EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

MARCH 30, 2004

Item No. 1

Country: Ghana - Policy No.:MTA-261255

Request For: Commitment

Policy Type: Single Sale/Single Shipment

Coverage Type/Term: Comprehensive/MT

Insured:Sovereign Bank, Iselin, NJ 08830-2703

Buyer:Tatop Company Limited, Accra, Ghana

Guarantors:Kawaku Tabiri, Accra, Ghana

Vivian Tabiri, Accra Ghana

Yaw Tabiri, Accra, Ghana

End-User: Tatop Company Limited, Accra, Ghana

Exporter: Besser Company, Alpena, MI 49707-1870

Supplier: Besser Company, Alpena, MI 49707-1870

Broker: Export Risk Management

Product/Use: New and used concrete automated plant and fork lift

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

Credit Committee Decision: APPROVED

ITEM NO 2

Country PHILIPPINES AP080433XX

Request for FINAL COMMITMENT

Applicant TORONTO-DOMINION BANK, HOUSTON TX

Borrower KAPATIRAN APPAREL, INC., PASIG CITY PHILIPPINES

Guarantor FAITH APPAREL, INC., PASIG CITY PHILIPPINES

Guarantor UY, PHILIP TAN, SAN JUAN, METRO MANILA PHILIPPINES

Guarantor UY, SOHAN LOA, SAN JUAN, METRO MANILA PHILIPPINES

Buyer KAPATIRAN APPAREL, INC., PASIG CITY PHILIPPINES

End-user KAPATIRAN APPAREL, INC., PASIG CITY PHILIPPINES

Exporter V & C TRADING AND SONG CO, WHITTIER CA

Supplier JOHN HARB SEWING MACHINE CO INC., LOS ANGELES CA

Supplier MUSTANG ENTERPRISES, LTD. SAN ANTONIO TX

Supplier ADDITIONAL SUPPLIERS

Gteed Lender TORONTO-DOMINION BANK, HOUSTON TX

Project Name NONE

Project Description VARIOUS GARMENT MANUFACTURING EQUIP

Product Description TEXTILE AND FINISHING MILLS

Financed Amount $ 690,136

Repayment Term 5 YEARS

Credit Committee Decision APPROVED