EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

NOVEMBER 19, 2004

ITEM NO 1

Country India - Policy No. MSM-275735

Request for: Commitment (New)

Policy Type: Single Sale/Multiple Shipment

Coverage Type/Term: Comprehensive/MT

Insured: The Toronto-Dominion Bank, Houston, TX

Exporter: The Gleason Works, Rochester, NY 14607-1239

Supplier: Same

Insurance Broker: Johnstone Downey Klein, Inc., Columbus, OH

Products: Production equipment to manufacture gears

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

Credit Committee Decision: Approved

ITEM NO 2

Country Philippines - Policy No. MSM-275271

Request for: Policy (New)

Policy Type: Single Sale/Multiple Shipments

Coverage Type/Term: Comprehensive/MT

Insured: East West Bank, San Marino, CA 91108-2358

Exporter: Blue Bird Corporation, Fort Valley, CA 31030-5088

Supplier: Same

Insurance Broker: Penn International Insurance, San Antonio, TX

Products: Buses

Ex-Im Bank Liability (Millions): $5 - $20

Credit Committee Decision: Approved