Conformed Copy - N009 - Second Environment Program Support Project - Interim Fund Credit Supplemental Letter 1

Page 1 Republic of Madagascar March 14, 1997 International Bank for Reconstruction and Development 1818 H Street, N.W. Washington, D.C. 20433 United States of America Re: GEF Trust Fund Grant No. TF028499 (Second Environment Program Support Project) GEF Trust Fund Grant Agreement (Schedule 4) Performance Indicators Dear Sirs: We are pleased to refer to Schedule 4 to the above mentioned Grant Agreement and, more particularly, to paragraph 4 (a) thereof, and to confirm, on behalf of the Republic of Madagascar (the Beneficiary), that the performance indicators agreed upon between the Beneficiary and the Bank for the purposes of the Project are as shown in the Annex to this letter. It is our understanding that, in making the above Grant, the Bank may rely on the statements herein set forth or referred to. Very truly yours, Republic of Madagascar By /s/ Tantely Andrianarivo Authorized Representative