Conformed Copy - L4599 - Sevastopol Heat Supply Improvement Project - Loan Agreement

Page 1 CONFORMED COPY LOAN NUMBER 4599-UA Loan Agreement (Sevastopol Heat Supply Improvement Project) between UKRAINE and INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT Dated September 23, 2002 Page 2 2 Page 3 LOAN NUMBER 4599-UA LOAN AGREEMENT AGREEMENT, dated September 23, 2002, between UKRAINE (the Borrower) and INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (the Bank). WHEREAS (A) the Borrower, having satisfied itself as to the feasibility and priority of the project described in Schedule 2 to this Agreement (the Project), has requested the Bank to assist in the financing of the Project; (B) the Project will be carried out by Sevastopol City State Administration (Sevastopol CSA) and Sevteploservis with the Borrower