News | Board Minutes | 2002

                        EXPORT IMPORT BANK OF THE UNITED STATES
                  SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
                                   MAY 31, 2002


ITEM NO 1	Minutes of April 30, 2002 Board Meeting to be approved.
         	Board Decision:  APPROVED

ITEM NO 2	Minutes of May 9, 2002 Board Meeting to be approved.
         	Board Decision:  APPROVED

ITEM NO 3	Minutes of May 16, 2002 Board Meeting to be approved.
         	Board Decision:  APPROVED

ITEM NO 4
Country AUSTRIA                                AP078200XX
Request for FINAL COMMITMENT

Applicant      AUSTRIAN AIRLINES LEASE & FINANCE CO LTD, ST. PETER PORT GUERNSEY GY14EE UK Borrower       SPV/AUSTRIAN AIRLINES LEASE & FINANCE CO, CAYMAN ISLANDS CAYMAN ISLANDS
Guarantor      AUSTRIAN AIRLINES (AUA), VIENNA AUSTRIA
Guarantor      TYROLEAN AIRWAYS, NA AUSTRIA
Guarantor      RHEINTALFLUG AIRLINE, AUSTRIA
Buyer          SPV/AUSTRIAN AIRLINES LEASE & FINANCE CO, CAYMAN ISLANDS CAYMAN ISLANDS
End?user       LAUDA AIR, VIENNA AUSTRIA
Exporter       BOEING COMPANY, THE*, SEATTLE WA
Supplier       BOEING COMPANY, THE*, SEATTLE WA
Supplier       CFM INTERNATIONAL INC, CINCINNATI OH
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   CITICORP NORTH AMERICA INC, NEW YORK NY
Lessor         SPV/AUSTRIAN AIRLINES LEASE & FINANCE CO, CAYMAN ISLANDS CAYMAN ISLANDS
Lessee         AUSTRIAN AIRLINES LEASE & FINANCE CO LTD, ST. PETER PORT GUERNSEY GY14EE UK
Lessee         LAUDA AIR, VIENNA AUSTRIA
Cofin ECA 	   None

Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Financed Amount USD  204,211,319
Repayment Term  12 YEARS

Board Decision APPROVED