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Summary/Agenda of the Meeting of the Board of Directors

Thursday, September 20, 2012
 
Completed

I.NON-CLASSIFIED ITEMS:

OPEN: NONE

CLOSED:

1.Minutes of August 22, 2012 Board Meeting to be approved
2.Minutes of August 30, 2012 Board Meeting to be approved

EXPORT FINANCE GROUP

3.PEFCO Secured Notes Resolutions for FY2013 (Limited Distribution)

4.Extension and Expansion of PEFCO 1971 Guarantee Eligibility
for Long Term Floating Credits -Revised (Limited Distribution)

TRANSPORATION DIVISION

5A.COUNTRY:UNITED STATES - AP087328XX
FOREIGN BUYER:SPC/International Lease Finance Corporation
END-USER: Emirates Airline
PRODUCTS:Aircraft

5B.COUNTRY:UNITED STATES - AP087328XA
FOREIGN BUYER:SPC/International Lease Finance Corporation
END-USER: Emirates Airline
PRODUCTS:Aircraft

6.COUNTRY:POLAND - AP087110XX
FOREIGN BUYER:SPV/LOT Polish Airlines
END-USER: LOT Polish Airlines
PRODUCTS:Aircraft

7A.COUNTRY:MEXICO -FIBC 538571
FOREIGN BUYER:Industrializadora de Mantecas, S.A. de C.V
FOREIGN BUYER:Industrializadora de Oleofinos, S.A. de C.V
FOREIGN BUYER:Industrial de Oleaginosas, S.A. de C.V
PRODUCTS:Bulk Agricultural Products

7B.COUNTRY:MEXICO - FIBC 540344
FOREIGN BUYER:Industrializadora de Mantecas, S.A. de C.V
FOREIGN BUYER:Industrializadora de Oleofinos, S.A. de C.V
FOREIGN BUYER:Industrial de Oleaginosas, S.A. de C.V
PRODUCTS:Bulk Agricultural Products

II.CLASSIFIED ITEMS: NONE

CERTIFICATION FOR CLOSURE OF MEETING

I, Lisa V. Terry, Assistant General Counsel for Administration, hereby certify that in
my opinion the Meeting of the Board of Directors scheduled for 9:30 AM on Thursday,
September 20, 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. TerryAssistant General Counsel

Date Posted: Monday, September 17, 2012

EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS

SEPTEMBER 20, 2012

ITEM NO 1 Minutes of August 22, 2012 Board Meeting to be approved.

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

ITEM NO 2 Minutes of August 30, 2012 Board Meeting to be approved.

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

ITEM NO 3 PEFCO Secured Notes Resolution for FY 2013.

Board Decision: ADOPTED. Chairman Hochberg, Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther all voted in favor of the Resolution.

ITEM NO 4 Extension and Expansion of Private Export Financing Corporation 1971 Guarantee

Eligibility for Long Term Floating Credits

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

ITEM NO 5A

Country UNITED STATES AP087328XX

Request for FINAL COMMITMENT

Applicant INTERNATIONAL LEASE FINANCE CORPORATION, LOS ANGELES CA

Borrower SPC/INTERNATIONAL LEASE FINANCE CORP., LOS ANGELES CA

Buyer SPC/INTERNATIONAL LEASE FINANCE CORP., LOS ANGELES CA

End-user EMIRATES AIRLINE, DUBAI U ARAB EMIRATES

Exporter BOEING COMPANY, THE, EVERETT WA

Supplier BOEING COMPANY, THE, EVERETT WA

Supplier GENERAL ELECTRIC COMPANY, CINCINNATI OH

Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC

Gteed Lndr JP MORGAN CHASE BANK, NEW YORK NY

Lessor SPC/INTERNATIONAL LEASE FINANCE CORP., LOS ANGELES CA

Lessee INTERNATIONAL LEASE FINANCE CORPORATION, LOS ANGELES CA

Cofin ECA NIPPON EXPORT & INVESTMENT INSURANCE (NEXI),CHIYODA-KU TOKYO 101-0065 JAPAN

Project Name NONE

Project Description AIR TRANSPORTATION

Product Description AIRCRAFT

Board Decision: Refer To U.S. Congress and Public Notice. Chairman Hochberg, Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther all voted in favor of the referral.

