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Summary of the Meeting of the Board of Directors

Thursday, June 24, 2010
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Thursday, July 8, 2010

EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS

JUNE 24, 2010

ITEM NO 1 Minutes of June 10, 2010, Board Meeting to be approved
Board Decision: APPROVED. Chairman Hochberg, Director Kian
and Director Farrell all approved the minutes.

ITEM NO 2 Country: INDIA AP084337XX
Sasan Coal Fired Power Plant High Carbon Intensity project
Enhanced Due Diligence
Board Decision: DENIED. Chairman Hochberg and Director Farrell voted
to deny the transaction. Director Kian voted against the motion to deny
the transaction.

ITEM NO 3
Country MEXICO AP084977XX
Request for FINAL COMMITMENT

Applicant JPMORGAN CHASE BANK, NEW YORK NY
Borrower COMISION FEDERAL DE ELECTRICIDAD, CIUDAD DE MEXICO 06600 MEXICO
Guarantor NONE
Buyer COMISION FEDERAL DE ELECTRICIDAD, CIUDAD DE MEXICO 06600 MEXICO
End-user COMISION FEDERAL DE ELECTRICIDAD, CIUDAD DE MEXICO 06600 MEXICO
Exporter VARIOUS - UNITED STATES SUPPLIERS, UNKNOWN DC
Supplier VARIOUS - UNITED STATES SUPPLIERS, UNKNOWN DC
Gteed Lender JPMORGAN CHASE BANK, NEW YORK NY

Project Name NONE
Project Description CREDIT GUARANTEE FACILITY - CFE
Product Description VARIOUS U.S. GOODS AND SERVICES

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

ITEM NO 4
Country CANADA AP085022XX
Request for FINAL COMMITMENT

Applicant BOMBARDIER INC., DORVAL CANADA
Borrower BOMBARDIER INC., DORVAL CANADA
Guarantor NONE
Buyer BOMBARDIER INC., DORVAL CANADA
End User BOMBARDIER AEROSPACE MEXICO, S.A.DE C.V., EL MARQUES MEXICO
End User SHORT BROTHERS PLC, BELFAST IRELAND
Exporter ADVANCED INTEGRATION TECHNOLOGY INC, PLANO TX
Supplier ADVANCED INTEGRATION TECHNOLOGY INC, PLANO TX
Gteed Lender JPMORGAN CHASE BANK, DALLAS TX

Project Name NONE
Project Description AIRCRAFT PARTS MANUFACTURING
Product Description AIRCRAFT MFG EQUIP & ENGINEERING SVCS
Financed Amount $ 51,103,600
Repayment Term 5 YEARS

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

ITEM NO 5
Country HONDURAS AP083987XX
Request for FINAL COMMITMENT

Applicant ENERGIA EOLICA DE HONDURAS S.A., TEGUCIGALPA HONDURAS
Borrower ENERGIA EOLICA DE HONDURAS S.A., TEGUCIGALPA HONDURAS
Guarantor NONE
Buyer ENERGIA EOLICA DE HONDURAS S.A., TEGUCIGALPA HONDURAS
End-user ENERGIA EOLICA DE HONDURAS S.A., TEGUCIGALPA HONDURAS
Exporter GAMESA TECHNOLOGY CORPORATION INC, LANGHORNE PA
Exporter NORD/LB FINANCIAL SERVICES LLC, NEW YORK NY
Exporter ADDITIONAL EXPORTERS
Supplier NORD/LB FINANCIAL SERVICES LLC, NEW YORK NY
Supplier ALLEN & OVERY LLP, NEW YORK NY
Supplier ADDITIONAL SUPPLIERS
Gteed Lender FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN ZZ

Project Name CERRO DE HULA
Project Description 102 MW WIND POWER FARM
Product Description WIND TURBINES

