🕐09.03.12 - 19:54 Uhr

PETROBRAS - PRESS RELEASE:=?UTF-8?Q20ELECTION=20OF=20THE=20EMPL OYEES’ REPRESE
NTATI=?UTF-8?Q?VE=20FOR=20THE=20BOARD=20OF=20D=?UTF-8?Q?IRECTORS.



Dear Mr/Mrs Ramin Farzanehfar,

 

 
 
 
Rio de Janeiro, March 09, 2012 – Petróleo Brasileiro S.A.

- Petrobras hereby announces that Mr.

Sílvio Sinedino Pinheiro is the person nominated by the Company’s employees to occupy the position of Director in the Company’s Board of Directors to be confirmed in the next General Ordinary Meeting to be held on the 19th of this current month.
 
Mr.

Silvio Sinedino Pinheiro is a systems analyst, working for Petrobras for 24 years and serving at Geophysical Technology Management in the Exploration and Production department.

Mr.

Sinedino is also the President of Petrobras Engineers Association (Aepet) and the Chairman of Petros Audit Committee.
 
The nomination of Mr.

Sílvio Sinedino Pinheiro is a result of the voting process for an employees’ representative in compliance with the Federal Law 12.353/2010, which provides for the participation of employees in the Boards of Directors of public companies and mixed capital companies.
  
 
 
Sincerely,

Investor Relations.
 

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www.petrobras.com.br/ri/english
Contacts: PETRÓLEO BRASILEIRO S.

A.

- PETROBRAS
Investor Relations Department I E-mail: /
Av.

República do Chile, 65 – 22nd floor - 20031-912 - Rio de Janeiro, RJ I Tel.: 55 (21) 3224-1510 / 9947

This document may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Exchange Act of 1934, as amended (Exchange Act) that merely reflect the expectations of the Company’s management.

Such terms as “anticipate”, “believe”, “expect”, “forecast”, “intend”, “plan”, “project”, “seek”, “should”, along with similar or analogous expressions, are used to identify such forward-looking statements.

These predictions evidently involve risks and uncertainties, whether foreseen or not by the Company.

Therefore, the future results of operations may differ from current expectations, and readers must not base their expectations exclusively on the information presented herein.

 




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