EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
OCTOBER 23, 2001

ITEM NO 1
Country CAMEROON AP077754XX
Request for FINAL COMMITMENT

Applicant RIGGS BANK N.A., WASHINGTON DC
Borrower SIMAP CAMEROUN S.A., BAFOUSSAM, OUEST, POB 449 CAMEROON
Guarantor DJOKO, PIERRE, CHATEAU D/ EAU, BAFOUSSAM CAMEROON
Buyer SIMAP CAMEROUN S.A., BAFOUSSAM, OUEST, POB 449 CAMEROON
End-user SIMAP CAMEROUN S.A., BAFOUSSAM, OUEST, POB 449 CAMEROON
Exporter HOFFMAN INTERNATIONAL INC, PISCATAWAY NJ
Supplier HOFFMAN INTERNATIONAL INC, PISCATAWAY NJ
Gteed Lender RIGGS BANK N.A., WASHINGTON DC

Project Description TRANSPORTATION & WHOLESALE TRADE
Product Description Bulldozer, Grader, Log Skidder, Loader
Financed Amount USD 942,785
Repayment Term 5 YEARS

Credit Committee Decision APPROVED

MEETING OF CREDIT COMMITTEE