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Summary of the Meeting of the Credit Committee

Friday, July 2, 1999
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Monday, April 21, 2003

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
JULY 2, 1999

ITEM NO 3
Country: Turkey Policy No.: MTR-202168
Request for: Insurance Policy (New)
Policy Type: Repetitive Sales/Bank-to-Bank
Coverage Type/Term: Comprehensive/MT
Insured: First Union National Bank, Philadelphia, PA
Buyer/Obligor: Akbank T.A.S., Istanbul, Turkey
Guarantor: None
End-User: Various, Turkey
Exporter: Various
Suppliers: Various
Broker: Export Insurance Agency, Walpole, MA
Product: Various
Ex-Im Bank Liability (Millions): USD5 - USD20
Credit Committee Decision: APPROVED

ITEM NO 4
Country: Turkey Policy No.: MSM-201962
Request for: Insurance Policy (New)
Policy Type: Single Sale/ Multiple Shipments
Coverage Type/Term: Comprehensive/MT
Insured: Lucent Technologies, Inc., Pleasanton, CA
Buyer/Obligor: Vestelnet Elektronik Iletisim Ve Bilgilendirme A.S., Istanbul, Turkey
Guarantor(s): Vestel Elektronik Sanayi Ve Ticaret A.S., Istanbul, Turkey
End-User: Vestelnet Elektronik Iletisim Ve Bilgilendirme A.S., Istanbul, Turkey
Exporter: Lucent Technologies, Inc., Pleasanton, CA
Supplier(s): Lucent Technologies, Inc., Pleasanton, CA
Product: Remote Access Servers; Call Center
Broker: Export Insurance Agency, Walpole, MA
Ex-Im Bank Liability (Millions): USD0 - USD1
Credit Committee Decision: APPROVED

ITEM NO 5 -- WITHDRAWN
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MEETING OF CREDIT COMMITTEE