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Belgrade Stock Exchange 24 April, 2013 D A I L Y O V E R V I E W • Brokerage • Analisys and Reasearch • Mergers and Aqusitions • Corporate servises • Investment consulting • Belex15 Index BelexLine Index Volume Leaders Turnover, m Turnover, m Index Ticker Price % Turnover (RSD) Volume Index 120 1,110 NIIS 982 -0.8% 22,771,604 23,221 120 595 GMON 3,048 -0.7% 7,089,188 2,326 590 100 1,100 100 ENHL 727 1.8% 2,959,775 4,072 585 1,090 AIKB 1,560 0.0% 2,497,560 1,601 80 580 80 1,080 DVCA 290 0.0% 1,307,030 4,507 575 60 60 570 1,070 Gainers 40 565 40 1,060 Ticker Price % Turnover (RSD) Volume 560 LKDN 1,980 20.0% 11,880 6 20 20 1,050 555 MOIN 7,952 15.6% 262,400 33 0 550 0 1,040 NFTA 13,500 12.5% 445,500 33 22-Mar-13 01-Apr-13 11-Apr-13 21-Apr-13 21-Mar-13 31-Mar-13 10-Apr-13 20-Apr-13 SJPT 690 5.8% 361,332 524 Current Index Level 572.15 Current Index Level 1,077.52 ENHL 727 1.8% 2,959,775 4,072 Daily Return 0.01% Daily Return -0.08% Weekly Return -0.28% Weekly Return -0.10% Fallers Monthly Return 0.05% Monthly Return 0.47% Ticker Price % Turnover (RSD) Volume YTD 9.21% YTD 7.16% UNBN 650 -18.8% 35,750 55 52-Week-Return 15.29% 52-Week-Return 10.39% PLTK 15 -16.7% 4,500 300 52-Week-High 586.90 52-Week-High 1,099.21 BIPB 38 -11.6% 15,010 395 52-Week-Low 426.80 52-Week-Low 857.00 ZPKG 11,000 -8.3% 99,000 9 Daily Turnover 36,715,132 Daily Turnover 37,630,283 DNOS 605 -5.5% 20,560 34 3M Daily Average Turnover 49,236,061 3M Daily Average Turnover 54,032,714 YTD Daily Average Turnover 47,093,193 YTD Daily Average Turnover 52,246,019 Belex15 Index Constituents Cap. Price Daily Turnover MCap/ Div. Ticker 1W 1M 3M YTD Open High Low P/B P/E D/E ROA ROE Banking Sector (m EUR) (RSD) Return RSD Assets Yield AIK Banka AIKB 124 1,560 0.0% -0.1% -3.7% -8.9% -0.4% 1,560 1,560 1,560 2,497,560 0.5 3.8 9% 4.8 2.4% 13.8% 0.4% Komercijalna Banka KMBN 121 1,550 -3.1% -7.1% 0.0% 0.0% 10.8% 1,550 1,550 1,550 13,950 0.2 3.3 4% 4.4 1.4% 7.9% 0.0% Jubmes Banka JMBN 21 8,875 0.0% -4.0% -14.6% -18.5% -28.0% 8,875 8,875 8,875 88,750 0.4 14.5 23% 0.2 1.6% 3.0% 0.0% Real Sector P/S Oil Industry of Serbia-NIS NIIS 1,438 982 -0.8% 0.1% 7.3% 19.2% 33.4% 977 988 977 22,771,604 1.2 3.2 0.7 1.2 18.7% 44.0% 0.0% Energoprojekt Holding** ENHL 65 727 1.8% 0.6% 6.9% 20.0% 20.2% 714 740 710 2,959,775 0.6 14.6 0.3 1.3 1.9% 4.5% 0.0% Imlek IMLK 237 3,017 0.0% 0.9% -0.8% -3.5% -5.2% - - - - 2.4 15.2 1.0 1.1 8.1% 16.3% 1.2% Sojaprotein SJPT 92 690 5.8% 8.2% -10.5% -10.7% -6.1% 685 691 685 361,332 0.8 14.9 0.7 0.7 3.6% 5.8% 0.0% Metalac MTLC 21 2,300 -1.2% 0.0% 0.4% 25.1% 32.6% 2,300 2,300 2,300 190,900 0.6 4.4 0.4 0.6 8.9% 14.3% 5.7% Tigar TIGR 3 186 0.0% -7.0% -7.0% -13.5% -13.5% - - - - 0.1 - 0.1 2.3 -5.3% -16.2% 0.0% Airport "Nikola Tesla" AERO 149 485 -0.8% 0.4% -2.8% -3.8% 