DOCUMUMTh The World Bank 1818 H Streit N.W. (202) 473-1000 INTERNATIONAL BAlNK FOR RECONSTRUCTION AND DEVELoPMEM' WAIM, D.C. 20433 Cable Address: INTBAFRAD INTERNATIONAL DEvELOPMENT ASSOCIATION U.S.A. Cable Address: INDEVAS May 16, 2012 Dr. Juan Carlos Echeverry Mi'ister of Finance and Public Credit Ministro de Hacienda y Crdito P iblicv Canera 8 No. 6-64 Bo:iotd, Colombia Re: Loan 7293-CO (National Disaster Vulnerability Reduction Project) Fourth Amendment to the Loan Agreement Exc.llency, We refer to the Loan Agreement between International Bank for Reconstruction and Development (the "Bank") and tie Republic of Colombia (the "Borrower") dated October 4, 2005 as amended on June 11, 2009, with respect to the above-captioned Project ("Loan Ag:eement"). Please note that capitali2ed terms used in this letter (the "Amendment Letter") and not defined herein have the meaning as-ribed to them in the Loan Agreement. We also refer to the lettr frcm your Ministry dated February 9, 2012 and our recent discussions, indicating that as a result of an internal restructuring process: (i) the roles and responsibilities of the Ministry of Env ronment, Housing and Territorial Development under the Project (except for its Part D) have been transferred to the Ministry of Housing, City and Territory; (ii) the roles and respoiisibilities for the implementation of Part D of the Project have been transferred to the Ministry of Environment and Sustainable Development; and (iii) the roles and responsibilities of the Nationil Unit for Disaster Risk Management (a unit formerly within the \4inistry of the Interior and Justice ("MIJ")) under the Project remain unchanged, however, said unit is currently functioning a; Special Administrative Unit under the office of the President. In addition, and pursuant o the above-mentioned letter and the letter from your Ministry dated August 19, 2011 wherein a equest is made to amend the Loan Agreement, we are pleased to ir form you that the Bank agrees to amend the Loan Agreement as follows: I. Section 1 (c) of Schedule 5 (Special Account) to the Loan Agreement is hereby amended to read as follows: "(c) the term "Authorized Allocation" means the amount of four million five hundred thousand Dollan ($4,500,000) to be withdrawn from the Loan Account and deposited into the Special Account pursuant to paragraph 3 (a) of this Schedule." Please confirm your agreement with the foregoing amendment by signing and dating this An iendment Letter in the spaces provided below. All other provisions of the Loan Agreement except as amended through this kmendment Letter shall remain in full force and effect. This Amendment Letter shall be executed in six (6) counterparts each of which shall be an original. The provisions set forth in this Amendment Letter shall become effective as of the date of this Amendment Letter, upon receipt by the Bank of: (i) one fully executed original of this Amendment Letter; and (ii) evidence, satisfactory to the Bank, that the Operational Manual (as defined in the Loan Agreement) ias been updated pursuant the provisions of this Amendment Letter. Provided however, that the offer of this Amendment Letter shall be deemed withdrawn if the 3ank has not received a duly (xecuted original copy of this Amendment Letter, within ninety (90) days after the date of signatuie of this Amendment Letter by the Bank, unless the Bank shall have established a later date for such purpose. Please also note that the approved Restructuring Papers dated December 13, 2011 and May 10, 2012 will be discloseI on the Bank's external website. Sincerely, IN TERNATIONAL BANK FOR RECONSTrRLCTION AND DEVELOPMENT Glor WM. Grandolini Director Colo bia and Mexico La n\4merica nd the Caribbean Region -2- AG,REED: REPUBLIC OF COLOMBIA By: B_ By: Ministry of Finance and Public National Unit for isaster Credit Risk Management (Authorized Representati,ie) (Authorized Representative) Name: AAV&'iU GkeVis_S. Name: C,r Ivan Titi e: ml6PdWowiaTitle: )i c~ 74eier4/(NjtJ Dal~ O I I Date: _ _ _ _ _ _ _ By msBy: inst:o Evrne a9 m'iistry of Housing, City and Sustainable Developmen Territory (Authorized Representative) (Authorized Representative) Name: JAW CA2EL IName VQ Tit e: Himstio de Ambih,evh 'Title: Nh)QtrQdC v110Y t0'0ud0d 6err&rT Dale Oe101? Date: WOVE By By:- NationI Planning Depaitm it (Authoried Representative) ( Name: t-A09A,O *A *Nm:-00A Tit.e: -ie-_Toa-ibrT ferah il:Nor e\wnaoddp rk' Dale: 0 -3-