Board Decision: APPROVED

ITEM NO 2 Minutes of December 1, 2005, Board Meeting to be approved
Board Decision: APPROVED

ITEM NO 3A
Country NETHERLANDS AP082241XX
Request for FINAL COMMITMENT

Applicant KONINKLIJKE LUCHTVAART MAATSCHAPPIJ NV, AMSTELVEEN, 1182 GP LL NETHERLANDS
Borrower SPV/KLM ROYAL DUTCH AIRLINES, CAYMAN ISLANDS CAYMAN ISLANDS
Guarantor NONE
Buyer SPV/KLM ROYAL DUTCH AIRLINES, CAYMAN ISLANDS CAYMAN ISLANDS
End-user KONINKLIJKE LUCHTVAART MAATSCHAPPIJ NV, AMSTELVEEN, 1182 GP LL NETHERLANDS
Exporter BOEING COMPANY, EVERETT WA
Supplier GENERAL ELECTRIC COMPANY INC, CINCINNATI OH
Supplier BOEING COMPANY, EVERETT WA
Gteed Lender ING (US) CAPITAL, LLC, NEW YORK NY
Lessor SPV/KLM ROYAL DUTCH AIRLINES, CAYMAN ISLANDS CAYMAN ISLANDS
Lessee KONINKLIJKE LUCHTVAART MAATSCHAPPIJ NV, AMSTELVEEN, 1182 GP LL NETHERLANDS
Cofin ECA NIPPON EXPORT AND INVESTMENT INSURANCE (NEXI)

Project Name None
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Board Decision REFER TO CONGRESS

ITEM NO 3B
Country NETHERLANDS AP082244XX
Request for FINAL COMMITMENT

Applicant KONINKLIJKE LUCHTVAART MAATSCHAPPIJ NV, AMSTELVEEN, 1182 GP LL NETHERLANDS
Borrower SPV/KLM ROYAL DUTCH AIRLINES, CAYMAN ISLANDS CAYMAN ISLANDS
Guarantor NONE
Buyer SPV/KLM ROYAL DUTCH AIRLINES, CAYMAN ISLANDS CAYMAN ISLANDS
End-user KONINKLIJKE LUCHTVAART MAATSCHAPPIJ NV, AMSTELVEEN, 1182 GP LL NETHERLANDS
Exporter BOEING COMPANY, EVERETT WA
Supplier GENERAL ELECTRIC COMPANY INC, CINCINNATI OH
Supplier BOEING COMPANY, EVERETT WA
Gteed Lender RABOBANK COOP CENTR RAIFFEIS, NEW YORK NY
Lessor SPV/KLM ROYAL DUTCH AIRLINES, CAYMAN ISLANDS CAYMAN ISLANDS
Lessee KONINKLIJKE LUCHTVAART MAATSCHAPPIJ NV, AMSTELVEEN, 1182 GP LL NETHERLANDS
Cofin ECA Nippon Export and Investment Insurance (NEXI)

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT

Board Decision REFER TO CONGRESS