EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
AUGUST 26, 1999

ITEM NO 5C
Country SAUDI ARABIA PC075303XX
Request for PRELIMINARY COMMITMENT
Applicant CHASE MANHATTAN BANK, NEW YORK NY
Borrower SPV/SAUDI ARABIAN AIRLINE, JEDDAH SAUDI ARABIA
Guarantor NONE
Buyer SPV/SAUDI ARABIAN AIRLINE, JEDDAH SAUDI ARABIA
End-user SAUDI ARABIAN AIRLINES CORP, JEDDAH, SAUDI ARABIA
Exporter BOEING COMPANY, THE, SEATTLE WA
Supplier BOEING COMPANY, THE, SEATTLE WA
Supplier GENERAL ELECTRIC COMPANY, CINCINNATI, OH
Supplier ADDITIONAL SUPPLIERS
Gteed Lender CHASE MANHATTAN BANK, NEW YORK NY
Lessor SPV/SAUDI ARABIAN AIRLINE, JEDDAH SAUDI ARABIA
Lessee MINST OF FINANCE OF SAUDI ARABIA, RIYADH SAUDI ARABIA
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Board Decision REFER TO U.S. CONGRESS

ITEM NO 6
Country MEXICO AP074398XX
Request for FINAL COMMITMENT
Applicant PEMOPRO S.A. DE C.V., MEXICO D.F. 06600 MEXICO
Borrower PEMOPRO S.A. DE C.V., MEXICO D.F. 06600 MEXICO
Guarantor NONE
Buyer PEMEX REFINACION S.A. DE C.V., MEXICO, DF MEXICO
End-user PEMEX REFINACION S.A. DE C.V., MEXICO, DF MEXICO
Exporter SIEMENS CORPORATION, NEW YORK NY
Supplier SIEMENS CORPORATION, NEW YORK NY
Supplier VARIOUS, UNKNOWN
Gteed Lender ABN AMRO NORTH AMERICA INC, CHICAGO IL
Post-Completion Borrower: Petroleos Mexicanos (PEMEX)
Project Name MADERO REFINERY
Project Description PETROLEUM REFINERY UPGRADE
Product Description INSTRUMENTATION & CONTROL EQUIPMENT
Board Decision REFER TO U.S. CONGRESS

MEETING OF BOARD OF DIRECTORS