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Summary of the Meeting of the Board of Directors

Thursday, June 16, 2005
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Thursday, July 14, 2005

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
JUNE 16, 2005

Country KOREA, REPUBLIC OF AP081571AX
Request for FINAL COMMITMENT

Applicant KOREAN AIR LINES CO. LTD., SEOUL KOREA, REP OF
Borrower SPV/KOREAN AIR LINES, SEOUL KOREA, REP OF
Guarantor NONE
Buyer SPV/KOREAN AIR LINES, SEOUL KOREA, REP OF
End-user KOREAN AIR LINES CO. LTD., SEOUL KOREA, REP OF
Exporter BOEING COMPANY, EVERETT WA
Supplier UNITED TECHNOLOGIES CORP, EAST HARTFORD CT
Supplier BOEING COMPANY, EVERETT WA
Gteed Lender CALYON CAPITAL MARKETS ASIA B.V., MINATO-KU, TOKYO 105-0021 JAPAN
Lessor SPV/KOREAN AIR LINES, SEOUL KOREA, REP OF
Lessee KOREAN AIR LINES CO. LTD., SEOUL KOREA, REP OF

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Repayment Term 12 YEARS

Board Decision APPROVED

ITEM NO 1B
Country KOREA, REPUBLIC OF AP081571BX
Request for FINAL COMMITMENT

Applicant KOREAN AIR LINES CO. LTD., SEOUL KOREA, REP OF
Borrower SPV/KOREAN AIR LINES, SEOUL KOREA, REP OF
Guarantor NONE
Buyer SPV/KOREAN AIR LINES, SEOUL KOREA, REP OF
End-user KOREAN AIR LINES CO. LTD., SEOUL KOREA, REP OF
Exporter BOEING COMPANY, EVERETT WA
Supplier UNITED TECHNOLOGIES CORP, EAST HARTFORD CT
Supplier BOEING COMPANY, EVERETT WA
Gteed Lender CALYON CAPITAL MARKETS ASIA B.V., MINATO-KU, TOKYO 105-0021 JAPAN
Lessor SPV/KOREAN AIR LINES, SEOUL KOREA, REP OF
Lessee KOREAN AIR LINES CO. LTD., SEOUL KOREA, REP OF

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Repayment Term 12 YEARS

Board Decision APPROVED