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Page 1 CONFORMED COPY CREDIT NUMBER 3315-SE Development Credit Agreement (National Rural Infrastructure Program - Phase I) between REPUBLIC OF SENEGAL and INTERNATIONAL DEVELOPMENT ASSOCIATION Dated February 23, 2000 CREDIT NUMBER 3315-SE DEVELOPMENT CREDIT AGREEMENT AGREEMENT, dated February 23, 2000, between REPUBLIC OF SENEGAL (the Borrower) and INTERNATIONAL DEVELOPMENT ASSOCIATION (the Association). WHEREAS (A) the Association has received a letter, dated October 26, 1999, from the Borrower describing a program of actions, objectives and policies designed to accelerate the Borrower