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Summary of the Meeting of the Credit Committee

Friday, December 21, 2001
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Monday, April 21, 2003

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
DECEMBER 21, 2001

Item No. 1
Country: Mexico Policy No.: MTR-230169
Request for: Insurance Policy (New)
Policy Type: Repetitive Sales
Coverage Type/Term: Comprehensive/MT

Insured: PNC Bank, N.A. Pittsburgh, PA 15265-0001
Buyer: Maquinaria Intercontinental S.A. de C.V., Mexico City, Mexico
Guarantor: Pedro Roman Arrechea Rivera Torres, Mexico City, Mexico
End-User: Same as buyer
Exporter/Supplier: Hoffman International Inc, Piscataway, NJ 08858-0669
Broker: Export Insurance Agency, Walpole, MA
Product/Use: Used Truck Cranes and Terminal Tractors to be used in the buyer's
equipment rental business
Credit Committee Decision: Denied

ITEM NO 2
Country PHILIPPINES AP077819XX
Credit Committee Decision HELD

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MEETING OF CREDIT COMMITTEE