EXPORT-IMPORT BANK OF THE UNITED STATES

              SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS

                                   OCTOBER 21, 2003

 

 

ITEM NO 1  Minutes of September 11, 2003 Board Meeting to be approved.

Board Decision:  APPROVED

 

ITEM NO 2  Minutes of September 17, 2003 Board Meeting to be approved.

Board Decision:  APPROVED

 

ITEM NO 3  Minutes of September 25, 2003 Board Meeting to be approved.

Board Decision:  APPROVED

 

ITEM NO 4  Minutes of September 29, 2003 Board Meeting to be approved.

Board Decision:  APPROVED

 

ITEM NO 5  Minutes of October 2, 2003 Board Meeting to be approved.

Board Decision:  APPROVED

 

ITEM NO 6

Country ALGERIA                                PC079979XX

Request for PRELIMINARY COMMITMENT

Applicant      SONATRACH, ALGIERS ALGERIA

Borrower       SONATRACH, ALGIERS ALGERIA

Guarantor      NONE

Buyer          SONATRACH, ALGIERS ALGERIA

End-user       SONATRACH, ALGIERS ALGERIA

Exporter       VARIOUS, UNKNOWN

Supplier       VARIOUS, UNKNOWN

Gteed Lender   FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN ZZ

Project Name  NONE

Project Description MULTIPLE OIL & GAS PROJECTS

Product Description HYDROCARBON EQUIPMENT & SERVICES

Ex-Im Bank Liability (Millions) $20+

PC Expiry Date 04/21/04

Board Decision APPROVED