Securities and Exchange Commission Washington, DC 20549 Form 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report: October 11, 2000 Newcourt Equipment Trust Securities 1998-2 A New York Commission File I.R.S. Employer Corporation NO. 333-34793 No. 13-7135550 c/o AT&T Capital Corporation 650 Cit Drive Livingston, NJ 07039 Telephone Number (973) 535-5909 Page 1 of 8 Newcourt Equipment Trust Securities 1998-2 Monthly Servicing Report Determination Date: October 11, 2000 Payment Date: October 16, 2000 Collection Period: September 30, 2000

~~----------------------------------------------------------------------------------------------~~Item %5. ofOther ~~Aggregate~~I. ~~Number~~Information ofRegarding %the ofContracts ~~Aggregate~~1. ~~Required~~Contract ~~Required~~Pool ~~Payoff~~Principal ~~Contracts~~Balance ~~Contracts~~a. ~~Payoff~~Beginning ~~Amounts~~of ~~Amounts~~Collection ~~----------------------------------------------------------------------------------------------~~Period a$ 607,325,128 b. ~~Current~~End 25of Collection Period $ 577,~~230~~937,266 90c.~~45%~~ Reduction for Collection Period $~~217~~ 29,~~353~~387,~~245~~862 892.~~79%~~ bDelinquent Scheduled Payments a. ~~31-60~~Beginning ~~days~~of 1Collection Period $ 10,~~330~~956,416 4b.~~77%~~ End of Collection Period $ 11,~~795~~642,~~125~~373 43.~~87%~~ cLiquidated Contracts a. ~~61-90~~Number ~~days~~of ~~621~~Liquidated 2Contracts 284 with respect to Collection Period --- b.~~23%~~ Required Payoff Amounts of Liquidated Contracts $ 51,~~988~~895,~~814~~602 2c.~~47%~~ Total Reserve for Liquidation Expenses $ - d. ~~91-120~~Total ~~days~~Liquidation ~~342~~Proceeds ~~1.23%~~Received $ 3252,~~688,307~~725 1e.~~52%~~ eLiquidation Proceeds Allocated to Owner Trust $ 252,725 f. ~~120+~~Liquidation ~~days~~Proceeds ~~371~~Allocated 1to Depositor $ - g.~~33%~~ Current Realized Losses $ 31,~~251~~642,~~973~~877 14.~~34%~~ fPrepaid Contacts a. ~~Total~~Number ~~27,894~~of ~~100~~Prepaid Contracts with respect 206 to Collection Period --- b.~~00%~~ Required Payoff Amounts of Prepaid Contracts $~~242~~ 4,~~077~~033,~~465~~301 ~~100~~5.~~00%~~ Purchased Contracts (by TCC) a. Number of Contracts Purchased by TCC with 0 respect to Collection Period --- b. Required Payoff Amounts of Purchased Contracts $ -

