EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
DECEMBER 1, 2000

ITEM NO 1 Elimination of USD100 Application Fee for Final Commitment Applications
Board Decision: APPROVED, except for Working Capital Guarantees,
effective as of January 1, 2001

ITEM NO 2
Country THAILAND AP076833XX
Request for FINAL COMMITMENT

Applicant THAI AIRWAYS INTERNATIONAL LTD, BANGKOK 10900, BKK THAILAND
Borrower SPV/THAI AIRWAYS INTERNATIONAL LTD, BANGKOK 10900, BKK THAILAND
Guarantor NONE
Buyer SPV/THAI AIRWAYS INTERNATIONAL LTD, BANGKOK 10900, BKK THAILAND
End-user THAI AIRWAYS INTERNATIONAL LTD, BANGKOK 10900, BKK THAILAND
Exporter BOEING COMPANY, THE, SEATTLE WA
Supplier BOEING COMPANY, THE, SEATTLE WA
Gteed Lender BARCLAYS BANK PLC, NEW YORK NY
Lessor SPV/THAI AIRWAYS INTERNATIONAL LTD, BANGKOK 10900, BKK THAILAND
Lessee THAI AIRWAYS INTERNATIONAL LTD, BANGKOK 10900, BKK THAILAND
Project Description AIR TRANSPORTATION
Product Description AIRFRAMES

Board Decision REFER TO U.S. CONGRESS

ITEM NO 3
Country INDIA AP076029XX
Request for FINAL COMMITMENT

Applicant JET AIRWAYS (INDIA) PVT. LTD., MUMBAI - 400021 INDIA
Borrower SPC/JET AIRWAYS LTD, MUMBAI 400021 INDIA
Guarantor NONE
Buyer SPC/JET AIRWAYS LTD, MUMBAI 400021 INDIA
End-user JET AIRWAYS (INDIA) PVT. LTD., MUMBAI - 400021 INDIA
Exporter BOEING COMPANY, RENTON WA
Supplier CFM INTERNATIONAL INC, CINCINNATI OH
Supplier BOEING COMPANY, THE, SEATTLE WA
Gteed Lender STANDARD CHARTERED BANK, NEW YORK NY
Lessor SPC/JET AIRWAYS LTD, MUMBAI 400021 INDIA
Lessee JET AIRWAYS (INDIA) PVT. LTD., MUMBAI - 400021 INDIA
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT

Board Decision REFER TO U.S. CONGRESS

ITEM NO 4. Russian Banking Sector Study 2000
Board Decision: APPROVED

ITEM NO 5 Sub-sovereign Ratings
Board Decision: ALL DEALS WHICH ARE SUB-SOVEREIGN COME
TO BOARD FOR CONSIDERATION

MEETING OF BOARD OF DIRECTORS