BAYWOOD CONTINENTAL LIMITED™

*Engineering *Procurement *Construction

THE SHELL PETROLEUM DEVELOPMENT COMPANY OF NIGERIA LIMITED

For the Attention of Ojay Osaji

Dear Sirs

Confirmation of Understanding of Shell General Business Principles and Anti-Bribery

Baywood Continental Limited Confirms its understanding of the Shell General Business
Principles and shall comply with Anti-Bribery and Corruption Provisions

Baywood Continental Limited agrees to adhere to and notify of violations of the principles
contained in the Shell General Business Principles and Shell Supplier Principles in all its
dealings with or on behalf of Shell Petroleum Development Company of Nigeria Limited in
connection with this CONTRACT and related matters.

Baywood Continental Limited confirms that its staff will behave in a manner that is consistent
with the Shell Code of Conduct.

Signed

Name and title: C H U K W U D I E B U N O H A , C h i e f O p e r a t i n g O f f i c e r

For and on behalf of Baywood Continental Limited

Directors: Chris Baywood Ibe (CEO) Head/Office: Plot 1 Emperor Baywood Close,
Pat Baywood Ibe (DMD) End of Olorunlogbon Street
Smart Fadayomi Anthony Village, Lagos.
Tel: 08060976374, 08084081693
E-mail:info@baywoodcontinental.com
Website:www.baywoodcontinental.com
RC. 125,220