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Page 1 CONFORMED COPY July 29, 2002 Her Excellency Zinaida Grecianii Minister Ministry of Finance 7 Cosmonaut Street Chisinau 277005 Republic of Moldova Re: Social Investment Fund Project (Credit No. 3170-MD) Amendment to the Development Credit Agreement Dear Mrs. Greciani, We refer to the Development Credit Agreement (Social Investment Fund Project) dated March 17, 1999, between the Republic of Moldova and the International Development Association (the Association). We also refer to your letter dated June 10, 2002, requesting certain amendments to the Development Credit Agreement. We hereby confirm the Association