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Summary of the Meeting of the Credit Committee

Tuesday, April 6, 2004
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Thursday, April 8, 2004

APRIL 6, 2004

Item No. 1

Costa Rica - FB-A-265603

Commitment (New)

Financial Institution Buyer Credit

Comprehensive/ST

Hencorp Beestone Capital, L.C., Miami, FL 33131-2807

Monge Herrera Internacional, S.A., San Jose, Costa Rica

Same as buyer

None

Whirlpool Corporation, Miami, FL 33126-1214

Electrolux Home Products Internacional, Miami, FL 33126-12/14

AON Risk Services

Appliances and white goods

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

APPROVED

Item No. 2

Philippines - MTA-262535

Commitment (New)

Single Sale/Single Shipment

Comprehensive/MT

Guaranty Bank of California, Monterey Park, CA 91754-2857

Blue Palm Development and Realty Corporation, Quezon City, Philippines

Frederick and Marinela Trinidad, Quezon City, Philippines

Same as buyer

Dankim Trading Company, NY 10703-3426*

The American Generator Company, Maitland, FL 32751-6457*

Oracle Corporation, Redwood Shores, CA 94065-1677

Meridian Finance Group, Santa Monica, CA

Use: New kitchen equipment for domestic market use

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

APPROVED

ITEM NO 3
Country RUSSIA AP080499XX
Request for FINAL COMMITMENT
Applicant ING CAPITAL LLC, NEW YORK NY
Borrower GAZPROMBANK, MOSCOW 11742 RUSSIA
Guarantor NONE
Buyer KARBO LTD., MOSCOW RUSSIA
End-user KARBO LTD., MOSCOW RUSSIA
Exporter TTE INTERNATIONAL INC., SANTA MARIA CA
Supplier SUPERIOR HIGHWALL MINERS INC., BECKLEY WV
Gteed Lender ING CAPITAL LLC, NEW YORK NY
Project Name
Project Description OPEN PIT COAL MINING: METALLURG COAL
Product Description COAL MINING MACHINE
Financed Amount $ 9,822,997
Repayment Term 5 YEARS
Credit Committee Decision APPROVED

ITEM NO 4
Country GHANA AP080383XX
Request for FINAL COMMITMENT
Applicant SOVEREIGN BANK, ISELIN NJ
Borrower GAFT & YAK LIMITED, ACCRA GHANA
Guarantor TAKYI, GYARTENG ADARKWA FRIMPONG, ACCRA, GHANA
Guarantor KUSI, YAW ATTA, ACCRA GHANA
Buyer GAFT & YAK LIMITED, ACCRA GHANA
End-user GAFT & YAK LIMITED, ACCRA GHANA
Exporter NATIONWIDE EQUIPMENT COMPANY, JACKSONVILLE FL
Supplier NATIONWIDE EQUIPMENT COMPANY, JACKSONVILLE FL
Gteed Lender SOVEREIGN BANK, BOSTON MA
Project Description GENERAL CONSTRUCTION
Product Description USED CONSTRUCTION EQUIPMENT
Credit Committee Decision DENIED