Summary of the Meeting of the Board of Directors

March 3, 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 9:30 AM on Thursday, March 3, 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

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
MARCH 3, 2011


ITEM NO 1
Policy No.: FB-495358
Country: Mexico Coverage Type/Term: Comprehensive/ST
Request For: 12-Month Policy
Policy Type: Financial Institution Buyer Credit

Insured: ESPIRITO SANTO BANK, MIAMI, FL
Buyer/Obligor: INDUSTRIALIZADORA DE PRODUCTOS AGRICOLAS DE LA CUENCA DEL
PAPALOAPAN, S.A. DE C.V., LA GRANJA, VERACRUZ, MEXICO
End-User: INDUSTRIALIZADORA DE PRODUCTOS AGRICOLAS DE LA CUENCA DEL
PAPALOAPAN, S.A. DE C.V., LA GRANJA, VERACRUZ, MEXICO
Guarantor: INVERSORA INDUSTRIAL AGROPECUARIA, S.A. DE C.V.,
LA GRANJA, VERACRUZ, MEXICO
EXPORTERS: TRC TRADE CORPORATION, ROSEVILLE, CA
SUPPLIER: TRC TRADE CORPORATION, ROSEVILLE, CA
Broker: EXPORT INSURANCE AGENCY, WALPOLE, MA
Product/Use:RICE, BEANS, SEEDS & GRAINS/INVENTORY
EX-IM Bank Liability (Millions): $5 - $20

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


ITEM NO 2
Country INDIA AP085740XX
Request for FINAL COMMITMENT

Applicant ACME SOLAR TECHNOLOGIES (GUJARAT) PVT, GURGAON INDIA
Borrower ACME SOLAR TECHNOLOGIES (GUJARAT) PVT, GURGAON INDIA
Guarantor NONE
Buyer ACME SOLAR TECHNOLOGIES (GUJARAT) PVT, GURGAON INDIA
End-user ACME SOLAR TECHNOLOGIES (GUJARAT) PVT, GURGAON INDIA
Exporter FIRST SOLAR ELECTRIC, LLC, TEMPE AZ
Supplier FIRST SOLAR LLC, PERRYSBURG OH
Gteed Lender PNC Bank N.A., Pittsburgh PA

Project Name ACME SOLAR (GUJARAT)
Project Description 15 MW SOLAR PHOTOVOLTAIC POWER PLANT
Product Description SOLAR PHOTOVOLTAIC MODULES
Financed Amount $ 18,956,898
Repayment Term 12 YEARS

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