LOAN NUMBER 9537-TN
Guarantee Agreement
(Tunisia-Italy Integration and Renewable Energy Ecosystem Project)
between
REPUBLIC OF TUNISIA
and
INTERNATIONAL BANK FOR RECONSTRUCTION
AND DEVELOPMENT


LOAN NUMBER 9537-TN
GUARANTEE AGREEMENT
AGREEMENT entered into between REPUBLIC OF TUNISIA ("Guarantor") and
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT
("Bank") ("Guarantee Agreement") in connection with the Loan Agreement of the
Signature Date between the Bank and Socitj Tunisienne de 1'Electricitj et du Gaz
("Borrower"), concerning Loan No. 9537-TN ("Loan Agreement"). The Guarantor and the
Bank hereby agree as follows:
ARTICLE I - GENERAL CONDITIONS; DEFINITIONS
Section 1.01.  The General Conditions (as defined in the Appendix to the Loan
Agreement) apply to and form part of this Agreement.
Section 1.02.  Unless the context requires otherwise, the capitalized terms used in this
Agreement have the meanings ascribed to them in the General Conditions.
ARTICLE II - GUARANTEE
Section 2.01.  The Guarantor declares its commitment to the objectives of the Project. To
this end, without limitation or restriction upon any of its other obligations under the
Guarantee Agreement, the Guarantor hereby unconditionally guarantees, as primary
obligor and not as surety merely, the due and punctual payment of all Loan Payments
payable by the Borrower pursuant to the Loan Agreement.
ARTICLE III -REPRESENTATIVE; ADDRESSES
Section 3.01.  The Guarantor's Representative is the Minister in charge of economy and
planning.
Section 3.02.  For purposes of Section 10.01 of the General Conditions:
(a)    the Guarantor's address is:
Ministry of Economy and Planning
Avenue Cheikh Mohamed Fadhel Ben Achour Tour << A >>
Centre Urbain Nord
1082
Tunis, Tunisia
(b)    the Guarantor's Electronic Address is:
Facsimile:    216 71 799 069


-2-
Section 3.03.  For purposes of Section 10.01 of the General Conditions:
(a)    the Bank's Address is:
International Bank for Reconstruction and Development
1818 H Street, N.W.
Washington, D.C. 20433
United States of America; and
(b)    the Bank's Electronic Address is:
Telex:              Facsimile:
248423(MCI) or      +1-202-477-6391
64145(MCI)


-3-
AGREED as of the later of the two dates written below.
REPUBLIC OF TUNISIA
By
Aut  i7ed Representative
Name:
INTERNATIONAL BANK FOR
RECONSTRUCTION AND DEVELOPMENT
By
Authorized Representative
Name: Aki-&    K        RuP    K.