EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

APRIL 29, 2003

Item No. 1

Country: Nigeria Policy No.: MTA-250019

Request for: Commitment

Policy Type: Single Sale, Single Shipment

Coverage Type/Term: Comprehensive/MT

Insured: RZB Financial, LLC, New York, N.Y. 10036-6710

Buyer: Honeywell Fisheries, Ltd., Lagos, Nigeria

Guarantor: Gulf Bank of Nigeria, Lagos, Nigeria

End User: Honeywell Fisheries, Ltd., Lagos, Nigeria

Exporter: Widespread Trading International, Houston, TX 77071-3300

Supplier: Ocean Marine, Inc., Bayou Batre, AL 36509-4122

Broker: Penn International, San Antonio, TX

Product/Use: Shrimp vessels

Ex-Im Bank Liability (Millions): USD1 - USD5

Credit Committee Decision: APPROVED