Summary of the Meeting of the Board of Directors

January 20, 2011 December 31, 1969

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 20, 2011, 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
Summary of Minutes

EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF THE MEETING OF BOARD OF DIRECTORS

JANUARY 20, 2011




ITEM NO 1
Country TURKEY AP085639XX
Request for FINAL COMMITMENT

Applicant PEGASUS HAVA TASIMACILIGI A.S., ISTANBUL 34660 TURKEY
Borrower SPV/PEGASUS AIRLINES, ISTANBUL, 34660 TURKEY
Buyer SPV/PEGASUS AIRLINES, ISTANBUL, 34660 TURKEY
End-user PEGASUS HAVA TASIMACILIGI A.S., ISTANBUL 34660 TURKEY
Exporter BOEING COMPANY, THE, RENTON WA
Supplier CFM INTERNATIONAL INC, CINCINNATI OH
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
SupplierBOEING COMPANY, THE, RENTON WA
Gteed Lender JP MORGAN CHASE BANK, NEW YORK NY
Lessor SPV/PEGASUS AIRLINES, ISTANBUL, 34660 TURKEY
Lessee PEGASUS HAVA TASIMACILIGI A.S., ISTANBUL 34660 TURKEY

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT

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


ITEM NO 2
Country: NIGERIA POLICY NO. ESC-252288
Request: RENEWAL OF SPECIAL BUYER CREDIT LIMIT
Insured: ABRO INDUSTRIES, INC., SOUTH BEND, IN
Buyer: COSCHARIS MOTORS LIMITED, LAGOS, NIGERIA
Borrower: COSCHARIS MOTORS LIMITED, LAGOS, NIGERIA
Guarantor: NONE
Exporter: ABRO INDUSTRIES, INC., SOUTH BEND, IN
Supplier: ABRO INDUSTRIES, INC., SOUTH BEND, IN
Insurance Broker: TRADE ACCEPTANCE GROUP (TAG), EDINA, MN
Product Description: NEW ABRO BRANDED AUTOMOTIVE MAINTENANCE PRODUCTS, INDUSTRIAL
SUPPLY PRODUCTS AND FIRE SAFETY PRODUCTS.
Ex-Im Bank Liability (Millions): $5-$20

Board Decision: Approved. Chairman Hochberg, Director Kian and Director Farrell
all approved the transaction.


EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF THE MEETING OF BOARD OF DIRECTORS
JANUARY 20, 2011


ITEM NO 3
Country: ROMANIA AP077758XX (Extension)
Borrower: Ministry of Environment and Forests
Products: Meteorological Equipment and Related Services

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