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This excerpt taken from the PBR 6-K filed Mar 18, 2005. (m) Acquisition of interest in CEG-RIO On October 4, 2004, through its subsidiary PETROBRAS GÁS S.A – GASPETRO, PETROBRAS exercised the option of purchasing shares of CEG-RIO, agreed with the company GÁS NATURAL SGD, comprising 65.580 thousand common shares (9,86% of total common shares) and 181.920 thousand preferred shares (13,68% of total preferred shares), in the total amount of approximately US$ 16,5 million, equivalent to R$ 46.750. As a result of this operation, GASPETRO has increased its interest in CEG-RIO, and now holds 26,19% of its total common shares and 43,01% of its total preferred shares. |
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