EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

JANUARY 30, 2004

ITEM NO 1

Country MEXICO AP080141XX

Request for FINAL COMMITMENT

Applicant UPS CAPITAL BUSINESS CREDIT, HARTFORD CT

Borrower SPACEMAX MEXICO S.A. DE C.V., SAN JUAN DEL RIO,
QRO MEXICO

Guarantor GRUPO METAL INTRA, S.A. DE C.V., NAUCALPAN DE JUAREZ,
EDOMEX 53700 MEXICO

Guarantor KALINOWSKI, RAMON, SAN JUAN DEL RIO QUERETARO,
PO 76800 MEXICO

Guarantor ADDITIONAL GUARANTORS

Buyer SPACEMAX MEXICO S.A. DE C.V., SAN JUAN DEL RIO,
QRO MEXICO

End-user SPACEMAX MEXICO S.A. DE C.V., SAN JUAN DEL RIO,
QRO MEXICO

Exporter TOTAL CRANE SYSTEMS, INC., BUFFALO NY

Exporter BLACK BROS CO THE, MENDOTA IL

Exporter ADDITIONAL EXPORTERS

Supplier TOTAL CRANE SYSTEMS, INC., BUFFALO NY

Supplier BLACK BROS CO THE, MENDOTA IL

Supplier ADDITIONAL SUPPLIERS

Gteed Lender UPS CAPITAL BUSINESS CREDIT, HARTFORD CT

Project Name NONE

Project Description EQUIPMENT FOR FOLDABLE PORTABLE BLDGS

Product Description COMMERCIAL AND INSTITUTIONAL BUILDING

Financed Amount $ 2,822,959

Repayment Term 5 YEARS

Credit Committee Decision APPROVED

Item No. 2

Country: Mexico - Policy No.: MSM-261990

Request For: Policy (New)

Policy Type: Single Sale/Multiple Shipments

Coverage Type/Term: Comprehensive/MT

Insured:Manufacturers & Traders Trust Co., Baltimore, MD 21201-3330

Buyer/Obligor: Ontagota, S.P.R. de R.L., Sonora, Mexico

End-User: Ontagota, S.P.R. de R.L., Sonora, Mexico

Guarantor: Ricardo Manuel Elias Calles Laborin

Exporter/Supplier:Orgil International Greenhouses Corp., San Diego, CA 92154-6243

Broker:International Risk Consultants

Products: Greenhouses

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

Credit Committee Decision: APPROVED

Item No. 3

Country: Mexico - Policy No.: MSM-261420

Request For: Policy (New)

Policy Type: Single Sale/Multiple Shipments

Coverage Type/Term: Comprehensive/MT

Insured:Manufacturers & Traders Trust Co., Baltimore, MD 21201-3330

Buyer/Obligor:Empresas Heras, S.A. de C.V., Hermosillo, Mexico

End-User:Empresas Heras, S.A. de C.V., Hermosillo, Mexico

Guarantor:Alan Hernandez Astiazaran

Guarantor: Ricardo Hernandez Astiazaran

Exporter/Supplier:Orgil International Greenhouses Corp., San Diego, CA 92154-6243

Broker: International Risk Consultants

Products: Greenhouses for vegetable production

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

Credit Committee Decision: APPROVED

Item No. 4

Country: Turkey - Policy No.: MSM-258137

Request for: Policy (New)

Policy Type: Single Sale/Multiple Shipments

Coverage type/term: Comprehensive/MT

Insured: Manufacturers & Traders Trust Corp., Baltimore, MD 21201

Buyer/Obligor: Dizayn Teknik Plastik Boru ve Elemenyari Sanayi ve Ticaret, A.S.
Istanbul, Turkey

Guarantor:Mr. Ibrahim Mirmahmutogullari, Istanbul, Turkey

End-User: Dizayn Teknik Plastik Boru ve Elemenyari Sanayi ve Ticaret, A.S.

Istanbul, Turkey

Exporter: Motan, Inc. Plainwell, MI 49080

Suppliers: Motan, Inc. Plainwell, MI 49080

American Moplan Corp., McPherson, KS 67460

Broker: International Risk Consultants, Columbus, OH

Cofin ECA Export Development of Canada (EDC)

Product/Use:Plastic Pipe Manufacturing Equipment

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

Credit Committee Decision: APPROVED

Item No. 5

Country: Ghana - Policy No.: MSM-257923

Request For: Policy (New)

Policy Type: Single Sale, Multiple Shipments

Coverage Type/Term: Comprehensive/MT

Insured: HSBC Bank Plc., Houghton, South Africa

Obligor: BCM International Limited, St. Kitts-Nevis

Buyer:BCM Holdings, S.A., Geneva, Switzerland

End-User: BCM International Limited, Accra, Ghana

Guarantors: BCM Ghana Inc., Accra, Ghana

BCM Holdings, S.A., Geneva, Switzerland

and additional guarantors

Exporter: Caterpillar, Inc., Peoria, IL 61602-1324

Supplier: Caterpillar, Inc., Peoria, IL 61602-1324

Broker: EIA-Global, Walpole, MA

Product: New Caterpillar trucks and excavator

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

Credit Committee Decision: APPROVED

Item No. 6

Country: Uganda - Policy No.: MSM-260125

Request For: Policy (New)

Policy Type: Single Sale, Multiple Shipments

Coverage Type/Term: Comprehensive/MT

Insured: Manufacturer and Traders Trust Company, Baltimore, MD 21201-3330

Buyer: MML Construction Ltd., Uganda

Guarantors: Herbert Masengere Lubega, Joseph Magandaazi, and Fredrick Lubega

End-User: MML Construction Ltd., Uganda

Exporter: Dom-Ex, Inc., Hibbing, MN 55746-1540

Suppliers: Dom-Ex, Inc., Hibbing, MN 55746-1540

Manufacturer and Traders Trust Company

Broker: International Risk Consultants, Columbus, OH

Product/Use: Used construction equipment

Credit Committee Decision: DENIED