EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
JULY 26, 2002

ITEM NO 1
Country CAMEROON AP078724XX
Request for FINAL COMMITMENT

Applicant PNC BANK NATIONAL ASSOCIATION, PITTSBURGH PA
Borrower ELEVAGE PROMOTION AFRIQUE SARL, DOUALA CAMEROON
Guarantor AZANGUE, BERNARD, DOUALA CAMEROON
Buyer ELEVAGE PROMOTION AFRIQUE SARL, DOUALA CAMEROON
End-user ELEVAGE PROMOTION AFRIQUE SARL, DOUALA CAMEROON
Exporter HOFFMAN INTERNATIONAL INC, PISCATAWAY NJ
Supplier BIG DUTCHMAN INC., HOLLAND MI
Supplier MACK TRUCKS INC., ALLENTOWN PA
Supplier GRO MASTER INC., OMAHA NE
Gteed Lender PNC BANK NATIONAL ASSOCIATION, PITTSBURGH PA

Project Description ANIMAL FEED & PRODUCTION
Product Description ANIMAL FEEDING & WATERING SYSTEMS
Financed Amount USD 2,281,119
Repayment Term 5 YEARS
Credit Committee Decision APPROVED

Item No. 2
Country: Kenya Policy No.: MSM-237859
Request for: Insurance Policy (New)
Policy Type: Single Sale/Multiple Shipments
Coverage Type/Term: Comprehensive/MT

Insured: Africair, Inc., Miami, FL 33186-6711
Buyer/Obligor: Coastal Travels Ltd., Dar es Salaam, Tanzania
Guarantor: Eastern and Southern African Trade and Development Bank
(PTA Bank), Nairobi, Kenya
End-User: Coastal Travels Ltd., Dar es Salaam, Tanzania
Exporter: Africair, Inc., Miami, FL 33186-6711
Supplier: The Cessna Aircraft Company, Inc., Wichita, KS 67215-1424
Broker: Louis G. Guadagnoli, McLean, VA
Product/use: New Cessna Grand Caravan aircraft to add to the buyer's
existing fleet.
Ex-Im Bank Liability (Millions): USD1 - USD5
Credit Committee Decision: APPROVED

MEETING OF CREDIT COMMITTEE