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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

Form 10-Q

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 30, 2002

Registration File No. 333-40708-02

D. L. Peterson Trust
(Exact name of Registrant as specified in its charter)

Delaware (State or other jurisdiction of incorporation or organization)		11-3499573 (I.R.S. Employer Identification Number)
307 International Circle Hunt Valley, Maryland (Address of principal executive office)		21030 (Zip Code)

(410) 771-1900
(Registrant's telephone number, including area code)

Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities and Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days: Yes ý No o

D. L. Peterson Trust
Index

		Page
PART I	Financial Information
Item 1.	Financial Statements
	Condensed Statements of Operations and Trust Equity for the three and nine months ended September 30, 2002 and 2001	2
	Condensed Balance Sheets as of September 30, 2002 and December 31, 2001	3
	Notes to Condensed Financial Statements	4
Item 2.	Management's Discussion and Analysis of Financial Condition and Results of Operations	5
Item 3.	Quantitative and Qualitative Disclosures About Market Risks	11
Item 4.	Controls and Procedures	11
PART II	Other Information
Item 6.	Exhibits and Reports on Form 8-K	12
	Signatures	13
	Certifications	14

PART I—FINANCIAL INFORMATION

Item 1. Financial Statements

D. L. Peterson Trust
CONDENSED STATEMENTS OF OPERATIONS AND TRUST EQUITY
(in thousands)

		Three Months Ended September 30,				Nine Months Ended September 30,
		2002		2001		2002		2001
Revenue:
	Leasing revenue	$	299,530	$	301,805	$	897,823	$	921,131

Expenses:
	Depreciation on leased vehicles		261,606		250,017		781,446		746,076
	Interest on special unit of beneficial interest in leases—related party		37,924		51,788		116,377		175,055

	Total expenses		299,530		301,805		897,823		921,131

Net income		$	—	$	—	$	—	$	—

Trust equity, beginning of period			—		—		—		—

Trust equity, end of period		$	—	$	—	$	—	$	—

See Notes to Condensed Financial Statements.

D. L. Peterson Trust
CONDENSED BALANCE SHEETS
(In thousands)

			September 30, 2002		December 31, 2001
Assets:
	Net investment in leases and leased vehicles:
		Vehicles under operating leases	$	3,241,846	$	3,274,658
		Investment in direct financing leases		102,623		103,474
		Vehicles held for resale		5,878		35,788

Total assets			$	3,350,347	$	3,413,920

Liabilities and trust equity:
Liabilities
	Liability under special unit of beneficial interest leases-related party		$	3,350,347	$	3,413,920

Total liabilities				3,350,347		3,413,920

Trust equity				—		—

Total liabilities and trust equity			$	3,350,347	$	3,413,920

See Notes to Condensed Financial Statements.

D. L. Peterson Trust
NOTES TO CONDENSED FINANCIAL STATEMENTS

1. Summary of Significant Accounting Policies

Basis of Presentation

D. L. Peterson Trust ("DLPT") was originally established by PHH Vehicle Management Services, LLC ("PHH" or "Vehicle Management Services"), previously a wholly-owned subsidiary of Avis Group Holdings, Inc. ("Avis") as a Maryland common law trust and was reconstituted on June 30, 1999 as a Delaware statutory business trust. DLPT is organized under Chapter 38 of the Delaware Business Trust Act and its trustees are PHH and Wilmington Trust Company. DLPT was established to hold title to vehicles and to be the lessor in vehicle leases that are subject to various securitizations. DLPT reduces the costs and administrative burden associated with securitizations by eliminating the time and expense of retitling vehicles upon transfer assignments of ownership of the vehicles and security.

On March 1, 2001, Avis was acquired by PHH Corporation. As a result, PHH is now a wholly-owned subsidiary of PHH Corporation, which itself is a wholly-owned subsidiary of Cendant Corporation ("Cendant"). All assets and liabilities were recorded by DLPT at fair value as of March 1, 2001. No significant adjustments were made by DLPT.

