Summary of the Meeting of the Board of Directors

Date Scheduled

Completed

Certification for Closure of Meeting

I, Lisa V. Terry, Assistant General Counsel for Administration (Acting), hereby certify that in my opinion the Meeting of the Board of Directors scheduled for 9:30 AM on Thursday, August 25, 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 MEETING OF BOARD OF DIRECTORS

AUGUST 25, 2011





ITEM NO 1
Country AUSTRALIA AP086259XX
Request for FINAL COMMITMENT

Applicant VIRGIN BLUE AIRLINES PTY LIMITED, BOWENS HILLS, QUEENSLAND AUSTRALIA
Borrower SPV/VIRGIN BLUE AIRLINES PTY LIMITED, BOWEN HILLS, QUEENSLAND AUSTRALIA
Buyer SPV/VIRGIN BLUE AIRLINES PTY LIMITED, BOWEN HILLS, QUEENSLAND AUSTRALIA
End-user VIRGIN BLUE AIRLINES PTY LIMITED, BOWENS HILLS, QUEENSLAND AUSTRALIA
Exporter BOEING COMPANY, THE, RENTON WA
Supplier CFM INTERNATIONAL INC, CINCINNATI OH
Supplier BOEING COMPANY, THE, RENTON WA
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Gteed Lender ING CAPITAL LLC, NEW YORK NY
Lessor SPV/VIRGIN BLUE AIRLINES PTY LIMITED, BOWEN HILLS, QUEENSLAND AUSTRALIA
Lessee VIRGIN BLUE AIRLINES PTY LIMITED, BOWENS HILLS, QUEENSLAND AUSTRALIA

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Repayment Term 12 YEARS

Board Decision: APPROVED. Chairman Hochberg, Vice Chair Felton and Director Mulvaney
all voted in favor of the Transaction.

ITEM NO 2
Working Capital Guarantee No. AP086403XX
Request for FINAL COMMITMENT

Applicant CITIBANK N.A., NEW YORK, NY
Lender CITIBANK N.A., NEW YORK, NY
Obligor BOEING COMPANY, THE, CHICAGO, IL
Product: AIRCRAFT

Board Decision: REFER TO U.S. CONGRESS. Chairman Hochberg, Vice Chair Felton and Director Mulvaney all voted in favor of the referral.

ITEM NO 3
Country MEXICO AP086093XX
Request for FINAL COMMITMENT

Applicant PETROLEOS MEXICANOS, CIUDAD DE MEXICO, DISTRICT FEDERAL MEXICO
Borrower PETROLEOS MEXICANOS, CIUDAD DE MEXICO, DISTRICT FEDERAL MEXICO
Guarantor PEMEX EXPLORACION Y PRODUCCION, VILLAHERMOSA, TABASCO 8 MEXICO
Guarantor PEMEX REFINACION S.A. DE C.V., MEXICO, DF MEXICO
Guarantor PEMEX GAS Y PETROQUIMICA BASICA, MEXICO D.F., 11311 MEXICO
Buyer PEMEX EXPLORACION Y PRODUCCION, VILLAHERMOSA, TABASCO 86030 MEXICO
End-user PEMEX EXPLORACION Y PRODUCCION, VILLAHERMOSA, TABASCO 86030 MEXICO
Exporter NABORS INDUSTRIES INC, HOUSTON TX
Exporter DIAMOND OFFSHORE DRILLING INC, HOUSTON TX
Supplier VARIOUS -UNITED STATES SUPPLIERS, UNKNOWN DC
Supplier DIAMOND OFFSHORE DRILLING INC, HOUSTON TX
Gteed Lender JPMORGAN CHASE BANK, NEW YORK NY

Project Name CANTARELL
Project Description OIL & GAS FIELD DEVELOPMENT
Product Description OIL & GAS FIELD GOODS & SERVICES

Board Decision: REFER TO U.S. CONGRESS Chairman Hochberg, Vice Chair Felton, and Director Mulvaney all voted in favor of the referral.

ITEM NO 4
Country MEXICO AP086094XX
Request for FINAL COMMITMENT

Applicant PETROLEOS MEXICANOS, CIUDAD DE MEXICO, DISTRICT FEDERAL MEXICO
Borrower PETROLEOS MEXICANOS, CIUDAD DE MEXICO, DISTRICT FEDERAL MEXICO
Guarantor PEMEX EXPLORACION Y PRODUCCION, VILLAHERMOSA, TABASCO 8 MEXICO
Guarantor PEMEX REFINACION S.A. DE C.V., MEXICO, DF MEXICO
Guarantor PEMEX GAS Y PETROQUIMICA BASICA, MEXICO D.F., 11311 MEXICO
Buyer PEMEX EXPLORACION Y PRODUCCION, VILLAHERMOSA, TABASCO 86030 MEXICO
End-user PEMEX EXPLORACION Y PRODUCCION, VILLAHERMOSA, TABASCO 86030 MEXICO
Exporter ENSCO INCORPORATED, DALLAS TX
Supplier VARIOUS - UNITED STATES SUPPLIERS, UNKNOWN DC
Supplier ENSCO INCORPORATED, DALLAS TX
Gteed Lender SOCIETE GENERALE, NEW YORK NY

Project Name PEG
Project Description OIL & GAS FIELD DEVELOPMENT
Product Description OIL & GAS FIELD GOODS & SERVICES

Board Decision: REFER TO U.S. CONGRESS Chairman Hochberg, Vice Chair Felton, and Director Mulvaney all voted in favor of the referral.

