EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
JULY 2, 2002

ITEM NO 1
Country SAUDI ARABIA AP078159XX
Request for FINAL COMMITMENT
Applicant BANK OF MONTREAL, CHICAGO IL
Borrower AL ARFAJ MEDICAL SERVICE CO LTD, OLAYA, RIYADH SAUDI ARABIA
Guarantor AL-ARFAJ, SAUD ABDUL AZIZ, OLAYA, RIYADH SAUDI ARABIA
Guarantor AL-ARFAJ, IBRAHIM ABDUL, OLAYA, RIYADH SAUDI ARABIA
Guarantor AL-ARFAJ, ABDUL RAHMAN AZIZ, OLAYA, RIYADH SAUDI ARABIA
Buyer AL ARFAJ MEDICAL SERVICE CO LTD, OLAYA, RIYADH SAUDI ARABIA
End-user AL ARFAJ MEDICAL SERVICE CO LTD, OLAYA, RIYADH SAUDI ARABIA
Exporter RAO DESIGN INTERNATIONAL, INC, SCHILLER PARK IL
Supplier RAO DESIGN INTERNATIONAL, INC, SCHILLER PARK IL
Gteed Lender BANK OF MONTREAL, CHICAGO IL
Project Description MANUFACTURER OF MEDICAL PRODUCTS
Product Description BLOW, FILL, AND SEAL MACHINE
Financed Amount USD 1,256,678
Repayment Term 5 YEARS
Credit Committee Decision APPROVED

MEETING OF CREDIT COMMITTEE