EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS

JUNE 3, 2010

ITEM NO 1
Country: Mexico Policy No. ESS-448529, others
Request for a Short Term Special Delegated Authority for Nemak, S.A.
Board Decision APPROVED. Chairman Hochberg, Director Kian and Director Farrell all voted in favor of the transaction.

ITEM NO 2
Country: MEXICO Policy No.: FB-468293
Request For: AMENDMENT Coverage Type/Term: Comprehensive/ST
Policy Type: Financial Institution Buyer Credit

Insured: Espirito Santo Bank, Miami, FL
Buyer/Obligor: Molinera de Mexico, S.A. de C.V., San Pedro Garcia, Mexico
Compania Nacional Almacenadora, S.A. de C.V., San Pedro Garza Garcia, Mexico
End User: Molinera de Mexico, S.A. de C.V., San Pedro Garcia, Mexico
Compania Nacional Almacenadora, S.A. de C.V., San Pedro Garza Garcia, Mexico
Guarantor: Gruma S.A.B. de C.V., San Pedro Garza Garcia, Mexico
Exporter(s): Cargill Inc., Wayzata, MN
The Scoular Company, Omaha, NE
Lansing Trade Group, Overland Park, KS
Supplier(s): Cargill Inc., Wayzata, MN
The Scoular Company, Omaha, NE
Lansing Trade Group, Overland Park, KS
Broker: Johnstone Downey Klein, Inc., D/B/A Intl Risk Consultants, Columbus, OH
Product/Use: Wheat & Corn/ Inventory
Ex-Im Bank Liability (Millions): $20+

Board Decision: APPROVED. Chairman Hochberg, Director Kian and Director Farrell all voted in favor of the amendment.

ITEM NO 3
Country UKRAINE AP085051XX
Request for FINAL COMMITMENT (NEW)

Applicant BNP-PARIBAS, NEW YORK NY
Borrower FERREXPO AG, BAAR CH-6340 SWITZERLAND
Guarantor YERISTOVO MINING/PROCESSING INTEGRATED, KOMSOMOLSK CITY, UKRAINE
Guarantor FERREXPO POLTAVA GOK, KOMSOMOLSK CITY, POLTAV UKRAINE
Buyer FERREXPO AG, BAAR CH-6340 SWITZERLAND
End-user YERISTOVO MINING/PROCESSING INTEGRATED, KOMSOMOLSK CITY, UKRAINE
Exporter CATERPILLAR INC., PEORIA IL
Supplier CATERPILLAR INC., PEORIA IL
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Gteed Lender BNP-PARIBAS, NEW YORK NY

Project Name NONE
Project Description IRON ORE MINING
Product Description MINING EQUIPMENT

Financed Amount $ 18,039,668
Repayment Term 7 YEARS

Board Decision APPROVED. Chairman Hochberg, Directors Kian and Farrell all voted in favor of the transaction.

ITEM NO 4
Country SPAIN AP084578XX
Request for AMENDMENT

Applicant BANCO BILBOA VIZCAYA ARGENTARIA, S.A., NEW YORK NY
Applicant BNP PARIBAS, 75450 PARIS, CEDEX 09 FRANCE
Borrower HISPASAT, S.A., 28023 MADRID SPAIN
Guarantor NONE
Buyer HISPASAT, S.A., 28023 MADRID SPAIN
End-user HISPASAT, S.A., 28023 MADRID SPAIN
Exporter SPACE SYSTEMS/LORAL INC, PALO ALTO CA
Exporter TO BE DETERMINED, UNKNOWN DC
Supplier SPACE SYSTEMS/LORAL INC, PALO ALTO CA
Supplier TO BE DETERMINED, UNKNOWN DC
Gteed Lender BANCO BILBOA VIZCAYA ARGENTARIA, S.A., NEW YORK NY
Gteed Lender BNP PARIBAS, 75450 PARIS, CEDEX 09 FRANCE

Project Name NONE
Project Description TELECOMMUNICATION SERVICES
Product Description ONE SATELLITE LAUNCH INSURANCE
Financed Amount $ 175,258,434
Repayment Term 8.6 YEARS

Board Decision APPROVED. Chairman Hochberg, Directors Kian and Farrell all voted in favor of the amendment.

ITEM NO 5
Country SAUDI ARABIA AP084344XX
Request for FINAL COMMITMENT

Applicant SUEZ TRACTABEL, DUBAI BRANCH, DUBAI U ARAB EMIRATES
Borrower DHURUMA ELECTRICITY COMPANY, SAUDIA ARABIA SAUDI ARABIA
Guarantor NONE
Buyer DHURUMA ELECTRICITY COMPANY, SAUDIA ARABIA SAUDI ARABIA
End-user DHURUMA ELECTRICITY COMPANY, SAUDIA ARABIA SAUDI ARABIA
Exporter GENERAL ELECTRIC COMPANY, GREENVILLE SC
Exporter GENERAL ELECTRIC COMPANY INC, ATLANTA GA
Exporter ADDITIONAL EXPORTERS
Supplier GENERAL ELECTRIC COMPANY, GREENVILLE SC
Supplier GENERAL ELECTRIC COMPANY INC, ATLANTA GA
Supplier ADDITIONAL SUPPLIERS
Gteed Lender NONE

Project Name DHURUMA 1729MW
Project Description GAS FIRED COMBINED CYCLE POWER PLANT
Product Description GAS TURBINES & SPARE PARTS

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

ITEM NO 6
Country SINGAPORE AP084906XX
Request for FINAL COMMITMENT

Applicant CITIBANK, N.A., SINGAPORE 039190 SINGAPORE
Borrower SPV/BOC AVIATION PTE. LTD., SINGAPORE 068811 SINGAPORE
Buyer SPV/BOC AVIATION PTE. LTD., SINGAPORE 068811 SINGAPORE
End User CATHAY PACIFIC AIRWAYS LIMITED, CHEK LAP KOK 1003 HONG KONG
End User HAINAN AIRLINES CO. LTD., HAINAN 570206 CHINA(MAINLAND)
End User JET AIRWAYS (INDIA) PVT. LTD., MUMBAI - 400021 INDIA
Exporter BOEING COMPANY, THE, RENTON WA
Exporter BOEING COMPANY, THE, EVERETT WA
Supplier BOEING COMPANY, THE, RENTON WA
Supplier BOEING COMPANY, THE, EVERETT WA
Supplier ADDITIONAL SUPPLIERS
Gteed Lender CITIBANK, N.A., SINGAPORE 039190 SINGAPORE
Lessor SPV/BOC AVIATION PTE. LTD., SINGAPORE 068811 SINGAPORE
Lessee BOC AVIATION PTE. LTD., SINGAPORE 068811 SINGAPORE
Cofin ECA NIPPON EXPORT AND INVESTMENT INSURANCE, CHIYODA-KU, TOKYO 101-0065 JAPAN

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT

Board Decision: REFER TO U.S. CONGRESS. Chairman Hochberg and Director Kian
both voted in favor of the transaction, Director Farrell recused herself.