Petrobras Clarification on News

Rio de Janeiro, September 22, 2017 – Petróleo Brasileiro S.A. – Petrobras, in relation to the news published in the media about an alleged arbitration brought by minority shareholders, clarifies that it has not been notified by the Arbitration Chamber of São Paulo Stock Exchange (B3). If notified, Petrobras shall take all legal measures to guarantee its interests and the interests of its shareholders.

It is important to highlight that the public authorities in charge of the “Lava Jato” investigation and the Brazilian Supreme Court have acknowledged that Petrobras is a victim of the facts reveled by this investigation.  As a result, the Company has already received, to date, R$ 716 million recovered by the Brazilian authorities from the companies and individuals involved in the illegal acts that harmed Petrobras.

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