DLPT issued a certificate (the "Lease SUBI Certificate") representing a special unit of beneficial interest in certain leases (the "Lease SUBI") and two certificates representing a special unit of beneficial interest in certain fleet service receivables (the "Fleet Receivable SUBI") to Raven Funding LLC ("Raven"). The Lease SUBI represents a beneficial ownership in the leases, vehicles and paid-in-advance vehicles owned by DLPT. One of the certificates representing an interest in the Fleet Receivable SUBI represents the right to receive up to $80 million a month of the collections received in respect of the fleet service receivables (the "Fleet Receivable SUBI Certificate") and the other certificate representing an interest in the Fleet Receivable SUBI represents the amount of collections received each month in respect of the fleet service receivables in excess of $80 million (the "Excess Fleet Receivable SUBI Certificate"). DLPT also issued to Raven a certificate (the "UTI Certificate") representing beneficial ownership in all assets of DLPT not allocated to the Lease SUBI or the Fleet Receivable SUBI (the "UTI"). Raven transferred the Lease SUBI Certificate and the Fleet Receivable SUBI Certificate to Chesapeake Funding LLC, formerly known as Greyhound Funding LLC ("Chesapeake"). Raven retained the Excess Fleet Receivable SUBI Certificate and the UTI Certificate. As of September 30, 2002, no assets were assigned to the UTI Certificate.

Raven is a special purpose limited liability company established under the laws of the State of Delaware. The sole member of Raven is PHH. The business activities of Raven are limited primarily to acting as the successor settler and initial beneficiary of DLPT. Chesapeake is a special purpose limited liability company organized under the laws of the State of Delaware. The sole common member of Chesapeake is Raven.

Chesapeake was formed for the purpose of issuing indebtedness, issuing preferred membership interests, acquiring the Lease SUBI Certificate, and acquiring the Fleet Receivable SUBI Certificate. PHH acts as servicer of the assets held by DLPT including the assets allocated to the Lease SUBI and the Fleet Receivable SUBI. In its role as servicer, PHH will maintain all property and equipment and employees required to perform said servicing activities.

In management's opinion, the accompanying unaudited Financial Statements contain all normal recurring adjustments necessary for a fair presentation of interim results reported. The results of operations reported for interim periods are not necessarily indicative of the results of operations for the entire year or any subsequent interim period. In addition, management is required to make estimates and assumptions that affect the amounts reported and related disclosures. Estimates, by their nature, are based on judgment and available information. Accordingly, actual results could differ from those estimates. The Financial Statements should be read in conjunction with DLPT's Annual Report on Form 10-K dated March 29, 2002.

* * * * *

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations

The following discussions should be read in conjunction with our Condensed Financial Statements and accompanying Notes thereto included elsewhere herein. Unless otherwise noted, all dollar amounts are in thousands.

We are a limited purpose Delaware business trust. Our activities are limited to acquiring vehicles and fleet service receivables, originating leases and issuing certificates representing beneficial interests in our assets. PHH acts as the servicer of our vehicles, leases and receivables.

Leasing revenue decreased $2.3 million and $23.3 million for the three and nine months ended September 30, 2002. Such decreases were due to lower interest rates billed on leases partially offset by higher depreciation billed on leases. Depreciation expense increased $11.6 million and $35.4 million for the three and nine months ended September 30, 2002 as a result of higher original cost of leases billed and an increase in number of leases billed. Interest on special unit of beneficial interest in leases—related party decreased $13.9 million and $58.7 million for the three and nine months ended September 30, 2002 due to lower interest rates billed on leases.

The principal source of our revenue is payments received on the leases originated by us. Set forth below is certain historical data with respect to delinquency experience, loss and recovery experience, residual value loss experience, conversions of floating rate leases to fixed rate leases, and fleet management receivable billing experience, in each case for leases and fleet management receivables that are of the same type as allocated to the Lease SUBI (which is a special unit of beneficial interest in certain leases and vehicles) and the Fleet Receivable SUBI (which is a special unit of beneficial interest in certain fleet service receivables).

