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Summary of the Meeting of the Board of Directors

Thursday, September 20, 2001
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Monday, April 21, 2003

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
SEPTEMBER 20, 2001

ITEM NO 1
Country KOREA, REPUBLIC OF AP077531XX
Request for FINAL COMMITMENT

Applicant KOREAN AIR LINES CO. LTD., SEOUL KOREA, REP OF
Borrower SPV/KOREA AIR LINES, SEOUL KOREA, REP OF
Guarantor KOREAN AIR LINES CO. LTD., SEOUL KOREA, REP OF
Buyer SPV/KOREA AIR LINES, SEOUL KOREA, REP OF
End-user KOREAN AIR LINES CO. LTD., SEOUL KOREA, REP OF
Exporter BOEING COMPANY, THE, SEATTLE WA
Supplier BOEING COMPANY, THE, SEATTLE WA
Supplier UNITED TECHNOLOGIES CORP, EAST HARTFORD CT
Gteed Lender CITIBANK N.A., CENTRAL DISTRICT, HONG KONG HONG KONG
Lessor SPV/KOREA AIR LINES, SEOUL KOREA, REP OF
Lessee KOREAN AIR LINES CO. LTD., SEOUL KOREA, REP OF

Project Description AIR TRANSPORTATION
Product Description Aircraft
Financed Amount USD 655,070,596
Repayment Term 12 YEARS

Board Decision APPROVED,SUBJECT TO BOARD'S SATISFACTION OF RESOLUTION OF INSURANCE ISSUE
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MEETING OF BOARD OF DIRECTORS