|   | 1. | Create an online strategy that drives awareness of Manlio Fabio Beltrones (hereafter referred to as “MFB”) as a politicion who generates change in Mexico |
|--------|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 2. | Successfully launch the “Ley de Fomento al Primer Empleo” and create online visibility and support for the proposed law |
|--------|----|-------------------------------------------------------------------------------------------------------------------------------------|

|   | 1. | DIAGNOSIS |
|--------|----|-----------|

|   | 2. | DSM |
|--------|----|-----|

|   | - | Create and launch a Social Media Marketing campaign using Quepasa’s Distributed Social Media Platform, which distributes content across multiple social networks. This generates a massive impact through viral sharing across the social web. |
|--------|---|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 3. | SEARCH ENGINE OPTIMIZATION |
|--------|----|----------------------------|

----

|   | 4. | SOCIAL MEDIA |
|--------|----|--------------|

|   | 5. | VERTICAL AND HORIZONTAL ONLINE MEDIA |
|--------|----|--------------------------------------|

|   | 6. | MOBILE MARKETING |
|--------|----|------------------|

|   | 1. | Enter the application |
|--------|----|-----------------------|

|   | a. | Demographic data (name, gender, age, location, email, mobile number) |
|--------|----|----------------------------------------------------------------------|

|   | b. | Option to receive information from MFB email |
|--------|----|----------------------------------------------|

|   | c. | Accepting Terms and Conditions |
|--------|----|--------------------------------|

|   | 2. | Learn about MFB’s propose law |
|--------|----|-------------------------------------|

|   | a. | Explain the new initiative |
|--------|----|----------------------------|

|   | b. | Social benefits of law |
|--------|----|------------------------|

|   | 3. | Vote |
|--------|----|------|

|   | a. | Option to vote for the initiative |
|--------|----|-----------------------------------|

|   | b. | Option to share information about the law to your social profile |
|--------|----|------------------------------------------------------------------|

|   | 4. | Participate and Win |
|--------|----|---------------------|

|   | a. | If you are one of the users with the most shares you could become an “ambassador” of the initiative. Also, you could have access to an exclusive breakfast with MFB to present the new law. |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | 1. | Services |
|--------|----|----------|

|   | 2. | Fees |
|--------|----|------|

|   | 3. | Invoices and Payments |
|--------|----|-----------------------|

|   | 4. | End of the Agreement |
|--------|----|----------------------|

----

| Sincerely,                          |                            |                             |                   |            |
|-------------------------------------|---------------------------------|----------------------------------|------------------------|-----------------|
|                                |                            |                             |                   |            |   |
| John C. AbbotCEOQuepasa Corporation |                            |                             |                   |            |
|                                |                            |                             |                   |            |   |
| On behalf of Altos Hornos de Mexico |                            | On behalf of Quepasa Corporation |                   |
|                                |                            |                             |                   |            |   |
| Nombre:                             | Alonso Ancira Elizondo          |                             | Nombre:                | John Abbott     |   |
| Signature:                | /s/ Alonso Ancira Elizondo |                             | Signature:   | /s/ John Abbott |   |
| Position:                           | Chairman of the Board           |                             | Position:              | CEO             |   |
| Date:                               | June 9th, 2010                  |                             | Date:                  | June 9th, 2010  |   |

----

|   | 1. | Redesign of website for MFB |
|--------|----|-----------------------------|

|   | a. | Analysis and Evaluation of the new website |
|--------|----|--------------------------------------------|

|   | b. | Execution of changes on the new website |
|--------|----|-----------------------------------------|

|   | c. | Hosting service for the website |
|--------|----|---------------------------------|

|   | d. | Beta testing of the website |
|--------|----|-----------------------------|

|   | e. | Website maintenance |
|--------|----|---------------------|

|   | f. | Content administration on the website |
|--------|----|---------------------------------------|

|   | 2. | Launching of Social Media Campaign |
|--------|----|------------------------------------|

|   | a. | DSM development and programming |
|--------|----|---------------------------------|

|   | b. | Creative and concept development |
|--------|----|----------------------------------|

|   | c. | Content integration |
|--------|----|---------------------|

|   | d. | Beta testing of the website |
|--------|----|-----------------------------|

|   | e. | Website maintenance |
|--------|----|---------------------|

|   | f. | Content administration on the website |
|--------|----|---------------------------------------|

|   | g. | Strategy development for online media mix |
|--------|----|-------------------------------------------|

|   | h. | Generation of metrics and reports |
|--------|----|-----------------------------------|

|   | i. | Offline communication actions |
|--------|----|-------------------------------|

|   | j. | Creation of SMS platform |
|--------|----|--------------------------|

|   | k. | Setting up and using the SMS platform |
|--------|----|---------------------------------------|

|   | l. | Maintenance and administration of SMS platform |
|--------|----|------------------------------------------------|

----

| CONCEPT                                        |   | DEADLINE            |   | COST (US) |             |
|------------------------------------------------|--------|---------------------|--------|-----------|------------------|
|                                           |   |                |   |      |             |
| 1. Redesign of website for MFB                 |   |                |   |      |             |
| Analysis and Evaluation of the new website     |   | June 15th, 2010     |   |      | 50,000           |   |
| Execution of changes on the new website        |   | June 30th, 2010     |   |      | 50,000           |   |
| Hosting service for the website                |   | July 15th, 2010     |   |      | 100,000          |   |
| Beta testing of the website                    |   | September 1st, 2010 |   |      | 50,000           |   |
| Website maintenance                            |   | September 1st, 2010 |   |      | 100,000          |   |
| Content administration on the website          |   | September 1st, 2010 |   |      | 100,000          |   |
|   SUBTOTAL:                          |   |                |   |      |   450,000   |   |
| Launching of Social Media Campaign             |   |                |   |      |             |   |
| DSM development and programming                |   | July 1st, 2010      |   |      | 50,000           |   |
| Creative and concept development               |   | July 15th, 2010     |   |      | 300,000          |   |
| Content integration                            |   | July 15th, 2010     |   |      | 100,000          |   |
| Beta testing of the website                    |   | July 30th, 2010     |   |      | 100,000          |   |
| Website maintenance                            |   | July 30th, 2010     |   |      | 100,000          |   |
| Content administration on the website          |   | July 30th, 2010     |   |      | 100,000          |   |
| Strategy development for online media mix      |   | August 15th, 2010   |   |      | 1,000,000        |   |
| Generation of metrics and reports              |   | December 30th, 2010 |   |      | 50,000           |   |
| Offline communication actions                  |   | December 30th, 2010 |   |      | 50,000           |   |
| Creation of SMS platform                       |   | December 30th, 2010 |   |      | 50,000           |   |
| Setting up and using the SMS platform          |   | December 30th, 2010 |   |      | 550,000          |   |
| Maintenance and administration of SMS platform |   | December 30th, 2010 |   |      | 100,00           |   |
|   SUBTOTAL:                          |   |                |   |      |   2,550,000 |   |
|                                           |   |                |   |      |             |   |
| TOTAL:                                         |   |                |   |      | 3,000,000        |   |