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Page 1 REPUBLIC OF THE PHILIPPINES July 18 , 1997 International Bank for Reconstruction and Development 1818 H Street, N.W. Washington, D.C. 20433 United States of America Re: Loan No. 4111-PH (Second Subic Bay Freeport Project) Representations and Assurances on Procurement Dear Sirs: I am writing on behalf of the Republic of the Philippines (the "Philippines