EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

NOVEMBER 4, 2003

ITEM NO 1

Country MEXICO - Policy No. MTA-256503

Request for: Commitment (New)

Policy Type: Single Sale/Single Shipment

Coverage Type/Term: Comprehensive/MT

Insured: BNP PARIBRAS

Buyer/Obligor: Comision Federal de Electricidad, Mexico, D.F.

End-User: Comision Federal de Electricidad, Mexico, D.F.

Guarantor:None

Exporter: General Electric Nuclear Energy, Wilmington, NC 28402-2684

Supplier: Same

Broker: EIA Global

Products/Use: Spare parts/reactor for nuclear power facility

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

Credit Committee Decision: APPROVED

ITEM NO 2

Country MEXICO AP079938XX

Request for FINAL COMMITMENT

Applicant TORONTO-DOMINION BANK, HOUSTON TX

Borrower FORESTAL SAN RAFAEL, S.A. DE C.V., SANTA BARBARA,
CHIHUAHUAMEXICO

Guarantor JURADO SANCHEZ, NOEL, PARRAL, CHIHUAHUA 33893 MEXICO

Guarantor JURADO SANCHEZ, JORGE LUIS, PARRAL, CHIHUAHUA 33893MEXICO

Buyer FORESTAL SAN RAFAEL, S.A. DE C.V., SANTA BARBARA,

CHIHUAHUA MEXICO

End-user FORESTAL SAN RAFAEL, S.A. DE C.V., SANTA BARBARA,

CHIHUAHUA MEXICO

Exporter WESTERN MACHINERY GROUP, EUGENE OR

Supplier AMERICAN WOOD DRYERS INC., CLACKAMAS OR

Supplier NEWMAN MACHINE CO INC., GREENSBORO NC

Supplier ADDITIONAL SUPPLIERS

Gteed Lender TORONTO-DOMINION BANK, HOUSTON TX

Project Name NONE

Project Description LUMBER MILL EQUIPMENT

Product Description SAWMILL AND WOODWORKING MACHINERY MANF

Financed Amount $ 2,315,349

Repayment Term 5 YEARS

Credit Committee Decision APPROVED

ITEM NO 3

Country CAMEROON AP080010XX

Request for FINAL COMMITMENT

Applicant PNC BANK NATIONAL ASSOCIATION, PITTSBURGH PA

Borrower DOUALA1.COM S.A., DOUALA CAMEROON

Guarantor TUMA, GEORGE FON, BONAPRISO CAMEROON

Guarantor BOSCO, PAOLO, FRANWOOD NJ

Buyer DOUALA1.COM S.A., DOUALA CAMEROON

End-user DOUALA1.COM S.A., DOUALA CAMEROON

Exporter AXCERA LLC, LAWRENCE PA

Supplier AXCERA LLC, LAWRENCE PA

Supplier IP WIRELESS, SAN BRUNO CA

Supplier ADDITIONAL SUPPLIERS

Gteed Lender PNC BANK NATIONAL ASSOCIATION, PITTSBURGH PA

Project Name

Project Description TELECOMUNICATION EQUIPMENT

Product Description TELEPHONE APPARATUS MANUFACTURING

Financed Amount $ 1,381,733

Repayment Term 5 YEARS

Credit Committee Decision APPROVED