oil fund

STATE OIL FUND OF THE REPUBLIC OF AZERBAIJAN

The Decree of the President of the Republic of Azerbaijan on the Amendments to the Decree No. 570 dated December 29, 2011 on the “Budget of the SOFAZ for 2012” (09.02.2012)

According to thearticle 109, paragraph 32 of the AR Constitution, aiming at timely execution of settlement projects of the refugees and internally displaced persons it is hereby decreed:

To make following amendments to the Decree No. 570, dated December 29, 2011, of the President of the Republic of Azerbaijan on the "Approval of the Budget of the State Oil Fund of the Republic of Azerbaijan for 2012" :

1.To replace the figure "10 561304.0" with the figure "10 751304.0" in the first part;

2. To replace the figure "110000.0" with the figure "300 000.0" in paragraph 3.1 of the table in the third part and to replace the figure "10561304" in the row of total expenditures with the figure "10 751304.0".

Ilham Aliyev,

The President of the Republic of Azerbaijan

Baku, February 8, 2012