Delinquency Experience

The following table sets forth delinquency data with respect to aggregate billings of lease payments for all of Vehicle Management Services' leases and fleet management receivables for the nine months ended September 30, 2002 and 2001. These leases and fleet management receivables are of the same type as the leases allocated to the Lease SUBI and the fleet management receivables allocated to the Fleet Receivable SUBI and do not include any other types of leases or fleet management receivables.

	Nine Months Ended September 30,
	2002	2001
Percentage of billings delinquent (1)(2):
30-59 days	1.24%	1.41%
60 days or more	2.99%	2.91%

Total 30 or more days delinquent	4.23%	4.32%

(1): The period of delinquency is based on the number of days payments are contractually past due.
(2): An average of the ratios, expressed as a percentage, for each monthly billing period within the applicable period of the aggregate billings for all leases and all fleet management receivables which were delinquent for the applicable number of days as of the last day of that monthly billing period to the sum of the aggregate billings for all leases and all fleet management receivables which were unpaid as of the last day of the preceding monthly billing period and the aggregate amount billed for all leases and fleet management receivables during that monthly period.

Total delinquencies for the nine months ended September 30, 2002 remained below 5% of total billings, which is consistent with the performance of the portfolio over the last several years. Delinquencies of 60 days or more increased to 2.99% of total billings compared to 2.91% in the nine months ended September 30, 2001 due to the continuing effects of Chapter 11 bankruptcy filings of several customers and a lower level of billings partially offset by a decline in non-bankruptcy delinquent receivables of 60 days or more from the comparable period in 2001. Delinquencies of 30-59 days decreased to 1.24% in the nine months ended September 30, 2002 from 1.41% in the nine months ended September 30, 2001.

Loss and Recovery Experience

The following table sets forth loss and recovery data with respect to Vehicle Management Services' leases and fleet management receivables for the nine months ended September 30, 2002 and 2001. These leases and fleet management receivables are of the same type as the leases allocated to the Lease SUBI and the fleet management receivables allocated to the Fleet Receivable SUBI and do not include any other types of leases or fleet management receivables.

	Nine Months Ended September 30,
	2002			2001
Ending dollar amount of leases (1)	$	3,350,347		$	3,269,426
Total billings for period		1,652,148			1,787,491
Gross losses (2)		770			1,826
Recoveries (3)		22			(19	)

Net losses	$	792		$	1,807

Net losses as percentage of ending dollar amount of leases		0.02	%		0.06	%
Net losses as percentage of total billings for period		0.05	%		0.10	%

(1): Based on the sum of all principal amounts outstanding under the leases, including, in the case of closed-end leases, the stated residual values of the related leased vehicles.
(2): Gross losses includes losses on fleet management receivables.
(3): Recoveries are net of legal fees.

Net losses as a percentage of ending dollar amount of leases decreased from .06% for the nine months ended September 30, 2001 to .02% for the nine months ended September 30, 2002 due to lower losses from bankruptcies in 2002. Net losses as a percentage of total billings decreased from .10% for the nine months ended September 30, 2001 to .05% for the nine months ended September 30, 2002 due to lower losses from bankruptcies in 2002. Gross losses with respect to bankrupt obligors generally are not recognized by Vehicle Management Services until it receives payment upon the confirmation of the plan of reorganization of the bankrupt obligor and receives any terminal rental adjustment payments that may be applied to satisfy outstanding obligations with respect to fleet management receivables. Losses are charged against previously established reserves. Reserve adequacy for the purposes of Vehicle Management Services' financial statements is determined at the time of a client's bankruptcy filing and any necessary charge is recorded to the statement of income at that time.

