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Page 1 July 15, 1999 His Excellency Anatol Arapu Minister of Finance 7, Cosmonautilor Street Chisinau 277012 Republic of Moldova Re: General Education Project (Credit No. 3003 MD) Amendment to the Development Credit Agreement Excellency: We refer to the Development Credit Agreement (General Education Project) dated November 17, 1997 (the Credit Agreement), between the Republic of Moldova (the Borrower) and the International Development Association (the Association), as amended. We also refer to a letter from the Director of the Project Management Unit, dated July 8, 1999 requesting that the Authorized Allocation for the Special Account be increased. We hereby confirm the Association