1. Pursuant to Procedural Order No. 2, the Tribunal granted the Respondent an extension of 45 days for the submission of its Statement of Defense and requested the Parties to negotiate in good faith such amendments to the procedural calendar as necessary to take into account the above extension without rendering it necessary to postpone the oral hearing already scheduled. The Tribunal indicated that, if no agreement was reached by the Parties within 30 days, the Tribunal would adapt the procedural calendar on the following assumptions:

(a) The Claimants shall not suffer any reduction in the period granted for its Reply; and

(b) The oral hearing will take place, as previously scheduled, from 1 to 10 April 2013.

2. By letter dated 2 August 2012, the Claimants informed the Tribunal that the Parties had failed to agree on the necessary amendments to the procedural calendar and proposed an amended procedural calendar respecting the Tribunal’s directions.

3. The Tribunal has to date not received any communication from the Respondent in response to Procedural Order No. 2 or the Claimants’ letter.

4. Therefore it is decided that the procedural calendar shall be as follows: