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Page 1 CONFORMED COPY CREDIT NUMBER 3041 KH Development Credit Agreement (Urban Water Supply Project) between KINGDOM OF CAMBODIA and INTERNATIONAL DEVELOPMENT ASSOCIATION Dated March 20, 1998 CREDIT NUMBER 3041 KH DEVELOPMENT CREDIT AGREEMENT AGREEMENT, dated March 20, 1998, between KINGDOM OF CAMBODIA (the "Borrower") and INTERNATIONAL DEVELOPMENT ASSOCIATION (the "Association"). WHEREAS: (A) The Borrower, having satisfied itself as to the feasibility and priority of the Project described in Schedule 2 to this Agreement, has requested the Association to assist in the financing of the Project; WHEREAS: (B) Part A of the Project will be carried out by the Phnom Penh Water Supply Authority ("PPWSA") with the Borrower