EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
OCTOBER 25, 2006

ITEM NO 1 Minutes of September 7, 2006, Board Meeting to be approved
Board Decision: APPROVED

ITEM NO 2Minutes of September 14, 2006, Board Meeting to be approved
Board Decision: APPROVED

ITEM NO 3Minutes of September 21, 2006, Board Meeting to be approved
Board Decision: APPROVED

ITEM NO 4Minutes of September 28 2006, Board Meeting to be approved
Board Decision: APPROVED

ITEM NO 5
Country MEXICO AP082750XX
Request for FINAL COMMITMENT

Applicant BANCO SANTANDER CENTRAL HISPANO, NEW YORK NY
Borrower PEMEX PROJECT FUNDING MASTER TRUST, THE, MEXICO D.F. 11311 MEXICO
Guarantor PEMEX REFINACION S.A. DE C.V., MEXICO, DF MEXICO
Guarantor PEMEX EXPLORACION Y PRODUCCION, POLANCO, DF 11510 MEXICO
Guarantor ADDITIONAL GUARANTORS
Buyer PEMEX EXPLORACION Y PRODUCCION, POLANCO, DF 11510 MEXICO
End-userPEMEX EXPLORACION Y PRODUCCION, POLANCO, DF 11510 MEXICO
ExporterCHAUVIN ARNOUX INC, DOVER NH
Exporter AG/MAN INDUSTRIES INC, HOUSTON TX
Exporter ADDITIONAL EXPORTERS
Supplier CHAUVIN ARNOUX INC, DOVER NH
Supplier AG/MAN INDUSTRIES INC, HOUSTON TX
SupplierADDITIONAL SUPPLIERS
Gteed Lender BANCO SANTANDER CENTRAL HISPANO, NEW YORK NY

Project Name MULTIPLE PIDIREGAS PROJECTS
Project Description SMALL BUSINESS FACILITY - OIL & GAS DEVELOPMENT
Product Description OIL FIELD SUPPORT ACTIVITIES

Board Decision REFERRED TO CONGRESS

ITEM NO 6
Country VIETNAM PC082900XX
Request for PRELIMINARY COMMITMENT

Applicant VIETNAM AIRLINES CORPORATION, HANOI 10000 VIETNAM
Borrower SPV/VIETNAM AIRLINES CORP., HANOI VIETNAM
Guarantor MINST OF FINANCE OF VIETNAM, HANOI VIETNAM
Buyer SPV/VIETNAM AIRLINES CORP., HANOI VIETNAM
End-user VIETNAM AIRLINES CORPORATION, HANOI 10000 VIETNAM
Exporter BOEING COMPANY, THE, EVERETT WA
Supplier BOEING COMPANY, THE, EVERETT WA
Gteed LenderNONE
Lessor SPV/VIETNAM AIRLINES CORP., HANOI VIETNAM
Lessee VIETNAM AIRLINES CORPORATION, HANOI 10000 VIETNAM
Cofin ECA NIPPON EXPORT AND INVESTMENT INSURANCE, CHIYODA-KU, TOKYO 101-0065 JAPAN

Project NameNONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
PC Expiry Date 05/14/07

Board Decision APPROVED