SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
MARCH 10, 2000

Item No. 5
Division: Insurance
Country: Mexico Policy No.: MTR-210344
Request for: Insurance Policy (New)
Policy Type: Multiple Sales/Multiple Shipments
Coverage Type/Term: Comprehensive/MT
Insured: PNC Bank, Pittsburgh, PA
Buyer/Obligor: Express Tres Fronteras, S.A. de C.V., Chihuahua, Mexico
Guarantor : Manuel Andazola Gonzalez, Chihuahua, Mexico
End-User: Express Tres Fronteras, S.A. de C.V., Chihuahua, Mexico
Exporters/Suppliers: Navistar International Corp., Chicago, IL
Volvo Trucks North America, Inc., Greensboro, NC
Utility Trailer Manufacturing Company, Inc., City of Industry, CA
Broker: Export Insurance Agency, Walpole, MA
Products: Tractor trailers and dry freight vans/trailers
Ex-Im Bank Liability (Millions): USD1 - USD5
Credit Committee Decision: APPROVED

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MEETING OF CREDIT COMMITTEE