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A.I.D. LOAN NO. 497-V-061 A.I.D. PROJECT NO. 497-0296

AMENDMENT NO. l TO

LOAN AGREEMENT

BE'rWEEN THE

REPUBLIC OF INDONESIA

AND THE

UNITED STATES OF AMERICA

FOR

EDUCATION COMMUNICA'rIONS DEVELOPMENT

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Dated:

Jul y 26 , 1984

This AMENDMENT NO. 1, is entered into between the REPUBLIC OF

INDONESIA ("Borrower " ) and the UNI 'fED S'11_{ATES OF AMERICA, acting}

through the AGENCY FOR INTERNATIONAL DEVELOPMENT ("A.I.D.")

WHEREAS, the Borrower and A.I.D. entered into an Educational Communications Development Loan Agreement, designated as A.I.D. Loan

No. 497-V-061 on April 28, 1980 ( "Loan Agreement"), whereby A.I.D.

agreed to lend to the Borrower up to Four Million United States

("U.S.") Dollars ($4,000,000) ("Loan");

WHEREAS, the Borrower and A.I.D. now agree that the objectives

of the Project may be accomplished with a reduction in the Loan of

$190,000;

NOW THEREFORE, the Borrower and A.I.D . hereby agree as follows:

1. 'rhe first sentence in the first paragraph of Section 3.1 is

revised to read as follows:

"Section 3.1. The Loan . To assist the Borrower to meet the

costs of carrying out the Project, A.I.D., pursuant to the Foreign

Assistance Act of 1961, as amended, agrees to lend the Borrower

under the terms of this Agreement not to exceed Three Million Eight

Hundred and Ten Thousand United States ("U.S.") Dollars ($3,810,000)

("Loan").

2. A revised financial plan is attached as Annex I to this

Amendment .

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3. Except as hereinabove expressly amended, the Loan Agreement is ratified, confirmed and continued in full force and effect in

accordance with all of its terms.

IN WITNESS WHEREOF, the Borrower and the United States of

America, each acting through its respective duly authorized

representative, have caused this Amendment No. 1 to be signed in

their names and delivered as of the day and year first above written.

REPUBLIC OF INDONESIA

Signed

Atmono Suryo M.A. Director General

for Foreign Economic Relations Department of Foreign Af faris

UNITED STATES OF AMERICA

Signed

William P. Fuller Director

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...

,

A N N E X I

EDUCATION COMMUNICATIONS DEVELOPMEN·r PROJEC'r NO. 497-0296, LOAN NO. 497-V-061

REVISED FINANCIAL PLAN ($000)

A I D

-\

I

ALL YEARS

I

LOAN

I

GRANT

I

GO!

I

T 0 T A L

I

FX

I

LC

I

FX

I

LC

I

1. Technical Assistance

I

-

I

-

I

2,000

I

-

I

-

I

2,000

I

2. Local Technicians

I

-

I

-

I

-

I

-

I

7 50

I

7 50

I

925

I

-

I

-

I

-

I

860

I

1,785

I

3. Training

a. In-Country

b. Overseas

I

4. Commodities

I

2, 415

I

-

I

-

I

-

I

600

I

3, 015

I

5. Land & Construction

I

-

I

-

I

-

I

-

I

1,600

I

1,600

I

6. Other costs

I

220

I

250

I

-

I

-

I

830

I

1,300

I

-

I

-

I

360

I

3 6 0

I

7. Contingency

I

T 0 TA L

I

3,560

I

250

I

2,000

I

-

I

5,000

I

10,810

I