8.3% 480 485 480 741,195 0.7 22.9 2.6 0.1 2.9% 3.2% 5.9% Alfa-Plam ALFA 13 8,300 0.0% -2.7% 39.5% 56.0% 56.6% - - - - 0.3 1.4 0.4 0.2 19.1% 22.8% 0.0% Veterinarski zavod VZAS 9 439 -0.2% -2.4% -6.8% -14.8% -20.2% 439 439 439 878 0.4 20.6 0.2 0.5 1.3% 1.8% 0.0% Jedinstvo Sevojno JESV 11 4,150 0.0% 0.0% 1.2% -3.5% -8.2% - - - - 0.3 2.0 0.2 0.9 9.0% 15.4% 12.0% Galenika Fitofarmacija FITO 38 3,200 0.0% 0.1% 6.7% 14.3% 28.0% - - - - 1.0 5.3 1.4 0.2 19.0% 21.5% 4.5% Gosa Montaza GMON 784 3,048 -0.7% -5.6% 22.3% 30.1% 27.2% 3,070 3,070 3,000 7,089,188 0.7 2.1 0.3 0.5 21.4% 39.0% 9.8% * total (not weighted average) number of shares used for calculations ** previous year results Jubmes Banka: Price and Moving Averages NIS: Price and Moving Averages Gosa Montaza: Price and Moving Averages Price Price Price Price Price Price Moving Average - 100 Moving Average 100 1,100 3,650 Moving Average - 100 14,000 Moving Average - 50 Moving Average 50 Moving Average - 50 3,450 13,000 1,000 3,250 12,000 900 3,050 11,000 2,850 800 2,650 10,000 700 2,450 9,000 2,250 600 8,000 2,050 7,000 500 1,850 Apr-12 Jun-12 Aug-12 Oct-12 Dec-12 Feb-13 Apr-13 Apr-12 Jun-12 Aug-12 Oct-12 Dec-12 Feb-13 Apr-13 Apr-12 Jun-12 Aug-12 Oct-12 Dec-12 Feb-13 Apr-13 Foreign Savings Bonds Treasury bills, notes and bonds World Indices Country/ Turnover Emision Principal Daily Ticker Price YTM Volume Maturity MMY Realization Stock Simbol Value EUR Date (mlrd RSD) Exchange Change A2013 99.20 8.02% 771 777 3m 07-Mar-13 9.48% 3 83.51% Vienna SRX EUR 180.54 0.03% A2014 95.59 4.17% 1,773 1,855 6m 04-Apr-13 9.39% 3 100.00% A2015 91.56 4.28% 8,017 8,756 12m 09-Apr-13 9.58% 10 100.00% Region Zurich DJS 30 BALKAN 81.55 0.01% A2016 87.34 4.45% 1,175 1,346 18m 12-Dec-12 5.05% EUR 40m 90.30% Slovenia SBITOP 606.12 0.76% 24m 02-Apr-13 10.24% 10 100.00% Croatia CROBEX 1,950.91 0.00% 36m 23-Apr-13 10.49% 10 100.00% Price 9% 60m 16-Apr-13 5.00% EUR 50m 86.62% USA NYSE DJIA 14,719.46 1.05% 125 8% 84m 10-Apr-13 12.25% 5 69.26% NYSE S&P 500 1,578.78 1.04% 8.02% 7% FX , Key and Euribor Rates NASDAQ NASDAQ 3,269.33 1.11% 115 111.3447 Chicago VIX 13.48 -6.32% 4.28% 6% RSD/EUR 120 105 4.17% 4.45% 5% RSD/USD 85.6761 99.20 116 95.59 4% RSD/CHF 90.5094 Europe GB FTSE 100 6,406.10 2.00% 95 91.56 3% Germany DAX 30 7,658.21 2.41% 87.34 112 2% Key Rate 11.75% France CAC 40 3,783.05 3.58% 85 1% 108 RSDEUR 75 0% Euribor 3M 0.207% Asia China SSE COMPOSITE 2,218.32 1.55% A2013 A2014 A2015 A2016 Euribor 6M 0.320% Hong Kong HSI 22,159.50 1.62% 104 Price YTM Euribor 12M 0.520% Apr-12 Aug-12 Dec-12 Apr-13 Japan NIKKEI 225 13,843.46 2.32% D A I L Y C O M M E N T BSE, 23 April 2013 - Indices end mostly higher The blue-chip BELEX15 index of the Belgrade Stock Exchange inched up 0.01% to 572.15 points after gaining 1.01% on Monday. The broader BELEXline index