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Summary of the Meeting of the Board of Directors

Wednesday, September 1, 2010
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Thursday, September 16, 2010

EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS

SEPTEMBER 1, 2010

ITEM NO 1 Minutes of July 29, 2010 Board Meeting to be approved
Board Decision: APPROVED. Chairman Hochberg, Director Kian and
Director Farrell all approved the minutes.

ITEM NO 2 Minutes of August 4, 2010 Board Meeting to be approved
Board Decision: APPROVED. Chairman Hochberg, Director Kian and
Director Farrell all approved the minutes.

ITEM NO 3
Country TURKEY AP085082XX
Request for FINAL COMMITMENT

Applicant GE CAPITAL MARKETS CORPORATE, WASHINGTON DC
Borrower BOSEN ENERJI ELEKTRIK URETIM A.S., BURSA TURKEY
Guarantor NONE
Buyer BOSEN ENERJI ELEKTRIK URETIM A.S., BURSA TURKEY
End-user BOSEN ENERJI ELEKTRIK URETIM A.S., BURSA TURKEY
Exporter GE PACKAGED POWER INC, HOUSTON TX
Exporter GE CAPITAL MARKETS CORPORATE, WASHINGTON DC
Supplier GE PACKAGED POWER INC, HOUSTON TX
Supplier GE CAPITAL MARKETS CORPORATE, WASHINGTON DC
Gteed Lender GE CAPITAL MARKETS CORPORATE, WASHINGTON DC
Cofin ECA HUNGARIAN EXPORT-IMPORT BANK LTD), BUDAPEST H-1065, HUNGARY
Cofin ECA EKSPORT KREDIT FONDEN EKF DENMARK, COPENHAGEN DENMARK

Project Name BOSEN
Project Description COMBINED CYCLE POWER PLANT EXPANSION
Product Description ANCILLARY SERVICES
Financed Amount $ 55,392,687
Repayment Term 12 YEARS

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

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
SEPTEMBER 1, 2010

ITEM NO 4A
Country NETHERLANDS AP084636XX
Request for FINAL COMMITMENT

Applicant AERCAP GROUP SERVICES, SCHIPHOL APT. AMSTERDAM NETHERLANDS
Borrower SPC/AERCAP IRELAND LIMITED, SHANNON, COUNTY CLARE IRELAND
Buyer SPC/AERCAP IRELAND LIMITED, SHANNON, COUNTY CLARE IRELAND
End-user VRG LINHAS AEREAS SA, SAO PAULO 04626-020 BRAZIL
Exporter BOEING COMPANY, THE, RENTON WA
Supplier CFM INTERNATIONAL INC, CINCINNATI OH
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Supplier BOEING COMPANY, THE, RENTON WA
Gteed Lender CREDIT AGRICOLE CORPORATE AND INVESTMENT, NEW YORK NY
Lessor SPC/AERCAP IRELAND LIMITED, SHANNON, COUNTY CLARE IRELAND
Lessee AERCAP IRELAND LIMITED, COUNTY CLARE IRELAND

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Repayment Term 11 YEARS/9 MONTHS

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

ITEM NO 4B
Country NETHERLANDS PC085061XX
Request for PRELIMINARY COMMITMENT

Applicant AERCAP GROUP SERVICES, SCHIPHOL APT. AMSTERDAM NETHERLANDS
Borrower SPC/AERCAP IRELAND LIMITED, SHANNON, COUNTY CLARE IRELAND
Buyer SPC/AERCAP IRELAND LIMITED, SHANNON, COUNTY CLARE IRELAND
End-user VARIOUS END USER SUB-LESSEES, UNKNOWN VARIOUS CNTRIES
Exporter BOEING COMPANY, THE, RENTON WA
Supplier CFM INTERNATIONAL INC, CINCINNATI OH
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Supplier BOEING COMPANY, THE, RENTON WA
Gteed Lender FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN ZZ
Lessor SPC/AERCAP IRELAND LIMITED, SHANNON, COUNTY CLARE IRELAND
Lessee AERCAP IRELAND LIMITED, COUNTY CLARE IRELAND

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
PC Expiry Date 01/15/11
Repayment Term 12 YEARS

