Conformed Copy - C1949 - Urban Rehabilitation Project - Amendment 1

Page 1 June 5, 1992 His Excellency Eneas da Conceicao Comiche Minister of Finance Maputo, Mozambique Re: Credit No. 1949 MOZ (Urban Rehabilitation Project) Amendment to the Development Credit Agreement Dear Sir: We refer to the above-mentioned Development Credit Agreement (the Agreement) dated October 18, 1988, between the Republic of Mozambique (the Borrower) and the International Development Association (the Association). Further to discussions held between representative of the Borrower and the Association, during the Project implementation review, and your letter No. 182/MF/GN/92 dated May 20, 1992, we are pleased to inform you that the Association hereby agrees to amend the Agreement, as follows. Categories (1) and (3) of paragraph 1 of Schedule to the Agreement are amended and replaced by the following: Amount of the Credit Allocated % of (Expressed in Expenditures Category SDR Equivalent) to be Financed (1) Civil works: (a) under Part A 16,050,000 100% of foreign of the Project expenditures and 80% of local expenditures (b) under Part B 11,140,000 100% of foreign of the Project expenditures and 80% of local expenditures (2) Vehicles, 2,050,000 100% of foreign equipment, office expenditures equipment, supplies, 80% of local and spare parts expenditures" Please indicate your agreement with the foregoing by countersigning and dating the form of confirmation on the two original copies of this letter provided to you and returning one original, as countersigned, to us. As requested by you, this amendment shall become effective as of January 1, 1990. Sincerely, Stephen Denning Director Southern Africa Department CONFIRMED: REPUBLIC OF MOZAMBIQUE By: Authorized Representative Page 2 Date: July 31, 1992