This excerpt taken from the PBR 6-K filed Mar 7, 2008.
7. Capital Increase
Petrobras management is proposing to the Extraordinary General Meeting to be held in conjunction with the Ordinary Genera Meeting of April 4, 2008, a capital increase from R$ 52,644 million to R$ 78,967 million by the capitalization of the capital reserve in the amount of R$ 1,020 million, R$ 851 million of which from the fiscal incentive reserve and R$ 169 million from the Merchant Marine Fund (AFRMM) subsidy, and R$ 25,302 million from income retained from previous fiscal years, without the issue of new shares, pursuant to paragraph 1 of article 169 of Law 6404/76.
This excerpt taken from the PBR 6-K filed Nov 21, 2007.
18.1 Capital Increase
On September 30, 2007, paid in capital amounts to R$ 52.644.460 thousand and is divided into 2.536.673.672 common shares and 1.850.364.698 preferred shares all of which are book-entry shares with no nominal value.
This excerpt taken from the PBR 6-K filed Jun 8, 2007.
a) Capital increase
The Extraordinary General Meeting held in conjunction with the Annual General Meeting on April 02, 2007 approved the increase to the Companys capital from R$ 48.263.983 thousand to R$ 52.644.460 thousand, by capitalizing part of the profit reserves made in prior years to the amount of R$ 4.380.477 thousand, consisting of R$ 1.008.119 thousand from the statutory reserve and R$ 3.372.358 thousand from the retention of earnings. This capital increase does not entail the issuance of new shares, pursuant to article 169, paragraph 1 of Law 6.404/76.
This excerpt taken from the PBR 6-K filed Jun 26, 2006.
a) Capital Increase
The extraordinary general Meeting held on April 3, 2006 approved the increase of the Social Capital by the incorporation of part of the profit reserves, in the amount of R$ 15.012.224 thousand and the monetary updating of the realized capital, in the amount of R$ 339.307 thousand, increasing the social capital from R$ 32.896.138 thousand to R$ 48.247.669 thousand, without changes to the number of issued shares, pursuant to article 40, item III, of the Statute.