Page 2 of 8

6. Delinquency Status of Contracts (End of Collection Period) ------------------------------------------------------------------------------~~--------------------------------------------------~~ % of %Aggregate ofNumber % of % of Aggregate ~~Aggregate Aggregate Aggregate~~ Required ~~Payoff~~ Required Payoff ~~Required~~Contracts ~~Payoff~~Contracts ~~Required~~ Payoff Amounts Amounts ~~Amounts Amounts Collection Periods 31~~-~~60 Days Past Due 61~~-~~90 Days Past Due 91~~-~~120 Days Past Due 120+ Days Past Due~~ ---------------------------------------------------------------------------~~-----------------------------------------------------~~ ~~09/30/00 4~~a.~~87%~~ ~~2.47%~~Current ~~1.52%~~45,953 190.3487% ~~08/31/00~~$ ~~4.78%~~544,008,068 292.8227% 1b.~~18%~~ ~~1.35% 07/~~31~~/00~~-60 ~~5.09%~~days 2~~.58%~~,413 ~~1.17% 1.33% 06/30/00 5.62% 2.56% 1.09% 1.56% 05/31/00~~ 4.6377% ~~1.83%~~$ ~~1.16%~~26,659,500 ~~1.57% 04/30/00~~ 4.9252% 2c.~~47%~~ ~~1.45%~~61-90 ~~1.34%~~days ~~03/31/00 5.20% 2.85%~~ 1~~.14%~~,076 ~~1.25% 02/29/00 6.39%~~ 2.8313% ~~1.32%~~$ ~~1.63%~~9,274,008 ~~01/31/00 5.70% 2.42%~~ 1.3057% 1d.~~55%~~ ~~12/31/99~~91-120 ~~5.66%~~days ~~2.51%~~557 1.~~39% 1.25% 11/30/99 5.55% 2.46% 1.24% 1.39%~~ 10~~/31/99 5.24~~% ~~2.77%~~$ ~~1.17% 1.45% 09/30/99 5.19% 2.14% 1.13% 1.38% 08/31/99~~ 4~~.43%~~,827,714 ~~2.01% 1.19% 1.22% 07/31/99 4.53% 2.14% 1.21% 1.27% 06/30/99 5.01% 2.02% 1.19% 1.31% 05/31/99 5.77% 2.37% 1.10% 1.38% 04/30/99 5.01% 2.11%~~ 0.8682% 1e.~~09%~~ ~~03/31/99~~120+ ~~5.41%~~days ~~2.06%~~571 ~~0.92%~~ 1.1513% ~~02/28/99~~$ 5.60% 2.08% 1.15% 1.24% 01/31/99 5.46% 2.19% 0.94% 1.11% 12/31/98 5.26% 1.86% 0.90% 0.93% 11/30/98 5.07% 1.66% 0.78% 0.88% 10/31/98 3.93% 1.32% 0.66% 0.98% 09/30/98 3.98% 1.18% 0.62% 0.94% 08/31/98 3.34% 1.23% 0.53% 0.60% 07/31/98 3.28% 1.12% 0.52% 0.85% 06/30/98 2.76% 1.14% 0.58% 0.81% 05/31/98 3.63% 1.12% 0.61% 0.75% 4~~/30/98~~,810,348 ~~3.46% 1.03%~~ 0.6382% 0f.~~69%~~ ~~3/31/98~~Total ~~3.30%~~50,570 1100.2600% ~~0.51%~~$ ~~0.63%~~589,579,638 ~~2/28/98 6~~100.~~09% 1.42% 0.59% 0.52% 1/31/98 3.34% 0.96% 0.41% 0.26% 12/31//97 3.17% 0.86% 0.36% 0.01% 11/30/97 2.89% 0.49% 0.~~00% ~~0.00%~~

