FIRST AMENDMENT TO NOTICE OF ARBITRATION
TO INITIATE RECOURSE TO ARBITRAL PROCEEDINGS IN COMPLIANCE
WITH THE UNCITRAL ARBITRATION RULES AS AT PRESENT IN FORCE

LANCE PAUL LARSEN v. THE HAWAIIAN KINGDOM

DECEMBER 3, 1999

     COME NOW Lance Paul Larsen and The Hawaiian Kingdom, by their respective undersigned counsel, and hereby amend their "Notice Of Arbitration To Initiate Recourse To Arbitral Proceedings In Compliance With The Permanent Court of Arbitration Optional Rules For Arbitrating Disputes Between Two Parties Of Which Only One Is A State," executed on November 8, 1999, by agreeing and stipulating that said referenced Arbitration Agreement and the Notice thereof are hereby amended by striking out all references to the "Permanent Court of Arbitration Optional Rules For Arbitrating Disputes Between Two Parties Of Which Only One Is A State," and in its place and stead thereof inserting the "UNCITRAL Arbitration Rules As At Present In Force," which shall govern said Arbitration forthwith.


DATED: Honolulu, Hawaii; December 3, 1999.

[signed]	NINIA PARKS, ESQ. Attorney for Lance Paul Larsen
[signed]	GARY V. DUBIN, ESQ. Attorney General, Hawaiian Kingdom by its Council of Regency