EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS

December 30, 2009

ITEM NO 1 HELD

ITEM NO 2
Country ISRAEL AP084686XX
Request for FINAL COMMITMENT

Applicant ATRAFIN, ALPHARETTA GA
Borrower OIL REFINERIES LTD, HAIFA BAY, ISRAEL
Guarantor NONE
Buyer OIL REFINERIES LTD, HAIFA BAY, ISRAEL
End-user OIL REFINERIES LTD, HAIFA BAY, ISRAEL
Exporter UOP LLC, DES PLAINES IL
Supplier UOP LLC, DES PLAINES IL
Gteed Lender PRIVATE EXPORT FUNDING CORP, NEW YORK NY
Cofin ECA HERMES, GERMANY
Cofin ECA EXPORT CREDIT INSURANCE ORGANIZATION (ECIO), GREECE

Project Name HAIFA OIL REFINERY
Project Description OIL REFINERY
Product Description CONSTRUCTION OF CATALYTIC HYDRO-CRACKING

Board Decision REFER TO CONGRESS. Chairman Hochberg, Director Kian and Director Farrell all voted in favor of the transaction.