ITEM NO 5
Country MEXICO AP086095XX
Request for FINAL COMMITMENT

Applicant PETROLEOS MEXICANOS, CIUDAD DE MEXICO, DISTRICT FEDERAL MEXICO
Borrower PETROLEOS MEXICANOS, CIUDAD DE MEXICO, DISTRICT FEDERAL MEXICO
Guarantor PEMEX EXPLORACION Y PRODUCCION, VILLAHERMOSA, TABASCO 8 MEXICO
Guarantor PEMEX REFINACION S.A. DE C.V., MEXICO, DF MEXICO
Guarantor PEMEX GAS Y PETROQUIMICA BASICA, MEXICO D.F., 11311 MEXICO
Buyer PEMEX EXPLORACION Y PRODUCCION, VILLAHERMOSA, TABASCO 86030 MEXICO
End-user PEMEX EXPLORACION Y PRODUCCION, VILLAHERMOSA, TABASCO 86030 MEXICO
Exporter IPS INTERNATIONAL, SUGAR LAND TX
Supplier VARIOUS - UNITED STATES SUPPLIERS, UNKNOWN DC
Supplier IPS INTERNATIONAL, SUGAR LAND TX
Gteed Lender BANK OF AMERICA NA, CONCORD CA

Project Name SBF
Project Description OIL & GAS FIELD DEVELOPMENT
Product Description OIL & GAS FIELD GOODS & SERVICES

Board Decision: REFER TO U.S. CONGRESS Chairman Hochberg, Vice Chair Felton, and Director Mulvaney all voted in favor of the referral.

ITEM NO 6
Country MEXICO AP086096XX
Request for FINAL COMMITMENT

Applicant PETROLEOS MEXICANOS, CIUDAD DE MEXICO, DISTRICT FEDERAL MEXICO
Borrower PETROLEOS MEXICANOS, CIUDAD DE MEXICO, DISTRICT FEDERAL MEXICO
Guarantor PEMEX EXPLORACION Y PRODUCCION, VILLAHERMOSA, TABASCO 8 MEXICO
Guarantor PEMEX REFINACION S.A. DE C.V., MEXICO, DF MEXICO
Guarantor PEMEX GAS Y PETROQUIMICA BASICA, MEXICO D.F., 11311 MEXICO
Buyer PEMEX EXPLORACION Y PRODUCCION, VILLAHERMOSA, TABASCO 86030 MEXICO
End-user PEMEX EXPLORACION Y PRODUCCION, VILLAHERMOSA, TABASCO 86030 MEXICO
Exporter NOBLE DRILLING CORPORATION, SUGAR LAND TX
Exporter BERRY CONTRACTING LP, CORPUS CHRISTI TX
Exporter ADDITIONAL EXPORTERS
Supplier VARIOUS - UNITED STATES SUPPLIERS, UNKNOWN DC
Supplier BERRY CONTRACTING LP, CORPUS CHRISTI TX
Supplier ADDITIONAL SUPPLIERS
Gteed Lender JPMORGAN CHASE BANK, NEW YORK NY

Project Name NEW PROJECTS OF PEP
Project Description OIL & GAS FIELD DEVELOPMENT
Product Description OIL & GAS FIELD GOODS & SERVICES

Board Decision: REFER TO U.S. CONGRESS Chairman Hochberg, Vice Chair Felton, and Director Mulvaney all voted in favor of the referral.

ITEM NO 7
Country MEXICO AP086394XX
Request for FINAL COMMITMENT

Applicant PETROLEOS MEXICANOS, CIUDAD DE MEXICO, DISTRICT FEDERAL MEXICO
Borrower PETROLEOS MEXICANOS, CIUDAD DE MEXICO, DISTRICT FEDERAL MEXICO
Guarantor PEMEX EXPLORACION Y PRODUCCION, VILLAHERMOSA, TABASCO 8 MEXICO
Guarantor PEMEX REFINACION S.A. DE C.V., MEXICO, DF MEXICO
Guarantor PEMEX GAS Y PETROQUIMICA BASICA, MEXICO D.F., 11311 MEXICO
Buyer PEMEX EXPLORACION Y PRODUCCION, VILLAHERMOSA, TABASCO 86030 MEXICO
End-user PEMEX EXPLORACION Y PRODUCCION, VILLAHERMOSA, TABASCO 86030 MEXICO
Exporter NOBLE DRILLING CORPORATION, SUGAR LAND TX
Supplier VARIOUS - UNITED STATES SUPPLIERS, UNKNOWN DC
Supplier NOBLE DRILLING COPRORATION, SUGAR LAND TX
Gteed Lender BNP-PARIBAS, NEW YORK NY

Project Name NEW PROJECTS OF PEP
Project Description OIL & GAS FIELD DEVELOPMENT
Product Description OIL & GAS FIELD GOODS & SERVICES

Board Decision: REFER TO U.S. CONGRESS Chairman Hochberg, Vice Chair Felton, and Director Mulvaney all voted in favor of the referral.

ITEM NO 8
Country MEXICO AP086412XX
Request for FINAL COMMITMENT

Applicant PETROLEOS MEXICANOS, CIUDAD DE MEXICO, DISTRICT FEDERAL MEXICO
Borrower PETROLEOS MEXICANOS, CIUDAD DE MEXICO, DISTRICT FEDERAL MEXICO
Guarantor PEMEX EXPLORACION Y PRODUCCION, VILLAHERMOSA, TABASCO 8 MEXICO
Guarantor PEMEX REFINACION S.A. DE