Petrobras – Clarification on News: Asset Sales

Petrobras – Clarification on News: Asset Sales

Rio de Janeiro, May 28, 2015 – Petróleo Brasileiro S.A. – Petrobras complies with OFFICIAL LETTER BM&FBovespa 2.072/2015-SAE, which requests the following clarification:

OFFICIAL LETTER BM&FBovespa 2.072/2015-SAE

“We request immediate clarification by March 29, 2015 at 9 a.m. regarding the content of news released by Valor Econômico on May 28, 2015, which contains, among other information, that “BR may have public offering in the 2nd half ”

Clarification

As announced on March 2nd, 2015, Petrobras approved a divestment plan for the two-year period of 2015 and 2016 in the total amount of US$ 13.7 billion

Regarding BR Distribuidora asset, there is no decision on divestment.

Material facts concerning this topic will be promptly announced to the market.

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