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Summary of the Meeting of the Board of Directors

Thursday, June 1, 2000
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Monday, April 21, 2003

SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
JUNE 1, 2000

ITEM NO 1 Minutes of MAY 24, 2000, Board Meeting to be approved.
Board Decision: APPROVED

ITEM NO 2 Private Sector Risk Sharing Invitation to Submit Proposals:
Progress report and recommendation
Board Decision: APPROVED

ITEM NO 3
Country Mexico AP075666XX
Request for Final Commitment
Applicant Standard Chartered Bank, Miami FL
Borrower Tubos De Acero De Mexico SA, Mexico, D.F. Mexico
Guarantor Tamtrade S.A. De C.V., Df 11560 Mexico
Guarantor Tamsider S.A. De CV, Mpio. Veracruz, 91697 Tejeria, Veraruz Mexico
Guarantor Additional Guarantors
Buyer Tubos De Acero De Mexico SA, Mexico, D.F. Mexico
End-user Tubos De Acero De Mexico SA, Mexico, D.F. Mexico
Exporter Mannesmann Demag Corp., Coraopolis PA
Supplier Mannesmann Demag Corp., Coraopolis PA
Gteed Lender Standard Chartered Bank, Miami FL
Project Description Manufacturer of Steel Piping
Product Description 150t Vacuum Tank Degasser
Board Decision Denied Ex-Im Bank support on grounds of net adverse economic impact.

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MEETING OF BOARD OF DIRECTORS