Rio de Janeiro, October 8, 2015 – Petróleo Brasileiro S.A. – Petrobras, complementing the Material Fact disclosed to the market on October 5 regarding adjustments to the 2015-2019 Business and Management Plan (PNG 2015-2019), hereby informs the exchange rate and the Brent crude oil price  on which the new projections for investments and costs were based:

Brent oil price (US$/barrel)

Exchange rate (R$/US$)

The lower investments and manageable operating expenses reflect the effect of changes in the exchange rate and reduced activities and optimizations.

Lastly, Petrobras further informs that regarding a new Business and Management Plan within a 5-year horizon any fact deemed as material on this subject will be timely disclosed to the market.