Rio de Janeiro, February 29, 2016 – Petróleo Brasileiro S.A. – Petrobras informs that the contracts regarding the sale of its 20% interest in the concessions of Bijupirá and Salema, signed on July 1st, 2015, with PetroRio S.A., have been terminated.

Therefore, Petrobras maintains its 20% stake in those fields, in partnership with Shell, which owns the remaining 80%.