Summary of the Meeting of the Board of Directors

March 13, 2014 December 31, 1969

Completed

Agenda
I. OPEN: NONE
II. CLOSED:
1. Minutes of February 20, 2014 Board Meeting to be approved
TRANSPORATION DIVISION
2A.COUNTRY: KENYA AP088412XX
FOREIGN BUYER: SPV/Kenya Airways, Ltd.
END-USER: Kenya Airways, Ltd.
PRODUCTS: Aircraft
2B.COUNTRY: KENYA AP088412XA
FOREIGN BUYER: SPV/Kenya Airways, Ltd.
END-USER: Kenya Airways, Ltd.
PRODUCTS: Aircraft
2C.COUNTRY: KENYA AP088412XB
FOREIGN BUYER: SPV/Kenya Airways, Ltd.
END-USER: Kenya Airways, Ltd.
PRODUCTS: Aircraft
2D.COUNTRY: KENYA PC088413XX
FOREIGN BUYER: SPV/Kenya Airways, Ltd.
END-USER: Kenya Airways, Ltd.
PRODUCTS: Aircraft
Certification for Closure of Meeting
I, Andrea Q.
Bernardo, 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,March 13, 2014, 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.

Andrea
Q. Bernardo
Assistant
General Counsel
Date Posted
Summary of Minutes

ITEM NO 1Minutes of February 20, 2014, Board Meeting for consideration and approval.
Board Decision: MINUTES APPROVED. Chairman Hochberg, Director Mulvaney and Director Loui all voted in favor of the minutes.

ITEM NO 2A
Country KENYA AP088412XX
Request for FINAL COMMITMENT
ApplicantKENYA AIRWAYS LTD, Nairobi
Borrower SPV/KENYA AIRWAYS LTD, Nairobi
Buyer SPV/KENYA AIRWAYS LTD, Nairobi
End-user KENYA AIRWAYS LTD, Nairobi
Exporter BOEING COMPANY, THE, Everett WA
Supplier BOEING COMPANY, THE, Everett WA
Supplier GENERAL ELECTRIC TRANSPORTATION, Cincinnati OH
Supplier VARIOUS US SMALL BUSINESSES, Washington DC
Gtd LenderJPMORGAN CHASE BANK, NATIONAL ASSOCIATIO, New York NY
Gtd LenderCITICORP NORTH AMERICA, INC., New York NY
Cofin ECANIPPON EXPORT AND INVESTMENT INSURANCE, Chiyoda-Ku JAPAN

Project Name NONE
Project Description AIRCRAFT
Product Description AIRCRAFT MANUFACTURING
Repayment Term 12 YEARS

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


ITEM NO 2B
Country KENYA AP088412XA
Request for FINAL COMMITMENT
ApplicantKENYA AIRWAYS LTD, Nairobi
Borrower SPV/KENYA AIRWAYS LTD, Nairobi
Buyer SPV/KENYA AIRWAYS LTD, Nairobi
End-user KENYA AIRWAYS LTD, Nairobi
Exporter BOEING COMPANY, THE, Everett WA
Supplier BOEING COMPANY, THE, Everett WA
Supplier GENERAL ELECTRIC TRANSPORTATION, Cincinnati OH
Supplier VARIOUS US SMALL BUSINESSES, Washington DC
Gtd LenderJPMORGAN CHASE BANK, NATIONAL ASSOCIATIO, New York NY
Gtd LenderCITICORP NORTH AMERICA, INC., New York NY
Cofin ECANIPPON EXPORT AND INVESTMENT INSURANCE, Chiyoda-Ku JAPAN

Project Name NONE
Project Description AIRCRAFT
Product Description AIRCRAFT MANUFACTURING
Repayment Term 12 YEARS

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


ITEM NO 2C
Country KENYA AP088412XB
Request for FINAL COMMITMENT
ApplicantKENYA AIRWAYS LTD, Nairobi
BorrowerSPV/KENYA AIRWAYS LTD, Nairobi
Buyer SPV/KENYA AIRWAYS LTD, Nairobi
End-user KENYA AIRWAYS LTD, Nairobi
ExporterGENERAL ELECTRIC AVIATION, Cincinnati OH
ExporterGENERAL ELECTRIC AVIATION, Cincinnati OH
Exporter BOEING COMPANY, THE, Everett WA
Supplier GENERAL ELECTRIC AVIATION, Cincinnati OH
SupplierGENERAL ELECTRIC AVIATION, Cincinnati OH
Supplier BOEING COMPANY, THE, Everett WA
Supplier VARIOUS US SMALL BUSINESSES, Washington DC
Gtd LenderJPMORGAN CHASE BANK, NATIONAL ASSOCIATIO, New York NY
Gtd LenderCITICORP NORTH AMERICA, INC., New York NY
Cofin ECANIPPON EXPORT AND INVESTMENT INSURANCE, Chiyoda-Ku JAPAN

Project Name NONE
Project Description AIRCRAFT
Product Description AIRCRAFT MANUFACTURING
Repayment Term 12 YEARS

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

ITEM NO 2D
Country KENYA PC088413XX
Request for FINAL COMMITMENT

ApplicantKENYA AIRWAYS LTD, Nairobi
BorrowerSPV/KENYA AIRWAYS LTD, Nairobi
Buyer SPV/KENYA AIRWAYS LTD, Nairobi
End-user KENYA AIRWAYS LTD, Nairobi
Exporter BOEING COMPANY, THE, Everett WA
Supplier GENERAL ELECTRIC AVIATION, Cincinnati OH
SupplierGENERAL ELECTRIC AVIATION, Cincinnati OH
Supplier BOEING COMPANY, THE, Everett WA
Supplier VARIOUS US SMALL BUSINESSES, Washington DC
Gtd LenderJPMORGAN CHASE BANK, NATIONAL ASSOCIATIO, New York NY
Gtd LenderCITICORP NORTH AMERICA, INC., New York NY
Cofin ECANIPPON EXPORT AND INVESTMENT INSURANCE, Chiyoda-Ku JAPAN

Project Name NONE
Project Description AIRCRAFT
Product Description AIRCRAFT MANUFACTURING
Repayment Term 12 YEARS

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