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APRIL FOLEY JOINS EX-IM BANK BOARD OF DIRECTORS

FOR IMMEDIATE RELEASE April 22, 2003

Media Contact Name/Phone: 

Bo Ollison (202) 565-3200

April H. Foley, of South Salem, New York, was appointed today as a member of the board of directors of the Export-Import Bank of the United States (Ex-Im Bank). President George W. Bush nominated Foley for the position on April 10, 2003.

April is a first class business executive who will do an excellent job, said Ex-Im Bank Chairman Philip Merrill.

I am proud and honored that President Bush has placed his trust in me, said Foley. I am excited to have the opportunity to serve my country and contribute to the implementation of the Bush vision for America through my work at Ex-Im Bank.

Early in her career, Foley served as director of business planning for corporate strategy with PEPSICO, Inc. She also served as director of strategy for Reader's Digest Association. More recently, she served as a member of the board of director's and president of the United Way of Northern Westchester, NY.

Foley, a native of Avon Lake, OH, is a graduate of Smith College and also received masters in business administration from Harvard University.

Ex-Im Bank is an independent U.S. government agency that helps finance the sale of U.S. exports primarily to emerging markets throughout the world by providing loan guarantees, export credit insurance, and direct loans. In fiscal year 2002, Ex-Im Bank supported $13 billion of U.S. exports worldwide.