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12. อนุญาโตตุลาการ

* The "Arbitrator's Fees" do not include the expenses of the arbitrator,

such as travel cost, or taxes such as Value Added Tax, nor do they

include for the cost of experts which the Tribunal may retain to assist

it.

* The "Arbitrator's Fees" are distinct from the legal fees of each party

to the arbitration.

Especially when considering the power of the Tribunal to award costs

against a losing party, it is important for the user to remember that

this power extends not only to the Arbitrator's Fees and the ICC

"Administrative Expenses" but also to the winning party's legal fees

and expenses, which often much exceed the Arbitrator's Fees and

the ICC "Administrative Expenses". This risk should be fully discussed

by a user with the user's own legal advisors before commencing

arbitration. (This area of risk applies not only to ICC arbitration but

also to international commercial arbitration generally.

12-14

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