Conformed Copy - L2865 - Fourth Agricultural Credit Project - Amendment 1

Page 1 Mr. Mohamed Ghenima Washington,January 29, 1988 President Directeur General Banque Nationale de Tunisie 19 avenue de Paris Tunis, Republic of Tunisia Washington, January 29, 1988 Re: Loan No. 2865-TUN (Fourth Agricultural Credit Project) Amendment to the Loan Agreement. Dear Sir: We refer to the Loan Agreement dated July 22, 1987 between the International Bank for Reconstruction and Development (the Bank) and the Banque Nationale de Tunisie (the Borrower) for the above-mentioned Project and to the discussions in December 1987 between BNT, the Ministry of Planning and a Bank mission during which the Tunisian authorities requested that the Special Account for the purposes of the Project be opened at BNT, as.,now authorized by the Central Bank of Tunisia (BCT's circular No. 36374). The Bank hereby is pleased to accept to amend Section 2.02(b) of the Loan Agreement by deleting the reference to "Banque Centrale de Tunisie" and replacing it by "Banque Nationale de Tunisie". Please confirm your agreement to the foregoing by signing and dating the form of confirmation below on the enclosed copy of this letter and returning it to us. Very truly yours, INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT K. Dervis Director Country Department II Europe, Middle East and North Africa CONFIRMED NATIONAL BANK OF TUNISIA By: /s/_________________________ Authorized Representative Date: February 16, 1988