THE WORLD BANK Bouchard 547, 29th floor Tel.: (54-11) 4316-9700 /44 BRD*IDA I WM iAUP C1106ABG Fax: (54-11) 4313-1233 .fAwa .t at ut6noa de Buenos Aires LadnflWe~S&wCSIbbS~ (V IC~Re public DOCUMENTS 9*- - ,2017 Mr. Luis Caputo Minister of Finance Ministry of Finance Hip6lito Yrigoyen 250 1310 Buenos Aires, Argentina Re: ARGENTINA: Loan No. 7706-AR (Matanza-Riachuelo Basin Sustainable Development Project) Amendment to the Loan Agreement Dear Minister, We refer to the Loan Agreement between the Argentine Republic (the "Borrower") and the International Bank for Reconstruction and Development (the "Bank"), dated August 25, 2009, as amended (the "Loan Agreement") for the above- captioned Project. Please note that capitalized terms used in this letter ("Amendment Letter") and not defined herein have the meaning ascribed to them in the Loan Agreement. In response to the letter DNPOIC No. 13, dated January 10, 2017 and our recent conversations with respect to Part 2(f) of the Project, the Bank hereby proposes to amend the Loan Agreement as follows: 1. Part 2(f) of the Project under Schedule 1 to the Loan Agreement is hereby amended in its entirety to read as follows: "(f) Construction of an industrial wastewater treatment plant and a tanneries industrial park for the Municipality of Lanus, in the Province of Buenos Aires, including the supervision of works." 2. The table set forth in Section IV.A.2 of Schedule 2 to the Loan Agreement is heyeby amended in its entirety to read as set forth in attachment I to this Amendment Letter. -2- All other provisions of the Loan Agreement, except as amended herein, shall remain in full force and effect. Please confirm your agreement with the foregoing, on behalf of the Borrower, by signing and dating two originals of this Amendment Letter and returning one fully signed original to us. The amendment set forth in this Amendment Letter will become effective as of the date of your countersignature, upon receipt by the Bank of one fully countersigned original of this Amendment Letter. Sincerely, INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT By ,J Jesko Hentschel Director Argentina, Paraguay and Uruguay Latin America and the Caribbean Region AGREED AND CONFIRMED: ARGENTINE REPUBLIC By: I (Autho ized Representative) Name: LUIS ANDRtS CAPUTO MINISTRO DE FINANZAS Title: D3 SEP 2017 Date: ACUERDO MF No 41/2017 -3- Attachment I Category Amount of the Loan Percentage of Allocated Expenditures to be (expressed in USD) financed (inclusive of Taxes) (1) Works under Part 1 (a) 599,012,000 100% of the Project (2) Consultants' services, 20,000,000 100% goods and Training under Part 1 (b) of the Project (3) Works, goods and/or 500,000 100% of the amounts consultants' services disbursed under the under CRI Subprojects relevant CRI Grant (4) Eligible Expenditures 4,100,000 100% for Parts 2 (a) through (d) and 3(a) through (f) of the Project (5) Eligible Expenditures 6,320,000 100% for Part 4 of the Project (6) Unallocated 0 (7) Front-end Fee 2,100,000 Amount payable pursuant to Section 2.03 of this Agreement in accordance with Section 2.07 (b) of the General Conditions (8) Premia for Interest 0 Amounts payable Rate Caps and Interest pursuant to Section 2.07 Collars (c) of this Agreement (9) Works and 86,000,000 100% consultants' services under Parts 2(f) and 3(g) of the Project TOTAL AMOUNT 718.032,000 너’i&.: