We the undesigned people of Finima, in futherance of our pursuit of peace in Finima land, on behalf of the entire Finima Community comprising BUOYE OMUSO (BROWN) MAJOR HOUSE, THE ATTONI HOUSE AND THE TOBIN HOUSE have agreed to the terms hereinafter stated.

WHEREAS

1. The BUOYE OMUSO (BROWN) MAJOR HOUSE has entered into a lease agreement dated the 20th day of December, 2001 with Mobil Producing Nigeria Unlimited (MPNU) in respect of which they receive compensation.

2. The Buoye Omuso (Brown) Major House has also agreed as a goodwill gesture to extend part of the benefits of the compensation money to the Tobin and Attoni houses.

3. The solicitors representing the houses in question held several meetings to facilitate peace within and amongst them.

NOW ALL THE PARTIES HEREBY AGREES as follows:

• That all dealings relating to the land in Finima Community shall be done through and under the auspices of the BUOYE (BROWN) MAJOR HOUSE.

• The Buoye Omuso (Brown) Major House upon receiving any compensation would in the spirit of good neighbourliness extend thereof to the Tobin and Attoni Houses provided always that a substintial part shall be devoted to development projects.

• That each of the Tobin and Attoni Houses shall receive such sums of monay as shall be appropriated by the Brown Major House for further distribution among all members of their respective Houses.

• That both the Tobin and Attoni Houses agree to participate in the Peace process initiated by the Buoye Omuso (brown) Major House to find lasting peace in Finima.

• All parties recognize the title trasfer to Mobil Producing Nigeria Unlimited by the Brown Major House and agree as a joint body to defend any action arising therefrom.

• To set up a settlement procedure, which will involve informing their respective lawyers of any potential areas of conflict as, indeed had been done in this particular case, to enable quick intervention.

• That any development Council that may be set up to further the interest of Finima shall be done by the Chief of the Brown House who shall accordingly inform the Attoni and Tobin Houses but such that the official voice of Finima shall be the Chief of Buoye Omuso (Brown) House or anyone so nominated by him.

• That all parties agree to exercise restrain and not to issue pres statements either in the print or electronic media or any other Medium that will be offensive to one another.

• That a peace Council shall be set up which shall include proportional representative of all 3(three) Houses to create an atmosphere for lasting peace in Finima so as to enable its citizens utilize the full benefits of all the development in and around Finima Community.

• That the Law and Order restored in Finima shall be robustly defended and sustained by all the parties to this agreement.

PURSUANT TO THIS MEMORANDUM IT IS HEREBY UNDERSTOOD that

• It is also understood and agreed that all matters in COurt by the Paties to this Memorandum of Understanding, either individually or in a representative capacity shall be discontinued or withdrawn in furtherance of averall peace in Finima

IN WITNESS WHEREOF we hereby st our hands and seals this 20th day of July 2002