The Treaty of Lutatius was the agreement between Carthage and Rome of 241 BC (amended in 237 BC), that ended the First Punic War after 23 years of conflict. Most of the fighting during the war took place on, or in the waters around, the island of Sicily and in 241 BC a Carthaginian fleet was defeated by a Roman fleet commanded by Gaius Lutatius Catulus while attempting to lift the blockade of its last, beleaguered, strongholds there. Accepting defeat, the Carthaginian Senate ordered their army commander on Sicily, Hamilcar Barca, to negotiate a peace treaty with the Romans, on whatever terms he could negotiate. A draft treaty was rapidly agreed upon, but when it was referred to Rome for ratification it was rejected.
Rome then sent a ten-man commission to settle the matter. This in turn agreed that Carthage would hand over what it still held of Sicily; relinquish several groups of islands nearby; release all Roman prisoners without ransom, although ransom would need to be paid to secure the release of prisoners held by the Romans; and pay an indemnity of 3,200 talents of silver – 82,000 kilograms (81 long tons) – over 10 years. The treaty received its name from the victorious Gaius Lutatius Catulus, who also negotiated the initial draft.