SUMMARY OF MINUTES OF MEETING OF LOAN COMMITTEE
August 14, 1998

Item No. 1
Country: Argentina Policy No.: MTA-192690
Request for: Insuance Policy Commitment (New)
Policy Type: Single Sale Coverage Type/Term: Comprehensive/MT
Insured: Ayres Corporation, Albany, GA
Buyer/Obligor: Luis Alberto Cura, Oran, Argentina
Guarantors: None
End-User: Luis Alberto Cura, Oran, Argentina
Exporter: Ayres Corporation, Albany, GA
Supplier: Ayres Corporation, Albany, GA
Product: One Ayres model S2R-G1/400 Turbo Thrush crop duster and accessories
Ex-Im Bank Liability (Millions): USD0 - USD1
Loan Committee Decision: APPROVED

Item No. 2
Country: Turkey Policy No.: MTA-191262
Request for: Policy (New)
Policy Type: Single Sale/Multiple Shipments
Coverage Type/Term: Comprehensive/MT
Insured: CoreStates Bank N.A., Philadelphia, PA
Buyer/Obligor: Done Pazarlama ve Dagitim A.S., Istanbul, Turkey
Guarantor: Korfez Bankasi A.S., Istanbul, Turkey
End-User: Done Pazarlama ve Dagitim A.S., Istanbul, Turkey
Exporter: Two Rivers Construction, Inc., Blackfoot, ID
Suppliers: Two Rivers Construction, Inc., Blackfoot, ID
Kirk Manufacturing, Blackfoot, ID
and additional suppliers
Product: Storage Silos for Potatoes
Ex-Im Bank Liability (Millions): USD0 - USD1
Loan Committee Decision: APPROVED

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MEETING OF BOARD OF DIRECTORS