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Summary of the Meeting of the Board of Directors

Thursday, July 29, 2010
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Wednesday, September 1, 2010

EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS

JULY 29, 2010

ITEM NO 1
Working Capital Guarantee No. AP085217XX
Request for FINAL COMMITMENT
Applicant PRIVATE EXPORT FUNDING CORP, NEW YORK, NY
Lender PRIVATE EXPORT FUNDING CORP, NEW YORK, NY
Obligor FORD MOTOR COMPANY, DEARBORN, MI
Guarantor NONE
Product Description AUTOMOBILES
Eximbank Liability (Millions): $20+

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

ITEM NO 2
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
Financed Amount $ 419,612,000
Repayment Term 11.6 YEARS

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

ITEM NO 3
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
Financed Amount $ 127,359,053
Repayment Term 8.6 YEARS

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

ITEM NO 4A
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
Repayment Term 12 YEARS

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

ITEM NO 4B
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
Repayment Term 12 YEARS

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