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

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
SEPTEMBER 1, 2010

ITEM NO 5
Country INDIA AP085460XX
Request for FINAL COMMITMENT

Applicant TORONTO-DOMINION BANK, THE, MONTREAL, QUEBEC H2Y 1S1 CANADA
Borrower L&T AVIATION SERVICES PRIVATE LIMITED, MUMBAI INDIA
Buyer L&T AVIATION SERVICES PRIVATE LIMITED, MUMBAI INDIA
End-user L&T AVIATION SERVICES PRIVATE LIMITED, MUMBAI INDIA
Exporter HAWKER BEECHCRAFT INC, WITCHITA KS
Supplier HAWKER BEECHCRAFT INC, WITCHITA KS
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Gteed Lender TORONTO-DOMINION BANK, THE, MONTREAL, QUEBEC H2Y 1S1 CANADA

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Repayment Term 10 YEARS

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

ITEM NO 6A
Country NEW ZEALAND AP085449XX
Request for FINAL COMMITMENT

Applicant AIR NEW ZEALAND LIMITED, AUCKLAND 1001 NEW ZEALAND
Borrower SPV/AIR NEW ZEALAND AIRCRAFT HOLDINGS LT, AUCKLAND 1001 NEW ZEALAND
Buyer SPV/AIR NEW ZEALAND AIRCRAFT HOLDINGS LT, AUCKLAND 1001 NEW ZEALAND
End-user AIR NEW ZEALAND LIMITED, AUCKLAND 1001 NEW ZEALAND
Exporter BOEING COMPANY, THE, EVERETT WA
Exporter GENERAL ELECTRIC COMPANY, CINCINNATI OH
Supplier GENERAL ELECTRIC COMPANY, CINCINNATI OH
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Supplier BOEING COMPANY, THE, EVERETT WA
Gteed Lender BANK OF TOKYO MITSUBISHI UFJ, LTD, NEW YORK NY
Gteed Lender CITIBANK N.A., NEW YORK NY
Lessor SPV/AIR NEW ZEALAND AIRCRAFT HOLDINGS LT, AUCKLAND 1001 NEW ZEALAND
Lessee AIR NEW ZEALAND AIRCRAFT HOLDINGS LTD., AUCKLAND 1001 NEW ZEALAND
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.

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
SEPTEMBER 1, 2010

ITEM NO 6B
Country NEW ZEALAND PC085450XX
Request for PRELIMINARY COMMITMENT

Applicant AIR NEW ZEALAND LIMITED, AUCKLAND 1001 NEW ZEALAND
Borrower SPV/AIR NEW ZEALAND AIRCRAFT HOLDINGS LT, AUCKLAND 1001 NEW ZEALAND
Buyer SPV/AIR NEW ZEALAND AIRCRAFT HOLDINGS LT, AUCKLAND 1001 NEW ZEALAND
End-user AIR NEW ZEALAND LIMITED, AUCKLAND 1001 NEW ZEALAND
Exporter BOEING COMPANY, THE, EVERETT WA
Exporter GENERAL ELECTRIC COMPANY, CINCINNATI OH
Supplier GENERAL ELECTRIC COMPANY, CINCINNATI OH
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Supplier BOEING COMPANY, THE, EVERETT WA
Gteed Lender FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN ZZ
Lessor SPV/AIR NEW ZEALAND AIRCRAFT HOLDINGS LT, AUCKLAND 1001 NEW ZEALAND
Lessee AIR NEW ZEALAND AIRCRAFT HOLDINGS LTD., AUCKLAND 1001 NEW ZEALAND
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.

ITEM NO 7A
Country TURKEY AP085379XX
Request for FINAL COMMITMENT

Applicant TURK HAVA YOLLARI A O, ISTANBUL TURKEY
Borrower SPV/TURK HAVA YOLLARI A O, ISTANBUL TURKEY
Buyer SPV/TURK HAVA YOLLARI A O, ISTANBUL TURKEY
End-user TURK HAVA YOLLARI A O, ISTANBUL TURKEY
Exporter BOEING COMPANY, THE, EVERETT WA
Exporter GENERAL ELECTRIC COMPANY, CINCINNATI OH
Supplier GENERAL ELECTRIC COMPANY, CINCINNATI OH
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Supplier BOEING COMPANY, THE, EVERETT WA
Gteed Lender JPMORGAN CHASE BANK, NEW YORK NY
Lessor SPV/TURK HAVA YOLLARI A O, ISTANBUL TURKEY
Lessee TURK HAVA YOLLARI A O, ISTANBUL TURKEY
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.

