Banco Mundial Av. Alvarez Calder6n 185, Piso 7 Tel: (511) 622-2300 BANCO INTERNACIONAL DE RECONSTRUCCION Y FOMENTO San Isidro - Lima 27 Fax: (511) 622-2310 ASOCIACION INTERNACIONAL DE FOMENTO PERU OFFICIAL .Z DOCUMENTS September 18, 2015 Ms. Rosa Maria Ortiz Rios Minister of Energy and Mines Ministry of Energy and Mines Av. Las Artes Sur No. 260 San Borja Lima, Peru Ms. Rosa Herrera Costa Executive Director Peruvian Agency for International Cooperation Av. Jos6 Pardo No. 261 Miraflores Lima, Per6 Re: Republic of Peru: Support to the Implementation of the Extractive Industries Transparency Initiative Project EITI Grant No. TF015428 Amendment No. 1 to the Grant Agreement Dear Ms. Ortiz and Ms. Herrera: We refer to the above-referenced Grant Agreement between the Republic of Peru ("Recipient") and the International Bank for Reconstruction and Development ("World Bank") dated September 20, 2013 ("Agreement"). We also refer to the letter from the Minister of Energy and Mines dated July 24, 2015 requesting additional funds under this Grant. In view of the above and our recent discussions on the subject, the World Bank proposes to amend the Agreement as follows: 1. We are pleased to inform you that the World Bank has established December 31, 2015 as the later date for purposes of Section 3.03 of the Annex to the Agreement. Nk 2. The amount of the Grant stated in the first paragraph of the Agreement is hereby amended and replaced in its entirety to read as follows: "four hundred thousand United States Dollars (US$400,000)". 3. Paragraph (d) of Part 1, Section 2.01, Article II of the Annex to the Agreement is hereby amended and replaced in its entirety to read as follows: , GAP -PC Ms. Rosa Maria Ortiz Rios 2 Ms. Rosa Herrera Costa "(d) Drafting the terms of reference for the third EITI audit reports, covering calendar years 2011, 2012, 2013 and 2014." 4. The table under Section 3.01, Article III of the Annex to the Agreement is hereby amended and replaced in its entirety to read as follows: Amount of the Percentage of Expenditures Category Grant Allocated to be Financed (expressed in USD) (inclusive of Taxes) (1) Goods, consultants' services, 400,000 100% Operating Costs and Training and Workshops. TOTAL AMOUNT 400,000 5. Section 3.03, Article III of the Annex to the Agreement is hereby amended and replaced in its entirety to read as follows: "3.03. Withdrawal Period. The Closing Date referred to in Section 3.06 (c) of the Standard Conditions is December 31, 2015." All other terms and conditions of the Agreement remain in full force and effect. Please confirm your agreement with the foregoing amendment, on behalf of the Recipient, by signing and dating this letter ("Amendment Letter") in the spaces provided o M below. This amendment letter shall be executed in two counterparts each of which shall be an original and one of which shall be returned to us. The provisions set forth in this amendment letter will become effective as of the date of the countersignature, upon receipt by the World Bank of one fully executed original of this letter. Please also note that the Restructuring Paper dated September 16, 2015, a copy of which is enclosed herewith, will be disclosed on the World Bank's external website as per the World Bank's policy on Access to Information. Very truly yours, INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT ~ odt~'By 'Alberto RodrW ez SESO Director VOB ~Bolivia, Chile, Ecuador, Peru and Venezuela f GA. Latin America and the Caribbean Region H F TA I Pc\ - Ms. Rosa Maria Ortiz Rios 3 Ms. Rosa Herrera Costa AGREED: REPUBLIC OF PERU REPUBLIC OF PERU Ministry Of Energy and Mines Peruvian Agency for International (I VCooperato By: Name:Ministra de Energia y Minas Name: Directors Ejecutiva Title: Title: AGENAPERUANAECOOPRACIO IWTERNANM Date: SEpigm 1 oY Date: C1 IA Enclosure GABR! 4 HER APC