Conformed Copy - L4289 - Water Resources Management Project - Supplemental Letter 2

Page 1 KINGDOM OF MOROCCO October 5, 1998 International Bank for Reconstruction and Development 1818 H Street, N.W. Washington, DC 20433 United States of America Re: Loan No. 4289-MOR (Water Resources Management Project) Performance Indicators Sections E and F of Schedule 5 to the Loan Agreement Dear Sirs: We refer to the Project Indicators to be utilized by the Kingdom of Morocco (the Borrower), pursuant to the provisions of Sections E and F of Schedule 5 to the Loan Agreement of even date herewith between the Borrower and the International Bank for Reconstruction and Development (the Bank), 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, KINGDOM OF MOROCCO By /s/ Fathallah Oualalou Authorized Representative AGREED AND CONFIRMED: INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT By /s/ Kemal Dervis Regional Vice President Middle East and North Africa Attachment