News | Board Minutes | 2004

               EXPORT-IMPORT BANK OF THE UNITED STATES

          SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

                       DECEMBER 10, 2004

ITEM NO 1

Country:  PHILIPPINES - POLICY NO. MTA-276790

Request for:  Commitment (New)

Policy Type:  Single Sale / Single Shipment

Coverage Type/Term:  Comprehensive/MT

Insured:      East West Bank, San Marino, CA

Exporter:     Dankim Trading, Boynton Beach, FL  33426-8810

Supplier:     Merrow Machine Company, Newport, CT  06111-1241

Supplier:     United Sewing Machine Sales LLC, Conover, NC  28613-8202

Insurance Broker: Meridian Finance Group

Products:         Garmet production equipment

Eximbank Liability (Millions):  $1 - $5

Credit Committee Decision APPROVED

ITEM NO 2

Country:  MEXICO - POLICY NO. MTR-275354

Request for:  Commitment (New)

Policy Type:  Repetitive Sales

Coverage Type/Term:  Comprehensive/MT

Insured:          Hemisphere National Bank, Miami, FL  33166-6678

Exporter:         Nucor Yamato Steel Company, Ltd., Amorel, AR 72310-1228

Exporter:         Guardian Industries Corp., Auburn Hills, MI  48326-1714

Insurance Broker: International Risk Consultants, Columbus, OH

Products:         Steel beams and glass for construction of office building

Eximbank Liability (Millions):  $1 - $5

Credit Committee Decision APPROVED

ITEM NO 3

Country NIGERIA                                AP081174XX

Request for FINAL COMMITMENT

Applicant      UPS CAPITAL BUSINESS CREDIT, HARTFORD CT

Exporter       HUGHES NETWORK SYSTEMS, INC., GERMANTOWN MD

Supplier       HUGHES NETWORK SYSTEMS, INC., GERMANTOWN MD

Gteed Lender   UPS CAPITAL BUSINESS CREDIT, HARTFORD CT

Project Description SATELLITE INTERNET NETWORK

Product Description SATELLITE COMMUNICATION EQUIPMENT

Financed Amount $    4,204,417

Repayment Term  5 YEARS

Credit Committee Decision APPROVED