OFFICIAL.
DOCUMENTS
LOAN NUMBER 8349-TR
Guarantee Agreement
(Additional Loan for Gas Sector Development Project)
between
REPUBLIC OF TURKEY
and
INTERNATIONAL BANK FOR RECONSTRUCTION
AND DEVELOPMENT
Dated OCTOSEA    2 ,2014


LOAN NUMBER 8349-TR
GUARANTEE AGREEMENT
AGREEMENT, dated     OCTo65EA        2   , 2014, entered into between the
Republic of Turkey ("Guarantor") and the INTERNATIONAL BANK FOR
RECONSTRUCTION AND DEVELOPMENT ("Bank") ("Guarantee Agreement") in
connection with the Loan Agreement of same date between the Bank and the BORU
HATLARI ILE PETROL TA$IMA A.$. ("Borrower") ("BOTA$ 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) constitute an integral 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
BOTA$ Loan Agreement.
ARTICLE II - GUARANTEE
Section 2.01. Without limitation or restriction upon any of its other obligations
under the Guarantee Agreement, 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 BOTA$ Loan Agreement.
ARTICLE III
Other Covenants
Section 3.01. The Guarantor shall, through the relevant agencies, take measures
necessary to ensure satisfactory implementation of the Project.


ARTICLE IV - REPRESENTATIVE; ADDRESSES
Section 4.01. The Guarantor's Representative is the Undersecretary of Treasury.
Section 4.02. The Guarantor's Address is:
Basbakanlik
Hazine Mustesarligi
Inonu Bulvai
Emek-Ankara
Turkey
Facsimile:
(90) (312) 204-7366
(90) (312) 204-7367
Section 4.03. The Bank's Address is:
International Bank for
Reconstruction and Development
1818 H Street, N.W.
Washington, D.C. 20433
United States of America
Cable:              Telex:              Facsimile:
INTBAFRAD           248423 (MCI) or     (202) 477-6391
Washington, D.C.     64145 (MCI)
2


AGREED at Ankara, Turkey, as of the day and year first above written.
REPUBLIC OF TURKEY
Byy_
V      Authorized Representative
Name:         Lecnt EREN
Title: Acting Deputy Director General
INTERNATIONAL BANK FOR
RECONSTRUCTION AND DEVELOPMENT
By
Authorized Representative
Name: Z%     ,,4
Title: