7, % 14,895, % New Cars DELINQUENT 1-30 DAYS % 830, % % 886, % DELINQUENT DAYS % 182, % % 181, % DELINQUENT DAYS % 131, % % 114, % DELINQUENT DAYS % 68, % % 47, % DELINQUENT DAYS % 78, % % 90, % DELINQUENT DAYS % 11, % % % DEFAULTED % 352, % % 375, % VOLUNTARY TERMINATED % 552, % % 528, % Total Contracts / Principal Balance 1, % 2,208, % 1, % 2,225, % Used Cars - up to 3 yrs DELINQUENT 1-30 DAYS % 3,070, % % 3,385, % DELINQUENT DAYS % 939, % % 918, % DELINQUENT DAYS % 538, % % 566, % DELINQUENT DAYS % 330, % % 410, % DELINQUENT DAYS % 300, % % 258, % DELINQUENT DAYS % 103, % % 108, % DEFAULTED % 1,291, % 2, % 1,280, % VOLUNTARY TERMINATED % 2,426, % 1, % 2,244, % Total Contracts / Principal Balance 4, % 9,000, % 4, % 9,173, % Used Cars - up to 5 yrs DELINQUENT 1-30 DAYS % 1,193, % % 1,247, % DELINQUENT DAYS % 411, % % 363, % DELINQUENT DAYS % 198, % % 204, % DELINQUENT DAYS % 102, % % 130, % DELINQUENT DAYS % 107, % % 106, % DELINQUENT DAYS % 64, % % 49, % DEFAULTED 1, % 433, % 1, % 414, % VOLUNTARY TERMINATED % 763, % % 755, % Total Contracts / Principal Balance 2, % 3,274, % 2, % 3,270, % Used Cars > 5 yrs. of Contracts %by. Value of Contracts %byvalue. of Contracts %by. Value of Contracts %byvalue DELINQUENT 1-30 DAYS % 55, % % 62, % DELINQUENT DAYS % 19, % % 27, % DELINQUENT DAYS % 14, % % 13, % DELINQUENT DAYS % 10, % % 19, % DELINQUENT DAYS % 15, % % 8, % DELINQUENT DAYS % % 0 DEFAULTED % 41, % % 38, % VOLUNTARY TERMINATED % 62, % % 55, % Total Contracts / Principal Balance % 219, % % 225, % Total Used Cars DELINQUENT 1-30 DAYS 1, % 4,320, % 1, % 4,695, % DELINQUENT DAYS % 1,370, % % 1,309, % DELINQUENT DAYS % 750, % % 784, % DELINQUENT DAYS % 443, % % 560, % DELINQUENT DAYS % 423, % % 372, % DELINQUENT DAYS % 167, % % 157, % DEFAULTED 3, % 1,766, % 3, % 1,732, % VOLUNTARY TERMINATED 1, % 3,251, % 1, % 3,055, % Total Contracts / Principal Balance 7, % 12,493, % 6, % 12,669, % % % % All Vehicles - Delinquencies () All Vehicles - Delinquencies () % % % % DELINQUENT DELINQUENT 1-30 DAYS DELINQUENT DAYS DELINQUENT DAYS DELINQUENT DAYS DELINQUENT DAYS DAYS DEFAULTED % DELINQUENT DELINQUENT 1-30 DAYS DELINQUENT DAYS DELINQUENT DAYS DELINQUENT DAYS DELINQUENT DAYS DAYS DEFAULTED All Vehicles New Cars Used Cars - up to 3 yrs Used Cars - up to 5 yrs Total Used Cars All Vehicles New Cars Used Cars - up to 3 yrs Used Cars - up to 5 yrs Total Used Cars

9 Table XVI. Principal Maturity Analysis Month. of Contracts % by. Value of Contracts (Mn) % by Value. of Contracts % by. Value of Contracts % by Value 1 50, ,759, , ,649, , % 181,905, % 119, ,464, % 3 47, % 172,329, % 118, % 640,963, % 4 46, % 162,993, % 117, % 619,539, % 5 45, % 153,890, % 115, % 598,261, % 6 43, % 144,870, % 113, % 577,199, % 7 42, % 136,071, % 111, % 556,400, % 8 40, % 127,456, % 109, % 535,847, % 9 38, % 119,243, % 107, % 515,520, % 10 36, % 111,342, % 105, % 495,524, % 11 34, % 103,807, % 103, % 475,808, % 12 33, % 96,592, % 102, % 456,326, % 13 31, % 89,701, % 100, % 436,902, % 14 30, % 83,169, % 98, % 417,770, % 15 29, % 76,819, % 95, % 398,838, % 16 28, % 70,635, % 92, % 380,456, % 17 27, % 64,624, % 89, % 362,434, % 18 26, % 58,681, % 87, % 344,861, % 19 24, % 52,964, % 84, % 327,733, % 20 23, % 47,431, % 81, % 311,074, % 21 21, % 42,262, % 79, % 294,838, % 22 19, % 37,379, % 76, % 279,085, % 23 18, % 32,807, % 74, % 263,748, % 24 16, % 28,583, % 72, % 248,788, % 25 14, % 24,751,431, 12.91% 70, % 233,969,008, 34.22% 26 13, % 21,287, % 68, % 219,501, % 27 12, % 18,105, % 64, % 205,374, % 28 11, % 15,180, % 61, % 191,891, % 29 10, % 12,461, % 58, % 178,935, % 30 9, % 9,831, % 56, % 166,574, % 31 8, % 7,481, % 53, % 154,739, % 32 6, % 5,362, % 50, % 143,446, % 33 5, % 3,624, % 48, % 132,713, % 34 3, % 2,240, % 47, % 122,316, % 35 2, % 1,198, % 45, % 112,228, % 36 1, % 424, % 43, % 102,434, % % 2,442 41, % 92,776, % , % 83,490, % , % 74,518, % , % 66,189, % , % 58,349, % , % 51,010, % , % 44,275, % , % 38,160, % , % 32,668, % , % 27,651, % , % 23,072, % , % 18,856, % 49 14, % 14,797, % 50 12, % 11,200, % 51 9, % 7,977, % 52 7, % 5,372, % 53 5, % 3,299, % 54 3, % 1,734, % 55 1, % 614, % % 3,510 Total contract/balance 50, ,759, , ,649,055 % of current principal balance % of original principal balance Month Month

10 CARDIFF AUTO RECEIVABLES SECURITISATION INVESTOR REPORT Monthly Reference Portfolio Report DEAL OVERVIEW Defaulted Contract Delinquent Contract Any contract that has been terminated prior to the scheduled contract end date, including due to Fraud, Unable to Trace Borrower, Borrower is Deceased, VT with Liability, Repossession, Litigations, Agreement Revised in method unacceptable to the Securitisation, Insolvencey, Bad Debt Write Off Any contract that was past due at the end of the current period. Early Settlement Voluntary Termination Any contract that was early settled by the borrower Any contract that has been terminated by the Borrower after paying 50% of the total amount due under the the contract, as allowed under the Consumer Credit Act. te - treated as default for purpose of the securitisation

Albion No3 plc - Investor Report

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