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Page 1 1999 The General Manager Turkiye Elektrik Iletim Ve Uretim A.S. Genel Mudurlugu Inonu Bulvari No. 27 Bahcelievler Ankara Republic of Turkey Re: TURKEY: Loan No. 4344-TU National Transmission Grid Project Amendment to the Loan Agreement Dear Sir: We refer to the Loan Agreement (National Transmission Grid Project) dated June 25, 1998 between the International Bank for Reconstruction and Development (the Bank) and Turkiye Elektrik Iletim Ve Uretim A.S. (the Borrower). Pursuant to your request dated September 27, 1999, and the Government