SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
FEBRUARY 23, 2001

ITEM NO 1
Country PHILIPPINES AP077021XX
Request for FINAL COMMITMENT
Applicant FIRST INTERNATIONAL BANK, HARTFORD CT
Borrower MELAWARES MANUFACTURING CORPORATION, PATRERO, MALABON, METRO MANILA
PHILIPPINES
Guarantor CHUA, DAVID D., PASIG PHILIPPINES
Guarantor CHUA, MELESA D, PASIG CITY PHILIPPINES
Buyer MELAWARES MANUFACTURING CORPORATION, PATRERO, MALABON, METRO MANILA
PHILIPPINES
End-user MELAWARES MANUFACTURING CORPORATION, PATRERO, MALABON, METRO MANILA
PHILIPPINES
Exporter JOK DISTRIBUTING COMPANY, KING OF PRUSSIA PA
Supplier VAN DORN DEMAG CORPORATION, STRONGSVILLE OH
Supplier MINARIK CORPORATION, GLENDALE CA
Supplier ADDITIONAL SUPPLIERS
Gteed Lender FIRST INTERNATIONAL BANK, HARTFORD CT
Project Description MANUFACTURER OF PLASTIC DINNER PLATES
Product Description INJECTION MOLDING MACHINES & ACCESS.
Financed Amount USD2,252,206
Repayment Term 5 YEARS
Credit Committee Decision APPROVED

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MEETING OF CREDIT COMMITTEE