'WS
LOAN NUMBER 8244-TR
Guarantee Agreement
(Small and Medium Enterprises Energy Efficiency Project)
between
REPUBLIC OF TURKEY
and
INTERNATIONAL BANK FOR RECONSTRUCTION
AND DEVELOPMENT
Dated              , 2013


LOAN NUMBER 8244-TR
GUARANTEE AGREEMENT
AGREEMENT, dated      H'j (         , 2013, entered into between Republic
of Turkey ("Guarantor") and INTERNATIONAL BANK FOR RECONSTRUCTION
AND DEVELOPMENT ("Bank") ("Guarantee Agreement") in connection with the Loan
Agreement of same date between the Bank and TORKIYE CU MHURIYETI ZIRAAT
BANKASI A.$. ("Borrower") ("Ziraatbank Loan Agreement"). The Guarantor and the
Bank hereby agree as follows:
ARTICLE I - GENERAL CONDITIONS; DEFINITIONS
Section 1.01. Thc General Conditions (as defined in the Appendix to the
Ziraatbank Loan Agreement) constitute an integral part of this Agreement.
Section 1.02. Unless the context requires otherwise, the capitalized terms used in
this Agreement have the meanings ascribed to them in the General Conditions or in the
Ziraatbank Loan Agreement.
ARTICLE II - GUARANTEE
Section 2.01. Without limitation or restriction upon any of its other obligations
under the Guarantee Agreement, the Guarantor hereby unconditionally guarantees, as
primary obligor and not as surety merely, the due and punctual payment of all Loan
Payments payable by the Borrower pursuant to the Ziraatbank Loan Agreement.
ARTICLE III - REPRESENTATIVE; ADDRESSES
Section 3.01. The Guarantor's Representative is the Undersecretary of Treasury.
Section 3.02. The Guarantor's Address is:
Basbakanlik
Hazine Mustesarligi
Inonu Buivari
Emek-Ankara
Turkey
Facsimile:
(90) (312) 204-7366
(90) (312) 204-7367


Section 3.03. The Bank's Address is:
International Bank for
Reconstruction and Development
1818 H Street, N.W.
Washington, D.C. 20433
United States of America
Cable:               Telex:              Facsimile:
INTBAFRAD            248423 (MCI) oi     (202) 477-6391
Washington, D.C.      64145 (MCI)
AGREED at Ankara, Republic of Turkey, as of the day and year first above written.
REPUBLIC OF TURKEY
By      .__
Authorized Representative
Name:    $Utir          > ri
Title: Al-     hpj           er1c      mW
INTERNATIONAL BANK FOR
RECONSTRUCTION AND DEVELOPMENT
By
Authorized Representative
Name:    Hatta. 42wJsl
Title:        cIlor
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