Conformed Copy - L4315 - Cesme-Alacati Water Supply and Sewerage Project - Supplemental Letter 3

Page 1 CESME-ALACATI UNION 1998 International Bank for Reconstruction and Development 1818 H St., NW Washington, DC 20433 United States of America Re: Loan No. 4315 TU (Cesme-Alacati Water Supply and Sewerage Project) Performance Indicators Dear Sirs or Mesdames: This refers to the provisions of paragraph 2 of Schedule 5 to the Loan Agreement (Cesme-Alacati Water Supply and Sewerage Project) of even date herewith between the International Bank for Reconstruction and Development (the Bank) and the Cesme-Alacati Union (the Borrower). The Borrower hearby confirms to the Bank that the indicators set forth in the attachment to this letter shall serve as the basis for the Borrower to monitor and evaluate the progress of the Project and the achievement of the objectives thereof. Very truly yours, CESME-ALACATI UNION By /s/ Authorized Representative