EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
DECEMBER 14, 2001

Item No. 1
Country: Mexico Policy No.: MSM-230540
Request for: Insurance Policy (New)
Policy Type: Single Sale/Multiple Shipments
Coverage Type/Term: Comprehensive/MT

Insured: Marquip, LLC, Phillips, WI 54555-1527
Buyer/Obligor: Papel, Carton y Derivados, S.A. de C.V., Celaya, Mexico
Guarantors: Maria Elsa Gonzalez Campos, Celaya, Mexico
Cesar Gonzalez Olivares, Celaya, Mexico
End-User: Papel, Carton y Derivados, S.A. de C.V., Celaya, Mexico
Exporter/Supplier: Marquip, LLC, Phillips, WI 54555-1527
Broker: Risk Protection International, Stratford, CT
Product: Paper corrugating system, including glue machine, slitter,
scorer, stacker, etc.
Ex-Im Bank Liability (Millions): USD1 - USD5
Credit Committee Decision: APPROVED

ITEM NO 2
Country AUSTRALIA AP077829XX
Request for FINAL COMMITMENT

Applicant ANZ BANKING GROUP LTD., SYDNEY, NEW SOUTH WALES 2000 AUSTRALIA
Borrower OIL DRILLING & EXPLORATION LIMITED, SYDNEY, NS 2000 AUSTRALIA
Guarantor AUSTRALIAN OIL & GAS CORPORATION LTD., SYDNEY, NS 2000 AUSTRALIA
Buyer OIL DRILLING & EXPLORATION LIMITED, SYDNEY, NS 2000 AUSTRALIA
End-user OIL DRILLING & EXPLORATION LIMITED, SYDNEY, NS 2000 AUSTRALIA
Exporter IDI VENTURES INC., HOUSTON TX
Supplier IDM EQUIPMENT, LTD., HOUSTON TX
Supplier TRI-FLO INTERNATIONAL, INC., WILLIS TX
Supplier ADDITIONAL SUPPLIERS
Gteed Lender ANZ BANKING GROUP LTD., SYDNEY, NEW SOUTH WALES 2000 AUSTRALIA

Project Description WELL DRILLING SERVICES
Product Description OIL DRILLING RIG
Financed Amount USD 9,707,124
Repayment Term 5 YEARS
Credit Committee Decision APPROVED

MEETING OF CREDIT COMMITTEE