Residual Value Loss Experience

The following table sets forth residual value performance data for Vehicle Management Services' closed-end leases for the nine months ended September 30, 2002 and 2001. These closed-end leases are of the same type as the closed-end leases allocated to the Lease SUBI and do not include any other types of closed-end leases.

	Nine Months Ended September 30,
	2002			2001
Total number of closed-end leases scheduled to terminate		3,445			5,416
Number of sold vehicles		3,099			4,356
Full termination ratio (1)		89.96	%		80.43	%
Total loss on sold vehicles (2)	$	(101	)	$	(5,256	)
Average loss per sold vehicles (3)	$	(32	)	$	(1,207	)
Loss as a percentage of stated residual values of
sold vehicles (4)		(0.35	%)		(11.93	%)

(1): The ratio of the number of vehicles sold during the period to the number of vehicles scheduled to terminate, on their date of origination, during the period, expressed as a percentage.
(2): Includes fees received and expenses incurred to dispose of vehicles and certain amounts received after the sale and disposition of the vehicles.
(3): Per vehicle dollar amounts are not in thousands.
(4): The ratio of total gains/losses on vehicles sold during the period to the stated residual values of those vehicles, expressed as a percentage.

Total residual value losses decreased $5.2 million to $101 thousand and the total number of sold vehicles decreased 28.9%. The decrease in units sold is the result of a lower number of closed end leases scheduled to terminate and an increase in clients retaining vehicles beyond their original lease term. The average loss per vehicle returned and sold in the nine months ended September 30, 2002 decreased 97.3% from the comparable period in 2001 to $32 per unit. The decrease in residual value losses during 2002 is the result of establishing lower residual values at lease inception which was initiated in the beginning of 2000.

Conversions of Floating Rate Leases to Fixed Rate Leases

The following table sets forth data with respect to conversions of Vehicle Management Services' floating rate leases to fixed rate leases during the nine months ended September 30, 2002 and 2001.

	Nine Months Ended September 30,
	2002			2001
Dollar amount of conversions for period (1)	$	4,862		$	31,187
Ending dollar amount of leases	$	3,350,347		$	3,269,426
Conversions as a percentage of ending dollar amount of leases		0.15	%		0.95	%

(1): Based on the sum of all principal amounts outstanding under the leases, including, in the case of closed-end leases, the stated residual values of the related leased vehicles.

Total conversions of floating rate leases to fixed rate leases were approximately $4.9 million during the nine months ended September 30, 2002 compared with $31.2 million in the period ended September 30, 2001. Conversions of floating rate to fixed rate leases was lower for the nine months ended September 30, 2002 compared to the comparable period in 2001 due to continued low interest rates during the year.

Fleet Management Receivable Billing Experience

The following table sets forth data for Vehicle Management Services' aggregate billings of fleet management receivables for the nine months ended September 30, 2002 and 2001. These fleet management receivables are of the same type as the fleet management receivables allocated to the Fleet Receivable SUBI and do not include any other types of fleet management receivables.

	Nine Months Ended September 30,
	2002		2001
Aggregate billings	$	660,064	$	789,926
Average monthly billings		73,340		87,770
Maximum monthly billings		83,744		118,358
Minimum monthly billings		57,175		63,268

Aggregate fleet management receivable billings decreased to approximately $660.1 million during the nine months ended September 30, 2002 compared to approximately $789.9 million during the nine months ended September 30, 2001. The primary factor for this decrease was a decrease in billings relating to vehicles purchased directly for customers.

Characteristics of Leases Allocated to Lease SUBI

The following table contains certain statistical information relating to the leases allocated to the Lease SUBI as of September 19, 2002 (the last monthly reporting period cutoff date during the third quarter of 2002). All of the leases and vehicles owned by DLPT as of September 19, 2002 were allocated to the Lease SUBI. The following information does not include vehicles ordered at the request of lessees party to a master lease agreement allocated to the Lease SUBI, which have an aggregate cost of $80,171,655 as of that date, because they are not yet subject to a lease. For the purposes of preparing the following tables, we assumed the original term of each lease to be the period over which the related vehicle is scheduled to be depreciated.