lost 0.08% to 1.077,52 points after adding 1.0% in the previous trading session. The joint SRX index of the bourses in Belgrade and Vienna climbed 0.03% in euro terms to 180.54 after a 1.46% increase on Monday. Total BELEX turnover rose to 41.4 million dinars ($484,680/371,090 euro) from 38.7 million dinars in the previous trading session. Total equity trading amounted to 40 million dinars, which is more than yesterday, but still below the daily average. By far the most traded was NIS (NIIS), which was responsible for more than half of the total turnover of shares with realization of 22.8 million dinars. After yesterday's growth and achievement of the psychological barrier of 1,000 dinars, the price went down to 982 dinars, which is a daily drop of 0.8 percent. Investors seem to have all the attention now focused on the results for the first quarter of this year, which will be released on Friday, April 26. Almost the same percentage decline was experienced by Belgrade Airport "Nikola Tesla" (AERO), which dropped to 485 dinars but with a turnover of 0.7 million dinars, while the Energoprojekt (ENHL) with a turnover of close to 3 million dinars rose by 1.8 percent at 727 dinars.
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    IN THE MATTER OF INVESTMENT DISPUTE UNDER THE AGREEMENT BETWEEN CANADA AND THE REPUBLIC OF SERBIA FOR THE PROMOTION AND PROTECTION OF INVESTMENTS AND UNDER THE AGREEMENT BETWEEN SERBIA AND MONTENEGRO AND THE REPUBLIC OF CYPRUS ON RECIPROCAL PROMOTION AND PROTECTION OF INVESTMENTS RAND INVESTMENTS LTD., WILLIAM ARCHIBALD RAND, KATHLEEN ELIZABETH RAND, ALLISON RUTH RAND AND ROBERT HARRY LEANDER RAND (CANADA) AND SEMBI INVESTMENT LIMITED (CYPRUS) CLAIMANTS – V – THE REPUBLIC OF SERBIA RESPONDENT CONSOLIDATED LIST OF DOCUMENTS 6 March 2020 Prof. Gabrielle Kaufmann-Kohler Mr. Baiju S. Vasani Prof. Marcelo Kohen CLAIMANT´S SUBMISSIONS Document Description Date No. - Notice of Dispute 4 August 2017 - Request for Arbitration 9 February 2018 - Memorial 16 January 2019 - Reply 4 October 2019 Rejoinder on Jurisdiction 6 March 2020 WITNESS STATEMENTS Witness statements submitted with the Request for Arbitration Document Description Date No. - First witness statement of Igor Markicevic 5 February 2018 - First witness statement of William Rand 5 February 2018 - First witness statement of Djura Obradovic 20 September 2017 - First witness statement of Erinn Broshko 5 February 2018 Witness statements submitted with the Memorial - Second witness statement of Igor Markicevic 16 January 2019 - Second witness statement of Erinn Broshko 16 January 2019 - First witness statement of Aksel Azrac 16 January 2019 Witness statements submitted with the Reply - First Witness Statement of Robert Jennings 3 October 2019 - Second Witness Statement of William Rand 3 October