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Summary of the Meeting of the Board of Directors

Wednesday, November 10, 2010
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

 I, Jonathan J. Cordone, General Counsel, hereby certify that in my opinion the Meeting of the Board of Directors scheduled for 9:30 AM on Wednesday, November 10, 2010, in the Board Room will disclose information of the kind set forth in Subsection (4) of Section 552b(c), Title 5 of the United States Code.

 Accordingly, such meeting may be closed to the public.

Date Posted: Wednesday, November 3, 2010

EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF THE MEETING OF BOARD OF DIRECTORS

NOVEMBER 10, 2010

ITEM NO 1
Country UNITED KINGDOM AP085168XX
Request for FINAL COMMITMENT

Applicant ING CAPITAL LLC, NEW YORK NY
Borrower INMARSAT INVESTMENT LIMITED, LONDON, EC1Y 1AX UNITED KINGDOM
Guarantor VARIOUS GUARANTORS, UNKNOWN NY
Buyer INMARSAT AG, SCHAFFHAUSEN 8201 SWITZERLAND
End-user INMARSAT AG, SCHAFFHAUSEN 8201 SWITZERLAND
Exporter BOEING SATELLITE SYSTEMS INC, EL SEGUNDO CA
Supplier BOEING SATELLITE SYSTEMS INC, EL SEGUNDO CA
Gteed Lender NONE

Project Name INMARSAT 5
Project Description COMMUNICATION SATELLITE SYSTEM
Product Description SATELLITES

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. 2 POLICY NO.: FB-487336
Country: MEXICO
COVERAGE TYPE/TERM: COMPREHENSIVE/ST
Request For APPROVAL/RENEWAL

Policy Type FINANCIAL INSTITUTION BUYER CREDIT
Insured WELLS FARGO BANK, N.A., DALLAS, TX 75202-2741
Buyer/Obligor AGROINDUSTRIAS UNIDAS DE MEXICO, S.A. DE C.V. MEXICO D.F.,MEXICO
End User GRANJAS CARROLL DE MEXICO, S. DE R.L. DE C.V., PEROTE,MEXICO
Guarantor NONE
Exporter ECOM ATLANTIC, INC., DALLAS, TX AND OTHERS
Supplier ECOM ATLANTIC, INC., DALLAS, TX AND OTHERS
Broker STRUCTURED TRADE SERVICES LLC
Products/Use COTTON AND GRAINS FOR SALE TO THE LOCAL MARKET AND ABROAD
EX-IM BANK LIABILITY (MILLIONS): $20+
Board Decision APPROVED. Chairman Hochberg, Director Kian and Director Farrell all voted in favor of the transaction.

ITEM NO 3
Country COLOMBIA AP084891XX
Request for FINAL COMMITMENT

Applicant BNP PARIBAS, NEW YORK, NY 10019
Borrower ECOPETROL S.A., BOGOTA COLOMBIA
Guarantor NONE
Buyer ECOPETROL S.A., BOGOTA COLOMBIA
End-user ECOPETROL S.A., BOGOTA COLOMBIA
Exporter VARIOUS - UNITED STATES SUPPLIERS, UNKNOWN DC
Supplier VARIOUS - UNITED STATES SUPPLIERS, UNKNOWN DC
Gteed Lender BNP PARIBAS, NEW YORK, NY 10019

Project Name NONE
Project Description CRUDE PETROLEUM PRODUCTION
Product Description FINANCE 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.