The World Bank                             I   18 H Sreet N.W.          (202) 473-1000
INTERNATIONAL BA. K FOR RECONSTRUCTION AND DEVE oPMr  shin n, D.C. 20433  Cable Address: INTBAFRAD
INTERNATIONAL DE VELOPMENT ASSOCIATION                                    Cable Address: INDEVAS
Date: 4
Cons. Amb. Mauro Massoni
Head of the Multilateral Cooperation Office
Italian Ministry of Foreign Affairs
Development Cooperation
Financial Cooperation Office
00 135 Roma, Italy
Amendment to the Trust Find Administration Agreement between the Republic
of Italy, acting through the Ministry of Foreign Affairs and the International
Bank for Reconstruction and Development and the International Development
Association concerning the Public-Private Infrastructure Advisory Facility
(PPIAF) Trust Fund II (TF No. 053980)
De.r Cons. Amb. Massonil:
1.    We refer to the Trust Fund Administration Agreement between the Republic of
Italy, acting through its Ministry of Foreign Affairs (the "Donor"), and the International
Baik for Reconstruction and Development ("IBRD") and the International Development
As 3ociation ("IDA") (collectively, the "Bank"), regarding the Public-Private
Infrastructure Advisory Facility ("PPIAF") Trust Fund II (TF No. 053980) (the "Trust
Fund") dated August 14, 2008, as amended (the "Administration Agreement").
2.     Pursuant to recent discussions between the Bank and the Donor, the Bank
prcposes to amend paragraph 10.1 of Annex 2 (Standard Provisions Applicable to the
Trust Fund) of the Administration Agreement to extend the closing date to October 31,
20 6. Accordingly, the first sentence of paragraph 10.1 of Annex 2 shall be amended to
read as follows:
"It is expected that the Contribution funds will be fully disbursed by the Bank in
accordance with the provisions of this Agreement by October 31, 2016."
3.    All other terms of the Administration Agreement shall remain the same.
4.    The Bank will disclose this amendment and related information on this Trust
Fund in accordance with the World. Bank Policy on Access to Information. By entering
into this amendment, the Donor consents to disclosure of this amendment and related
information on this Trust Fund.


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5.    We propose that this letter shall constitute an amendment to the Administration
Agreement between the Bank and the Donor. Please confirm your acceptance to the
foregoing, on behalf of the Donor, by signing and dating the two originals, retaining one
original for your records and returning the other original to the Bank. Upon receipt by the
Bank of such agreements in writing by all Donors contributing to this Trust Fund, the
amendment to the Administration Agreement will become effective as of the last date of
the agreements by the Donors. The Bank shall promptly notify the Donor when the
amendments become effective.
Sincerely,
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT
INTERNATIONAL DEVELOPMENT ASSOCIATION
AZou'ida Allaoua
Director
Finance, Economics and Urban Development Department
Sustainable Development Network
CONFIRMED AND AGREED:
REPUBLIC OF ITALY
through the MINISTRY OF FOREIGN AFFAIRS
By:                                                 Date:
Ato   zed Repre  tative
Narne: Cons. Amb. Mauro Massoni
Title: Head of the Multilateral Coc,peration Office
Italian Ministry of Foreign Affairs
Development Cooperation
Financial Cooperation Office