EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
DECEMBER 5, 2000

Item No. 1
Country: Honduras Policy No.: MTA-219907
Request for: Insurance Commitment (New)
Policy Type: Single Sale/Single Shipment
Coverage Type/Term: Comprehensive/MT
Insured: Union Planters Bank, N.A., Coral Gables, FL
Borrower/Obligor: Banco Grupo El Ahorro Hondure?o, S.A. (BGA), Tegucigalpa, Honduras
End-User: Caracol Knits, S.A. de C.V., San Pedro Sula, Honduras
Exporter/Supplier: Vanguard Supreme, Monroe, NC 28111-5009
Broker: Credittrade Solutions, Inc., Lake Worth, FL
Products/Use: Circular knitting machines
Ex-Im Bank Liability (Millions): USD1 - USD5
Credit Committee Decision: APPROVED

MEETING OF CREDIT COMMITTEE