7. Historical Delinquency Experience with Respect to Contracts -------------------------------------------------------------------------------------------------------------------------- ~~Collection~~% 3of ~~Collection~~% 6of ~~Collection~~% ~~Periods~~of ~~Cumulative~~% ~~Since~~of ~~Period~~Aggregate ~~Periods~~Aggregate ~~Ending~~Aggregate ~~Ending~~Aggregate ~~Cut-off~~Required ~~Date~~Payoff ~~September~~Required Payoff Required Payoff Required Payoff Amounts Amounts Amounts Amounts Collection Periods 31-0060 ~~September~~Days Past Due 61-0090 ~~September~~Days Past Due 91-00120 Days Past Due 120+ Days Past Due -------------------------------------------------------------------------------------------------------------------------- a9/30/00 4.52% ~~Number~~1.57% of0.82% ~~Liquidated~~0.82% ~~Contracts~~8/31/00 ~~215~~3.85% ~~601~~1.89% 0.78% 0.78% 7/31/00 4.22% 1~~,142~~.69% ~~8,608~~0.81% b1.06% ~~Number~~6/30/00 of4.02% ~~Liquidated~~1.77% 0.~~284~~87% 0.~~794~~98% 5/31/00 4.37% 1.~~510~~59% 110.~~379~~88% ~~Contracts~~0.91% as4/30/00 a4.45% ~~Percentage~~1.75% of0.77% ~~Initial~~0.94% ~~Contracts~~3/31/00 c4.33% ~~Required~~1.68% ~~Payoff~~0.82% ~~Amounts~~0.90% of2/29/00 5.27% 1~~,337,586~~.81% ~~4,607,670~~0.85% ~~9,042,197~~1.13% ~~72,013,907~~1/31/00 ~~Liquidated~~5.21% ~~Contracts~~1.73% d0.97% ~~Liquidation~~1.06% ~~Proceeds~~12/31/99 ~~Allocated~~5.36% ~~168,021~~1.89% ~~598,256~~1.00% 1~~,666,183~~.02% 11~~,517,672~~/30/99 to5.15% ~~Owner~~1.75% ~~Trust~~1.10% e1.18% ~~Aggregate~~10/31/99 ~~Current~~5.05% ~~Realized~~1.91% 1~~,169,565~~.04% 0.95% 9/30/99 4~~,009,414~~.32% 1.77% 0.72% 0.92% 8/31/99 4.44% 1.58% 0.68% 0.79% 7~~,376,013~~/31/99 ~~60,496,236~~4.50% ~~Losses~~1.51% f0.82% ~~Aggregate~~0.71% ~~Current~~6/30/99 ~~Realized~~4.21% 1.83% 0.~~102~~67% 0.~~350~~67% 5/31/99 5.11% 1.70% 0.~~643~~68% 0.58% 4/30/99 4.19% 1.28% 0.53% 0.52% 03/31/99 4.41% 1.34% 0.56% 0.54% 02/28/99 5.~~275~~64% ~~Losses~~1.79% as0.58% a0.45% ~~Percentage~~01/31/99 of5.45% ~~Cut-off~~1.51% ~~Date~~0.69% ~~Contract~~0.01% ~~Pool~~12/31/98 ~~Principal~~4.64% ~~Balance~~1.30% 0.01% 0.01%

8. Historical Loss Experience With Respect to Contracts ---------------------------------------------------------------------------------~~---------------------~~ ~~Principal~~Collection ~~Balance~~3 asCollection of6 ~~Class~~Collection ~~Factor~~Periods asCumulative ofSince ~~Class~~Period ~~Coupon~~Periods ~~October~~Ending ~~16,~~Ending ~~2000~~Cut-off ~~October 16, 2000 Rate Payment~~ Date ~~Payment~~September-00 ~~Date~~September-00 September-00 ---------------------------------------------------------------------------------~~--------------------~~ a. ~~Class~~Number ~~A-1~~of ~~Notes~~Liquidated 5Contracts b.~~790000%~~ $0Number ~~0.00000~~of b.Liquidated ~~Class~~284 ~~A-2~~837 ~~Notes~~1,458 ~~6.030000%~~4,621 $0Contracts ~~0.00000~~as a Percentage of Initial Contracts c. ~~Class~~Required ~~A-3~~Payoff ~~Notes~~Amounts 6of 0.~~120000~~406% $01.196% 02.~~00000~~083% 6.603% Liquidated Contracts d. ~~Class~~Liquidation ~~A-4~~Proceeds ~~Notes~~Allocated 1,895,602 6~~.190000%~~,575,680 ~~$124~~12,~~879~~504,~~041~~817 ~~0.47808~~48,250,160 to Owner Trust e. ~~Class~~Aggregate ~~A-5~~Current ~~Notes~~Realized ~~6.746250%~~252,725 ~~$13~~825,~~968~~219 2,~~424~~729,766 ~~0.13303~~5,982,727 Losses f. ~~Class~~Aggregate BCurrent ~~Notes~~Realized ~~6.450000%~~1,642,877 ~~$68~~5,~~820~~750,~~000~~461 ~~1.00000~~9,775,051 g.42,267,433 ~~Class~~Losses Cas ~~Notes~~a ~~(Quarterly~~Percentage ~~Paying)~~of ~~6.480000%~~Cut-off ~~$34,410,000~~Date ~~1.00000~~Contract h.Pool ~~Total~~Principal NBalance 0.A122% 0.428% ~~$242,077,465~~ 0.~~21106~~728% 3.148%

