News | Board Minutes | 2003

             EXPORT-IMPORT BANK OF THE UNITED STATES

        SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

                     MAY 16, 2003

ITEM NO 1

Country UKRAINE                          AP079453XX

Request for FINAL COMMITMENT

Applicant      NATIONAL CITY BANK CLEVELAND, CLEVELAND OH

Borrower       BRAMLAW HOLDINGS LIMITED, LIMASSOL 3081 CYPRUS

Guarantor      PRIVATBANK, DNEPROPETROVSK 49094 UKRAINE

Buyer          BRAMLAW HOLDINGS LIMITED, LIMASSOL 3081 CYPRUS

End-user       NOVAFARM, DNEPROPETROVSK 49083 UKRAINE

Exporter       ARTHUR FARM POWER INC., SHELBYVILLE IL

Supplier       MCCLEAN IMPLEMENT INC., ALBLION IL

Gteed Lender   NATIONAL CITY BANK CLEVELAND, CLEVELAND OH

Product Description COMBINES AND ASSOCIATED EQUIPMENT

Financed Amount $    3,053,450

Repayment Term  5 YEARS

Credit Committee Decision APPROVED

Item No. 2

Country: Mexico — Policy No. MTR-249938

Request for:  Insurance Policy

Policy Type:  Repetitive Sales/Shipments

Coverage Type/Term:  Comprehensive/MT

Insured:       Toronto-Dominion Bank

Buyer/Obligor: Avi Carnes Monterrey, S.A. de C.V., Allende, Mexico

Buyer/Obligor: Productora de Alimentos Pecuarios, S.A. de C.V., Allende, Mexico

End-User:      Same

Guarantor(s):  Avigran del Norese, S.A. de C.V., Allende, Mexico

               Produccion Avicola Especializada, S.A. de C.V., Allende, Mexico

Exporter:      The Dupps Company, Germantown, OH  31867-9901

Supplier:      Same

Broker:        International Risk Consultants

Products:      Slaughter processor units and refrigeration systems

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

Credit Committee Decision:  APPROVED

Item No. 3  Withdrawn

ITEM NO 4

Country: Chile — Policy No. MSM-248708

Request for:  Insurance Policy (New)

Policy Type:  Single Sale/Multiple Shipments

Coverage Type/Term:  Comprehensive/MT

Insured:       PNC Bank, N.A.

Buyer/Obligor: Integramedica Las Condes S.A., Santiago de Chile, Chile

End-User:      Integramedica Las Condes S.A., Santiago de Chile, Chile

Guarantor(s):  Integramedica Tobalaba S.A., Santiago de Chile, Chile

               Integramedica Huechuraba S.A., Santiago de Chile, Chile

                  and additional guarantors

Exporter:      GE Medical Systems, Fairfield, CT 06432-0001

Supplier:      Same

Broker:        Export Insurance Agency Inc.

Products:      Various medical equipment to be installed in a new medical center

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

Credit Committee Decision:  APPROVED

ITEM NO 5

Country: Chile — Policy No. MTR-248716

Request for:  Insurance Policy (New)

Policy Type:  Single Sale/Multiple Shipments

Coverage Type/Term:  Comprehensive/MT

Insured:       PNC Bank, N.A.

Buyer/Obligor: Integramedica Tobalaba S.A., Santiago de Chile, Chile

End-User:      Integramedica Tobalaba S.A., Santiago de Chile, Chile

Guarantor(s):  Integramedica Las Condes S.A., Santiago de Chile, Chile

               Integramedica Huechuraba S.A., Santiago de Chile, Chile

                  and additional guarantors

Exporter(s):   GE Medical Systems, Fairfield, CT 06432-0001

               Air Techniques Inc., Hicksville, NY 11801-1163

                  and additional exporters

Supplier(s):   Midmark Corporation, Versailles, OH 45380-9310

               Brentwood Medical Technology Corporation, Torrence, CA  90505-4017

                  and additional suppliers

Broker:        Export Insurance Agency Inc.

