APRIL 23, 2004

Item No. 1

Philippines - MTA-265256

Commitment(New)

Single Sale/Single Shipment

Comprehensive/MT

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

JCA Marketing, Cabanatuan City, Philippines

Same as buyer

Same as buyer

Same as buyer

Mr. Jaime D. Austria, Cabanatuan City, Philippines

ECCO, Montebello, CA 90640-3475

1) Reed Manufacturing, Chino, CA, 91710-7008

2) SJF Material Handling Equipment, Winstead, MN 55395-7722

Meridian Finance Group, Santa Monica, CA

New Industrial machinery and equipment

Use of Products: For use in the buyer's domestic swine operations.

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

APPROVED

ITEM NO 2

Country TURKEY AP080550XX

Request for FINAL COMMITMENT

Applicant BANK OF NEW YORK, NEW YORK NY

Borrower HURRIYET GAZETECILIK VE MATBAACILIK, AS, KIRECOCAGI
MEVKII, ISTANBUL 34544TURKEY

Guarantor DOGAN DAGITIM SATIS VE PAZARLAMA A.S., ESENYURT, ISTANBUL TURKEY

Guarantor DOGAN DIS TICARET VE MUMESSILLIK A.S., USKUDAR, ISTANBUL
34662 TURKEY

Buyer HURRIYET GAZETECILIK VE MATBAACILIK, AS, KIRECOCAGI
MEVKII, ISTANBUL 34544TURKEY

End-user HURRIYET GAZETECILIK VE MATBAACILIK, AS, KIRECOCAGI
MEVKII, ISTANBUL 34544TURKEY

Exporter TENSOR GROUP INC, WOODRIDGE IL

Supplier TENSOR GROUP INC, WOODRIDGE IL

Gteed Lender BANK OF NEW YORK, NEW YORK NY

Project Name NONE

Project Description OTHER COMMERCIAL PRINTING

Product Description NEW PRINTING PRESSES & SPARE PARTS

Financed Amount $ 7,267,118

Repayment Term 5 YEARS

Credit Committee Decision APPROVED