Page 3 of 8 II. Information Regarding the Securities

1. Summary of Balance Information -------------------------------------------------------------------------------------------------------------------------------- Principal Balance as of Class Factor as of Principal Balance as of Class Factors as of Class Coupon October 16, 2000 October 16, 2000 September 15, 2000 September 15, 2000 Rate Payment Date Payment Date Payment Date Payment Date -------------------------------------------------------------------------------------------------------------------------------- a. Class A-1 Notes 5.195000% $ 0 0.00000 $ 0 0.00000 b. Class A-2 Notes 5.290000% $ 0 0.00000 $ 0 0.00000 c. Class A-3 Notes 5.450000% $233,600,662 0.49702 $255,969,263 0.~~00000~~54461 d. Class A-4 Notes 5.450000% $~~138~~201,~~017~~430,~~206~~384 01.~~52838~~00000 $201,430,384 1.00000 e. Class A-5 Notes 5.500000% $15 60,~~438~~726,~~002~~143 0.~~14703~~49422 $ 63,094,050 0.51349 f. Class B Notes 5.660000% $68 10,~~820~~275,~~000~~652 10.~~00000~~66539 $ 10,709,969 0.69352 g. Class C Notes ~~(Quarterly~~6.190000% ~~Paying)~~$ 33,954,804 0.66540 $34 35,~~410~~389,~~000~~900 10.~~00000~~69352 h. Class D Notes 7.210000% $ 49,591,992 0.66540 $ 51,687,978 0.69353 I. Total N.A. $~~256~~589,~~685~~579,~~208~~638 0.~~22380~~43904 $618,281,543 0.46042

Note: Aggregate Required Payoff Amount of all contracts at the end of the collection period is $589,579,638.21 and the CCA Balance is $58,685,154.42.

~~---------------------------------------------------------------------------------------------------------~~2. ~~Item~~Monthly Principal Amount ~~Remaining Available Funds ---------------------------------------------------------------------------------------------------------~~ a. ~~Total~~Principal ~~Available~~Balance ~~Funds~~of ~~16,216,522~~Notes b.and ~~Servicing~~Equity ~~Fee~~Certificates ~~260,712~~(End ~~15,955,810~~of c.Prior ~~Interest~~Collection ~~on Notes: i~~Period) ~~Class~~$ ~~A-1 Notes - 15~~618,~~955~~281,~~810~~543 ~~ii)~~b. ~~Class~~Contract ~~A-2~~Pool ~~Notes~~Principal -Balance ~~15,955,810~~(End ~~iii)~~of ~~Class~~Collection ~~A-3~~Period) ~~Notes~~$ ~~- 15~~577,~~955~~937,~~810~~266 ~~iv)~~c. ~~Class~~Monthly ~~A-4~~Principal ~~Notes~~Amount ~~711,939~~$ 1540,~~243~~344,~~871~~277 v)3. ~~Class~~Gross ~~A-5~~Collections ~~Swap~~a. ~~Net~~Scheduled ~~Settlement~~Payments ~~(9,277)~~Received 15$ 26,~~253~~314,~~148~~500 ~~vi)~~b. ~~Class~~Liquidation ~~A-5~~Proceeds ~~Notes~~Allocated ~~89,684~~to ~~15,163,465~~Owner ~~vii)~~Trust ~~Class~~$ B252,725 ~~Notes~~c. ~~369,908~~Required ~~14,793,557~~Payoff ~~vii)~~Amounts ~~Class~~of CPrepaid ~~Funding~~Contracts ~~Account~~$ ~~185~~4,~~814 14~~033,~~607,743~~301 d. ~~Principal~~Required onPayoff ~~Notes:~~Amounts i)of ~~Class~~Purchased ~~A-1~~Contracts ~~Notes~~$ - ~~14,607,743~~e. ~~ii)~~Proceeds ~~Class~~of AClean-2up ~~Notes~~Call $ - ~~14,607,743~~f. ~~iii)~~Investment ~~Class~~Earnings ~~A-3~~on ~~Notes~~Collection -Account ~~14,607,743~~and ~~iv)~~Note ~~Class~~Distribution. ~~A-4~~$ ~~Notes 13~~86,~~138,165~~199 ~~1,469,578~~g. v)Extension ~~Class~~Fees ~~A-5~~Allocated ~~Notes~~to ~~1,469,578~~Owner Trust $ - ~~vi)~~h. ~~Class~~Total BGross ~~Notes~~Collections -(sum -of ~~vii~~(a) ~~Class~~through C(g)) ~~Funding~~$ ~~Account~~30,686,725 ~~- - e~~4. ~~Deposit~~Determination toof ~~Cash~~Available -Funds -30686724.79 ~~Collateral Account f~~a. ~~Amount~~Total toGross beCollections ~~applied~~$ in1,557,975 -b. -Withdrawal ~~accordance~~from ~~with~~Cash ~~CCA~~Collateral ~~Loan~~Account ~~Agreement~~$ ~~g. Balance~~32, ~~if any~~244,700 toc. ~~Equity~~Total ~~Certificates~~Available ~~- -~~Funds

