News | Board Minutes | 2004

                  EXPORT-IMPORT BANK OF THE UNITED STATES

            SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS

                         July 1, 2004

ITEM NO 1 Adoption of Revised Environmental Procedures & Guidelines and Nuclear Procedures and Guidelines (as amended)

Board Decision:  APPROVED

ITEM NO 2

Country KOREA, REPUBLIC OF                     AP080616XX

Request for FINAL COMMITMENT

Applicant      ASIANA AIRLINES, INC., SEOUL 110-110 KOREA, REP OF

Borrower       SPV/ASIANA AIRLINES, SEOUL KOREA, REP OF

Guarantor      NONE

Buyer          SPV/ASIANA AIRLINES, SEOUL KOREA, REP OF

End-user       ASIANA AIRLINES, INC., SEOUL 110-110 KOREA, REP OF

Exporter       BOEING COMPANY, EVERETT WA

Supplier       BOEING COMPANY, EVERETT WA

Supplier       UNITED TECHNOLOGIES CORP, EAST HARTFORD CT

Gteed Lender   CITIBANK N.A., CENTRAL DISTRICT, HONG HONG KONG

Gteed Lender   GOVCO, NEW YORK NY

Lessor         SPV/ASIANA AIRLINES, SEOUL KOREA, REP OF

Lessee         ASIANA AIRLINES, INC., SEOUL 110-110 KOREA, REP OF

Project Name  NONE

Project Description AIR TRANSPORTATION

Product Description AIRCRAFT

Repayment Term  12 YEARS

Board Decision APPROVED