EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF THE CREDIT COMMITTEE
September 12, 2003

ITEM NO. 1 - Withdrawn

ITEM NO. 2
Country: Colombia Policy No.: MTR-256271

Request For: Policy (New)

Policy Type: Repetitive Sales

Coverage Type/Term: Comprehensive/MT

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

Buyer/Obligor: Transportes Aereos Mercantile Panamericanos, S.A., Colombia

Guarantor: None

End-User: Transportes Aereos Mercantile Panamericanos, S.A., Colombia

Exporters/Suppliers: Various

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

Product/Use: Ground equipment for cargo airline

Credit Committee Decision: Approved

ITEM NO. 3

Country MALAYSIA, FEDERATION OF AP079862XX

Request For FINAL COMMITMENT

ApplicantPNC BANK NATIONAL ASSOCIATION, PITTSBURGH PA

BorrowerINDOSEN S.A., DAKAR SENEGAL

GuarantorCNLT (FAR EAST) BERHAD, SEREMBAN, NEGERI SEMBILAN 70450 MALAYSIA

BuyerINDOSEN S.A., DAKAR SENEGAL

End-UserINDOSEN S.A., DAKAR SENEGAL

ExporterSOUTHERN TEXTILE EXCHANGE LLC, CHARLOTTE NC

SupplierSOUTHERN TEXTILE EXCHANGE LLC, CHARLOTTE NC

Gteed Lender PNC BANK NATIONAL ASSOCIATION, PITTSBURGH PA

Project Name NAME

Project Description TEXTILE MILL CONSTRUCTION

Product Description TEXTILE EQUIPMENT (NEW & USED)

Financed Amount $ 3,409,801

Repayment Term 5 YEARS

Credit Committee Decision APPROVED