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Summary of the Meeting of the Board of Directors

Wednesday, March 11, 1998
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Monday, April 21, 2003

EXPORT - IMPORT BANK OF THE UNITED STATES
MEETING OF THE LOAN COMMITTEE SUMMARY OF MINUTES
MARCH 11, 1998

ITEM NO: 1. Policy No.: MTR-187732
Country: El Salvador
Request For: Policy (New)
Policy Type: Repetitive Sales Coverage Type/Term: Comprehensive/MT
Insured: Citibank N.A., New York, NY.
Buyer/Obligor: Valores Agroindustriales S.A. de C.V., San Salvador, El Salvador.
Guarantor: Embotelladora Salvadore?a S.A., San Salvador, El Salvador.
End-User: Valores Agroindustriales S.A. de C.V., San Salvador, El Salvador.
Exporters: Navistar International and IBM.
Suppliers: Navistar International and IBM.
Product: 20 Navistar trucks and an IBM AS/400 client server system.
Eximbank Liability (MILLIONS): USD0 - USD1
Loan Committee Decision: APPROVED

ITEM NO 2
Country TURKEY AP073063XX
Request for FINAL COMMITMENT
Applicant ABN AMRO BANK N.V., CHICAGO IL
Borrower FINAS FINANSAL KIRALAMA A.S., ISTANBUL 80600 TURKEY
Guarantor FINANSBANK, ISTANBUL TURKEY
Buyer FINAS FINANSAL KIRALAMA A.S., ISTANBUL 80600 TURKEY
End-user FINAS FINANSAL KIRALAMA A.S., ISTANBUL 80600 TURKEY
Exporter CESSNA AIRCRAFT COMPANY THE, WICHITA KS
Supplier CESSNA AIRCRAFT COMPANY THE, WICHITA KS
Gteed Lender ABN AMRO BANK N.V., CHICAGO IL
Project Description EQUIPMENT LEASING
Product Description 1997 CESSNA CITATION JET (TURB) AIRCRAFT
Financed Amount USD 3,180,592
Repayment Term 7 YEARS
Loan Committee Decision APPROVED

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF LOAN COMMITTEE
MARCH 11, 1998
ITEM NO 3
Country TURKEY AP072495XX
Request for FINAL COMMITMENT
Applicant NATIONSBANK, N.A., CHARLOTTE NC
Borrower SABAH YAYINCILIK A S, ISTANBUL, TURKEY
Guarantor MEDYA HOLDING A S, ISTANBUL, TURKEY
Buyer SABAH YAYINCILIK A S, ISTANBUL, TURKEY
End-user SABAH YAYINCILIK A S, ISTANBUL, TURKEY
Exporter GOSS GRAPHIC SYSTEMS INC., WESTMONT IL
Supplier GOSS GRAPHIC SYSTEMS INC., WESTMONT IL
Gteed Lender NATIONSBANK, N.A., CHARLOTTE NC
Project Description NEWSPAPER PUBLISHING
Product Description GOSS PRINTING EQUIPMENT
Financed Amount USD 1,032,864
Repayment Term 5 YEARS
Loan Committee Decision APPROVED

ITEM NO 4
Country TURKEY AP072496XX
Request for FINAL COMMITMENT
Applicant NATIONSBANK, N.A., CHARLOTTE NC
Borrower SABAH YAYINCILIK VERLAGS GMBH, MORFELDEN GERMANY FED REP
Guarantor SABAH YAYINCILIK A S, ISTANBUL, TURKEY
Guarantor MEDYA HOLDING A S, ISTANBUL, TURKEY
Buyer SABAH YAYINCILIK VERLAGS GMBH, MORFELDEN GERMANY FED REP
End-user SABAH YAYINCILIK VERLAGS GMBH, MORFELDEN GERMANY FED REP
Exporter GOSS GRAPHIC SYSTEMS INC., WESTMONT IL
Supplier GOSS GRAPHIC SYSTEMS INC., WESTMONT IL
Gteed Lender NATIONSBANK, N.A., CHARLOTTE NC
Project Description NEWSPAPER PUBLISHING
Product Description GOSS PRINTING EQUIPMENT
Financed Amount USD 1,793,740
Repayment Term 5 YEARS
Loan Committee Decision APPROVED

