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Summary of the Meeting of the Credit Committee

Friday, October 25, 2002
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Monday, April 21, 2003

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
OCTOBER 25, 2002

ITEM NO 1
Country NIGERIA AP078740XX
Request for FINAL COMMITMENT
Applicant RIGGS BANK N.A., WASHINGTON DC
Borrower MONARCH COMMUNICATIONS LTD., IKOYI, LAGOS NIGERIA
Guarantor UNIVERSAL TRUST BANK OF NIGERIA LTD, FALOMO-IKOYI, LAGOS NIGERIA
Guarantor INDUSTRIAL & GENERAL INSURANCE CO. LTD., VICTORIA ISLAND, LAGOS NIGERIA
Buyer MONARCH COMMUNICATIONS LTD., IKOYI, LAGOS NIGERIA
End-user MONARCH COMMUNICATIONS LTD., IKOYI, LAGOS NIGERIA
Exporter DMC STRATEX NETWORKS INC., SAN JOSE, CA
Exporter AIRSPAN NETWORKS, INC., FORT LAUDERDALE FL
Exporter ADDITIONAL EXPORTERS
Supplier DMC STRATEX NETWORKS INC., SAN JOSE, CA
Supplier AIRSPAN NETWORKS, INC., FORT LAUDERDALE FL
Supplier ADDITIONAL SUPPLIERS
Gteed Lender RIGGS BANK N.A., WASHINGTON DC
Project Description TELECOM & INTERNET SERVICE PROVIDER
Product Description TELECOMMUNICATION EQUIPMENT
Financed Amount USD 8,708,643
Repayment Term 5 YEARS
Credit Committee Decision APPROVED

ITEM NO 2
Country VENEZUELA AP078925XX
Request for FINAL COMMITMENT
Applicant HEMISPHERE NATIONAL BANK, MIAMI FL
Borrower SUPER CABLE ALK INTERNACIONAL, CARACAS 1071 VENEZUELA
Guarantor SUPERCABLE TELECOMUNICACIONES-COLOMBIA, BOGOTA, D.C. COLOMBIA
Buyer SUPER CABLE ALK INTERNACIONAL, CARACAS 1071 VENEZUELA
End-user SUPER CABLE ALK INTERNACIONAL, CARACAS 1071 VENEZUELA
Exporter POWER & TELEPHONE SUPPLY CO, MEMPHIS TN
Supplier POWER & TELEPHONE SUPPLY CO, MEMPHIS TN
Supplier HARMONIC INC, SUNNYVALE CA
Gteed Lender HEMISPHERE NATIONAL BANK, MIAMI FL
Project Name EXPANSION OF CABLE NETWORK
Project Description CABLE NETWORK
Product Description CABLE TV NETWORK EQUIPMENT
Financed Amount USD 7,298,304
Repayment Term 5 YEARS
Credit Committee Decision APPROVED

ITEM NO 3
Country PERU AP078796XX
Request for FINAL COMMITMENT
Applicant ALLFIRST BANK, BALTIMORE MD
Borrower GILAT TO HOME PERU S.A., LIMA, LM 27 PERU
Guarantor GILAT SATELLITE NETWORKS LTD., PETAH TIKVA 49130 ISRAEL
Guarantor GILAT TO HOME LATIN AMERICA N.V., WILLEMSTAD, CURACAO NETH. ANTILLES
Guarantor GILAT TO HOME LATIN AMERICA (HOLLAND) BV, 1076EE AMSTERDAM NETHERLANDS
Buyer GILAT TO HOME PERU S.A., LIMA, LM 27 PERU
End-user GILAT TO HOME PERU S.A., LIMA, LM 27 PERU
Exporter BP SOLAR INTERNATIONAL LLC, LINTHICUM HEIGHTS MD
Supplier BP SOLAR INTERNATIONAL LLC, LINTHICUM HEIGHTS MD
Gteed Lender ALLFIRST BANK, BALTIMORE MD
Project Name
Project Description TELECOMMUNICATIONS SERVICE PROVIDER
Product Description SOLAR MODULAR SYSTEMS
Financed Amount USD 2,470,160
Repayment Term 6 YEARS
Credit Committee Decision APPROVED

MEETING OF CREDIT COMMITTEE