News | Board Minutes | 2004

                                       EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

                                                          JULY 16, 2004

Item No. 1

Country:  Israel - Policy No. ESC-163287

Request for: Short-term Insurance / Amendment & Renewal

Policy Type:  Multibuyer - ST

Coverage Type/Term:  90 days open account

Insured:              Transtar Metals, Inc.

Buyer/Obligor:    Israel Aircraft Industries Ltd.

End-User:          Same

Guarantor:          None

Exporter:            Transtar Metals, Inc.

Broker:               International Insurance Associates

Product/Use:      Aluminum products for use in the aerospace and aircraft industries

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

Credit Committee Decision:  Approved

Item No. 2

Country:  Mexico - Policy No. MSM-268185

Request for: Commitment (New)

Policy Type:  Single Sale/Multiple Shipments

CoverageType/Term:  Comprehensive/MT

Insured:            Manufacturers & Traders Company, Baltimore, MD  21201-3330

Buyer:              Transportes Don Lupe Varela, S.A. de C.V., Juarez, Chihuahua, Mexico

Borrower:        Same

End-User:        Same

PSOR:             Same

Guarantors       Luis Carlos Varela Granados, Cd. Juarez, Chihuahua, Mexico

                          Guadalupe Osvaldo Varela Granados, Cd. Juarez, Chihuahua, Mexico

                            and additional guarantors

Exporter:         Machinery & Parts Exportex Co., El Paso, TX 79925-2053

Suppliers:        FMC Technologies, Inc., Orlando, FL  32809-5620

                          NMC-Wollard, Inc., Eau Claire, WI  545703-9693

                          and additional suppliers

Broker:           International Risk Consultants, Columbus, OH

Product/Use:   Used cargo handling equipment

                        to be used in buyers ground transportation operations

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

Credit Committee Decision:  Approved

Item No. 3

Country:  India - Policy No. MTR-265892

Request for: Policy (New)

Policy Type:  Single Buyer/Repetitive Sales

CoverageType/Term:  Comprehensive/MT

Insured:         WorldBusiness Capital, Inc., Hartford, CT

Buyer:            Indian Infrastructure Equipment, Ltd., New Delhi, India

Borrower:      Same

End-User:      Same

PSOR:          Same

Guarantor:     None

Exporters:      Various manufacturers of construction equipment to be determined

Broker:          Export Insurance Agency

Product/Use:  Various construction equipment

Credit Committee Decision:  Denied