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Summary of the Meeting of the Credit Committee

Friday, October 13, 2000
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Monday, April 21, 2003

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
OCTOBER 13, 2000

Item No.1
Country: Mexico Policy No.: MTR-217679
Request for: Insurance Policy (New)
Policy Type: Repetitive Sales/Multiple Shipments
Coverage Type/Term: Comprehensive/MT
Insured: U.S. Bank, N.A., Minneapolis, MN
Buyer: Agr?cola Tarriba, S. de R.L. de C.V., Culiac?n, Sinaloa, Mexico
Guarantors: Agr?cola Alex, S. de R.L. de C.V., Culiac?n, Sinaloa, Mexico
Empresas Tarriba, S.A. de C.V., Culiac?n, Sinaloa, Mexico
and additional guarantor
End-User: Agr?cola Tarriba, S. de R.L. de C.V., Culiac?n, Sinaloa, Mexico
Exporters: The Toro Company, El Cahon, CA 92020-1523
Maf Industries, Inc., Traver, CA 93673
Suppliers: Same as exporters and
additional supplier
Broker: Provident Traders, Inc., San Rafael, CA
Products/Use: Agricultural equipment and installation services
Ex-Im Bank Liability (Millions): USD1 - USD5
Credit Committee Decision: APPROVED

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MEETING OF CREDIT COMMITTEE