Page 1 October 21, 1997 Lic. José Alejandro Arévalo Ministro Ministerio de Finanzas Públicas Centro Cívico, 6to. Nivel 8a Av., Calle 21, Zona 1 Guatemala City, Guatemala Dear Mr. Minister: Re: GUATEMALA - Social Investment Fund Project (Ln No. 3534 GU) Amendment to the Loan Agreement We have received a request from Dr. Rodolfo Paiz Andrade, Executive President of FIS, by letter of September 29, 1997, to amend Schedule 4 of the Loan Agreement of September 29, 1993, to allow for higher limits for quotations. We agreed that this seems justified and propose: (a) in part C.1 of Schedule 4, to replace the amounts of $55,000 and $30,000 with $100,000 and $50,000, respectively; and (b) in part C.2 of Schedule 4, to replace the amounts of $55,000 and $30,000 with $100,000 and $50,000, respectively, as well as to replace the amounts of $6,000,000 for Civil Works and $100,000 for Goods with $3,000,000 for Civil Works and $4,000,000 for Goods.” If you agreed, we would appreciate receiving a signed copy of this amendment letter. Your sincerely. /s/ Ian Bannon Acting Director Central America Country Department Unit Latin America and the Caribbean Region Office CONFIRMED: REPUBLIC OF GUATEMALA /s/ José Alejandro Arévalo Authorized Representative Date: November 18, 1997 cc. Dr. Rodolfo Paiz Andrade Executive President, FIS