JUNE 4, 2004

Item No 1

HONDURAS - MTR-267906

Policy (New)

Multiple Sales/Multiple Shipments

Comprehensive/MT

WorldBusiness Capital, Inc., Hartford, CT 06103

Comercial Laeisz S.A. de C.V., Tegucigalpa, Honduras

Same as buyer

Same as buyer

Same as buyer

Personal guarantee of Bernardo Hirsh, Tegucigalpa, Honduras, and

corporate guarantees of Servicentro Esso Laeisz (Honduras),

Maquinaria Salvadorena(El Salvador), and Brema International
Trading Co. (Panama)

Various

Export Insurance Agency, Walpole, MA

Equipment for the industrial, construction and agricultural

Leasing and rental to the industrial, construction and agricultural sectors

$1 - $5

APPROVED