OFFICIAL 7772 DOCUMENTS The World Bank Turkey Country Office Tel: (90-312)4598300 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT Ugur Mumcu Caddesi 88 Fax: (90-312) 446 24 42 INTERNATIONAL DEVELOPMENT ASSOCIATION 2 Floor, 06700, Gaziosmanpasa ANKARA - TURKEY February 22, 2013 Mr. Evren Dilekli Acting General Director The Undersecretariat of Treasury Inonu Bulvari No. 36 Emek 06510 Ankara Turkey Dear Mr. Dilekli: Re: Land Registry and Cadastre Modernization Project (Loan No. 7537-TU) Reallocation of Loan Proceeds and Extension of Closing Date Pursuant to your letter dated October 23 and email dated October 31, 2012, requesting us to reallocate the Loan proceeds and extend the Closing Date of the above-referenced Loan, I am pleased to inform you that the International Bank for Reconstruction and Development (the Bank) concurs with your request. Accordingly, the Bank hereby reallocates the proceeds of the Loan allocated in the table in paragraph 2 of Section IV.A of Schedule 2 to the Loan Agreement dated June 9, 2008, between the Republic of Turkey and the Bank and the revised table is as follows: Amount of the Loan Percentage of Expenditures to be Category Allocated Financed (Expressed in EUR) (inclusive of Taxes) (I) Works 18,950,000 100% (2) Goods 4,300,000 100% (3) Technical Services 106,100,000 100% (4) Consultants' Services 3,350,000 100% (5) Training and 1,910,000 100% Workshops (6) Operating Costs 390,000 100% (7) Interest Rate Cap or 0 Amounts payable pursuant to Collar Premium Section 2.07 (c) of this Agreement (8) Unallocated 0 TOTAL AMOUNT Furthermore, the Bank has established December 31, 2014 as the later date for purposes of paragraph 2 of Section IV.B of Schedule 2 to said Loan Agreement. Sincerely, INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVEL PMENT By Martin Raiser Director Turkey Country Unit Europe and Central Asia Region Cleared with and bec: Team Leader, Country Lawyer and Finance Officer