Rio de Janeiro, January 27, 2011 – Petróleo Brasileiro S.A.
- Petrobras announces that the Extraordinary General Meeting held this day, at 3:00 pm in the auditorium of the Companys Head office building at Av.
República do Chile, nº 65, 1st floor, in the City of Rio de Janeiro (RJ), ruled and approved the following items:
I. Partial split of BRK Investimentos Petroquímicos S.A.
- BRK and the spun off portion of PETROBRAS to:
(1) Confirm the contracting of APSIS Consultoria e Avaliações Ltda., by BRK, for the assessment of net assets relative to the spun off portions to be converted to PETROBRAS, according to net equity assessment report, using Base-Date of September 30, 2011, according to the provisions of paragraph 1 of article 227 c/c paragraph 3 of article 229 of Law 6.404, of December 15, 1976;
(2) Approve the Assessment Report prepared by APSIS Consultoria e Avaliações Ltda.
at book value for assessment of BRK’s net assets;
(3) Approve the Protocol and Justification of split-off of BRK and spun off portion of PETROBRAS, pro rata to its ownership, executed on December 22, 2011;
(4) Approve the partial split operation of BRK and the spun off portion of PETROBRAS, without increasing its share capital.
II. Acquisition of Petrobras Química S.A.
– PETROQUISA by PETROBRAS to:
(1) Confirm the contracting of APSIS Consultoria e Avaliações Ltda.
by PETROBRAS for the development of accounting assessment report of PETROQUISA’s net equity to be transferred to PETROBRAS, using Base-Date of September 30, 2011, as provided for in paragraph 1 of article 227 of Law 6.404, of December 15, 1976;
(2) Approve the Assessment Report prepared by APSIS Consultoria e Avaliações Ltda., at book value, for the assessment of PETROQUISA’s net equity;
(3) Approve the Protocol and Justification of acquisition operation of PETROQUISA by PETROBRAS, with full transfer of PETROQUISA net equity to PETROBRAS, executed on December 22, 2011;
(4) Approve the acquisition operation of PETROQUISA by PETROBRAS, with full transfer of PETROQUISA’s net equity to PETROBRAS, without increasing its share capital.
