In the filial submissions contained in its ~vritten Observatioii~ of July 28th, 1949, and maintained in

its oral state~neiit of November 17th, 1949, the 'C7iiited Iiiiigdom Go\.t~riirncnt estimates 8

the damage sustained by the total loss of the destroyer Snunzare,- at £ 700,087 ; this sum represents
the replacement value of the ship at the time of its loss in 1946 (after deducting the value of usable
parts-equipment, scrap), and the value of stores that must be considered as lost.

The experts, for their part, estimated the whole of this damage at a somewhat higher figure, L
716,780.

The Court considers the true measure of compensation in the present case to be the replacement
cost of the Saztmarez at the time of its loss. The Court is of the opinion that the amount of
compensation claimed by the united Kingdom Government has been justified. It cannot award more
than the amount claimed in the submissions of the United Kingdom Government.