News | Board Minutes | 2003

               EXPORT-IMPORT BANK OF THE UNITED STATES

         SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

                           AUGUST 19, 2003

ITEM NO 1

Country PERU                                   AP078796XX

Request for AMENDMENT OF FINAL COMMITMENT

Applicant      MANUFACTURERS AND TRADERS TRUST COMPANY, BALTIMORE, MD

Borrower       GILAT TO HOME PERU S.A., LIMA, LM 27 PERU

Guarantor      GILAT SATELLITE NETWORKS LTD., PETAH TIKVA 49130 ISRAEL

Guarantor      GILAT TO HOME LATIN AMERICA (N ANTIL) NV, WILLEMSTAD, CURACAO NETH.
                       ANTILLES

Guarantor      GILAT TO HOME LATIN AMERICA (HOLLAND) NV, 1076 EE AMSTERDAM
                       NETHERLANDS

Buyer          GILAT TO HOME PERU S.A., LIMA, LM 27 PERU

End-user       GILAT TO HOME PERU S.A., LIMA, LM 27 PERU

Exporter       B P SOLAR INTERNATIONAL LLC, LINTHICUM HEIGHTS MD

Supplier       B P SOLAR INTERNATIONAL LLC, LINTHICUM HEIGHTS MD

Gteed Lender   MANUFACTURERS AND TRADERS TRUST COMPANY, BALTIMORE, MD

Project Description TELECOMMUNICATION SERVICES

Product Description SOLAR MODULAR SYSTEMS

Financed Amount changed to $2,502,980

Credit Committee Decision  APPROVED

ITEM NO 2

Country TURKEY                                 AP079831XX

Request for FINAL COMMITMENT (NEW)

Applicant      TORONTO-DOMINION BANK, HOUSTON TX

Borrower       DOGAN ORGANIK URUNLER SANAYI VE TICARET, ISTANBUL, SISLI 80224
                       TURKEY

Guarantor      DOGAN SIRKETLER GRUBU HOLDING A.S., ISTANBUL, USKUDAR 81190
                       TURKEY

Buyer          DOGAN ORGANIK URUNLER SANAYI VE TICARET, ISTANBUL, SISLI 80224 
                       TURKEY

End-user       DOGAN ORGANIK URUNLER SANAYI VE TICARET, ISTANBUL, SISLI 80224
                       TURKEY

Exporter       AMERICAN MARKETING SERVICES, RICHMOND VA

Supplier       AMERICAN MARKETING SERVICES, RICHMOND VA

Gteed Lender   TORONTO-DOMINION BANK, HOUSTON TX

Project Description ORGANIC DAIRY FACILITY

Product Description PREGNANT HOLSTEIN CATTLE

Financed Amount $    1,426,221

Repayment Term  3 YEARS

Credit Committee Decision APPROVED

ITEM NO 3  WITHDRAWN

ITEM NO 4

Country: Jamaica    Policy No. MTR-254342

Request for:  Insurance Policy (New)

Policy Type:  Repetitive Sales

Coverage Type/Term: Comprehensive/MT

      Insured:       SunTrust Bank, Atlanta, GA

      Buyer/Obligor: Restaurant Associates, Ltd., Kingston, Jamaica

      End-User:      Restaurant Associates, Ltd. and Restaurant Associates Cajun, Ltd.

                       Kingston, Jamaica

      Guarantors:    Restaurant Associates Cajun, Ltd., Caribbean Resources Ltd.,

                       Lois Sherwood, Frank Ventura

      Exporter:       Stainless USA Holding, Inc., Deerfield, FL  33441-4798

                        AFC Enterprises, Inc., Atlanta, GA  30328-6182, and others

      Supplier:      Same

      Broker:        Acordia Southeast, Inc., Atlanta, GA

      Products/Use:  Restaurant and kitchen equipment for Burger King and

                       Popeyes franchises; franchise fees

      Ex-Im Bank Liability (Millions):  $1 - $5

      Credit Committee Decision:  APPROVED