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Summary of the Meeting of the Credit Committee

Tuesday, December 2, 2003
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Friday, December 12, 2003

Item No. 1

Country: Mexico - Policy No. MSM-259150

Request for: Policy (New)

Policy Type: Single Sale/Multiple Shipments

CoverType/Term: Comprehensive/MT

Insured: Utility Trailers de Mexico, Inc., Laredo, TX 78045-9427

Buyer/Obligor: Tranportes Emma S.A. de C.V., Culiacan, Sinaloa, Mexico

End-User:Same

Guarantor: Agricola Tarriba S. de R.L. de C.V., Culiacan, Sinaloa, Mexico

Guarantor: Empresas Tarriba, S.A. de C.V., Culiacan, Sinaloa, Mexico

Guarantor: Farmers's Best LLC, AZ USA

Exporter: Same as insured

Supplier: Utility Trailers Manufacturing Company, City of Industry, CA 91748-1022

Broker: Provident Traders, Inc.

Product/Use: Reefer semitrailers

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

Credit Committee Decision: APPROVED

Item No. 2

Country: Mexico - Policy No. MSM-259168

Request for: Policy (New)

Policy Type: Single Sale/Multiple Shipments

CoverType/Term: Comprehensive/MT

Insured: Thermo King Corporation, Minneapolis, MN 55420-3630

Buyer/Obligor: Tranportes Emma S.A. de C.V., Culiacan, Sinaloa, Mexico

End-User: Same

Guarantor:Agricola Tarriba S. de R.L. de C.V., Culiacan, Sinaloa, Mexico

Guarantor: Empresas Tarriba, S.A. de C.V., Culiacan, Sinaloa, Mexico

Guarantor: Farmers's Best LLC, AZ USA

Exporter/Supplier: Same as insured

Broker: Provident Traders, Inc.

Product/Use: Refrigeration units

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

Credit Committee Decision: APPROVED

Item No. 3

Country: Mexico - Policy No. MSM-259523

Request for: Policy (New)

Policy Type: Single Sale/Multiple Shipments

CoverType/Term: Comprehensive/MT

Insured: The Toronto-Dominion Bank

Buyer/Obligor: Comercializadora Incorporada Al Tratado SA de CV, Cd, Juarez, Chihuahua,
Mexico
End-User: Comercializadora Incorporada Al Tratado SA de CV, Cd, Juarez, Chihuahua,
Mexico

Guarantor: Cito Gerardo Garcia Saenz, Cd, Juarez, Chihuahua, Mexico

Guarantor: Maria Salustra de los Angeles Garcia Saenz, Cd, Juarez, Chihuahua, Mexico

Guarantor: Veronica Aguirre Garcia, Cd, Juarez, Chihuahua, Mexico

Exporter: Western Machinery Group (Div. Western Machinery Pneumatics Inc.).

Eugene, OR 97402-0452

Suppliers: Western Machinery Group (Div. Western Machinery Pneumatics Inc.).

Eugene, OR 97402-0452

Newman-Whitney Company Inc., Greensboro, NC 27403-2462

and additional suppliers

Broker: International Risk Consultants, Inc.

Product/Use: Wood chipping and lumber mill processing equipment

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

Credit Committee Decision: APPROVED

Item No. 4

Country: Nicaragua - Policy No. MSM-255752

Request for: Policy (New)

Policy Type: Single Sale/Multiple Shipments

CoverType/Term: Comprehensive/MT

Insured: Plus International Bank, Miami, FL 33131-3013

Buyer/Obligor: Alfanumeric S.A., Managua, Nicaragua

End-User: Same

Guarantor: Mr. Jaime Argenal, Managua, Nicaragua

Exporter: Harris Corporation, Redwood Shore, CA 94065-1421

Supplier: Harris Corporation, Redwood Shore, CA 94065-1421

Broker: Risk Protection International, Stratford, CT

Product/Use:Communication equipment for expansion of existing fiber optic cable connections

between the United States and the west coast of Nicaragua(Bluefields).

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

Credit Committee Decision: APPROVED