News | Board Minutes | 2007

                              EXPORT-IMPORT BANK OF THE UNITED STATES

                  SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS

                                                   AUGUST 16, 2007

ITEM NO 1

Country SAUDI ARABIA   PC083340XX

Request for PRELIMINARY COMMITMENT

Applicant      SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA

Borrower       SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA

Guarantor      NONE

Buyer          SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA

End-user       SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA

Exporter       GENERAL ELECTRIC COMPANY, FAIRFIELD CT

Supplier       GENERAL ELECTRIC COMPANY, FAIRFIELD CT

Gteed Lender   CALYON S.A., NEW YORK NY

Cofin ECA      COFACE, PARIS FRANCE

Cofin ECA      SACE, ROME ITALY

Project Name   NONE

Project Description COMBINED CYCLE POWER PLANTS

Product Description GAS TURBINES

Ex-Im Bank Liability (Millions) 20+

PC Expiry Date 02/16/08

Board Decision APPROVED