<TABLE>
<CAPTION>
NOTEHOLDERS REPORT
CRUSADE GLOBAL TRUST No. 1 of 1999
Quarterly Payment Date falling on Aug 15, 2000
Bond Information in US$
-----------------------
<S> <C> <C> <C> <C> <C> <C>
Interest Interest Principal Charge
FV Outstanding Bond Factor Rate Payments Distributions Offs
Class A1 $52,200,241.15 17.400080% 6.97000% $2,058,141.51 $63,346,347.02 $0.00
Notes
Class A2 $569,000,000.00 100.000000% 6.70500% $10,251,483.33 $0.00 $0.00
Notes
Class A3 $125,000,000.00 100.000000% 7.14000% $2,280,833.33 $0.00 $0.00
Notes
</TABLE>
Principal Collections Information in AUD
----------------------------------------
Scheduled Principal Payments: $9,739,108.34
Unscheduled Principal Payments: $95,856,212.61
Redraws: ($7,838,612.59)
Principal Collections: $97,756,708.36
Principal Charge Offs: $0.00
Principal Draw: $0.00
Available Principal: $97,756,708.36
Principal Distributed: $97,756,708.36
Principal Retained: $0.00
---------------
Total Available Funds in AUD
----------------------------
Available Income: $28,691,351.46
Principal Draw: $0.00
$0.00
Liquidity Draw:
Total Available Funds: $28,691,351.46
<PAGE>
Redraw/Liquidity Utilization
----------------------------
Redraw Shortfall: $0.00
Redraw Carryover Charge Offs: $0.00
Liquidity Draw: $0.00
Liquidity Shortfall: $0.00
Arrears Information
-------------------
% of pool (by number)
31 - 59 days: 0.55%
60 - 89 days: 0.16%
90+ days: 0.08%
Defaults: Nil
Losses: Nil
Payment Information (CPR)
-------------------------
Jul-00 Jun-00 May-00
1 mth CPR: 21.70% 27.40% 26.46%
Pool Information in AUD
-----------------------
Outstanding Principal of Fixed Rate Housing Loans: $293,670,593.94
Outstanding Principal of the Variable Rate Housing Loans: $867,159,961.44
Number of Loans: 12,590
Weighted Average Current LVR: 58.29%
Average Loan Size: $92,203
Weighted Average Seasoning: 39.01 mths
Weighted Average Term to Maturity: 247 mths
