0000950134-05-016051 Sample Contracts

FIRST AMENDMENT TO CREDIT AGREEMENT
Credit Agreement • August 15th, 2005 • Telecomunicaciones De Puerto Rico Inc • Telephone communications (no radiotelephone) • Puerto Rico

FIRST AMENDMENT (this “First Amendment”) dated June 30, 2005 to the Revolving Credit Agreement dated as of June 30, 2004 (the “Credit Agreement”) among TELECOMUNICACIONES DE PUERTO RICO, INC., a Puerto Rico corporation (the “Borrower”), PUERTO RICO TELEPHONE COMPANY, INC., a Puerto Rico corporation (“PRTC” or the “Guarantor” and collectively with each Significant Subsidiary, the “Guarantors”), the banks, financial institutions and other institutional lenders (the “Lenders”) listed on the signature pages hereof, BANCO POPULAR DE PUERTO RICO (“Banco Popular”), a Puerto Rico banking institution, as administrative agent (in such capacity, the “Administrative Agent”) for the Lenders.

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