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
SEPTEMBER 1, 2010

ITEM NO 7B
Country TURKEY PC085378XX
Request for PRELIMINARY COMMITMENT

Applicant TURK HAVA YOLLARI A O, ISTANBUL TURKEY
Borrower SPV/TURK HAVA YOLLARI A O, ISTANBUL TURKEY
Buyer SPV/TURK HAVA YOLLARI A O, ISTANBUL TURKEY
End-user TURK HAVA YOLLARI A O, ISTANBUL TURKEY
Exporter BOEING COMPANY, THE, EVERETT WA
Supplier GENERAL ELECTRIC COMPANY, CINCINNATI OH
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Supplier BOEING COMPANY, THE, EVERETT WA
Gteed Lender FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN ZZ
Lessor SPV/TURK HAVA YOLLARI A O, ISTANBUL TURKEY
Lessee TURK HAVA YOLLARI A O, ISTANBUL TURKEY
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.

ITEM NO 8A
Country IRELAND AP084622XX
Request for FINAL COMMITMENT (Conversion No. 4)

Applicant RYANAIR HOLDINGS PLC, CLOGHRAN IRELAND
Borrower SPV/RYANAIR LTD., CLOGHRAN IRELAND
Buyer SPV/RYANAIR LTD., CLOGHRAN IRELAND
End-user RYANAIR LTD., CLOGHRAN IRELAND
Exporter BOEING COMPANY, THE, RENTON WA
Supplier CFM INTERNATIONAL INC, CINCINNATI OH
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Supplier BOEING COMPANY, THE, RENTON WA
Gteed Lender CREDIT AGRICOLE CORPORATE AND INVESTMENT, 92920 PARIS LA DEFENSE CEDEX FRANCE
Lessor SPV/RYANAIR LTD., CLOGHRAN IRELAND
Lessee RYANAIR LTD., CLOGHRAN IRELAND

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.

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
SEPTEMBER 1, 2010

ITEM NO 8B
Country IRELAND AP084622XX
Request for FINAL COMMITMENT (Conversion No. 5)

Applicant RYANAIR HOLDINGS PLC, CLOGHRAN IRELAND
Borrower SPV/RYANAIR LTD., CLOGHRAN IRELAND
Buyer SPV/RYANAIR LTD., CLOGHRAN IRELAND
End-user RYANAIR LTD., CLOGHRAN IRELAND
Exporter BOEING COMPANY, THE, RENTON WA
Supplier CFM INTERNATIONAL INC, CINCINNATI OH
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Supplier BOEING COMPANY, THE, RENTON WA
Gteed Lender CREDIT AGRICOLE CORPORATE AND INVESTMENT, 92920 PARIS LA DEFENSE CEDEX FRANCE
Lessor SPV/RYANAIR LTD., CLOGHRAN IRELAND
Lessee RYANAIR LTD., CLOGHRAN IRELAND

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 8C
Country IRELAND AP085490XX
Request for FINAL COMMITMENT

Applicant RYANAIR HOLDINGS PLC, CLOGHRAN IRELAND
Borrower SPV/RYANAIR LTD., CLOGHRAN IRELAND
Buyer SPV/RYANAIR LTD., CLOGHRAN IRELAND
End-user RYANAIR, LTD., CLOGHRAN IRELAND
Exporter BOEING COMPANY, THE, RENTON WA
Supplier CFM INTERNATIONAL INC, CINCINNATI OH
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Supplier BOEING COMPANY, THE, RENTON WA
Gteed Lender CREDIT AGRICOLE CORPORATE AND INVESTMENT, 92920 PARIS LA DEFENSE CEDEX FRANCE
Lessor SPV/RYANAIR LTD., CLOGHRAN IRELAND
Lessee RYANAIR, LTD., CLOGHRAN IRELAND

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.