ENGLISH

Schedule of Conciliation and Arbitration Costs

1

Costs of conciliation

a) The administrative expenses for a conciliation procedure shall be fixed at one quarter of the amount calculated in accordance with the scale of administrative expenses hereinafter set out. Where the sum in dispute in a conciliation procedure is not stated, the Secretary General of the International Court of Arbitration shall fix the administrative expenses at his discretion.

b) The fee of the conciliator to be paid by the parties shall be fixed by the Secretary General of the Court. Such fee shall be reasonable in amount, taking into consideration the time spent, the complexity of the dispute and any other relevant circumstances.

2

Costs of arbitration

a) The advance on costs fixed by the International Court of Arbitration comprises the fee(s) of the arbitrator(s), any personal expenses of the arbitrator(s) and the administrative expenses.

b) The submission of any claim or counterclaim to the arbitrator(s) shall be made only after at least half of the advance on costs fixed by the Court has been satisfied. Terms of Reference shall only become operative and the arbitrator(s) shall only proceed in respect of those claims and counterclaims for which the totality of the advance on costs fixed by the Court has been satisfied .

c) The Court shall fix the administrative expenses of each arbitration in accordance with the scale hereinafter set out or, where the sum in dispute is not stated, at its discretion. If exceptional circumstances so require, the Court may fix the administrative expenses at a lower figure than that which would result from application of said scale.

d) Subject to Article 20(3) of the ICC Rules of Arbitration, the Court shall fix the fee(s) of the arbitrator(s) in accordance with the scale hereinafter set out or, where the sum in dispute is not stated, at its discretion.

e) When a case is submitted to more than one arbitrator, the Court, at its discretion, shall have the right to increase the total fees up to a maximum of three times the fee payable to one arbitrator.

f) When arbitration is preceded by attempted conciliation, one half of the administrative expenses paid in respect of the said attempt shall be credited to the administrative expenses of the arbitration.

g) Before any expertise can be commenced, the parties, or one of them, shall pay an advance on costs fixed by the arbitrator(s) sufficient to cover the expected fee and expenses of the expert as determined by the arbitrator(s).

3

Advance on administrative expenses

a) Each party to a dispute submitted to conciliation under the Rules of Optional Conciliation of the ICC is required to make an advance payment of US $500 on the administrative expenses.

b) Each request to open an arbitration pursuant to the ICC Rules of Arbitration must be accompanied by an advance payment of US $2,000 on the administrative expenses.

c) No request for conciliation or arbitration will be entertained unless accompanied by the appropriate payment. This payment is not recoverable and becomes the property of the ICC. Such payment by a party shall be credited to its portion of the administrative expenses for the conciliation or arbitration, as the case may be.

4

Appointment of arbitrators

A registration fee of US $1,000 is payable by the requesting party in respect of each request made to the ICC to appoint an arbitrator for any arbitration not conducted under the ICC Rules of Arbitration. No request for appointment of an arbitrator will be entertained unless accompanied by said fee, which is not recoverable and becomes the property of the ICC.

Such fee shall cover any additional services rendered by the ICC regarding the appointment, such as decisions on a challenge of the arbitrator and the appointment of a substitute arbitrator.

5

Scales of administrative expenses and of arbitrator's fees

To calculate the administrative expenses and the arbitrator's fees, the amounts calculated for each successive slice of the sum in dispute must be added together, ( *) (**) except that where the sum in dispute is over US $50 million, a flat amount of US $50,500 shall constitute the entirety of the administrative expenses.

A. Administrative Expenses

(*) For illustrative purposes only, the table on the following page indicates the resulting administrative expenses in US$ when the proper calculations have been made.

B. Arbitrator's Fees

(**) For illustrative purposes only, the table on the following page indicates the

resulting range of fees when the proper calculations have been made.

(*)(**) See preceding page