5. Application of Available Funds -------------------------------------------------------------------------------~~-----------------------------------~~ Item Amount Remaining Available Funds ------------------------------------------------------------------------------- a. Total Available Funds $ 32,244,700 b. Servicing Fee $ 632,630 $ 31,612,070 c. Interest on Notes: i) Class A-1 Notes $ - $ 31,612,070 ii) Class A-2 Notes $ - $ 31,612,070 iii) Class A-3 Notes $ 1,162,527 $ 30,449,543 iv) Class A-4 Notes $ 914,830 $ 29,534,713 v) Class A-5 Notes $ 289,181 $ 29,245,532 vi) Class B Notes $ 50,515 $ 29,195,017 vii) Class C Notes $ 182,553 $ 29,012,464 viii) Class D Notes $ 310,559 $ 28,701,905 d. Principal of Notes i) Class A-1 Notes $ - $ 28,701,905 ii) Class A-2 Notes $ - $ 28,701,905 iii) Class A-3 Notes $22,368,600 $ 6,333,305 iv) Class A-4 Notes $ - $ 6,333,305 v) Class A-~~--------------------~~5 a.Notes ~~Total~~$ ~~Available~~2,367,907 ~~Funds~~$ ~~371~~3,~~628~~965,398 b.vi) ~~Interest~~Class toB Notes $ 434,317 $ 3,531,081 vii) Class C ~~Note~~Notes ~~Holders~~$ 01,435,095 ~~371~~$ 2,~~628~~095,985 cviii) Class D Notes $ 2,095,985 $ - e. ~~Principal~~Deposit to ~~Class~~Cash CCollateral ~~Note~~Account ~~Holders~~$ 0- ~~371~~$ - f. Amount to be applied in accordance with CCA Loan Agreement $ - $ - g Balance,~~628~~ if any, to Equity Certificates $ - $ -

