EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

APRIL 20, 2004

Item No 1

Country: Mexico - Policy No. MSM-265694

Request for: Policy (New)

Policy Type: Single Sale, Multiple Shipments

Coverage Type/Term: Comprehensive/MT

Insured: UPS Capital Business Credit

Buyer: Especialidades Medicas de Tobasco, SA de CV, Villa Hermosa, Mexico

Borrower Same

End-User Same

PSOR: Same

Guarantor(s): Cesar Augusto Calderon Valencia, Juan Jose Calderon Valencia,

Tomas Martin Calderon Valencia, and additional guarantors

Exporter: MD International, Inc., Miami, FL 33178-1802

Supplier: General Electric Company, Miami, FL 33178-1802

Insurance Broker: UPS Capital Insurance Agency

Products: Various medical equipment, including diagnostic and imaging

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

Credit Committee Decision: Approved

Item No 2

Country: Mexico - Policy No. MSM-263038

Request for: Policy (New)

Policy Type: Single Sale, Multiple Shipments

Coverage Type/Term: Comprehensive/MT

Insured: Toronto-Dominion Bank, Houston, TX

Buyer: Constructora Inmobiliaria Activa SA de CV, Mexico, D.F., Mexico

Borrower: Same

End-User: Same

PSOR: Same

Guarantor(s): Eduardo Ordonez Munguia, Jose Luis Ordonez Reyna and

Juan Carlos Quiroz Tovar, Mexico, D.F., Mexico

Exporter:San Antonio Trade Group, San Antonio, TX 78212-3421

Supplier: Holt Companies, Inc., San Antonio, TX 78220-7916

Insurance Broker: Penn International, San Antonio, TX

Products: New construction equipment for residential housing & various other projects

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

Credit Committee Decision: Approved

Item No 3

Country: Philippines - Policy No. MTA-263657

Request for: Policy (New)

Policy Type: Single Sale, Multiple Shipments

Coverage Type/Term: Comprehensive/MT

Insured: Guaranty Bank of California, Monterrey, CA 91754

Buyer/Obligor: Summit Designs Furniture Manufacturing Co. Inc., Lapulapu City, Philippines

End-User: Same

Corporate Guarantor:Almost Holdings, Inc., Cebu City, Philippines

Personal Guarantors: David Ugarte

Arcadio Alegrado

Exporter: Dankim Trading, New York, NY 10703-3408

Supplier: Diehl Machines, Wabash, IN, 46992-4125

Supplier: Rosenquist Inc., North Wilkesboro, NC 28569-9478

Supplier: Timesavers Inc., Minneapolis, MN 55429-3111

Broker: Meridian Finance Group, Monterrey Park, CA 91754

Products: Furniture Manufacturing Equipment

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

Credit Committee Decision: Approved