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF LOAN COMMITTEE
MARCH 11, 1998
ITEM NO 5
Country PHILIPPINES AP072952XX
Request for FINAL COMMITMENT
Applicant NATIONSBANK CORPORATION, CHARLOTTE NC
Borrower GMA NETWORK, INC., DILIMAN, QUEZON CITY, METRO MANILA PHILIPPINES
Guarantor NONE
Buyer GMA NETWORK, INC., DILIMAN, QUEZON CITY, METRO MANILA PHILIPPINES
End-user GMA NETWORK, INC., DILIMAN, QUEZON CITY, METRO MANILA PHILIPPINES
Exporter BROADCAST ELECTRONICS INC, QUINCY IL
Supplier BROADCAST ELECTRONICS INC, QUINCY IL
Gteed Lender NATIONSBANK CORPORATION, CHARLOTTE NC
Project Description RADIO & TV BROADCASTING
Product Description RADIO & TV BROADCASTING EQUIPMENT
Financed Amount USD 3,558,464
Repayment Term 5 YEARS
Loan Committee Decision APPROVED

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
MARCH 12, 1998

ITEM NO 1
MINUTES OF MEETING OF FEBRUARY 19, 1998, TO BE APPROVED
Board Decision APPROVED

ITEM NO 2
MINUTES OF MEETING OF FEBRUARY 26, 1998, TO BE APPROVED
Board Decision APPROVED

ITEM NO 2A
AMENDMENT TO AUTHORIZED SIGNATURE LIST
Board Decision APPROVED

ITEM NO 3
Working Capital Guarantee No. AP073169XX
Request for FINAL COMMITMENT

Applicant HUDSON UNITED BANK INC., MAHWAH NJ
Gteed Lender HUDSON UNITED BANK INC., MAHWAH NJ
Obligor EDWARDS ENGINEERING CORP, POMPTON PLNS NJ
Guarantor EDWARDS, MARJORIE B., KINNELON NJ
Product Description VAPOR RECOVERY SYSTEMS
Ex-Im Bank Liability (Millions) USD5 - USD20
Board Decision APPROVED

ITEM NO 4
Country: Russia Policy No.: MSM-187401
Request for: Policy (New)/Single Sale/Multiple Shipments/Comprehensive/MT

Insured: Cooperative Centrale Raifeissen-Boerenleenbank B.A.
Buyer/Obligor: SBS-Agro Bank J.S.C., Moscow, Russia
Guarantor: None
End-User: Machine Technology Stations, Omsk, Russia
Exporter: Case Corporation, Racine, WI
Supplier: Case Corporation, Racine, WI
Product: Agricultural combines, headers, wind rowers, and spare parts
Ex-Im Bank Liability (Millions): USD5 - USD20
Board Decision: APPROVED

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
MARCH 12, 1998

ITEM NO 5
Country: Russia
Request for: Delegated Authority
Policy Type: Short term/Comprehensive

Insured: Various
Buyer/Obligor: SBS-Agro Bank. J.S.C., Moscow, Russia
Guarantor: None
End-User: Various buyers in Russia
Exporter: Various
Supplier: Various
Product: Various
Ex-Im Bank Liability (Millions): USD5 - USD20
Board Decision: APPROVED

ITEM NO 6
Country MOROCCO LI072618XX
Board Decision HELD

ITEM NO 7
Country BRAZIL
Request for DELEGATED AUTHORITY

Obligor/Guarantor PETROLEO BRASILEIRO, S.A. (PETROBRAS)
Rio de Janeiro, Brazil
Delegated Authority USD100 MILLION IN MEDIUM-TERM INSURANCE AND GUARANTEES
Duration of Authority FROM DATE OF AUTHORIZATION THROUGH FEBRUARY 28, 1999.
Board Decision APPROVED

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
MARCH 12, 1998

ITEM NO 8
Country CZECH REPUBLIC AP070350XX (Conversion No. 2)
Request for FINAL COMMITMENT

