EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

MAY 10, 2005

ITEM NO 1

Country BRAZIL- AP081662XX

Credit Committee Decision HELD

ITEM NO 2

Country GUATEMALA- AP081602XX

Request for FINAL COMMITMENT

Exporter/Supplier: APACHE SALES INC., MIAMI FL

Project Name NONE

Project Description NONE

Product Description SAW MILL AND WOOD PROCESSING EQUIPMENT

Financed Amount $ 3,246,451

Repayment Term 5 YEARS

Credit Committee Decision APPROVED

ITEM NO 3

Country MEXICO- POLICY NO. MTA-280206

Request for: COMMITMENT (NEW)

Policy type: SINGLE SALE/SINGLE SHIPMENT

Coverage Type/Term: COMPREHENSIVE/MT

Exporter/Supplier: SIEMENS WESTINGHOUSE POWER CORP., ORLANDO, FL 32826-2399

Insurance Broker: EIA GLOBAL, WALPOLE, MA

Products: NEW COMBUSTION TURBINE COMPONENTS

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

Credit Committee Decision APPROVED

ITEM NO 4

Country MEXICO- POLICY NO. MTA-281527

Request for: COMMITMENT (NEW)

Policy type: SINGLE SALE/SINGLE SHIPMENT

Coverage Type/Term: COMPREHENSIVE/MT

Exporter/Supplier: SIEMENS WESTINGHOUSE POWER CORP., ORLANDO, FL 32826-2399

Insurance Broker: EIA GLOBAL, WALPOLE, MA

Products: NEW TURBINE ROTATING BLADES

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

Credit Committee Decision APPROVED

ITEM NO

Country MEXICO - POLICY NO. MSM-281626

Request for: COMMITMENT (NEW)

Policy type: SINGLE SALE/MULTIPLE SHIPMENTS

Coverage Type/Term: COMPREHENSIVE/MT

Exporter/Supplier: GSE POWER SYSTEMS, COLUMBIA, MD 21045-2013

Insurance Broker: EIA GLOBAL, WALPOLE, MA

Products: NEW COMPUTER HARDWARE AND SOFTWARE

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

Credit Committee Decision APPROVED