EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
MAY 22, 2003

ITEM NO 1Minutes of May 1, 2003 Board Meeting to be approved.
Board Decision: APPROVED
ITEM NO 2
Country MEXICO AP079443XX
Request for FINAL COMMITMENT

Applicant BARCLAYS BK OF NY NA*, NEW YORK NY
Borrower PEMEX PROJECT FUNDING MASTER TRUST, THE, MEXICO D.F. 11311 MEXICO
Guarantor PEMEX GAS Y PETROQUIMICA BASICA, MEXICO D.F., 11311 MEXICO
Guarantor PETROLEOS MEXICANOS, MEXICO, DISTRITO F MEXICO
Guarantor ADDITIONAL GUARANTORS
Buyer PEMEX GAS Y PETROQUIMICA BASICA, MEXICO D.F., 11311 MEXICO
End-user PEMEX GAS Y PETROQUIMICA BASICA, MEXICO D.F., 11311 MEXICO
Exporter SOLAR TURBINES INCORPORATED, SAN DIEGO CA
Exporter RANGER STEEL SUPPLY CORP, HOUSTON TX
Exporter ADDITIONAL EXPORTERS
Supplier SOLAR TURBINES INCORPORATED, SAN DIEGO CA
Supplier RANGER STEEL SUPPLY CORP, HOUSTON TX
Supplier ADDITIONAL SUPPLIERS
Gteed Lender BARCLAYS BK OF NY NA*, NEW YORK NY

Project Name REYNOSA
Project Description REYNOSA CRYOGENIC GAS PLANT
Product Description MODULAR GAS SEPARATION PLANTS
Financed Amount $ 47,657,858
Repayment Term 10 YEARS

Board Decision APPROVED

ITEM NO 3
Country UZBEKISTAN AP079612XX
Request for FINAL COMMITMENT

Applicant NATL BANK FOR FOREIGN ECONOMIC ACTIVITY, TASHKENT, 700084 UZBEKISTAN
Borrower NATL BANK FOR FOREIGN ECONOMIC ACTIVITY, TASHKENT, 700084 UZBEKISTAN
Guarantor MINST OF FINANCE, 5 TASHKENT 700078 UZBEKISTAN
Buyer UZPROMMASHIMPEKS, TASHKENT 700077 UZBEKISTAN
End-user UZAGROMASHSERVICE, TASHKENT 700159 UZBEKISTAN
Exporter CASE LLC, RACINE WI
Supplier CASE LLC, RACINE WI
Supplier ADDITIONAL SUPPLIERS
Gteed Lender SOCIETE GENERALE, NEW YORK NY

Project Name NONE
Project Description CROP HARVESTING
Product Description FARM MACHINERY AND EQUIPMENT MANUFACTUR
Financed Amount $ 20,205,278
Repayment Term 5 YEARS

Board Decision APPROVED