Conformed Copy - L4202 - Second Municipal Development Project - Supplemental Letter 2

Page 1 CAISSE DES PRETS ET DE SOUTIEN DES COLLECTIVITES LOCALES September 24, 1997 International Bank for Reconstruction and Development 1818 H Street, N.W. Washington, D.C. 20433 United States of America Re: Loan No. 4202-TUN (Second Municipal Development Project) Municipal Performance Indicators Paragraphs 1 and 2 of Section I of Schedule 5 to the Loan Agreement Dear Sirs and Mesdames: We refer to the Municipal Performance Indicators to be utilized by the Caisse des Prêts et de Soutien des Collectivités Locales (the Borrower) pursuant to the provisions of paragraphs 1 and 2 of Section I of Schedule 5 to the Loan Agreement of even date herewith between the International Bank for Reconstruction and Development (the Bank) and the Borrower, to measure the progress in the carrying out of Parts A and B of the Project and the degree to which the objectives of Parts A and B of the Project are being achieved. We hereby confirm that said Indicators shall consist of the parameters set forth in the Attachment to this Letter. Very truly yours, CAISSE DES PRETS ET DE SOUTIEN DES COLLECTIVITES LOCALES By /s/ Mohamed Ghannouchi Authorized Representative AGREED AND CONFIRMED: INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT By /s/ Kemal Dervis Regional Vice President Middle East and North Africa Attachment