EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

JUNE 3, 2003

ITEM NO 1

Country MOLDOVA AP079496XX

Request for FINAL COMMITMENT

Applicant ABN AMRO BANK N.V., CHICAGO IL

Borrower AGROMONTAJ, CHISINAU MD-2032 MOLDOVA

Guarantor MOLDOVA - AGROINDBANK SA, CHISINAU MD 2006 MOLDOVA

Buyer AGROMONTAJ, CHISINAU MD-2032 MOLDOVA

End-user AGROMONTAJ, CHISINAU MD-2032 MOLDOVA

Exporter WASTE SOLUTIONS INTERNATIONAL, SIOUX FALLS SD

Supplier LUNDELL ENTERPRISES, INC., CHEROKEE IA

Supplier ABN AMRO BANK N.V., CHICAGO IL

Gteed Lender ABN AMRO BANK N.V., CHICAGO IL

Project Description SOLID WASTE RECYCLING PLANT

Product Description SOLID WASTE RECYCLING PLANT

Financed Amount $ 6,116,925

Repayment Term 5 YEARS

Credit Committee Decision APPROVED

Item No 2

Country BRAZIL - Policy No. MTA-245316

Credit Committee Decision: Held

Item No. 3

Country: Philippines Policy No.: MSM-251207

Request For: Commitment

Policy Type: Single-Sale, Multiple Shipments

Coverage Type/Term: Comprehensive/MT

Insured: East West Bank, San Marino, CA

Buyer/Obligor: N S Mangio Construction and Development Corporation, Quezon City, Philippines

Guarantor: Nestor S. Mangio, Quezon City, Philippines

End-User: Various, Quezon City, Philippines

Exporter: Rapid Joint Steel Companies, Inc., Stafford, TX 77477-3611

Suppliers: Reba LLC, Irvine, CA 92614-5910

QFC USA, Inc., Walnut, CA 91789-3047

Broker: Global Frontier Insurance Brokerage, CA

Product/Use: U.S. made steel framed housing units and related materials and equipment for

construction in the Philippines

Ex-Im Bank Liability (Millions): $1 - $5

Credit Committee Decision: APPROVED

Item No. 4

Country: Brazil Policy No.: MTA-248112

Request For: Policy (New)

Policy Type: Single Sale/Single Shipment

Coverage Type/Term: Comprehensive/MT

Insured: US Bank National Association, Minneapolis, MN 55402

Buyer/Obligor: Braskem, S.A., Sao Paulo, Brazil

Guarantor: Polialden Petroquimica, Bahia, Brazil

End-User: Braskem, S.A., Sao Paulo, Brazil

Exporter: UOP, LLC, Des Plaines, IL 60016

Broker: US Bancorp Insurance Services

Products/Use: Parex Adsorbent and related equipment to be utilized at Braskem's existing

Parex processing unit at its Camacari, Bahia, refinery as an input for productionof fibers and thermoplastic resins.

Ex-Im Bank Liability (Millions): $1 - $5

Credit Committee Decision: APPROVED