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Summary of the Meeting of the Board of Directors

Thursday, January 13, 2011
 
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 Thursday, January 13, 2011, in the Board Room will disclose information of the kind set forth in Subsection (4) and (9)(B) of Section 552b(c), Title 5 of the United States Code.

Accordingly, such meeting may be closed to the public.

Date Posted: Thursday, January 6, 2011

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
JANUARY 13, 2011

ITEM NO 1 Minutes of December 2, 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 December 9, 2010 Board Meeting to be approved
Board Decision: APPROVED. Chairman Hochberg, Director Kian and
Director Farrell all approved the minutes.

ITEM NO 3 Minutes of December 16, 2010 Board Meeting to be approved
Board Decision: APPROVED. Chairman Hochberg, Director Kian and
Director Farrell all approved the minutes.

ITEM NO 4 Minutes of December 22, 2010 Board Meeting to be approved
Board Decision: APPROVED. Chairman Hochberg, Director Kian and
Director Farrell all approved the minutes.

ITEM NO 5
Country INDIA AP084664XX
Request for FINAL COMMITMENT

Applicant HSBC BANK PLC, LONDON, ENGLAND E14 5HQ UNITED KINGDOM
Borrower GAIL (INDIA) LIMITED, NEW DELHI 110066 INDIA
Guarantor NONE
Buyer GAIL (INDIA) LIMITED, NEW DELHI 110066 INDIA
End-user GAIL (INDIA) LIMITED, NEW DELHI 110066 INDIA
Exporter ROLLS-ROYCE ENERGY SYSTEMS, MOUNT VERNON OH
Supplier DETECTOR ELECTRONICS CORPORATION, MINNEAPOLIS MN
Supplier VARIOUS - UNITED STATES SUPPLIERS, UNKNOWN DC
Supplier ROLLS-ROYCE ENERGY SYSTEMS, MOUNT VERNON OH
Gteed Lender FINANCIAL INSTITUTION ACCEPTABLE TO EIB
Cofin ECA EXPORT CREDITS GUARANTEE DEPT. (ECGD), LONDON UNITED KINGDOM
Cofin ECA EXPORT DEVELOPMENT CORPORATION (EDC), OTTAWA CANADA

Project Name NONE
Project Description NATURAL GAS PIPELINE PROJECT
Product Description TURBINE TURBINES, COMPRESSORS,TECH SVCS
Financed Amount $ 74,332,207
Repayment Term 10 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
JANUARY 13, 2011

ITEM NO 6 United Kingdom - AP084271XX (Amendment)
Foreign Buyer: Avanti Communications Group
Products: Satellite/Integration
Request for approval to enter into amendments to the Credit Agreement
and to provide consents and waivers to permit Avanti to relocate its
HYLAS 2 business from the United Kingdom to Cyprus.
Board Decision: APPROVED. Chairman Hochberg, Director Kian and
Director Farrell all voted in favor of the amendment.

ITEM NO 7
Country INDIA AP084571XX
Request for FINAL COMMITMENT

Applicant DALMIA SOLAR POWER LTD., NEW DELHI INDIA
Borrower DALMIA SOLAR POWER LTD., NEW DELHI INDIA
Guarantor NONE
Buyer DALMIA SOLAR POWER LTD., NEW DELHI INDIA
End-user DALMIA SOLAR POWER LTD., NEW DELHI INDIA
Exporter INFINIA CORPORATION, KENNEWICK WA
Supplier INFINIA CORPORATION, KENNEWICK WA
Gteed Lender FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN ZZ

Project Name SHRI RANGAM
Project Description 10MW SOLAR POWER PROJECT
Product Description ELECTRONIC COMPONENTS
Financed Amount $ 30,000,000
Repayment Term 15 YEARS

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

ITEM NO 8 WITHDRAWN

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
JANUARY 13, 2011

ITEM NO 9
Country AZERBAIJAN AP085665XX
Request for FINAL COMMITMENT

Applicant BNP-PARIBAS, NEW YORK NY
Borrower INTERNATIONAL RELATIONS/ACCOUNTING CENTR, BAKU AZERBAIJAN
Guarantor MINST OF FINANCE, BAKU 370661 AZERBAIJAN
Buyer INTERNATIONAL RELATIONS/ACCOUNTING CENTR, BAKU AZERBAIJAN
End-user INTERNATIONAL RELATIONS/ACCOUNTING CENTR, BAKU AZERBAIJAN
Exporter ORBITAL SCIENCES CORPORATION, DULLES VA
Supplier HONEYWELL INTERNATIONAL INC, GLENDALE AZ
Supplier MOOG INC, CHATSWORTH CA
Supplier ADDITIONAL SUPPLIERS
Gteed Lender BNP-PARIBAS, NEW YORK NY

Project Name NONE
Project Description AZERSPACE/AFRICASAT-1A 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 10 Country Review
Board Decision: APPROVED as amended, changes to the Country Limitation Schedule(CLS) to be effective January 20, 2011. Chairman Hochberg,
Director Kian and Director Farrell all voted in favor of changes.