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Summary of the Meeting of the Credit Committee

Friday, April 12, 2002
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Monday, April 21, 2003

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
APRIL 12, 2002

Item No. 1
Country: Mexico Policy No.: MSM-232074
Request for: Policy (New)
Policy Type: Single Sale/Multiple Shipments
Coverage Type/Term: Comprehensive/MT
Insured: Orgil International Greenhouse Corp., San Diego, CA 92154-6243
Buyer/Obligor: Negocios Agricolas Guaco, S.A. de C.V., Hermosillo, Mexico
Guarantor(s): Planoro, S.A. de C.V., Hermosillo, Mexico
End-User: Negocios Agricolas Guaco, S.A. de C.V., Hermosillo, Mexico
Exporter/Supplier: Orgil International Greenhouse Corp., San Diego, CA 92154-6243
Broker: None
Product/Use: The exporter/supplier will supply several greenhouses for the
production of bell peppers and tomatoes which are to be used in
the buyer=s farming operations
Credit Committee Decision: DECLINED

ITEM NO 2
Country BRAZIL AP078304XX
Request for FINAL COMMITMENT
Applicant FIRST INTERNATIONAL BANK NA, HARTFORD CT
Borrower NORTV TELECOMMUNICACOES LTDA., LONDRINA, PARANA 86010-470 BRAZIL
Guarantor J. JUNIOR ENGENHARIA LTDA., AV. ARTHUR THOMAS, BRAZIL
Guarantor LYNXCOM ENGENHARIA E DE TELECOM LTDA, LONDRINA, PARANA 86010-470 BRAZIL
Guarantor ADDITIONAL GUARANTORS
Buyer NORTV TELECOMMUNICACOES LTDA., LONDRINA, PARANA 86010-470 BRAZIL
End-user NORTV TELECOMMUNICACOES LTDA., LONDRINA, PARANA 86010-470 BRAZIL
Exporter ISI-INTEGRATED SYSTEMS, INC, MIAMI FL
Supplier ISI-INTEGRATED SYSTEMS, INC, MIAMI FL
Supplier IRDETO ACCESS USA, SAN DIEGO, CA
Supplier ADDITIONAL SUPPLIERS
Gteed Lender FIRST INTERNATIONAL BANK NA, HARTFORD CT
Project Description WIRELESS CABLE PROVIDER
Product Description BROADCASTING EQUIPMENT
Financed Amount USD 2,645,438
Repayment Term 5 YEARS
Credit Committee Decision APPROVED

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MEETING OF CREDIT COMMITTEE