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Summary of the Meeting of the Board of Directors

Tuesday, March 17, 1998
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Monday, April 21, 2003

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES MEETING OF LOAN COMMITTEE
MARCH 17, 1998

ITEM NO 1
Country: Costa Rica Policy No.: MSM-188482
Request For: Policy (New)
Policy Type: Single Sale/Multiple Shipments
Coverage Type/Term: Comprehensive/MT
Insured: Barclays Bank PLC, Miami, FL
Buyer/Obligor: Corporacion Privada De Inversiones De Centroamerica, S.A., San Jose, Costa Rica
Guarantor: None
End-User: Arrendadora PIC, S.A., San Jose, Costa Rica
Exporter: Caterpillar, Peoria, IL
Supplier: Caterpillar, Peoria, IL
Product: Two (2) wheel loaders and one (1) crawler
Eximbank Liability (MILLIONS): USD0 - USD1
Loan Committee Decision: APPROVED

ITEM NO: 2. Withdrawn

ITEM NO 3
Country TURKEY AP073049XX
Request for FINAL COMMITMENT
Applicant CORESTATES BANK NA, PHILADELPHIA PA
Borrower SANKO FINANSAL KIRALAMA A.S., GAZIANTEP TURKEY
Guarantor KORFEZ BANKASI A.S., ISTANBUL 80290 TURKEY
Buyer SANKO FINANSAL KIRALAMA A.S., GAZIANTEP TURKEY
End-user SUP HAVA, DENIZ, KARA ULASIM HIZ VE TUR, GAZIANTEP TURKEY
Exporter CESSNA AIRCRAFT COMPANY THE, WICHITA KS
Supplier CESSNA AIRCRAFT COMPANY THE, WICHITA KS
Gteed Lender CORESTATES BANK NA, PHILADELPHIA PA
Project Description AIR TRANSPORTATION, NONSCHEDULED
Product Description CESSNA CITATION 7
Financed Amount USD9,167,762
Repayment Term 7 YEARS
Loan Committee Decision APPROVED

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF LOAN COMMITTEE
MARCH 17, 1998

ITEM NO 4
Country TURKEY AP072938XX
Request for FINAL COMMITMENT
Applicant PARK AVENUE BANK, N.A. (INC), NEW YORK NY
Borrower MAKINA TAKIM ENDUSTRISI, GEBZE, CAYIROVA 41401 TURKEY
Guarantor SUREN, FURAK EROL, ISTANBUL CADDESI, CAYIR TURKEY
Guarantor KESMAK KESICI TAKIM SANAYI A.S., GEBZE, CAYIROVA 41401 TURKEY
Guarantor ADDITIONAL GUARANTORS
Buyer MAKINA TAKIM ENDUSTRISI, GEBZE, CAYIROVA 41401 TURKEY
End-user MAKINA TAKIM ENDUSTRISI, GEBZE, CAYIROVA 41401 TURKEY
Exporter INTERNATIONAL TOOL MACHINES OF FL, PALM COAST FL
Supplier INTERNATIONAL TOOL MACHINES OF FL, PALM COAST FL
Gteed Lender PARK AVENUE BANK, N.A. (INC), NEW YORK NY
Project Description MFR OF MACHINE TOOL ACCESSORIES
Product Description HIGH PRODUCTION THREAD GRINDER W/ACCES
Financed Amount USD264,838
Repayment Term 4 YEARS
Loan Committee Decision APPROVED

ITEM NO 5
Country MEXICO AP073006XX
Request for FINAL COMMITMENT
Applicant FIRST NATL BANK OF NEW ENGLAND, HARTFORD CT
Borrower GRUPO INDUSTRIAL MIRO, S.A. DE C.V., LERMA, EDO. DE
MEXICO 52000 MEXICO
Guarantor ZAGA RAYEK, SALOMON, BOSQUES DE LAS LOMAS, D MEXICO
Guarantor ZAGA BUCAY, MAYER, BOSQUES DE LAS LOMAS, D MEXICO
Guarantor ADDITIONAL GUARANTORS
Buyer GRUPO INDUSTRIAL MIRO, S.A. DE C.V., LERMA, EDO. DE
MEXICO 52000 MEXICO
End-user GRUPO INDUSTRIAL MIRO, S.A. DE C.V., LERMA, EDO. DE
MEXICO 52000 MEXICO
Exporter GASTON COUNTY DYEING MCH CO, MOUNT HOLLY NC
Supplier GASTON COUNTY DYEING MCH CO, MOUNT HOLLY NC
Gteed Lender FIRST NATL BANK OF NEW ENGLAND, HARTFORD CT
Project Description TEXTILES MANUFACTURER
Product Description DYEING MACHINES
Financed Amount USD803,646
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 19, 1998

ITEM NO 1
Board Decision: APPROVED MEMBERS OF THE SUB-SAHARAN AFRICA ADVISORY COMMITTEE
OF THE EXPORT-IMPORT BANK OF THE UNITED STATES -- SEE EXHIBIT A