ITEM NO 5B

Country UNITED STATES AP087328XA

Request for FINAL COMMITMENT

Applicant INTERNATIONAL LEASE FINANCE CORPORATION, LOS ANGELES CA

Borrower SPC/INTERNATIONAL LEASE FINANCE CORP., LOS ANGELES CA

Buyer SPC/INTERNATIONAL LEASE FINANCE CORP., LOS ANGELES CA

End-user EMIRATES AIRLINE, DUBAI U ARAB EMIRATES

Exporter BOEING COMPANY, THE, EVERETT WA

Supplier BOEING COMPANY, THE, EVERETT WA

Supplier GENERAL ELECTRIC COMPANY, CINCINNATI OH

Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC

Gteed Lndr JP MORGAN CHASE BANK, NEW YORK NY

Lessor SPC/INTERNATIONAL LEASE FINANCE CORP., LOS ANGELES CA

Lessee INTERNATIONAL LEASE FINANCE CORPORATION, LOS ANGELES CA

Cofin ECA NIPPON EXPORT & INVESTMENT INSURANCE (NEXI),CHIYODA-KU TOKYO 101-0065 JAPAN

Project Name NONE

Project Description AIR TRANSPORTATION

Product Description AIRCRAFT

Board Decision: Refer To U.S. Congress and Public Notice. Chairman Hochberg, Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther all voted in favor of the referral.

ITEM NO 6

Country POLAND AP087110XX

Request for FINAL COMMITMENT

Applicant LOT POLISH AIRLINES, WARSAW 00-906 POLAND

Borrower SPV/LOT POLISH AIRLINES, WARSAW POLAND

Buyer SPV/LOT POLISH AIRLINES, WARSAW POLAND

End-user LOT POLISH AIRLINES, WARSAW 00-906 POLAND

Exporter BOEING COMPANY, THE, EVERETT WA

Supplier BOEING COMPANY, THE, EVERETT WA

Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC

Gteed Lndr APPLE BANK FOR SAVINGS, NEW YORK NY

Lessor SPV/LOT POLISH AIRLINES, WARSAW POLAND

Lessee LOT POLISH AIRLINES, WARSAW 00-906 POLAND

Cofin ECA NIPPON EXPORT & INVESTMENT INSURANCE (NEXI),CHIYODA-KU TOKYO 101-0065 JAPAN

Project Name NONE

Project Description AIR TRANSPORTATION

Product Description AIRCRAFT

Board Decision: Refer To U.S. Congress and Public Notice. Chairman Hochberg, Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther all voted in favor of the referral.

Item No. 7A

COUNTRY MEXICO FIBC-583571

REQUEST FOR Financial Institution Buyer Credit Policy - Comprehensive/ST,

Insureds: Inter Banco S.A. Institucin de Banca M?ltiple, Hidalgo, Mexico

Buyers/Obligors: Industrializadora de Mantecas, S.A. de C.V, Guadalajara, Jalisco, Mexico

Industrializadora de Oleofinos, S.A. de C.V Zapopan, Jalisco, Mexico

Industrial de Oleaginosas, S.A de C.V. , Guadalajara, Jalisco, Mexico

Guarantors: Industrializadora de Mantecas, S.A. de C.V, Guadalajara, Jalisco, Mexico

Industrializadora de Oleofinos, S.A. de C.V Zapopan, Jalisco, Mexico

Industrial de Oleaginosas, S.A de C.V. , Guadalajara, Jalisco, Mexico

Exporters: Archer Daniels Midland Co. Decatur, IL

BJB, LLC., Hutchinson, MN

Gavilon, LLC of Omaha, NE,

Pasternak, Baum & Co., Harrison, NY

Broker: Heffernan Insurance Brokers, Portland, OR

Products/Use: Bulk Agricultural Products (tallow, soybean, canola oil)

Ex-m Bank Liability (Millions): $5 - $20

Board Decision: APPROVED. Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther

all voted in favor of the transaction. Chairman Hochberg recused himself.

Item No. 7B

COUNTRY MEXICO FIBC-540366

REQUEST FOR Financial Institution Buyer Credit Policy - Comprehensive/ST,

Insureds: Banco Monex S.A. Instituci?n de Banca M?ltiple, Mexico D.F., Mexico

Buyers/Obligors: Industrializadora de Mantecas, S.A. de C.V, Guadalajara, Jalisco, Mexico

Industrializadora de Oleofinos, S.A. de C.V Zapopan, Jalisco, Mexico

Industrial de Oleaginosas, S.A de C.V. , Guadalajara, Jalisco, Mexico

Guarantors: Industrializadora de Mantecas, S.A. de C.V, Guadalajara, Jalisco, Mexico

Industrializadora de Oleofinos, S.A. de C.V Zapopan, Jalisco, Mexico

Industrial de Oleaginosas, S.A de C.V. , Guadalajara, Jalisco, Mexico

Exporters: Darling International, Inc. Irving, TX

Broker: Heffernan Insurance Brokers, Portland, OR

Products/Use: Bulk Agricultural Products (tallow, soybean, canola oil)

Ex-m Bank Liability (Millions): $5 - $20

Board Decision: APPROVED. Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther

all voted in favor of the transaction. Chairman Hochberg recused himself.