SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
MARCH 12, 1999

ITEM NO: 1.
Country: Bolivia Policy No.: MTA-199273
Request for: Insurance Commitment
Policy Type: Single Sale/Single Shipment
Coverage Type/Term: Comprehensive/MT
Insured: ABN AMRO Bank N.V., Miami, FL
Buyer/Obligor: Banco BISA S.A., La Paz, Bolivia
Guarantor: None
End-User: Interpipe, Santa Cruz, Bolivia
Exporter: M&J International Purchasing Co., Inc. Houston TX
Supplier: Caterpillar, U.S.A. (original manufacturer)
Product: Two Used CAT 561D Pipelayer
Broker: Export Insurance Agency, Walpole, MA
Ex-Im Bank Liability (Millions): USD0 - USD1
Credit Commitee Decision: APPROVED
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MEETING OF CREDIT COMMITTEE