OFFICIAL Al DOCUMENTS The World Bank 1818 H Street N.W. (202) 473-1000 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT Washington. D.C. 20433 Cable Address: INTBAFRAD INTERNATIONAL DEVELOPMENT ASSOCIATION U.S.A. Cable Address: INDEVAS Aa,2015 H.E. Amadou Ba Minister of Economy, Finance and Planning Ministry of Economy, Finance and Planning Dakar Republic of Senegal Excellency: Re: Senegal: Credit Number 4662-SN West Africa Regional Fisheries Project (Phase 1) Amendment to the Financing Agreement We refer to the Financing Agreement between Republic of Senegal (the Recipient) and the International Development Association (the Association) dated November 24, 2009 (the Agreement), as amended. We also refer to your letter dated September 24, 2015, requesting for amendment to the Agreement. We are pleased to inform you that the Association concurs with your request and hereby proposes to amend the Agreement as follows: I. Part A of the Project set forth in Schedule I to the Agreement shall be amended as by deleting Part A.3(a), and renumbering Part A.3(b) and A.3(c) respectively, as Part A.3(a) and A.3(b) 2. The table set forth in Section IV.A of Schedule 2 to the Agreement is amended as set forth in the Annex to this letter. 3. Section IV.B.1 of Schedule 2 to the Agreement is amended by deleting sub-paragraph (c) and renumbering sub-paragraph (d) of said Section IV.B. I as subparagraph (c). 4. The Closing Date referred to in Section IV.B.2 of Schedule 2 to the Agreement shall be September 15, 2016. Except as specifically amended by this letter (Amendment Letter), all the other provisions of the Agreement, shall remain in full force and effect. -2- Please confirm your acceptance to the foregoing, on behalf of the Recipient, by signing and dating the two originals of this Amendment Letter, retaining one original for your records and returning the other original to the Association. Upon receipt by the Association of the original Amendment Letter countersigned by you, the amendments set forth in this Amendment Letter will become effective as of the date of your countersignature. Sincerely, INTERNATIONAL DEVELOPMENT ASSOCIATION Rachi Benmessa ud Country Director for Nigeria and Coordinating Director for the West-Africa Regional Integration Program Africa Region CONFIRMED: REPUB Of LC CO IO Name: Title: Date: JAN 2016 -3- Cc: H.E. Oumar Gueye Minister of Fisheries and Maritime Economy Dakar Republic of Senegal Mr. Mouhamed Ndiaye Director General Cridit Mutuel du Sinigal Dakar Republic of Senegal Ms. Maridme Diagne Talla Commission Sous-Rigionale des P6ches Villa 4430 Karack Rue ka-38 BP 25485 Dakar Republic of Senegal Mr. Mohamed Sikieh Kayad Executive Director for Senegal -4- ANNEX Withdrawal of the Proceeds of the Credit The table below sets forth the Categories of items to be financed out of the proceeds of the Credit, the allocation of the amounts of the Credit to each Category and the percentage of expenditures for items so to be financed in each Category: % of Amount of the Credit to be Expenditures Allocated (Expressed_in to be Financed (inclusive of Category SDR Equivalent) taxes) (1) Goods, works and services for Subprojects under Part 332,643 100% A.3(a)(i) and A.3(b) (ii) of the Project (2) Goods, works, training and services under Part A. 1(a), (b), (c) and (d), 4,877,685 100% A.2, A.3(a)(ii), A.3(b)(i), and A.4(a) of the Project (3) Goods and services under 20,921 90% Part A.3(a) of the Project (4) Goods, works, Training, Operating costs and 1,312,093 100% services under part B.1(a) and B.2 of the Project (5) Goods, works, Training and services(including 851,935 100% audits) under Part C.1 and C.2(b) of the Project (6) Goods, works, Training and services (including 1,801,721 100% audits) under Part D. I of the Project (7) Goods, Training, Operating Costs and services (including audits) 503,002 30% under Parts A.1(e), A.4(b), B.1(b), B.3, C.2(a) and D.2 of the Project TOTAL AMOUNT 9,700,000