Applicant CIBC WOOD GUNDY PLC, LONDON SE1 2QL UNITED KINGDOM
Borrower SPV/CZECH AIRLINES, PRAGUE 6 CZECH REPUBLIC
Guarantor NONE
Buyer CZECH AIRLINES, PRAGUE 6 CZECH REPUBLIC
End-user CZECH AIRLINES, PRAGUE 6 CZECH REPUBLIC
Exporter BOEING COMPANY THE*, SEATTLE WA
Supplier BOEING COMPANY THE*, SEATTLE WA
Supplier CFM INTERNATIONAL INC, CINCINNATI OH
Gteed Lender CIBC WOOD GUNDY PLC, LONDON SE1 2QL UNITED KINGDOM
Lessor SPV/CZECH AIRLINES, PRAGUE 6 CZECH REPUBLIC
Lessee CZECH AIRLINES, PRAGUE 6 CZECH REPUBLIC
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Financed Amount USD85,900,022
Repayment Term 12 YEARS
Board Decision APPROVED

ITEM NO 9
Country TURKEY AP071890XX
Request for FINAL COMMITMENT

Applicant PEGASUS HAVA TASIMACILIGI A.S., YESILYART/ISTANBUL 34800 TURKEY
Borrower SPV/PEGASUS AIRLINES, BERMUDA BERMUDA
Guarantor ENTERNASYONAL TURIZM YATIRIM SA, ISTANBUL TURKEY
Guarantor CUKUROVA HOLDING A S, ISTANBUL TURKEY
Buyer PEGASUS HAVA TASIMACILIGI A.S., YESILYART/ISTANBUL 34800 TURKEY
End-user PEGASUS HAVA TASIMACILIGI A.S., YESILYART/ISTANBUL 34800 TURKEY
Exporter BOEING COMPANY THE*, RENTON WA
Supplier BOEING COMPANY THE*, SEATTLE WA
Supplier CFM INTERNATIONAL INC, CINCINNATI OH
Gteed Lender PRIVATE EXPORT FUNDING CORP, NEW YORK NY
Lessor SPV/PEGASUS AIRLINES, BERMUDA BERMUDA
Lessee PEGASUS HAVA TASIMACILIGI A.S., YESILYART/ISTANBUL 34800 TURKEY
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Financed Amount USD24,395,035
Repayment Term 12 YEARS
Board Decision APPROVED AS RECOMMENDED; DENIED REQUEST TO FINANCE ANCILLARY FEES.
APPROVED PEFCO PARTICIPATION.

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF LOAN COMMITTEE
MARCH 13, 1998
ITEM NO 1
Country BRAZIL AP073066XX
Request for FINAL COMMITMENT
Applicant BANKBOSTON N.A., BOSTON MA
Borrower EDITORA O DIA SA, RIO DE JANEIRO, RJ BRAZIL
Guarantor ARCO PARTICIPACOES LTDA., 20235-900 RIO DE JANEIRO, RJ BRAZIL
Guarantor CARVALHO, ANTONIO ARY DE, 20235-900 RIO DE JANEIRO RD BRAZIL
Buyer EDITORA O DIA SA, RIO DE JANEIRO, RJ BRAZIL
End-user EDITORA O DIA SA, RIO DE JANEIRO, RJ BRAZIL
Exporter WESTERN LITHO PLATE & SUP CO, SAINT LOUIS MO
Supplier WESTERN LITHO PLATE & SUP CO, SAINT LOUIS MO
Supplier STAR INTERNATIONAL CORP, WESTMONT IL
Gteed Lender BANKBOSTON N.A., BOSTON MA
Project Description NEWSPAPER PUBLISHING
Product Description PLATE PROCESSER & RELATED MACHINERY
Financed Amount USD1,440,533
Repayment Term 5 YEARS
Loan Committee Decision APPROVED

ITEM NO: 2. Policy No.: MTA-188466
Country: Brazil
Request For: Commitment (New)
Policy Type: Single Sale/Single Shipment Coverage Type/Term: Comprehensive/MT
Insured: Senstar Finance Company, Pittsburgh, PA
Buyer/Obligor: Constructora Queiroz-Galvao S.A., Rio de Janeiro, Brazil.
End-User: Constructora Queiroz-Galvao S.A., Rio de Janeiro, Brazil.
Exporter: Telsmith Inc., Milwaukee, WI.
Supplier: Telsmith Inc., Milwaukee, WI.
Product: Telsmith portable rock crushing plant.
Eximbank Liability (MILLIONS): USD1 - USD5
Loan Committee Decision: APPROVED

MEETING OF BOARD OF DIRECTORS