1. www.gmp.at GRAF & PITKOWITZ RECHTSANWÄLTE GMBH ATTORNEYS AT LAW Panel Commercial Dispute Resolution Dr. Nikolaus Pitkowitz M.B.L.-HSG Vienna June 27, 2008 Third CIS Local Counsel Forum

2. www.gmp.at GRAF & PITKOWITZ RECHTSANWÄLTE GMBH ATTORNEYS AT LAW What major corporations think about Arbitration  Preferred Dispute Resolution Method  Effective in Practice  Efficient Enforcement  Corporations prefer Institutions  Regional Arbitration centers gaining importance Source: International Arbitration Study 2008 by PwC and Queen Mary University

3. www.gmp.at GRAF & PITKOWITZ RECHTSANWÄLTE GMBH ATTORNEYS AT LAW International Arbitration Institutions Institution Cases 2003-2007 AAA/ICDR incl. Domestic3,047 ICC2,859 ICAC (Ukraine) incl. Domestic1,659 SCC incl. Domestic 703 LCIA 549 DIS incl. Domestic 415 Vienna (VIAC) 225 Swiss Chambers 214 Source: International Arbitration Study 2008 by PwC and Queen Mary University

4. www.gmp.at GRAF & PITKOWITZ RECHTSANWÄLTE GMBH ATTORNEYS AT LAW European Mediation Directive 2008 - Facilitate access to dispute resolution. - Promote the amicable settlement of disputes.  Quality Control (Training, Code of Conduct)  Court “invited” Mediation  Enforceability of Settlement Agreements  Confidentiality  Suspension of limitation or prescription periods