Page 1 AZERBAIJAN REPUBLIC May 31, 1999 International Development Association 1818 H Street, N.W. Washington, D.C. 20433 United States of America Re: Credit No. 3207 AZ (Cultural Heritage Support Project) Performance Monitoring Indicators Dear Sirs and Mesdames: This refers to the provisions of Section 3.10 to the Development Credit Agreement (Cultural Heritage Support Project) of even date herewith between Azerbaijan Republic (the Borrower) and the International Development Association (the Association), for the above referenced Project. The Borrower hereby confirms to the Association that the indicators set forth in the attachment to this letter shall serve as a basis to monitor and evaluate the progress of their respective parts of the Project and the achievements of the objectives thereof. Very truly yours, AZERBAIJAN REPUBLIC By /s/ A. Rasi-zadeh Authorized Representative