Conformed Copy - L4152 - Aquaculture Development Project - Supplemental Letter

Page 1 UNITED MEXICAN STATES BANCO NACIONAL DE COMERCIO EXTERIOR, S.N.C June 24, 1997 Gentlemen: Re: Aquaculture Development Project Please refer to the Loan Agreement (Aquaculture Development Project) between Banco Nacional de Comercio Exterior, S.N.C. (the Borrower) and International Bank for Reconstruction and Development (the Bank) of even date herewith (the Loan Agreement) and the Guarantee Agreement (Aquaculture Development Project) between United Mexican States (the Guarantor) and the Bank of even date herewith (the Guarantee Agreement). Whenever used in this letter, the several terms defined in the Loan Agreement have the respective meanings therein set forth. With reference to Section 1.02 (k) of the Loan Agreement, the Logical Framework Document is attached hereto as Annex 1. Please confirm your agreement with the above and with Annex 1 by signing this letter in the space provided. Sincerely yours, UNITED MEXICAN STATES By: ___________________________ Authorized Representative BANCO NACIONAL DE COMERCIO EXTERIOR By: ____________________________ Authorized Representative AGREED: INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT By: __________________________ UNITED MEXICAN STATES BANCO NACIONAL DE COMERCIO EXTERIOR, S.N.C