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Page 1 CONFORMED COPY LOAN NUMBER 4507-CO Project Agreement (Cartagena Water Supply, Sewerage and Environmental Management Project) between INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT and AGUAS DE CARTAGENA S.A., E.S.P. Dated December 10, 1999 LOAN NUMBER 4507-CO PROJECT AGREEMENT AGREEMENT, dated December 10, 1999, between INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (the Bank) and AGUAS DE CARTAGENA S.A., E.S.P. (ACUACAR). WHEREAS (A) by the Loan Agreement of even date herewith between the Bank and Distrito Tur