Page 4 of 8 III. Information Regarding the Cash Collateral Account

1. Balance Reconciliation ----------------------------------------------------------------------------------------~~---------------------------~~ October 16, 2000 Item Payment Date ----------------------------------------------------------------------------------------~~---------------------------~~ a. Available Cash Collateral Amount (Beginning) ~~$ 27~~60,~~675~~243,~~451~~130 b. Deposits to Cash Collateral Account ~~(II.5(f)) $~~ - c. Withdrawals from Cash Collateral Account ~~$ 952~~1,~~315~~557,975 d. Releases of Cash Collateral Account Surplus $- ~~159,151~~ (Excess, if any of (a) plus (b) minus (c) over (f)) e. Available Cash Collateral Amount (End) ~~$ 26~~58,~~563~~685,~~985~~154 (Sum of (a) plus (b) minus (c) minus (d)) f. Requisite Cash Collateral Amount ~~$ 26~~59,~~563~~322,~~985~~197 g. Cash Collateral Account Shortfall 637,042 (Excess, if any, of (f) over (e)) ~~$ -~~ 2. Calculation of Requisite Cash Collateral Amount a. For Payment Dates from, and including, the ~~December~~January ~~1997~~1999 Payment Date to, and including, the December ~~1998~~1999 Payment Date 1) Initial Cash Collateral Amount ~~$ 83~~94,~~153~~000,~~171~~846 b. For Payment Dates from, and including, the ~~November~~January ~~1998~~2000 Payment Date until the Final Payment Date, the sum of 1) 8.525% of the Contract Pool Principal Balance ~~$ 20~~47,~~020~~679,~~378~~824 2) The Aggregate Principal Balance of the Notes and the Equity Certificate Balance less the ~~$ 6,543,607~~ Contract Pool Principal Balance 11,642,372 3) Total ((1) plus (2)) ~~$ 26~~59,~~563~~322,~~985~~197 c. Floor equal to the lesser of 1) 21.25% of Cut-Off Date Contract Pool Principal ~~$ 22,938,806~~ Balance ($2216,~~938~~785,~~806~~865); and 16,785,865 2) the Aggregate Principal Balance of the Notes ~~$242~~and the Equity Certificate Balance 589,~~077~~579,~~465~~638 d. Requisite Cash Collateral Amount ~~$ 26~~59,~~563~~322,~~985~~197 3. Calculation of Cash Collateral Account Withdrawals a. Interest Shortfalls $ - b. Principal Deficiency Amount ~~$ 952~~1,~~315~~557,975 c. Principal Payable at Stated Maturity Date of ~~$ -~~ Class of Notes or Equity Certificates - d. Total Cash Collateral Account Withdrawals ~~952~~1,~~315~~557,975

Page 5 of 8 IV. Information Regarding Distributions on Securities

----------------------------------------------------------------------------------------------------~~--------------------------~~ Distribution Class A-1 Class A-2 Class A-3 Class A-4 Amounts Notes Notes Notes Notes -----------------------------------------------------------------------------------------------------~~-------------------------~~ 1. Interest Due $ - $ - $ -1,162,527 $ ~~711~~914,~~939~~830 2. Interest Paid $ - $ - $ -1,162,527 $ ~~711~~914,~~939~~830 3. Interest Shortfall $ - $ - $ - $ - ((1) minus (2)) 4. Principal ~~Due~~Paid $ - $ - $ ~~- $13~~22,~~138~~368,~~165~~600 ~~5. Principal Paid~~ $ - ~~$ - $ - $13,138,165 6~~5. Total Distribution Amount $ - $ - $ -23,531,127 $13 914,~~850,104~~830 ((2) plus (4))

-------------------------------------------------------------------------------------------------------------~~-----------~~ Distribution Class A-5 Class B Class C Class D Amounts Notes Notes Notes Notes Totals -------------------------------------------------------------------------------------------------------------~~-----------~~ 1. Interest Due $ 89289,~~684~~181 $~~369~~ 50,~~908~~515 $ -182,553 $ 1310,~~171~~559 $ 2,~~530~~910,165 2. Interest Paid $ 89289,~~684~~181 $~~369~~ 50,~~908~~515 $ -182,553 $ 1310,~~171~~559 $ 2,~~530~~910,165 3. Interest Shortfall $ - $ - $ - $ - $ - ((1) minus (2)) 4. Principal ~~Due~~Paid $ 12,~~469~~367,~~578~~907 $ -434,317 $ ~~- $14~~1,~~607~~435,~~743~~095 ~~5. Principal Paid~~ $ 12,~~469~~095,~~578~~985 $ ~~- $ - $14~~28,~~607~~701,~~743~~905 65. Total Distribution Amount $ 12,~~559~~657,~~261~~088 $~~369~~ 484,~~908~~833 $ -1,617,648 $15 2,~~779~~406,~~273~~544 $ 31,612,070 ((2) plus (4))

