Kosovo C 5th PSC Meeting Decision 26 October 06

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MNiSTRIA E "''''GllS[ DHEMiNifRAVE MiNISTARSTVO [N[RGUE i RUD,\RSTVA

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ANDMINING MiNiSTRY OFEHERGY

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UNMIK INSTITUCIONET E PERKOHSHME TE VETEQEVERlSJES PRIVREMENE INSTITUCIJE SAMOUPRA VLJANJA PROVISIONAL INSTITUTIONS OF SELF-GOVERNMENT QEVERIA E KOSOVES Ministria e Energjise dhe Minierave

GOVERNMENT OF KOSOVO Ministry of Energy and Mining

VLADA KOSOV A Ministarstvo Energije i Rudarstva

The Minister October 26, 2006 Subject: The 5thProject Steering Committee Decisions

Following the (i) publication of Request for Expression of Interest (EOI) PreQualification Memorandum for the Development of a New Lignite Mining Facility and Associated New Electric Generating and Associated Transmission Capacity, and Rehabilitation of Existing Generators on August 15, 2006; (ii) feedback from participants of the International Investors' Conference held on October 10-11, 2006 and (iii) receipt of written comments/suggestion from numerous interested parties, a two session Project Steering Committee meeting was held on dates October 20 and October 26, among others, to review and reconsider the Pre-qualifications criteria and deadline for submission of EOI. The PSC has unanimously decided on following changes: 1. The criterion no. 2 should be amended to "Has raised more than f2 billion of limited recourse project debt or through long term corporate financing as of 30 November 2006 in the energy and/or mining sector; or has a minimum off 2 billion in free cash reserves, as stated in the year-end 2005 audited financial statements" . 2. The criterion no. 4 should be amended to "Has control of or operates one or more generation companies and/or concessions with an aggregate capacity of at least 10,000 MW as of November 30, 2006" 3. The new deadline for submitting the credentials for Pre-qualification (EOI), is November 30, 2006. The official language of the project is English therefore the documents should be in English as well. 4. The deadline for payment of Due Diligence Fee of Five Thousand Euros (€5,000) is November 30, 2006. Due diligence will commence with the opening ofthe Data Room on December 1,2006.

Respectfully yours,

Ethem Ceku Minister and Chairman of the Project ~teering Committee 1


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