News | Board Minutes | 2003

              EXPORT-IMPORT BANK OF THE UNITED STATES

         SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

                          DECEMBER 19, 2003

ITEM NO 1

Country RUSSIA                                 AP080218XX

Request for FINAL COMMITMENT

Applicant      WORLDBUSINESS CAPITAL, INC., HARTFORD CT

Borrower       LLC PROMSVIAZLEASING, MOSCOW B-49, 119991 RUSSIA

Guarantor      PROMSVIAZBANK, MOSCOW, 109052 RUSSIA

Buyer          LLC PROMSVIAZLEASING, MOSCOW B-49, 119991 RUSSIA

End-user       AGROTON-S, STRAVROPOL, 355003 RUSSIA

Exporter       CHEMOTON USA, LLC, LEWES DE

Supplier       CASE CORPORATION, RACINE WI

Gteed Lender   WORLDBUSINESS CAPITAL, INC., HARTFORD CT

Project Description CORN, WHEAT AND OTHER CROP FARMING

Product Description FARM MACHINERY AND EQUIPMENT MANUFACTURING

Financed Amount $   10,211,196

Repayment Term  5 YEARS

Credit Committee Decision APPROVED

ITEM NO 2

Country MEXICO                                 AP079769XX

Request for FINAL COMMITMENT

Applicant      MANUFACTURERS AND TRADERS TRUST CO., BALTIMORE MD

Borrower       PAVIMENTOS DE LA LAGUNA S.A. DE C.V., CHIHUAHUA MEXICO

Guarantor      LEAL MARTINEZ, RICARDO, CHIHUAHUA MEXICO

Buyer          PAVIMENTOS DE LA LAGUNA S.A. DE C.V., CHIHUAHUA MEXICO

End-user       PAVIMENTOS DE LA LAGUNA S.A. DE C.V., CHIHUAHUA MEXICO

Exporter       TELSMITH INC., MEQUON WI

Exporter       CANICA, DURAND MI

Exporter       ADDITIONAL EXPORTERS

Supplier       TELSMITH INC., MEQUON WI

Supplier       CANICA, DURAND MI

Supplier       ADDITIONAL SUPPLIERS

Gteed Lender   MANUFACTURERS AND TRADERS TRUST CO., BALTIMORE MD

Project Name

Project Description CREDIT GUARANTEE FACILITY

Product Description CONSTRUCTION AND MINING (EXCEPT OIL WEL

Financed Amount $    2,790,301

Repayment Term  5 YEARS

Credit Committee Decision APPROVED

            Item No. 3

           Country: Mexico   -  Policy No.:  MTA-259135

           Request For: Commitment (New)             

           Policy Type: Single Sale/Single Shipment                                             

           Coverage Type/Term: Comprehensive/MT

            Insured:             The Toronto-Dominion Bank, N.A., Houston, TX 77010

           Buyer/Obligor:   Ripper Construcciones, S.A. de C.V., Ciudad Victoria, Tamaulipas,              

                                          Mexico

           Guarantors:        Jose Felipe Nunez Tamez and Joel Ovidio Illoldi Garcia Cerda

           End-User:           Buyer/Obligor

           Exporter:            San Antonio Trade Group, Inc., San Antonio, TX 78212-3421    

       
           Suppliers:         Case Construction Equipment, Inc., Racine, WI 53404-3343
                                       Ingersoll-Rand Co., Inc., Woodcliff Lake
                                       and additional suppliers
           Broker:             Penn International, San Antonio, TX
           Product/Use:     New and used construction equipment for highway construction and                          

                                        maintenance

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

           Credit Committee Decision:  APPROVED