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Location: Friday Harbor, Washington, United States

Monday, April 17, 2006

BOARD VOTES FOR 7(I) SHARING FOR CIRI SHAREHOLDERS

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At the December 16, 2005 Board Meeting, the CIRI Directors passed the following motion, which is recorded in the minutes of the meeting: ....it is "moved to authorize CIRI President & CEO Margie Brown to use her best efforts to ensure that CIRI shareholders share in 7(i) distributions in ANWR by reinstating 7(i) sharing."

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