EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
FEBRUARY 7, 2003

ITEM NO 1 Minutes of November 26, 2002 Board Meeting to be approved.
Board Decision:  HELD
ITEM NO 2 Minutes of January 16, 2003 Board Meeting to be approved.
Board Decision:  APPROVED
ITEM NO 3
Country HONG KONG                              AP078877XX
Request for FINAL COMMITMENT
Applicant      ABN AMRO BANK N.V., CHICAGO IL
Borrower       BFKT (THAILAND) COMPANY LTD., BANGKOK, CHATUCHAK 10900 THAILAND
Guarantor      HUTCHISON WHAMPOA LTD, CENTRAL DISTRICT, HONG KONG 1003 HONG KONG
Buyer          BFKT (THAILAND) COMPANY LTD., BANGKOK, CHATUCHAK 10900 THAILAND
End-user       BFKT (THAILAND) COMPANY LTD., BANGKOK, CHATUCHAK 10900 THAILAND
Exporter       MOTOROLA CELLULAR SERVICE INC, ARLINGTON HEIGHTS IL
Supplier       MOTOROLA CELLULAR SERVICE INC, ARLINGTON HEIGHTS IL
Supplier       NORTEL NETWORKS INC, RICHARDSON TX
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   LEASE PLAN NORTH AMERICA, INC., CHICAGO IL
Project Name BFKT CDMA 1X
Project Description CELLULAR TELEPHONE SERVICE
Product Description BASE STATIONS, CONTROLLERS & SWITCHING
Financed Amount USD   35,004,819
Repayment Term  7 YEARS
Board Decision APPROVED                   
ITEM NO 4
Country PERU                                   AP078908XX
Request for FINAL COMMITMENT
Applicant      BANCO SANTANDER CENTRAL HISPANO, NEW YORK NY
Borrower       PETRO-TECH PERUANA SA, LIMA 27 PR PERU
Guarantor      NONE
Buyer          PETRO-TECH PERUANA SA, LIMA 27 PR PERU
End-user       PETRO-TECH PERUANA SA, LIMA 27 PR PERU
Exporter       WESTFIELD ENGINEERING & SVCS, HOUSTON TX
Supplier       WESTFIELD ENGINEERING & SVCS, HOUSTON TX
Supplier       U S F WORLDWIDE, HUMBLE TX
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   BANCO SANTANDER CENTRAL HISPANO, NEW YORK NY
Project Description CRYOGENIC GAS LIQUEFACTION PLANT
Product Description ENGINEERING & REFURBISHING
Financed Amount USD   18,089,932
Repayment Term  5 YEARS
Board Decision APPROVED