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Summary of the Meeting of the Credit Committee

Tuesday, November 23, 1999
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Monday, April 21, 2003

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
NOVEMBER 23, 1999

Item No. 3
Country: Bolivia Policy No.: MTA-204834
Request for: Insurance Commitment (New)
Policy Type: Single Sale, Single Shipment
Coverage Type/Term: Comprehensive/MT
Insured: ABN-AMRO Bank, Miami, Fl.
Buyer: Banco BISA, S.A., La Paz, Bolivia
Guarantor: None
End-User: Optica Pauker Bolivia, Santa Cruz, Bolivia
Exporter: Gerber Coburn Optical, Inc., Miami, Fl
Supplier: Gerber Coburn Optical, Inc., Miami, Fl
Broker: Export Insurance Agency, Walpole, MA
Products: Ophthalmic equipment, (principally a lens processing machine and a lens coater)
Ex-Im Bank Liability (Millions): USD0 - USD1
Credit Committee Decision: APPROVED

Item No. 4
Country: Nicaragua Policy No.: MSM-205161
Request for: Insurance Policy (new)
Policy Type: Single Sale, Multiple Shipments
Coverage Type/Term: Comprehensive/MT
Insured: Calmaquip Engineering Corp., Miami, Florida
Buyer: Nica Hotel Corporation, S.A., Managua, Nicaragua
Guarantors: Algodonera Nicaraguense Arguello Lacayo, S.A., Jose Arguello Cardenal,
Maria Esperanza Lacayo de Arguello, Managua, Nicaragua
End-User: Nica Hotel Corporation, S.A., Managua, Nicaragua Exporter: Calmaquip Engineering Corp., Miami, Florida
Suppliers: Various
Product: Furniture, kitchen, cafeteria and laundry equipment, building materials for
a new hotel
Broker: None
Ex-Im Bank Liability (Millions): USD0 - USD1
Credit Committee Decision: APPROVED

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MEETING OF CREDIT COMMITTEE