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Summary of the Meeting of the Credit Committee

Wednesday, April 9, 2003
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Thursday, May 29, 2003

EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

APRIL 9, 2003

ITEM NO 1

Country NIGERIA - POLICY NO. MSM-246876

Request for: POLICY (NEW)

Policy Type: SINGLE SALE/MULTIPLE SHIPMENTS

Coverage Type/Term: COMPREHENSIVE/MT

Insured: M&T BANK N.A., BALTIMORE, MD 21201-3330

Buyer: LEADING EDGE LTD., LAGOS, NIGERIA

End-User: LEADING EDGE LTD., LAGOS, NIGERIA

Guarantor: UNIVERSAL TRUST BANK OF NIGERIA PLC, LAGOS, NIGERIA

Exporter: COMMUNICATION PRODUCTION DEVELOPMENT, INC., VANCOUVER, WA 98661-3078

Supplier(s): TESSCO TECHNOLOGIES INC., HUNT VALLEY, MD 21031-1404

COMMUNICATION PRODUCTION DEVELOPMENT, INC, VANCOUVER, WA 98661-3078

Broker: NONE

Products:VARIOUS TYPES OF TELECOMMUNICATIONS EQUIPMENT AND SOFTWARE

Ex-Im Bank Liability (Millions): $0 - $1

Credit Committee Decision APPROVED

ITEM NO 2

Country INDIA AP079283XX

Request for FINAL COMMITMENT

Applicant FIRST INTERNATIONAL BANK NA, HARTFORD CT

Borrower HELIOS & MATHESON INFORMATION TECH LTD, CHENNAI, TAMIL NADU INDIA

Guarantor RAMACHANDIRAN, VENKATRATNAM, CHENNAI 600 017 INDIA

Guarantor MURALIKRISHNA, GADIYARAM, CHENNAI 600 017 INDIA

Buyer HELIOS & MATHESON INFORMATION TECH LTD, CHENNAI, TAMIL NADU INDIA

End-user HELIOS & MATHESON INFORMATION TECH LTD, CHENNAI, TAMIL NADU INDIA

Exporter IMPORTERS SOFTWARE SERVICES INC., HUNTINGTON BEACH CA

Supplier IMPORTERS SOFTWARE SERVICES INC., HUNTINGTON BEACH CA

Gteed Lender FIRST INTERNATIONAL BANK NA, HARTFORD CT

Project Description SOFTWARE FOR INTERNATIONAL TRADE

Product Description SOFTWARE & SOURCE CODE

Financed Amount $ 2,104,056

Repayment Term 5 YEARS

Credit Committee Decision APPROVED