V. Information Regarding Other Pool Characteristics ------------------------------------------------------------------------------------------------~~--------------------------~~ As of End of As of End of Item September-00 August-00 Collection Period Collection Period -------------------------------------------------------------------------------------------------~~-------------------------~~ 1. Original Contract Characteristics a. Original Number of Contracts 7569,~~651~~983 N.A. b. Cut-Off Date Contract Pool $1,~~146~~342,~~940~~869,~~285~~226 N.A. Principal Balance c. Original Weighted Average 46.630 N.A. Remaining Term ~~(in months)~~ d. Weighted Average ~~Original Term 53~~56.750 N.A. ~~(in~~Original ~~months)~~Term 2. Current Contract Characteristics a. Number of Contracts 2750,~~894~~570 2951,~~014~~919 b. Average Contract ~~Principal Balance~~ $811,~~444~~428 $811,~~626~~698 Principal Balance c. Weighted Average ~~Remaining Term 21~~30.1 2130.98 Remaining Term

Page 6 of 8

VI. Newcourt Equipment Trust Securities 1998-2 Prepayment Schedule -------------------------------------------------------~~----~~ ----------------------------------------------------~~-------~~ Payment Date Since Issue Payment Date Since Issue Period CPR Period CPR -------------------------------------------------------~~-----~~ ----------------------------------------------------~~-------~~ 10 December-9798 ~~-0.436%~~14 ~~21 August~~Feb-9900 7.~~940~~416% 21 January-~~98 5.709% 22 September-~~99 81.~~047~~060% 315 ~~February~~Mar-9800 67.~~693~~402% 232 ~~October~~Feb-99 ~~7.776%~~ 4 ~~March-98 6~~.~~904~~881% 2416 ~~November~~Apr-9900 7.~~545~~666% 53 ~~April~~Mar-~~98 7.280% 25 December-~~99 79.~~700~~207% 617 May-~~98 7.462% 25 January-~~00 7.~~607~~357% 74 ~~June~~April-9899 610.~~903~~595% 2618 ~~February~~Jun-00 ~~8.193% 8 July-98~~ 7.~~298~~546% 275 ~~March~~May-0099 810.~~215~~294% 919 ~~August~~Jul-~~98 7.115% 28 April-~~00 ~~8.508% 10 September-98~~ 7.~~118~~511% 296 ~~May~~Jun-0099 89.~~326~~272% 1120 ~~October~~Aug-~~98 6.694% 30 June-~~00 87.~~519~~296% 127 ~~November~~Jul-9899 69.~~643~~814% 3121 ~~July~~Sep-00 ~~8.585% 13 December-98~~ 7.~~065~~425% ~~32 August-00~~ 8~~.417%~~ ~~14 January~~Aug-99 78.~~152~~969% 3322 ~~September~~Oct-00 87.~~565~~386% 159 ~~February~~Sep-99 ~~7.261% 34 October-00~~ 8.~~449~~813% 1610 ~~March~~Oct-99 78.~~336~~067% 1711 ~~April~~Nov-99 7.~~666~~852% 1812 ~~May~~Dec-99 7.~~937~~803% 1913 ~~June~~Jan-9900 7.~~515~~484% ~~20 July-99 7.873%~~

Page 7 of 8 VII. Purchased, Liquidated and Paid Contracts A computer listing of all purchased, liquidated and paid contracts has been provided to the Indenture Trustee. Servicer's Certificate The undersigned, on behalf of AT&T Capital Corporation, in its capacity as servicer (the "Servicer") under the Transfer and Servicing Agreement, dated as of December 1, 1998 (the "Transfer and Servicing Agreement"), among Newcourt Equipment Trust Securities 1998-2, Antigua Funding Corporation, The Bank of New York, as trustee under the Indenture, and AT&T Capital Corporation, in its individual capacity and as Servicer, DO HEREBY CERTIFY that I am a Responsible Officer of the Servicer and, pursuant to Section 3.9 of the Transfer and Servicing Agreement, I DO HEREBY FURTHER CERTIFY the following report with respect to the Payment Date occurring on October 16, 2000. This Certificate shall constitute the Servicer's Certificate as required by Section 3.9 of the Transfer and Servicing Agreement with respect to the above Payment Date. Any term capitalized but not defined herein shall have the meaning ascribed thereto in the Transfer and Servicing Agreement. AT&T Capital Corporation Glenn Votek ----------- Glenn Votek Executive Vice President, and Treasurer Page 8 of 8

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