Conformed Copy - C1864 - National Seeds Project - Amendment 2

Page 1 April 30, 1993 His Excellency Ibrahima Sory Sow Minister of Agriculture and Animal Resources Ministry of Agriculture and Animal Resources Conakry, Republic of Guinea Re: Credit No. 1864 GUI (National Seeds Project) Amendment Excellency, Please refer to the development Credit Agreement (the Agreement) dated February 1, 1988 between the Republic of Guinea (the Borrower) and the International Development Association (the Association), as amended by letters of May 23, 1988, July 7, 1989 and August 2, 1989. Pursuant to your request we are pleased to inform you that the Association agrees to amend the Agreement as follows: The table set forth in paragraph 1 of Schedule 1 is revised to read in its entirety as set out in Attachment 1 hereto; Please confirm your agreement with this amendment of the Agreement by signing, dating and returning the form of confirmation on the enclosed copy of this letter, This amendment shall become effective upon receipt by the Association of the duly signed copy. Sincerely yours, Olivier Lafourcade Director Occidental and Central Africa Department CONFIRMED: By Minister of Agriculture and Animal Resources Date: SCHEDULE 1 Withdrawal of the Proceeds of the Credit The table below sets forth the Categories of items to be financed out of the proceeds of the Credit, the allocation of the amounts of the Credit to each Category and the percentage of expenditures for items so to be finance in each Category: Amount of the Credit Allocated % of (Expressed in Expenditures Category SDR Equivalent) to beFinanced Page 2 (1) Civil Works 1,400,000 100% (2) Vehicles and 1,450,000 100% equipment (3) Agricultural 300,000 100% inputs (4) Consultants' Services 2,700,000 100% and training (5) Operating costs 1,030,000 100% of foreign expenditures from 1989 through 1992; 70% of local ex- penditures in 1989; 50% of local expenditures in 1990; 30% of local expenditures in 1991; 15% of local expenditures in 1992; and 100% of expenditures thereafter (6) Refunding of project 185,000 Amount due pursuant preparation advance to Section 2.02 (c) of this Agreement (7) Unallocated 35,000 TOTAL 7,100,000