Summary of the Meeting of the Board of Directors

May 12, 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 2:00 PM on Thursday, May 12, 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

MAY 12, 2011


ITEM NO 1
Country NETHERLANDS AP085838XX
Request for FINAL COMMITMENT

Applicant TRANSAVIA AIRLINES CV, LUCHTH SCHIPHOL, NOORD-HOLL NETHERLANDS
Borrower SPV/TRANSAVIA.COM AIRLINES, NETHERLANDS NETHERLANDS
Buyer SPV/TRANSAVIA.COM AIRLINES, NETHERLANDS NETHERLANDS
End-user TRANSAVIA AIRLINES CV, LUCHTH SCHIPHOL, NOORD-HOLL NETHERLANDS
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 TORONTO-DOMINION BANK, THE, TORONTO, ONTARIO M5K 1A2 CANADA
Lessor SPV/TRANSAVIA.COM AIRLINES, NETHERLANDS NETHERLANDS
Lessee TRANSAVIA AIRLINES CV, LUCHTH SCHIPHOL, NOORD-HOLL NETHERLANDS

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

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