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

ITEM NO 6
Country MEXICO AP084609XX
Request for FINAL COMMITMENT

Applicant MINERA Y METALURGICA DEL BOLEO, SA MEXICO
Borrower MINERA Y METALURGICA DEL BOLEO, SA MEXICO
Guarantor NONE
Buyer MINERA Y METALURGICA DEL BOLEO, SA MEXICO
End-user MINERA Y METALURGICA DEL BOLEO, SA MEXICO
Exporter FL SMIDTH INC, CATASAUQUA PA
Exporter FLOWMAX PRODUCTS INC, LIVERMORE CA
Exporter ADDITIONAL EXPORTERS
Supplier FL SMIDTH INC, CATASAUQUA PA
Supplier FLOWMAX PRODUCTS INC, LIVERMORE CA
Supplier ADDITIONAL SUPPLIERS
Gteed Lender NONE

Project Name EL BOLEO MINE (MEXICO)
Project Description COPPER/COBALT/ZINC MINING PROJECT
Product Description EL BOLEO COPPER/COBALT/ZINC PROJECT

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

ITEM NO 7
Country BRAZIL AP084018XX
Request for FINAL COMMITMENT

Applicant STAR ONE, RIO DE JANEIRO, RJ BRAZIL
Borrower STAR ONE, RIO DE JANEIRO, RJ BRAZIL
Guarantor NONE
Buyer STAR ONE, RIO DE JANEIRO, RJ BRAZIL
End-user STAR ONE, RIO DE JANEIRO, RJ BRAZIL
Exporter ORBITAL SCIENCES CORPORATION, DULLES VA
Supplier NORTHROP GRUMMAN SYSTEMS CORP, WOODLAND HILLS CA
Supplier ADCOLE CORPORATION, MARLBOROUGH MA
Supplier ADDITIONAL SUPPLIERS
Gteed Lender NONE

Project Name STAR ONE C3 SATELLITE
Project Description TELECOMMUNICATION SERVICES - SATELLITE
Product Description SATELLITE

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

ITEM NO 8A
Country ETHIOPIA AP084930XX
Request for FINAL COMMITMENT

Applicant ETHIOPIAN AIRLINES ENTERPRISE SC, ADDIS ABABA, ETHIOPIA
Borrower SPV/ETHIOPIAN AIRLINES SC, ADDIS ABABA ETHIOPIA
Buyer SPV/ETHIOPIAN AIRLINES SC, ADDIS ABABA ETHIOPIA
End-user ETHIOPIAN AIRLINES ENTERPRISE SC, ADDIS ABABA, ETHIOPIA
Exporter BOEING COMPANY, THE, EVERETT WA
Exporter GENERAL ELECTRIC COMPANY, CINCINNATI OH
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Supplier GENERAL ELECTRIC COMPANY, CINCINNATI OH
Supplier BOEING COMPANY, THE, EVERETT WA
Gteed Lender CITIBANK INTERNATIONAL PLC, LONDON, LONDON WC2R1LS UNITED KINGDOM
Lessor SPV/ETHIOPIAN AIRLINES SC, ADDIS ABABA ETHIOPIA
Lessee ETHIOPIAN AIRLINES ENTERPRISE SC, ADDIS ABABA, ETHIOPIA
Cofin ECA NIPPON EXPORT AND INVESTMENT INSURANCE (NEXI), 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 referral, Director Farrell recused herself.

ITEM NO 8B
Country ETHIOPIA PC081763XX
Request for AMENDMENT OF PRELIMINARY COMMITMENT

Applicant ETHIOPIAN AIRLINES ENTERPRISE SC, ADDIS ABABA, ETHIOPIA
Borrower SPV/ETHIOPIAN AIRLINES SC, ADDIS ABABA ETHIOPIA
Buyer SPV/ETHIOPIAN AIRLINES SC, ADDIS ABABA ETHIOPIA
End-user ETHIOPIAN AIRLINES ENTERPRISE SC, ADDIS ABABA, ETHIOPIA
Exporter BOEING COMPANY, THE, EVERETT WA
Supplier BOEING COMPANY, THE, EVERETT WA
Supplier GENERAL ELECTRIC COMPANY, CINCINNATI OH
Gteed Lender FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN ZZ
Lessor SPV/ETHIOPIAN AIRLINES SC, ADDIS ABABA ETHIOPIA
Lessee ETHIOPIAN AIRLINES ENTERPRISE SC, ADDIS ABABA, ETHIOPIA
Cofin ECA NIPPON EXPORT AND INVESTMENT INSURANCE (NEXI), 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 referral, Director Farrell recused herself.