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Summary of the Meeting of the Credit Committee

Friday, July 2, 2004
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Wednesday, July 14, 2004

EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
JULY 2, 2004

Item No. 1

Country: Colombia - Policy No. FB-A-266932

Request for: Policy Commitment

Policy Type: Financial Institution Buyer Credit

Coverage Type/Term: Comprehensive/ST

Insured: PNC Bank, Pittsburgh, PA

Buyer/Obligor:Compania Colombiana de Tejidos, S.A. (Coltejer), Itagui Antioquia,
Colombia

Guarantor:None

End-User: Compania Colombiana de Tejidos, S.A. (Coltejer), Itagui Antioquia,
Colombia

Exporter:Various

Supplier: Various

Broker: EIA Global, Walpole, MA

Product: Cotton

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

Credit Committee Decision: APPROVED

Item No. 2

Country: Peru Policy No. FB-A-268888XX

Request for: Policy Commitment

Policy Type: Financial Institution Buyer Credit

Coverage Type/Term: Comprehensive/ST

Insured: Union Planters Bank, Miami, FL

Buyer/Obligor:Molino Las Mercedes, S.A., Arequipa, Peru

Guarantor:Industria Molinera Altipampa, S.A., Arequipa, Peru

End-User: Molino Las Mercedes, S.A., Arequipa, Peru

Exporter:The Rice Company, Roseville, CA

Supplier: Various

Broker: EIA Global, Walpole, MA

Product: Bulk agricultural commodities

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

Credit Committee Decision: APPROVED

Item No. 3

Country: Jamaica - Policy No. MSM-266395

Request for: Commitment (New)

Policy Type: Single Sale/Multiple Shipments

Coverage Type/Term: Comprehensive/MT

Insured: Manufacturers and Traders Trust Company (trading as M&T Bank)

Buyer/Borrower:Arc Systems Ltd., Kingston, Jamaica

End-User: Same

PSOR: Same

Guarantor: Mr. Norman Horne, Mandeville, Manchester, Jamaica

Exporter: Impex Associates, Inc., Miami, FL 33172-1416

Supplier: GTI Engineering, Inc., Houston, TX 77084-5037

Supplier: Rechtien International Trucks, Inc., Miami, FL 33166-2830

Supplier: Additional suppliers

Insurance Broker: Export Insurance Services

Product: New construction equipment for expansion of existing facility for
wholesale of various building equipment and products

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

Credit Committee Decision: APPROVED

Item No. 4

Country: United Arab Emirates - Policy No. MSM-268193

Request for: Policy

Policy Type: Single Sale/Multiple Shipments

Coverage Type/Term: Comprehensive/MT

Insured: M & T Bank, Baltimore, MD 21201-3330

Buyer/Borrower:Hydroturf LLC, Dubai, United Arab Emirates

End-User: Same

PSOR: Hydroturf International Company, Bahrain

Guarantors: Hydroturf International Company, Bahrain and Khalid Abunayyan

Exportes/Suppliers: Polaris Industries Inc., Hamel, MN 55340-9770

Club Car Inc., Augusta, GA 30917-3067

Insurance Broker: Global Insurance Services Inc., Baltimore, MD

Product: All terrain vehicles, golf carts and personal watercrafts

Credit Committee Decision: DENIED

ITEM NO 5
Country MEXICO AP080675XX
Request for FINAL COMMITMENT
Applicant TORONTO-DOMINION BANK, HOUSTON TX
Borrower CONSTRUCTORA ROBHE, S.A. DE C.V., DE LOS GARZA,
NUEVO LEON 66480 MEXICO
Guarantor LOZANO LOZANO, ROBERTO, GARZA GARCIA, NUEVO LEON
MEXICO
Guarantor CISNEROS ELIZONDO, AURORA, SAN PEDRO GARZA GARCIA
MEXICO
Guarantor LOZANO CISNEROS, ALEJANDRA, SAN PEDRO GARZA GARCIA
MEXICO
Buyer CONSTRUCTORA ROBHE, S.A. DE C.V., DE LOS GARZA,
NUEVO LEON 66480 MEXICO
End-user CONSTRUCTORA ROBHE, S.A. DE C.V., DE LOS GARZA,
NUEVO LEON 66480 MEXICO
Exporter SAN ANTONIO TRADE GROUP INC., SAN ANTONIO TX
Supplier CASE CORPORATION, RACINE, WI
Supplier INGERSOLL-RAND COMPANY, WOODCLIFF LAKE, NJ
Supplier ADDITIONAL SUPPLIERS
Gteed Lender TORONTO-DOMINION BANK, HOUSTON TX
Project Name
Project Description NEW CONSTRUCTION EQUIPMENT
Product Description ALL OTHER HEAVY EQUIPMENTFinanced Amount $7,978,598
Repayment Term 5 YEARSCredit Committee Decision APPROVED

ITEM NO 6
Country RUSSIA AP080783XX
Request for FINAL COMMITMENT
Applicant JOHN DEERE INTERNATIONAL GMBH, SCHAFFHAUSEN, GH-8200
SWITZERLAND
B
orrower URAL-SIBERIAN BANK PUBLIC JOINT STOCK CO, UFA,

BASHKORTSTAN 450000 RUSSIA
Guarantor
NONE
Buyer VARIOUS RUSSIAN BUYERS, UNKNOWN RUSSIA
End-user VARIOUS RUSSIAN BUYERS, UNKNOWN RUSSIA
Exporter DEERE & COMPANY, MOLINE IL
Supplier DEERE & COMPANY, MOLINE IL
Gteed Lender DEERE CREDIT INC., JOHNSTON IA
Project Description AGRICULTURAL EQUIPMENT
Product Description COMBINES, TRACTORS, CULTIVATORS & SEEDERS
Financed Amount $ 10,501,000
R
epayment Term 5 YEARS
Credit Committee Decision APPROVED

ITEM NO 7
Country NIGERIA AP080656XX
Request for FINAL COMMITMENT
Applicant MANUFACTURERS AND TRADERS TRUST CO., BALTIMORE MD
Borrower EIB INTERNATIONAL BANK PLC, LAGOS, LAGOS STATE NIGERIA
Guarantor NONE
Buyer IBILE HOLDINGS LIMITED, LAGOS, LAGOS STATE NIGERIA
End-user IBILE HOLDINGS LIMITED, LAGOS, LAGOS STATE NIGERIA
Exporter DREDGING SUPPLY COMPANY INC, RESERVE LA
Supplier DREDGING SUPPLY COMPANY INC, RESERVE LA
Gteed Lender MANUFACTURERS AND TRADERS TRUST CO., BALTIMORE MD
Project Name LAGOS STATE DREDGING ACTIVITIES
Project Description SHARK DREDGE AND ACCESSORIES
Product Description CONSTRUCTION MACHINERY MANUFACTURING
Financed Amount $ 3,258,220
Repayment Term 5 YEARS
Credit Committee Decision APPROVED