ITEM NO. 1A -- WITHDRAWN

ITEM NO 2
Country BAHAMAS AP071850XX
Request for FINAL COMMITMENT
Applicant BARCLAYS BANK PLC, NEW YORK NY
Borrower MINST OF FINANCE & PLANNING, CABLE BEACH BAHAMAS
Guarantor NONE
Buyer MINST OF FINANCE & PLANNING, CABLE BEACH BAHAMAS
End-user ROYAL BAHAMAS DEFENCE FORCE, NASSAU BAHAMAS
Exporter HALTER MARINE GROUP*, GULFPORT MS
Supplier HALTER MARINE GROUP*, GULFPORT MS
Supplier CATERPILLAR INC, MOSSVILLE IL
Supplier ADDITIONAL SUPPLIERS
Gteed Lender BARCLAYS BANK PLC, NEW YORK NY
Gteed Lender ROYAL BANK OF CANADA, NEW YORK NY
Project Description NATIONAL SECURITY
Product Description 2X60M COASTAL PATROL VESSELS
Financed Amount USD22,340,718
Repayment Term 5 YEARS
Board Decision APPROVED

ITEM NO 3
Country CHINA (MAINLAND) AP073129XX
Request for FINAL COMMITMENT
Applicant CHASE SECURITIES INC., NEW YORK NY
Borrower SPV/CHINA EASTERN AIRLINES, GRAND CAYMAN CAYMAN ISLANDS
Guarantor INDUSTRIAL & COMMERCIAL BANK OF CHINA, BEIJING 100036 CHINA(MAINLAND)
Buyer SPV/CHINA EASTERN AIRLINES, GRAND CAYMAN CAYMAN ISLANDS
End-user CHINA EASTERN AIRLINES, SHANGHAI, CHINA(MAINLAND)
Exporter BOEING NORTH AMERICA INC, LONG BEACH CA
Supplier BOEING COMPANY THE*, SEATTLE WA
Supplier IAE INTERNATIONAL AERO ENGS AG, GLASTONBURY CT
Gteed Lender CHASE SECURITIES INC., NEW YORK NY
Lessor SPV/CHINA EASTERN AIRLINES, GRAND CAYMAN CAYMAN ISLANDS
Lessee CHINA EASTERN AIRLINES, SHANGHAI, CHINA(MAINLAND)
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Board Decision REFER TO U.S. CONGRESS

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
MARCH 19, 1998

ITEM NO 4
Country UZBEKISTAN AP072025XX
Request for FINAL COMMITMENT
Applicant UZBEKNEFTEGAS, TASHKENT 700047 UZBEKISTAN
Borrower UZBEKNEFTEGAS, TASHKENT 700047 UZBEKISTAN
Guarantor MINST OF FINANCE, 5 TASHKENT 700078 UZBEKISTAN
Buyer UZBEKNEFTEGAS, TASHKENT 700047 UZBEKISTAN
End-user UZBEKNEFTEGAS, TASHKENT 700047 UZBEKISTAN
Exporter ABB LUMMUS GLOBAL INC, HOUSTON TX
Supplier ABB LUMMUS GLOBAL INC, BLOOMFIELD NJ
Supplier ABB LUMMUS GLOBAL INC, HOUSTON TX
Supplier ADDITIONAL SUPPLIERS
Gteed Lender CHASE MANHATTAN BANK NA INC, BROOKLYN NY
Project Name SHURTAN
Project Description POLYETHYLENE PLANT
Product Description ENGINEERING SERVICES & EQUIPMENT
Board Decision REFER TO U.S. CONGRESS

ITEM NO 5
Country UZBEKISTAN AP073201XX
Request for FINAL COMMITMENT
Applicant NATIONAL BANK OF UZBEKISTAN, TASHKENT 700084 UZBEKISTAN
Borrower NATIONAL BANK OF UZBEKISTAN, TASHKENT 700084 UZBEKISTAN
Guarantor MINST OF FINANCE, 5 TASHKENT 700078 UZBEKISTAN
Buyer UZSELKHOZSNABREMONT, TASHKENT, 700195 UZBEKISTAN
End-user UZSELKHOZSNABREMONT, TASHKENT, 700195 UZBEKISTAN
Exporter CASE CORPORATION, RACINE WI
Supplier CASE CORPORATION, RACINE WI
Supplier CONSOLIDATED DIESEL CO., WHITAKERS NC
Supplier ADDITIONAL SUPPLIERS
Gteed Lender CITIBANK, N.A. (O.B.U.), MANAMA BAHRAIN
Project Name 5TH CASE TRANSACTION
Project Description AGRICULTURAL HARVESTING
Product Description AXIAL FLOW COMBINES W/GRAIN HEADER
Financed Amount USD20,957,691
Repayment Term 5 YEARS
Board Decision APPROVED

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
MARCH 19, 1998
Exhibit A
SUB-SAHARAN AFRICA ADVISORY COMMITTEE
March 19, 1998


Hunton & Williams
Riverfront Plaza, East Tower
951 East Byrd Street
Richmond, Virginia 23219-4074
(804) 788-8677 (312) 913-4900


Loop Capital Markets
175 West Jackson Blvd.
Suite A-635
Chicago, IL 60604


Allen Cathedral
110-31 Merrick Blvd.
Jamaica, New York 11433

Frank H. Kennedy
President and CEO
HSBC Equator Bank plc
66 Warwick Square
London SWIVZAO
44-171-821-8797


Vice President, Internation Business Development
F.C. Schaffer & Associates, Inc.
1020 Florida Boulevard
Baton Rouge, LA 70802
(504) 343-9262

2208 Milburn Lane
Reston, VA 20191
(703) 904-9694

MEETING OF BOARD OF DIRECTORS