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Page 1 CONFORMED COPY LOAN NUMBER 4742 - CHA GEF TRUST FUND GRANT NUMBER TF053359 - CHA Project Agreement (Guangdong Pearl River Delta Urban Environment Project) between INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT and GUANGDONG PROVINCE Dated July 5, 2004 Page 2 LOAN NUMBER 4742 - CHA GEF TRUST FUND GRANT NUMBER TF053359 - CHA PROJECT AGREEMENT AGREEMENT, dated July 5, 2004, between INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (the Bank) and GUANGDONG PROVINCE (Guangdong). WHEREAS (A) by the Loan Agreement of even date here with between People