News | Board Minutes | 2004

               EXPORT-IMPORT BANK OF THE UNITED STATES

         SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

                         MARCH 26, 2004

ITEM NO 1

Country BRAZIL                                 AP080481XX

Request for FINAL COMMITMENT

Applicant      TORONTO-DOMINION BANK, HOUSTON TX

Borrower       VIP INDUS COMERC CAIXAS PAPELAO ONDULADO, VINHEDO,

                 SAO PAULO 13280-000 BRAZIL

Guarantor      SOARES DE MELLO, VALDIR, SAO PAULO SP BRAZIL

Guarantor      ESTEVES DE ARAUJO, FRANCISCO, SAO PAULO SP 03337-020 BRAZIL

Buyer          VIP INDUS COMERC CAIXAS PAPELAO ONDULADO, VINHEDO,

                 SAO PAULO 13280-000 BRAZIL

End-user       VIP INDUS COMERC CAIXAS PAPELAO ONDULADO, VINHEDO,

                 SAO PAULO 13280-000 BRAZIL

Exporter       VORTEX-UNITED INC., MILTON PA

Supplier       VORTEX-UNITED INC., MILTON PA

Gteed Lender   TORONTO-DOMINION BANK, HOUSTON TX

Project Name

Project Description ADHESIVE MANUFACTURING EQUIPMENT

Product Description ADHESIVE MANUFACTURING

Financed Amount $      189,499

Repayment Term  4 YEARS

Credit Committee Decision APPROVED

ITEM NO 2

Country BRAZIL                                 AP080250XX

Request for FINAL COMMITMENT

Applicant      TORONTO-DOMINION BANK, HOUSTON TX

Borrower       EMPRESA DE SERVICOS HOSPITALARES LTDA., RIO DE JANEIRO 22075-090
                       BRAZIL

Guarantor      AMIL ASSISTENCIA INTERNACIONAL LTDA., RIO DE JANEIRO 20075-090 
                       BRAZIL

Buyer          EMPRESA DE SERVICOS HOSPITALARES LTDA., RIO DE JANEIRO 22075-090
                       BRAZIL

End-user       EMPRESA DE SERVICOS HOSPITALARES LTDA., RIO DE JANEIRO 22075-090
                       BRAZIL

Exporter       ATL ULTRASOUND INC, BOTHELL WA

Supplier       PHILIPS MEDICAL SYSTEMS, ANDOVER MA

Gteed Lender   TORONTO-DOMINION BANK, HOUSTON TX

Project Name

Project Description ECHOCARDIOGRAPHY EQUIPMENT FOR SURGICAL

Product Description MEDICAL EQUIPMENT

Financed Amount $    1,475,284

Repayment Term  5 YEARS

Credit Committee Decision APPROVED

ITEM NO 2A

Country BRAZIL                                 AP080254XX

Request for FINAL COMMITMENT

Applicant      TORONTO-DOMINION BANK, HOUSTON TX

Borrower       PRESLAF EMPRESA DE SERV HOSPITALARES LTD, RIO DE JANEIRO 22075-0900
                       BRAZIL

Guarantor      AMIL ASSISTENCIA INTERNACIONAL LTDA., RIO DE JANEIRO 20075-090
                       BRAZIL

Buyer          PRESLAF EMPRESA DE SERV HOSPITALARES LTD, RIO DE JANEIRO 22075-0900
                       BRAZIL

End-user       PRESLAF EMPRESA DE SERV HOSPITALARES LTD, RIO DE JANEIRO 22075-0900
                       BRAZIL

Exporter       ATL ULTRASOUND INC, BOTHELL WA

Supplier       PHILIPS MEDICAL SYSTEMS, ANDOVER MA

Gteed Lender   TORONTO-DOMINION BANK, HOUSTON TX

Project Name

Project Description ECHOCARDIOGRAPHY EQUIPMENT FOR SURGICAL

Product Description MEDICAL EQUIPMENT

Financed Amount $      540,715

Repayment Term  5 YEARS

Credit Committee Decision APPROVED

ITEM NO 3

Country  Trinidad & Tobago  Policy No. MSM-25898

Request for:  Policy (New)