Composition of Leases
Aggregate Unit Balance of Leases		$3,124,231,900.09
Number of Leases		209,578
Average Unit Balance		$14,907.25
Range of Unit Balances		$0.10 to $685,654.20
Aggregate Unit Balance of Open-End Leases		$3,015,890,095.64
Aggregate Unit Balance of Floating Rate Leases		$2,338,839,097.08
Aggregate Lease Balance of CP Rate Index Floating Rate leases		$2,282,298,989.11
Weighted Average Spread Over CP Rate		0.346%
Range of Spreads Over CP Rate		0.00% to 3.00%
Aggregate Unit Balance of Floating Rate Leases Indexed to Floating Rates Other Than
CP Rate		$56,540,107.97
Aggregate Unit Balance of Fixed Rate Leases		$785,392,803.01
Weighted Average Fixed Rate		5.682%
Range of Fixed Rates		0.000% to 19.152%
Weighted Average Original Lease Term		62.73 months
Range of Original Lease Terms		6 to 132 months
Weighted Average Remaining Term		43.17 months
Range of Remaining Terms		0 to 120 months
Aggregate Unit Balance of Closed-End Leases		$108,341,804.45
Average Unit Balance of Closed-End Leases		$14,021.20
Range of Unit Balance of Closed-End Leases		$0.10 to $206,834.75
Average Stated Residual Value of Closed-End Leases		$8,927.30

Note: Dollar amounts are in whole amounts

As of September 19, 2002, the aggregate lease balance of the leases allocated to the Lease SUBI with the lessee having the largest aggregate lease balances was $110,476,012. The aggregate lease balance of the leases allocated to the Lease SUBI with the lessees having the five largest aggregate lease balances was $462,816,026 and the aggregate lease balance of the leases allocated to the Lease SUBI with the lessees having the ten largest aggregate lease balances was $794,629,898.

Forward-Looking Statements

Forward-looking statements in our public filings or other public statements are subject to known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements were based on various factors and were derived utilizing numerous important assumptions and other important factors that could cause actual results to differ materially from those in the forward-looking statements.

Statements preceded by, followed by or that otherwise include the words "believes", "expects", "anticipates", "intends", "project", "estimates", "plans", "may increase", "may fluctuate" and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical facts. You should understand that the following important factors and assumptions could affect our future results and could cause actual results to differ materially from those expressed in such forward-looking statements:

•: changes in general economic and business conditions and the impact thereof on the vehicle leasing business or the lessees of our vehicles;
•: the effects of changes in interest rates; and
•: changes in laws and regulations, including changes in accounting standards.

Other factors and assumptions not identified above were also involved in the derivation of these forward-looking statements, and the failure of such other assumptions to be realized as well as other factors may also cause actual results to differ materially from those projected. Most of these factors are difficult to predict accurately and are generally beyond our control.

You should consider the areas of risk described above in connection with any forward-looking statements that may be made by us. Except for our ongoing obligations to disclose material information under the federal securities laws, we undertake no obligation to release publicly any revisions to any forward-looking statements, to report events or to report the occurrence of unanticipated events unless required by law. For any forward-looking statements contained in any document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.

Item 3. Quantitative and Qualitative Disclosures About Market Risks

Not applicable

Item 4. Controls and Procedures

(a): Evaluation and Disclosure controls and Procedures. The Chief Executive Officer and Chief Financial Officer of Raven Funding LLC, as settlor of the D. L. Peterson Trust, have evaluated the effectiveness of our disclosure controls and procedures (as such term is defined in Rules 13a-14(c) under the Securities Exchange Act of 1934, as amended (the "Exchange Act")) as of a date within 90 days prior to the filing date of this quarterly report (the "Evaluation Date"). Based on such evaluation, such officers have concluded that, as of the Evaluation Date, our disclosure controls and procedures are effective in alerting them on a timely basis to material information relating our company required to be included in our reports filed or submitted under the Exchange Act.
(b): Changes in Internal Controls. Since the Evaluation Date, there have not been any significant changes in our internal controls or in other factors that could significantly affect such controls.