Products:      Various medical equipment to be installed in a new medical center

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

Credit Committee Decision:  APPROVED

ITEM NO 6

Country: Chile — Policy No. MTR-248724

Request for:  Insurance Policy (New)

Policy Type:  Single Sale/Multiple Shipments

Coverage Type/Term:  Comprehensive/MT

Insured:       PNC Bank, N.A.

Buyer/Obligor: Integramedica Huechuraba S.A., Santiago de Chile, Chile

End-User:      Integramedica Huechuraba S.A., Santiago de Chile, Chile

Guarantor(s):  Integramedica Las Condes S.A., Santiago de Chile, Chile

               Integramedica Tobalaba S.A., Santiago de Chile, Chile

                  and additional guarantors

Exporter(s):   GE Medical Systems, Fairfield, CT 06432-0001

               Air Techniques Inc., Hicksville, NY 11801-1163

                  and additional exporters

Supplier(s):   Midmark Corporation, Versailles, OH 45380-9310

               Brentwood Medical Technology Corporation, Torrence, CA  90505-4017

                  and additional suppliers

Broker:        Export Insurance Agency Inc.

Products:      Various medical equipment to be installed in a new medical center

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

Credit Committee Decision:  APPROVED

ITEM NO 7

Country: Dominican Republic — Policy No. MTR-250993

Request for:  Insurance Policy (New)

Policy Type:  Bank-to-Bank/Repetitive Sales

Coverage Type/Term:  Comprehensive/MT

Insured:       Wachovia Bank, Philadelphia, PA

Buyer/Obligor: Banco Mercantile, S.A., Santo Domingo, Dominican Republic

End-User:       Various

Guarantor:      None

Exporter(s):    Various

Supplier(s):    Various

Broker:         EIA Global, Walpole MA

Products:       Gym equipment, software and licenses, air conditioning and other

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

Credit Committee Decision:  APPROVED

Item No. 8

Country: Mexico — Policy No. ELF-A-243998

Request for:  Commitment (New)

Policy Type:  Finance Lease

Coverage Type/Term:  Comprehensive/MT

Insured:  CSI Leasing, S. de R.L. de C.V., Mexico D.F., Mexico (Lessor)

          CSI Latina Financial, Inc., Miami, FL

          Computer Sales International, Inc. (CSI), St Louis, MO

           Lessee/Obligor: Industrializadora de Maiz, S.A. de C.V. (IMSA),
                 Guadalajara, Jalisco, Mexico

End-User:       Same

Guarantor:      Maria de Jesus Johnson Ramirez

Exporter/Supplier:  Florida Aquastore and Utility Construction, Inc.,

                    Boca Raton, FL 33431-6358

Broker:           Structured Trade Services, LLC, Houston, TX

Leased Products:  Wastewater treatment plant for use in corn processing

Credit Committee Decision:  DENIED

ITEM NO. 9

Country RUSSIA                                 AP079366XX

Request for AMENDMENT OF FINAL COMMITMENT(CO-FINANCING)

Applicant      DEERE CREDIT INC., MOLINE IL

Borrower       URAL-SIBERIAN BANK, UFA, BASHKORTSTAN 450000 RUSSIA

Guarantor      NONE

Buyer          GUSP BASHKIRSKAYA FARMING MACHINERY STN, UFA,
                      BASHKORTSTAN 45112 RUSSIA

End-user       GUSP BASHKIRSKAYA FARMING MACHINERY STN, UFA,
                      BASHKORTSTAN 45112 RUSSIA

Exporter       DEERE & COMPANY, MOLINE IL

Supplier       DEERE & COMPANY, MOLINE IL

Gteed Lender   DEERE CREDIT INC., JOHNSTON IA

Cofin (ECA)    Export Development Canada (EDC)

Project Description GRAIN HARVESTING

Product Description ALL OTHER GRAIN FARMING

Financed Amount changed to $4,482,227

Repayment Term  5 YEARS

Credit Committee Decision APPROVED AMENDMENT