EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

NOVEMBER 12, 2004

Item No 1

Country: Brazil- Policy No. MTA-273755

Request for: Commitment (New)

Policy Type: Single Sale/Single Shipment

Coverage Type/Term: Comprehensive/MT

Insured: Air Tractor, Inc., Olney, TX 76374-0485

Exporter (U.S.): Air Tractor, Inc., Olney, TX 76374-0485

Supplier: Air Tractor, Inc., Olney, TX 76374-0485

Exporter (Canadian): Pratt & Whitney Canada, Longueuil, Quebec, Canada

Cofin ECA: Export Development of Canada (EDC)

Insurance Broker: International Risk Consultants Inc., Columbus, OH 43215-1569

Products: Agricultural aircraft

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

Credit Committee Decision: Approved

Item No 2

Country: Brazil - Policy No. MSM-273482

Request for: Commitment (New)

Policy Type: Single Sale/Multiple Shipments

Coverage Type/Term: Comprehensive/MT

Insured: PNC Bank, N.A.

Exporter: Varian Medical Systems Inc., Palo Alto, CA 94304-1030

Supplier: Same

Insurance Broker: EIA-Global

Products: Medical equipment

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

Credit Committee Decision: Approved