(a) Original Proceeding

• Claimant(s)/Nationality(ies): (i)
  IBM World Trade Corp. (U.S.)
• Respondent(s):
  Republic of Ecuador (Ecuadorian)
• Date Registered:
  September 6, 2002
• Date of Constitution of Tribunal:
  April 15, 2003

Composition of Tribunal

• President:
  Rodrigo JIJÓN LETORT (Ecuadorian) - Appointed by the Parties
• Arbitrators:
  Alejandro PONCE MARTÍNEZ (Ecuadorian) - Appointed by the Parties
  León ROLDÓS AGUILERA (Ecuadorian) - Appointed by the Parties

Party Representatives

• Claimant(s):
  Agent, IBM World Trade Corporation, Quito, Ecuador
• Respondent(s):
  Procurador General del Estado, Quito, Ecuador
• Language(s) of Proceeding:
  Spanish
• Status of Proceeding:
  Concluded
• Outcome of Proceeding:
  Settlement agreed by the parties and settlement recorded at their request in the form of an award (Award embodying the parties' settlement agreement rendered on July 22, 2004, pursuant to ICSID Arbitration Rule 43(2)).