Policy Type:  Single Sale/Multiple Shipments

Covereage Type/term:  Comprehensive/MT

Insured:        Manufacturers & Traders Company (dba M&T Bank)

Buyer/Obligor:  Trinidad Distillers Ltd., Laventille, Trinidad & Tobago

End-User:       Trinidad Distillers Ltd., Laventille, Trinidad & Tobago

Guarantors:     Angostura Holdings Limited, Laventille, Trinidad & Tobago

Exporter:       Ex-Klar Technologies Inc., Pawling, NY  12564-1152

Suppliers:      Allen-Bradley Company, LLC, Milwaukee, WI  53204-2496

                Aqua-Chem, Inc., Milwaukee, WI  53224-2447

                  and additional suppliers

Broker:         Global Insurance Services LLC

Products:       Two molecular sieve dyhydration systems to be used in a

                  new fuel ethanol dehydration facility

Ex-Im Bank Liability (Millions):  $5 - $20

Credit Committee Decision:  APPROVED

ITEM NO 4

Country  Ukraine - Policy No. MSM-254085

Request for:  Policy (New)

Policy Type:  Single Sale/Multiple Shipments

Covereage Type/term:  Comprehensive/MT

Insured:       Arthur Farm Power, Inc., d/b/a Farm Pride, Arcola, IL 61910-1413

Lender:        Wells Fargo HSBC Trade Bank, N.A., Minneapolis, MN  55479-2025

Borrower:      Bramlaw Holdings, Limited, Limassol, Cyprus

End-User:      Nova Farm Ltd., Dnepropetrovsk, Ukraine

Guarantor:     Privat Bank, Dnepropetrovsk, Ukraine

Exporter:      Arthur Farm Power, Inc., d/b/a Farm Pride, Arcola, IL 61910-1413

Supplier:      Arthur Farm Power, Inc., d/b/a Farm Pride, Arcola, IL 61910-1413

Broker:        International Risk Consultants

Products:      Agricultural machinery

Ex-Im Bank Liability (Millions):  $5 - $20

Credit Committee Decision:  APPROVED

ITEM NO 5 - WITHDRAWN

ITEM NO 6

Country  Colombia - Policy No. MTR-263772

Request for:  Policy (New)

Policy Type:  Repetitive Sales

Covereage Type/term:  Comprehensive/MT

Insured:          PNC Bank

Buyer/Obligor:    Textiles Konkord S.A., Bogota, Colombia

End-User:         Textiles Konkord S.A., Bogota, Colombia

Guarantors:       Besajatada S.A.

                    Mr. Jack Khoudari Amran

                    and additional guarantors

Exporters:        Tubular Textile LLC (subsidiary of Harbour Group Ltd),

                  Lexington, NC 27292-2097

                  Gibbs International Inc., Spartanburg, SC  29301-5205

                  Nova Trading Company, Monroe, NC  28112-9139

Broker:           EIA-Global

Products:         Used textile equipment for mfg of t-shirts, towels & sportswear.

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

Credit Committee Decision:  APPROVED

Item No. 7

      Country: United Arab Emirates / Kuwait  -  Policy No.:  ESS-A-263830

      Request For: Commitment (New) (Reconsideration of 3/19/04 action)

      Policy Type: Single Buyer                 

      Coverage Type/Term: Comprehensive/ST

      Insured:       Perdue Farms, Inc., Salisbury, MD 21804-1806

      Buyer/Obligor: Texas Best and Middle East Foods, Dubai, United Arab Emirates

      End-User:      Public Warehousing Company, Kuwait

      Guarantor:     None

      Exporter:      Perdue Farms, Inc., Salisbury, MD 21804-1806

Product:       Poultry products

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

Credit Committee Decision:  APPROVED

Item No. 8

      Country:  Netherlands Antilles  -  Policy No.:  ENB-213397

      Policy Type: Special Buyer Credit Limit

      Coverage Type/Term: Comprehensive/ST

      Insured:    New Continent Suppliers

      Buyer:      Schlumberger Limited

      Product:    Oil refinery equipment and parts

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

Credit Committee Decision:  APPROVED