Summary of the Meeting of the Board of Directors

June 14, 2012 December 31, 1969

Completed

Agenda

I. NON-CLASSIFIED ITEMS:


OPEN: NONE


CLOSED:


STRUCTURED FINANCE DIVISION

1. COUNTRY: AUSTRALIA - AP086539XX

FOREIGN BUYER: Jabiru Satellite Ltd

PRODUCTS: Commercial Satellite


TRANSPORTATION DIVISION

2. COUNTRY: BRAZIL - AP086822XX

FOREIGN BUYER: SPV/Lider Aircraft Leasing

END-USER: Lider Taxi Aereo, S.A.

PRODUCTS: Helicopters


PROJECT & CORPORATE PORTFOLIO MANAGEMENT

3. COUNTRY: SAUDI ARABIA - AP083340XX (Amendment)

BORROWER: Saudi Electricity Company

PRODUCTS: GE Turbines


II. CLASSIFIED ITEMS: NONE

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,June 14, 2012, 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.

Lisa V. Terry

Assistant General Counsel

Date Posted
Summary of Minutes

Country AUSTRALIA AP086539XX
Request for FINAL COMMITMENT

Applicant NEWSAT LTD, SOUTHBANK, VICTORIA 3006 AUSTRALIA
Borrower JABIRU SATELLITE LTD., SOUTHBANK, VICTORIA, 3006 AUSTRALIA
Guarantor NEWSAT LTD, SOUTHBANK, VICTORIA 3006 AUSTRALIA
Buyer JABIRU SATELLITE LTD., SOUTHBANK, VICTORIA, 3006 AUSTRALIA
End-user JABIRU SATELLITE LTD., SOUTHBANK, VICTORIA, 3006 AUSTRALIA
Exporter LOCKHEED MARTIN CORPORATION, SUNNYVALE, CA
Supplier LOCKHEED MARTIN CORPORATION, SUNNYVALE, CA
Gteed Lndr NONE

Project Name JABIRU-1
Project Description COMMERCIAL SATELLITE
Product Description JABIRU-1 COMMERCIAL SATELLITE

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


ITEM NO 2
Country BRAZIL AP086822XX
Request for FINAL COMMITMENT

Applicant LIDER TAXI AEREO SA, BELO HORIZONTE, MG BRAZIL
Borrower SPV/LIDER AIRCRAFT LEASING B.V., NETHERLANDS NETHERLANDS
Buyer SPV/LIDER AIRCRAFT LEASING B.V., NETHERLANDS NETHERLANDS
End-user LIDER TAXI AEREO SA, BELO HORIZONTE, MG BRAZIL
Exporter SIKORSKY AIRCRAFT CORPORATION, STRATFORD CT
Supplier SIKORSKY AIRCRAFT CORPORATION, STRATFORD CT
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Gteed Lndr PRIVATE EXPORT FUNDING CORP, NEW YORK NY
Lessor SPV/LIDER AIRCRAFT LEASING B.V., NETHERLANDS NETHERLANDS
Lessee LIDER AIRCRAFT LEASING B.V., NETHERLANDS NETHERLANDS

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

Board Decision: APPROVED. Chairman Hochberg, Director Mulvaney, Director Loui and Director Walther all voted in favor of the transaction.


ITEM NO 3
COUNTRY: SAUDI ARABIA - AP083340XX
Request for Amendment
FOREIGN BUYER: Saudi Electricity Company
PRODUCTS: GE Turbines

Board Decision: APPROVED. Chairman Hochberg, Director Mulvaney,
Director Loui and Director Walther all voted in favor of the amendment.