Swiss Rules of International Arbitration (Swiss Rules)

January 2006

Table of Contents

Page

Model Arbitration Clause 4Introduction 4I. Introductory rules 5Scope of application 5Notice, calculation of periods of time 5Notice of arbitration and Answer to the notice of arbitration 6Consolidation of arbitral proceedings (joinder), participation of third parties 8II. Composition of the arbitral tribunal 8Confirmation of arbitrators 8Number of arbitrators 9Appointment of a sole arbitrator 9Appointment of arbitrators in bi-party or multi-party proceedings 9Independence and challenge of arbitrators 10Replacement of an arbitrator 11Consequences of the replacement of an arbitrator 11III. Arbitral proceedings 11General provisions 11Seat of the arbitration 12Language 12Statement of Claim 12Statement of Defence 13Amendments to the Claim or Defence 13Pleas as to the jurisdiction of the arbitral tribunal 14Further written statements 14Periods of time 14Evidence and hearings 14Interim measures of protection 15Tribunal-appointed experts 15Default 16Closure of proceedings 16Waiver of rules 16IV. The Award 17Decisions 17Form and effect of the award 17Applicable law, amiable compositeur 17Settlement or other grounds for termination 18Interpretation of the award 18Correction of the award 18Additional award 18Costs 19Deposit of costs 20V. Expedited Procedure 21

VI. Confidentiality and exclusion of liability 22Appendix A: Addresses of the Chambers of Commerce 23Appendix B: Schedule of the Costs of Arbitration 25Appendix C: Arbitrators' fees 28