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Summary of the Meeting of the Credit Committee

Friday, July 27, 2001
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Monday, April 21, 2003

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
JULY 27, 2001

Item No. 1
Country: Peru Policy No.: MSM-225516
Request for: Insurance Policy
Policy Type: Single Sale/Multiple Shipments
Coverage Type/Term: Comprehensive/MT
Insured: Hemisphere National Bank, Miami, FL
Buyer/Obligor: Rico Pollo S.A., Arequipa, Peru
Guarantor: Enrique Zapata Martineau, Arequipa, Peru
End-User: Rico Pollo S.A., Arequipa, Peru
Exporter: Poultry and Industrial Suppliers (PIS) Inc., Miami, FL 33186-6479
Supplier: Chore-Time Brock (CTB) Inc., Milford, IN 46542-9752
Broker : Risk Protection International, Stratford, CT
Product/Use: Poultry feed equipment
Ex-Im Bank Liability (Millions): USD1 - USD5
Credit Committee Decision: APPROVED

Item No. 2
Country: Ghana Policy No.: MSM-222927
Request for: Insurance Policy (New)
Policy Type: Single Sale/Multiple Shipments
Coverage Type/Term: Comprehensive/MT
Insured: Allfirst Bank, Baltimore, MD, 21201-3320
Borrower: Modern Industrial Complex Works (WA) Ltd., Takoradi, Ghana
Guarantor: Joint and several guaranties of Charles H. Armah, Jonathan A. Armah and
Christian G. Armah of Takoradi, Ghana
End-User: Modern Industrial Complex Works (WA) Ltd., Takoradi, Ghana
Exporter: A.L. Molesworth, Inc., Boca Raton, FL, 33433-3999
Suppliers: Terex Americas, Tulsa, OK 74107-8813
Freighliner Corporation, Portland, OR 97217-7637
and additional suppliers
Broker: Johnstone Downey Klein, Columbus, OH
Product: Used bulldozer, tractors and trailers
Ex-Im Bank Liability (Millions): USD0 - USD1
Credit Committee Decision: APPROVED

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MEETING OF CREDIT COMMITTEE