This Procedural Order No.1 sets out agreed terms of appointment of the Arbitral Tribunal, and procedural rules that shall govern this arbitration.

I. SUBMISSION OF CLAIMS

1. This arbitration comprises two separate claims, commenced by two separate Notices of Arbitration. The parties have agreed that, for the time being, until resolution of jurisdictional issues, and without prejudice to any future application, the two claims shall be heard concurrently, but not consolidated.

2. The Respondent received Claimant's Notice of Arbitration dated 10 December 2008, on 11 December 2008. The Respondent received Claimant's Notice of Arbitration dated 4 June 2009, on 5 June 2009.

3. By agreement of the parties, the Claimant's application to stay its Notice of Arbitration dated 4 June 2009 has been withdrawn, without waiving its right to reintroduce the same after resolution of the jurisdiction issues.