PART II—OTHER INFORMATION

Item 6. Exhibits and Reports on Form 8-K

(a)		Exhibits
		See Exhibit Index
(b)		Reports on Form 8-K
		On August 14, 2002, we filed a current report on Form 8-K to report under Item 5 the certification by our executives of our financial statements.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	D. L. PETERSON TRUST
	By:	Raven Funding LLC, solely as settlor of the D. L. Peterson Trust

	By:	/s/ NEIL J. CASHEN Neil J. Cashen Chief Financial Officer

Date: November 13, 2002

I, George J. Kilroy, certify that:

1)

I have reviewed this quarterly report on Form 10-Q of D. L. Peterson Trust;

2)

Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report;

3)

Based on my knowledge, the financial statements, and other financial information included in this quarterly report, fairly represent in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this quarterly report;

4)

The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:

a): designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this quarterly report is being prepared;
b): evaluated the effectiveness of the registrant's disclosure controls and procedures as of a date within 90 days prior to the filing date of this quarterly report (the "Evaluation Date");
c): presented in this quarterly report our conclusions about the effectiveness of the disclosure controls and procedures based on our evaluation as of the Evaluation Date;

5)

The registrant's other certifying officers and I have disclosed, based on our most recent evaluation, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent function):

a): all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant's ability to record, process, summarize and report financial data and have identified for the registrant's auditors any material weaknesses in internal control; and
b): any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls; and

6): The registrant's other certifying officers and I have indicated in this quarterly report whether or not there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of our most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.

Date: November 13, 2002

By:

/s/ GEORGE J. KILROY

George J. Kilroy
Chief Executive Officer and
President
Raven Funding LLC

I, Neil J. Cashen, certify that:

1)

I have reviewed this quarterly report on Form 10-Q of D. L. Peterson Trust;

2)

3)

4)

a): designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this quarterly report is being prepared;
b): evaluated the effectiveness of the registrant's disclosure controls and procedures as of a date within 90 days prior to the filing date of this quarterly report (the "Evaluation Date");
c): presented in this quarterly report our conclusions about the effectiveness of the disclosure controls and procedures based on our evaluation as of the Evaluation Date;

5)

a): all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant's ability to record, process, summarize and report financial data and have identified for the registrant's auditors any material weaknesses in internal control; and
b): any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls; and

6): The registrant's other certifying officers and I have indicated in this quarterly report whether or not there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of our most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.

Date: November 13, 2002

By:

/s/ NEIL J. CASHEN

Neil J. Cashen
Chief Financial Officer
Raven Funding LLC

Exhibit Index

Exhibit No.		Description
3.1		Amended and Restated Origination Trust Agreement, dated as of June 30, 1999, among Raven Funding LLC, as settlor and initial beneficiary, PHH Vehicle Management Services, LLC as UTI Trustee, and Wilmington Trust Company, as Delaware Trustee (Incorporated by reference to Exhibit 10.1 of the Company's Form S-1 as filed on June 30, 2000).
3.2		Origination Trust Servicing Agreement, dated as of June 30, 1999, between D.L. Peterson Trust, Raven Funding LLC and PHH Vehicle Management Services, LLC, as Servicer (Incorporated by reference to Exhibit 10.5 of the Company's Form S-1 as filed on June 30, 2000).
99.1		Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

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PART I—FINANCIAL INFORMATION

Item 1. Financial Statements

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations

Item 3. Quantitative and Qualitative Disclosures About Market Risks

Item 4. Controls and Procedures

PART II—OTHER INFORMATION

Item 6. Exhibits and Reports on Form 8-K

PETERSON D L TRUST 10-Q