EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
JULY 17, 2001

ITEM NO 3
Country PHILIPPINES AP077543XX
Request for FINAL COMMITMENT
Applicant FIRST INTERNATIONAL BANK, HARTFORD CT
Borrower STONEWORKS SPECIALISTS INTL CORP., MAKATI CITY PHILIPPINES
Guarantor ONG, MARILYN G., MAKATI CITY, PHILIPPINES
Guarantor ASIA SUMMIT CORP., MAKATI CITY, PHILIPPINES
Buyer STONEWORKS SPECIALISTS INTL CORP., MAKATI CITY PHILIPPINES
End-user STONEWORKS SPECIALISTS INTL CORP., MAKATI CITY PHILIPPINES
Exporter DANKIM TRADING COMPANY, YONKERS NY
Supplier GRUBER SYSTEMS INC., VALENCIA CA
Supplier AMERICAN PULVERIZER, ST. LOUIS MO
Supplier ADDITIONAL SUPPLIERS
Gteed Lender FIRST INTERNATIONAL BANK, HARTFORD CT
Project Description MARBLE MANUFACTURING
Product Description PRODUCTION LINE
Financed Amount USD1,515,733
Repayment Term 5 YEARS
Credit Committee Decision APPROVED

MEETING OF CREDIT COMMITTEE