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Summary of the Meeting of the Board of Directors

Thursday, April 2, 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 OF MEETING OF BOARD OF DIRECTORS
APRIL 2, 1998

ITEM NO 1
Proposal for a one-year Pilot Program (in two Phases) to grant Lender Status and
Delegated Authority Lender Status to the Pennsylvania Dept. of Community and Economic
Development, a City/State Partner, under the Working Capital Guarantee Program
Board Decision: APPROVED

ITEM NO 2
Adoption of Amended Environmental Procedures and Guidelines and
Nuclear Procedures and Guidelines, to be effective April 2, 1998 thru April 1, 2001
Board Decision: APPROVED

ITEM NO 3
Minutes of Meeting of March 19, 1998, to be approved
Board Decision: APPROVED

ITEM NO 3A
Advisory Committee
Board Decision: Elected the persons listed on Attachment A to be members of the Advisory Committee for 1998.

Item No 4
Bank Letter of Credit Policy No. ELC-11307
Policy type: Comprehensive / Amendment
Insured: Corestates Bank N.A. Philadelphia, PA
Products: Various, principally computer chips/integrated circuts, auto parts, industrial equipment, chemicals and wood pulp
Ex-Im Bank Liability (Millions): USD20+
Board Decision: APPROVED

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
APRIL 2, 1998

ITEM NO 5
Country ROMANIA AP072552XX
Request for FINAL COMMITMENT
Applicant FIRST NATL BANK OF NEW ENGLAND, HARTFORD CT
Borrower RATMIL R.A., BUCHAREST ROMANIA
Guarantor MINST OF FINANCE, SECTOR 1, BUCHAREST ROMANIA
Buyer RATMIL R.A., BUCHAREST ROMANIA
End-user METROM SA, BRASOV ROMANIA
Exporter INTERGRATED INDUSTRIAL SYSTEMS, WALLINGFORD CT
Supplier INTERGRATED INDUSTRIAL SYSTEMS, WALLINGFORD CT
Supplier MONARCH MACHINE TOOL CO THE*, SIDNEY OH
Supplier ADDITIONAL SUPPLIERS
Gteed Lender FIRST NATL BANK OF NEW ENGLAND, HARTFORD CT
Project Name BRASOV PLANT MODERNIZATION
Project Description INDUSTRIAL PLANT
Product Description METAL ROLLING MILL MACHINERY
Financed Amount USD14,802,678
Repayment Term 5 YEARS
Board Decision APPROVED

ITEM NO 6
Country PHILIPPINES PC068806XX
Request for AMENDMENT OF PRELIMINARY COMMITMENT
Applicant TIDELAND SIGNAL CORPORATION, HOUSTON TX
Borrower DEPT OF FINANCE OF PHILIPPINES, METRO MANILA PHILIPPINES
Guarantor NONE
Buyer DEPT OF TRANSPORT & COMMUNICATIONS, METRO MANILA PHILIPPINES
End-user DEPT OF TRANSPORT & COMMUNICATIONS, METRO MANILA PHILIPPINES
Exporter TIDELAND SIGNAL CORPORATION, HOUSTON TX
Supplier TIDELAND SIGNAL CORPORATION, HOUSTON TX
Gteed Lender FINANCIAL INSTITUTION ACCEPTABLE TO EIB
Project Name MARINE SAFETY IMPROVEMENT PROJECT
Project Description ADMINISTRATION OF MARINE TRANSPORT
Product Description NAVIGATION AIDS
Ex-Im Bank Liability (Millions) USD20+
PC Expiry Date 05/14/98
Board Decision APPROVED

MEETING OF BOARD OF DIRECTORS