Second Open Letter to EBRD Ex. Directors - Regarding Tbilisi Water Improvement Project (February 14,2008)

We would like to draw your attention to the Euro 25 million Tbilisi Water Supply Improvement Project[1], approved by the EBRD on July 10, 2007 and the subsequent significant changes concerning the rationale for the project, and to ask the EBRD to withdraw its approval for the project.