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Summary of the Meeting of the Credit Committee

Friday, June 6, 2003
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Thursday, June 19, 2003

EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

JUNE 6, 2003

Item No. 1

Country: Brazil Policy No.: MTA-245316

Request for: Policy (New)

Policy Type: Single Sale/Single Shipment

Coverage Type/Term: Comprehensive/MT

Insured: Air Tractor, Inc., Olney, TX 76374-0485

Buyer/Obligor: Rondon Aviancao Agricola Ltda., Tangara de Serra, Brazil

Guarantor: Gastao Laurenco de Lima and Danilo Iper de Lima, jointly and severally

End-User: Rondon Aviancao Agricola Ltda., Tangara de Serra, Brazil

Exporter U.S.:Air Tractor, Inc., Olney, TX 76374-0485

Supplier: Air Tractor, Inc., Olney, TX 76374-0485

Exporter Canadian: Pratt & Whitney

Broker: International Risk Consultants, Columbus, OH 43215-1569

Product/Use: Agricultural aircraft for aerial spray application of herbicides and fertilizers

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

Credit Committee Decision: APPROVED

Item No. 2 - withdrawn

Item No. 3.

Country: Brazil Policy No.: MSM-251181

Request for: Policy (New)

Policy Type: Single Sale/Multiple Shipments

Coverage Type/Term: Comprehensive/MT

Insured:Hemisphere National Bank, Miami FL 33166-4022

Buyer/Obligor:Pigozzi S.A. Engrenagens E Transmissoes, Rio Grandes do Sul, Brazil

Guarantor: Terezinha Pigozzi, Emir Artico Alves, Ernani Fisch, and JonesFrancisco Mariani, jointly and severally

End-User:Pigozzi S.A. Engrenagens E Transmissoes, Rio Grandes do Sul, Brazil

Exporter: The Gleason Works, Rochester, NY 14607-1239

Supplier: The Gleason Works, Rochester, NY 14607-1239

Broker: International Risk Consultants, Columbus, OH 43215-1569

Product/Use: Gear Cutting machines for the production of bevel gears

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

Credit Committee Decision: APPROVED