OFFICIAL
DOCU MENTS
LOAN NUMBER 8916-BR
Guarantee Agreement
(SABESP - Improving Water Service Access and Security
in the Metropolitan Region of SAo Paulo Project)
(Programa de Sustentabilidade e Inclusdo aos ServiVos de Saneamento e PreservaVdo
da Agua para Abastecimento Piblico na RMSP - Regido Metropolitana de Sdo Paulo
Programa Saneamento Sustentdvel e Inclusivo - SABESP)
between
FEDERATIVE REPUBLIC OF BRAZIL
and
INTERNATIONAL BANK FOR RECONSTRUCTION
AND DEVELOPMENT


LOAN NUMBER 8916-BR
GUARANTEE AGREEMENT
AGREEMENT entered into between FEDERATIVE REPUBLIC OF BRAZIL
("Guarantor") and INTERNATIONAL BANK FOR RECONSTRUCTION AND
DEVELOPMENT ("Bank") ("Guarantee Agreement") in connection with the Loan Agreement of
the Signature Date between the Bank and COMPANHIA DE SANEAMENTO BASICO DO
ESTADO DE SAO PAULO ("Borrower" or "SABESP"), concerning Loan No. 8916-BR ("Loan
Agreement"). The Guarantor and the Bank hereby agree as follows:
ARTICLE I - GENERAL CONDITIONS; DEFINITIONS
Section 1.01. The General Conditions (as defined in the Appendix to the Loan Agreement)
apply to and form part of this Agreement.
Section 1.02. Unless the context requires otherwise, the capitalized terms used in this
Agreement have the meanings ascribed to them in the General Conditions or in the Loan
Agreement.
ARTICLE II - GUARANTEE
Section 2.01. The Guarantor hereby unconditionally guarantees, as primary obligor and not
as surety merely, the due and punctual payment of all Loan Payments payable by the Borrower
pursuant to the Loan Agreement.
ARTICLE III - REPRESENTATIVE; ADDRESSES
Section 3.01. The Guarantor's Representative is its Minister of Finance.
Section 3.02. For purposes of Section 10.01 of the General Conditions: (a) the Guarantor's
address is:
Minist6rio da Fazenda
Procuradoria Geral da Fazenda Nacional
Esplanada dos Minist6rios, Bloco "P" - 80 andar
70048-900 Brasilia, DF
Brazil; and
(b) the Guarantor's Electronic Address is:
Facsimile:           E-mail:
(55-61) 3412-1740    apoiocof.df.pgfi@pgfn.gov.br
Section 3.03. For purposes of Section 10.01 of the General Conditions: (a) the Bank's
Address is:


International Bank for Reconstruction and Development
1818 H Street, N.W.
Washington, D.C. 20433
United States of America; and
(b) the Bank's Electronic Address is:
Telex:               Facsimile:           E-mail:
248423(MCI) or       1-202-477-6391       mraiser@worldbank.org
64145(MCI)
AGREED as of the later of the two dates written below.
FEDERATI REPUBLI F BRAZIL
By
Authorize Represent *v
ame:         'Q V\&
Title:  /41 OLwl          C1                       -
Date: 01/ L/ Y____o
INTERNATIONAL BANK FOR
RECONSTRUCTION AND DEVELOPMENT
By
Authorized Representative
Name:                    9     2
Title:                   U)       Of
Date:                    (
-2-


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