Rio de Janeiro, November 4, 2015 – Petróleo Brasileiro S.A. – Petrobras hereby responds to Official Letter nº 442/2015/CVM/SEP/GEA-1 requesting clarifications, as transcribed below:

OFFICIAL LETTER nº 442/2015/CVM/SEP/GEA-1

“We refer to the news item published in Lauro Jardim’s blog, entitled Tempo quente na Petrobras: mais uma renúncia no conselho (“Hot weather at Petrobras: another resignation in the board “), which states, among other matters, that:

Clovis Torres […] just step down as president of the board of BR Distribuidora and to the alternate director of Petrobras.

Given the above, we would like you to confirm if the content of this news item is in fact true and, if so, why such information was not deemed to constitute a material fact.”

Clarifications

According to published on November 3rd, 2015, Mr. Clovis Torres Junior resigned, for personal reasons, from both his positions as board member of Petrobras and as chairman of Petrobras Distribuidora S.A. – BR.

Mr. Clovis Torres Junior was the alternate of Mr. Murilo Pinto de Oliveira Ferreira in Petrobras Board of Directors and was already in leave of absence since September 14, 2015.