RENEWABLE ENERGY, CLIMATE CHANGE …

1 Paris, 09 August 2018. RENEWABLE ENERGY, CLIMATE CHANGE MITIGATION AND ADAPTATION, AND WATER PROJECTS. NUCLEAR POWER plants . Changes in Minimum Commercial Interest Reference Rates (CIRRs). 1 The Arrangement for Officially Supported Export Credits (the Arrangement) stipulates that minimum interest rates shall apply to official financing support for export credits. The minimum interest rates are the relevant Commercial Interest Reference Rates (CIRRs), according to the currencies being used. 2 CIRRs are set on the 15th of each month (the previous month's rates are provided in the last two columns). Currency of country Repayment Terms New plants 1(a) 1(b) All Other New plants 1(a) 1(b) All Other Contracts2 Contracts2. 15/08/2018 to 14/09/2018 15/07/2018 to 14/08/2018. Canadian Dollar < 11 years CIRR according to article 20 of the Arrangement 11 to 12 years > 12 to 13 years > 13 to 14 years > 14 to 15 years > 15 to 16 years > 16 to 17 years > 17 to 18 years Czech Koruna < 11 years CIRR according to article 20 of the Arrangement 11 to 12 years > 12 to 13 years > 13 to 14 years > 14 to 15 years > 15 to 16 years > 16 to 17 years > 17 to 18 years Danish Krone < 11 years CIRR according to article 20 of the Arrangement 11 to 12 years > 12 to 13 years > 13 to 14 years > 14 to 15 years > 15 to 16 years > 16 to 17 years > 17 to 18 years Japanese Yen < 11 years CIRR according to article 20 of the Arrangement 11 to 12 years > 12 to 13 years > 13 to 14 years > 14 to 15 years > 15 to 16 years > 16 to 17 years > 17 to 18 years CCSU and NSU interest

2 Rates : 1. Paris, 09 August 2018. RENEWABLE ENERGY, CLIMATE CHANGE MITIGATION AND ADAPTATION, AND WATER PROJECTS. NUCLEAR POWER plants . Changes in Minimum Commercial Interest Reference Rates (CIRRs). 1 The Arrangement for Officially Supported Export Credits (the Arrangement) stipulates that minimum interest rates shall apply to official financing support for export credits. The minimum interest rates are the relevant Commercial Interest Reference Rates (CIRRs), according to the currencies being used. 2 CIRRs are set on the 15th of each month (the previous month's rates are provided in the last two columns). Currency of country Repayment Terms New plants 1(a) 1(b) All Other New plants 1(a) 1(b) All Other Contracts2 Contracts2. 15/08/2018 to 14/09/2018 15/07/2018 to 14/08/2018.

3 New Zealand Dollar < 11 years CIRR according to article 20 of the Arrangement 11 to 12 years > 12 to 13 years > 13 to 14 years > 14 to 15 years > 15 to 16 years > 16 to 17 years > 17 to 18 years Norwegian Krone < 11 years CIRR according to article 20 of the Arrangement 11 to 12 years > 12 to 13 years > 13 to 14 years > 14 to 15 years > 15 to 16 years > 16 to 17 years > 17 to 18 years Swedish Krona < 11 years CIRR according to article 20 of the Arrangement 11 to 12 years > 12 to 13 years > 13 to 14 years > 14 to 15 years > 15 to 16 years > 16 to 17 years > 17 to 18 years Swiss Franc < 11 years CIRR according to article 20 of the Arrangement 11 to 12 years > 12 to 13 years > 13 to 14 years > 14 to 15 years > 15 to 16 years > 16 to 17 years > 17 to 18 years CCSU and NSU interest rates : 2.

4 Paris, 09 August 2018. RENEWABLE ENERGY, CLIMATE CHANGE MITIGATION AND ADAPTATION, AND WATER PROJECTS. NUCLEAR POWER plants . Changes in Minimum Commercial Interest Reference Rates (CIRRs). 1 The Arrangement for Officially Supported Export Credits (the Arrangement) stipulates that minimum interest rates shall apply to official financing support for export credits. The minimum interest rates are the relevant Commercial Interest Reference Rates (CIRRs), according to the currencies being used. 2 CIRRs are set on the 15th of each month (the previous month's rates are provided in the last two columns). Currency of country Repayment Terms New plants 1(a) 1(b) All Other New plants 1(a) 1(b) All Other Contracts2 Contracts2. 15/08/2018 to 14/09/2018 15/07/2018 to 14/08/2018. UK Pound < 11 years CIRR according to article 20 of the Arrangement 11 to 12 years > 12 to 13 years > 13 to 14 years > 14 to 15 years > 15 to 16 years > 16 to 17 years > 17 to 18 years US Dollar < 11 years CIRR according to article 20 of the Arrangement 11 to 12 years > 12 to 13 years > 13 to 14 years > 14 to 15 years > 15 to 16 years > 16 to 17 years > 17 to 18 years Euro < 11 years CIRR according to article 20 of the Arrangement 11 to 12 years > 12 to 13 years > 13 to 14 years > 14 to 15 years > 15 to 16 years > 16 to 17 years > 17 to 18 years NOTES.

5 A premium of per cent is to be added to the CIRRs when fixing at bid. Interest rates may not be fixed for longer than 120. days. 1(a). For Hydro-power Projetcs, as per the definition of the International Commission on Large Dams (ICOLD). ICOLD defines a large dam as a dam with a height of 15m or more from the foundation. Dams that are between 5 and 15m high and have a reservoir volume of more than 3 million m3 are also classified as large dams. 1(b). Regarding the Nuclear Power Stations, Article )1) of Annex II of the Arrangement refers. 2 Regarding the Nuclear Power Stations, Articles )2)-4) of Annex II of the Arrangement refer. 3 For all the currencies under 11 years the CIRR according to article 20 of the Arrangement applies. Organisation for Economic Co-operation and Development, 2 rue Andr -Pascal, 75775 Paris Cedex 16, France Tel.

6 (33) 1 45 24 82 00 - Fax. (33) 1 45 24 85 00 Internet: General Inquiries: Tel. (33) 1 45 24 89 11 - Fax. (33)1 44 30 61 58 e-mail: CCSU and NSU interest rates : 3.