Conformed Copy - L4128 - Railway Restructuring Project - Supplemental Letter 2

Page 1 OFFICE NATIONAL DES CHEMINS DE FER April 30, 1997 International Bank for Reconstruction and Development 1818 H Street, N.W. Washington, D.C. 20433 United States of America Re: Loan No. 4128 MOR (Railway Restructuring Project) Performance Indicators Section 3.06 of the Loan Agreement Dear Sirs and Mesdames: We refer to the Performance Indicators to be utilized by the Office National des Chemins de Fer (the Borrower) pursuant to the provisions of Section 3.06 of the Loan Agreement of even date herewith between the International Bank for Reconstruction and Development (the Bank) and the Borrower, to measure the degree to which the Project objectives are being achieved. We hereby confirm that said Indicators shall consist of the parameters set forth in the Attachment to this Letter. Very truly yours, OFFICE NATIONAL DES CHEMINS DE FER By /s/ Mohamed Benaissa Authorized Representative AGREED AND CONFIRMED: INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT By /s/ Daniel Ritchie Regional Vice President Middle East and North Africa