Summary

Notice of investment dispute, acceptance of the Republic of Uganda's offer to arbitrate in accordance with the rules of procedure for arbitration of the International Centre for the Settlement of Investment Disputes (ICSID) under the Ugandan Investment Code Act, and commencement of the 90-day negotiations period for an amicable settlement of the dispute.

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This letter constitutes Dr. Ahmed's, Al-Ameri Yemen's, and Al-Ameri Uganda's Notice of Claims in relation to the dispute stemming from the illegal takeover of the St. Balikudembe Owino Market by the Kampala Capital City Authority (KCCA) and the Ugandan Government resulting into an unlawful expropriation of my Clients' investments in Uganda consisting in the re-development of the said Market. Al-Ameri Yemen was the developer of this redevelopment project and Al-Ameri Uganda was he contractor with whom the company owning and operating the Market (the "St. Balikuddebe Market Stalls space and lockup shops owners Association Limited", SSLOA) concluded a construction contract and a loan agreement to undertake the redevelopment of the Market. Thus, Al-Ameri Yemen and Al-Ameri operated in tandem in connection with this redevelopment project.

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