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Summary of the Meeting of the Credit Committee

Friday, June 27, 2003
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Thursday, July 10, 2003

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

JUNE 27, 2003

Item No.1

Country: Mexico FB-A 252080

Request for: Commitment

Policy Type: Financial Institution Buyer Credit

Coverage Type/Term: Comprehensive/ST

Insured: PNC Bank N.A., Pittsburgh, PA 15265-0001

Buyer/Obligor: Aceites Industriales El Zapote, S.A. de C.V., Mexico D.F., Mexico

Guarantor: None

End-User: Aceites Industriales El Zapote, S.A. de C.V., Mexico D.F., Mexico

Exporter: Gardner Smith, LLC, Houston, TX 77027-3419

Supplier: Gardner Smith, LLC, Houston, TX 77027-3419

Broker: Export Insurance Agency, Walpole, MA 02081-2802

Product/Use: Crude oil from sunflower, soybeans and corn in bulk to be used in the buyer=s production

Ex-Im Bank Liability (Millions): $5 - $20

Credit Committee Decision: APPROVED

Item No. 2

Country: Mexico MSM-252387

Request for: Policy (New)

Policy Type: Single Sale/Multiple Shipments

Coverage Type/Term: Comprehensive/MT

Insured: California Pacific Lumber, Fresno, CA 93729-5848

Buyer/Obligor: Exportalizas Mexicanas S.A. de C.V., Culiacan, Mexico

Guarantor: Rene Produce, LLC, AZ, Mexico

End-User: Exportalizas Mexicanas S.A. de C.V., Culiacan, Mexico

Exporter: California Pacific Lumber*, Fresno, CA 93729-5848

Supplier: Same as above

Broker: Provident Traders Inc., Philo, CA

Product/Use: Green houses for the production of cucumbers and bell peppers.

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

Credit Committee Decision: APPROVED

ITEM NO 3

Country BRAZIL AP079332XX

Request for FINAL COMMITMENT

Applicant UPS CAPITAL BUSINESS CREDIT, HARTFORD CT

Borrower FIBRASA NORDESTE S/A, ABREU DE LIMA, PERNAMBUCO 35570-070 BRAZIL

Guarantor FIBRASA S/A EMBALAGENS, SERRA, ESPIRITO SANTO BRAZIL

Guarantor ROGERIO DE CASTRO, SERGIO, ILHA DO BOL, VITORIA, ESPIRITO SANTO BRAZIL

Guarantor ROGERIO DE CASTRO, SERGIO SOUZA, JABOATAO, PERNAMBUCO BRAZIL

Buyer FIBRASA NORDESTE S/A, ABREU DE LIMA, PERNAMBUCO 35570-070 BRAZIL

End-user FIBRASA NORDESTE S/A, ABREU DE LIMA, PERNAMBUCO 35570-070 BRAZIL

Exporter KASE EQUIPMENT CORP, CLEVELAND OH

Supplier KASE EQUIPMENT CORP, CLEVELAND OH

Gteed Lender UPS CAPITAL BUSINESS CREDIT, HARTFORD CT

Project Name

Project Description

Product Description PRINTING PRESS

Financed Amount $ 410,729

Repayment Term 5 YEARS

Credit Committee Decision APPROVED