CHIEF EXECUTIVES OF BOEING, DEERE TO DISCUSS FAST-CHANGING DEVELOPING WORLD MARKETS AT EX-IM BANK ANNUAL CONFERENCE

CEO Panel To Meet at 2-3 p.m. on April 5, 2001
FOR IMMEDIATE RELEASE March 29, 2001
Media Contact Name/Phone
Marianna Ohe (202) 565-3200

Philip M. Condit, chairman and CEO of The Boeing Company, Robert W. Lane, chairman and CEO of Deere & Company, and Export-Import Bank of the United States (Ex-Im Bank) Chairman James A. Harmon will explore Global Market Trends in the 21st Century on a CEO Panel April 5, 2001, the second day of the Ex-Im Bank Annual Conference. The panel will be held at 2 p.m. in the Cotillion Ballroom of the Marriott Wardman Park Hotel, Washington, D.C.

Condit, Lane and Harmon will discuss the role that developing world markets will play in the future of U.S. companies, and the role that Ex-Im Bank and other export credit agencies (ECAs) play in supporting global trade.

The emerging markets are where the growth lies for U.S. exporters. Ex-Im Bank and its customers need to continually reassess how Ex-Im Bank can help U.S. businesses compete in the changing global trade environment, said Harmon.

Condit was elected the seventh chairman in Boeing's 82-year history in 1997. Under his leadership Boeing has grown to be the world's largest aerospace company. Boeing also is the largest exporter in the United States with revenues of more than $51 billion in 2000.

Lane was elected Deere's chief executive officer in May 2000 and chairman of the board in August, 2000. Before that he served as president and chief operating officer. He also has led Deere's worldwide agricultural equipment division and served as chief financial officer. Deere is the world's premier producer of agricultural equipment and a leading manufacturer of construction, forestry, commercial and consumer equipment.

Ex-Im Bank is an independent U.S. government agency that helps finance the export of U.S. goods and services to emerging markets throughout the world by providing loans, loan guarantees, and export credit insurance. During fiscal year 2000, Ex-Im Bank supported $15.5 billion in U.S. exports.