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Summary of the Meeting of the Board of Directors

Thursday, November 20, 2008
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Thursday, January 8, 2009

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF THE MEETING OF BOARD OF DIRECTORS
NOVEMBER 20, 2008

ITEM NO 1
Country INDIA AP083907XX
Request for FINAL COMMITMENT

Applicant UPS CAPITAL BUSINESS CREDIT, WINDSOR CT
Borrower SREI INFRASTRUCTURE FINANCE LIMITED, CALCUTTA 700 046 INDIA
Guarantor NONE
Buyer SREI INFRASTRUCTURE FINANCE LIMITED, CALCUTTA 700 046 INDIA
End-user QUIPO OIL & GAS INFRASTRUCTURE LIMITED, SAKET, NEW DELHI 110017 INDIA
Exporter INDAM INTERNATIONAL INC, HOUSTON TX
Exporter APPLIED MACHINERY CORP, HOUSTON TX
Supplier LETOURNEAU TECHNOLOGIES, LONGVIEW TX
Supplier STEWART & STEVENSON LLC, HOUSTON TX
Supplier APPLIED MACHINERY CORP, HOUSTON TX
Gteed Lender UPS CAPITAL BUSINESS CREDIT, WINDSOR CT

Project Name SREI INFRASTRUCTURE FINANCE LIMITED
Project Description OIL & GAS WELL DRILLING SERVICES
Product Description TRAILER MOUNTED DRILLING RIG PACKAGE
Financed Amount $ 47,828,279
Repayment Term 8 YEARS

Board Decision APPROVED

ITEM NO 2
Country INDIA AP083784XX
Request for FINAL COMMITMENT

Applicant GENERAL ELECTRIC CAPITAL CORPORATION, WASHINGTON DC
Borrower LANCO KONDAPALLI POWER PRIVATE LIMITED, HYDERABAD, ANDHRA PRADESH INDIA
Guarantor NONE
Buyer LANCO INFRATECH LIMITED, HYDERABAD, ANDHRA PRADESH INDIA
End-user LANCO KONDAPALLI POWER PRIVATE LIMITED, HYDERABAD, ANDHRA PRADESH INDIA
Exporter GENERAL ELECTRIC COMPANY, SCHENECTADY NY
Supplier GENERAL ELECTRIC COMPANY, SCHNECTADY NY
Supplier GENERAL ELECTRIC INTERNATIONAL, ATLANTA GA
Supplier VARIOUS - UNITED STATES SUPPLIERS, UNKNOWN
Gteed Lender NONE

Project Name LANCO KONDAPALLI PRIVATE POWER LTD.
Project Description COMBINED CYCLE POWER PLANT
Product Description GAS TURBINE GENERATORS
Financed Amount $ 62,284,458
Repayment Term 8 YEARS

Board Decision APPROVED

Item No. 3
Country: Mexico Policy No.: FB-437095
Request For: Renewal Coverage Type/Term: Comprehensive/ST
Policy Type: Financial Institution Buyer Credit

Insured: Wells Fargo HSBC Trade Bank, Houston, TX 77002-5005
Buyer/Obligor: Industrializadora de Productos Agricolas de la Cuenca del Papaloapan,
S.A. de C.V., La Granja, Veracruz, Mexico
Guarantor: Inversora Industrial Agropecuria, S.A. de C.V., La Granja, Veracruz, Mexico
Exporter: The Rice Company, Roseville, CA and Others
Supplier: The Rice Company, Roseville, CA and Others
Broker: Structured Trade Services LLC, Houston, TX
Product/Use: Rice
Ex-Im Bank Liability (Millions): $5-$20

Board Decision APPROVED

ITEM NO 4
Country: South Korea
Request For: Issuing Bank Credit Limit Policy No.: IBCL-440482
Policy Type: Bank Letter of Credit Coverage Type/Term: Comprehensive/ST

Insured: JP Morgan Chase Bank, N.A. New York, NY
Buyer/Obligor: Kookmin Bank, Gyeonggi-Do, South Korea
End User: Hyundai Heavy Industries Co., Ulsan, South Korea
Guarantor: None
Exporter: General Electric Co., Schnectady, NY
Supplier: General Electric Co., Schnectady, NY
Broker: Export Insurance Agency, Walpole, MA
Product/Use: Gas Turbine Generators
Ex-Im Bank Liability (Millions): $20+

Board Decision APPROVED