OFFICtAL H do-SiL The'World Bank % rse T8 H b 4 - SL INTERNATIONAL BANK F )R RECONSTRUCTION AND DEVELOPIVENT Tel: (233-302) 229681 220837 INTERNATIONAL DEVEL :IPMENT ASSOCLATION North Ridge Fax: (233-302) 227887 September 25, 2012 Hon. Dr. Samura Kamara Minisi er of Finance and Economic D4evelopment Minisiiy of Finance and Economic D,velopment Georg,: Street Freetown Sierra Leone Honourable Minister: Sierra Leone: Bumbuna Hydroelectric Environmental and Social Management Project (Grant Numbers Hi 70-SL and H625-SL) Re: A nendment of Financing Agreement We refer to the Financing Agreement (the Agreement) dated September 29, 2010, for the above-teferenced Project (Grant Nuribers H170-SL and H625-SL) between the Republic of Sierra Leone ("Recipient") and the International Development Association ("Association"), and to your requesi. dated July 12, 2012. We are pleased to inform yoL that the Association hereby agrees to your request and proposes to amend the Agreement as set forth in the Attachment to this letter ("Amendment"). All other provisions of the Agreement, except as herein amended, shall remain in full force and effeict. Please confirm your agreement with the proposed Amendment, on behalf of the Recipient, by countersigning and dating the two original copies of this Amendment and returning one countersigned and dated original to us. Upon receipt by the Association of the countersigned and dated original copy, this Amendment shall become effective as of the date specified by the Association. Sincerely, INTERNATIONAL DEVELOPMENT ASSOCIATION Yusupha B. Crookes Country Director for Sierra Leone Africa Region AGREED: REPUBLIC OF IERRA LEONE By: Name: Title: Date: - Attach: niit: Amendments to the Agreement .Hon. Dr. Samura Kamara 2 September 25, 2012 Amendments to the Agreement A. Section IV.A (Withdrawal of the Proceeds of the Financing; General) of Schedule 2 to the Agreement is amended to real as follows: "1. The Recipient may withdraw the proceeds of the Financing in accordance with the provisions of Article II of the General Conditions, this Section, and such additional instructions as the A:;sociation shall specify by notice to the Recipient (including the "World Bank Disbursement Guidelines for Projects" dated May 2006, as revisec from time to time by the Association and as made applicable to this Agreement pursuant to such instructions), to finance Eligible Expenditures as set forth in the table in paragraph 2 below. 2. The following table specifies the Categories of Eligible Expenditures that may be financed out of the proceeds of the Financing, the allocations of the amounts of the Financing to each Category, and the percentage of expenditures to be financed for Eligible Expenditures in each Category: Amou .t of the Amount of the % of Original Grant Additional Grant Expenditures Category Allocated Allocated to be Financed (exclusive (Expr-ssed in (Expressed in of Taxes) SDR Equivalent) SDR Equivalent) (1)Goods 59C,000 1,270,000 100% (2) 'orks 1,75C,000 1,530,000 100% (3) CDnsultants' 3,573,000 2,105,000 100% servies, including audils (4) T-aining 3C,000 132,000 100% (5) Czmmunity 5C,000 500,000 100% of amounts payable (:rants under the respective Grant Agreement (6) Operating Costs 52(,000 763,000 100% (7) Refunding of Project 1,26-1,000 0 Amounts payable pursuant Prep; ration Advance to Section 2.07 of the General Conditions (8) Unallocated 0 0 (9) Compensation 52(,000 0 Grar :s TOTAL 8,300,000 6,300,000 B. Section IV.B.2 (Withdrawal Period) of Schedule 2 to the Agreement is amended to read as follows: "2. The Closing Date is tune 30, 2013."