PBR » Topics » a) Defined contribution pension plan

This excerpt taken from the PBR 6-K filed Nov 19, 2009.

a) Defined contribution pension plan

In 2005, Petrobras Energia S.A. (Pesa) implemented a voluntary plan for all employees who met certain conditions. The company contributes with amounts equal to the contributions made by the employees in accordance with the contributions specified for each salary level.

The cost of the plan is recognized in accordance with the contributions that the Company makes, which at September 30, 2009 was R$ 3.981 thousand.

This excerpt taken from the PBR 6-K filed Aug 18, 2009.

a) Defined contribution pension plan

In 2005, Petrobras Energia S.A. (Pesa) implemented a voluntary plan for all employees who met certain conditions. The Company contributes with amounts equal to the contributions made by the employees in accordance with the contributions specified for each salary level.

The cost of the plan is recognized in accordance with the contributions that the Company makes, which at June 30, 2009 was R$ 2.517 thousand.

This excerpt taken from the PBR 6-K filed Jun 8, 2009.

a) Defined contribution pension plan

In 2005, Petrobras Argentina S.A. - PAR (formerly PESA), implemented a voluntary plan for all employees who met certain conditions. The company contributes with amounts equal to the contributions made by the employees in accordance with the contributions specified for each salary level.

The cost of the plan is recognized in accordance with the contributions that the company makes, which at March 31, 2009 was R$ 1.438 thousand (R$ 929 thousand in March,31 2008).

This excerpt taken from the PBR 6-K filed Mar 31, 2009.

a) Defined contribution pension plan

In 2005, Petrobras Energia S.A. (Pesa) implemented a voluntary plan for all employees who met certain conditions. The company contributes with amounts equal to the contributions made by the employees in accordance with the contributions specified for each salary level.

The cost of the plan is recognized in accordance with the contributions that the company makes, which at December 31, 2008 was R$ 4.619 (R$ 3.684 at December 31, 2007).

This excerpt taken from the PBR 6-K filed Nov 12, 2008.

a) Defined contribution pension plan

In 2005, Petrobras Energia S.A. (Pesa) implemented a voluntary plan for all employees who met certain conditions. The company contributes with amounts equal to the contributions made by the employees, in accordance with the contribution specified for each salary level.

The cost of the plan is recognized in accordance with the contributions that the company makes, which at September 30, 2008 was equivalent to R$ 3.637 thousand (R$ 3.062 thousand in the same period in 2007).

This excerpt taken from the PBR 6-K filed Aug 13, 2008.

a) Defined contribution pension plan

In 2005, Petrobras Energia S.A. (Pesa), implemented a voluntary defined contribution plan, available to all employees who meet certain conditions. The company contributes amounts equal to the contributions made by the employees, in accordance with the contribution specified for each wage level.

The plan’s cost is recorded in accordance with the contributions made by the company, which in the 1st half of 2008 totaled the equivalent of R$ 2.101 thousand (R$ 2.103 thousand for the same period in 2007).

This excerpt taken from the PBR 6-K filed Mar 4, 2008.

a) Defined contribution pension plan

In 2005, Petrobras Energia S.A. (PESA), implemented a voluntary defined contribution plan, available to all employees who meet certain conditions. The company contributes amounts equal to the contributions made by the employees, in accordance with the contribution specified for each wage level.

The plan’s cost is recorded in accordance with the contributions made by the company, which in 2007 totaled the equivalent of R$ 3.684 (R$ 2.256 in 2006).

This excerpt taken from the PBR 6-K filed Nov 21, 2007.

a) Defined contribution pension plan

In November 2005 the executive board of Petrobras Energia S.A. (PESA), an indirect subsidiary of Petrobras, approved implementation of a defined contribution plan which all Company employees, who meet certain conditions, could voluntarily join. Through this plan PESA makes contributions to a trustee. The contributions are made at amounts equal to the contributions of the employees participating in the plan, whether in mutual investment funds or Pension Retirement Fund Administrator (AFJP). The contributions are made according to the defined contribution plan for each wage level. Participating employees may make voluntary contributions in excess of those established in the contribution plan, although the Company is not required to match them.

The plans’ costs are recorded periodically and correspond to the contributions the Company makes to trust. As at September 30, 2007 PESA had recorded the amount equal to R$ 2.790 thousand.

This excerpt taken from the PBR 6-K filed Aug 21, 2007.

a) Defined contribution pension plan

In November 2005 the executive board of Petrobras Energia S.A. - PESA, an indirect subsidiary of Petrobras, approved implementation of a defined contribution plan which all Company employees could voluntarily join. Through this plan PESA makes contributions to a trustee. The contributions are made at amounts equal to the contributions of the employees participating in mutual investment funds or Pension Retirement Fund Administrator (AFJP). The contributions are made according to the defined contribution plan for each wage level. Participating employees may make voluntary contributions in excess of those established in the contribution plan, although the Company is not required to match them.

The plans’ costs are recorded periodically and correspond to the contributions the Company makes to trust. As at June 30, 2007 PESA had recorded the amount equal to R$ 2.103 thousand.

This excerpt taken from the PBR 6-K filed Jun 8, 2007.

Defined contribution pension plan

In November 2005 the executive board of Petrobras Energia S.A. - Pesa, an indirect subsidiary of Petrobras, approved implementation of a defined contribution plan which all Company employees could voluntarily accede to. Through this plan Pesa makes contributions to a trustee. The contributions are made at amounts equal to the contributions of the employees participating in mutual investment funds or Pension Retirement Fund Administrator (AFJP). The contributions are made according to the defined contribution plan for each wage level. Participating employees may make voluntary contributions in excess of those established in the contribution plan, although the Company is not required to match them.

The plans’ costs are recognized periodically and correspond to the contributions the Company makes to trust. By March 31, 2007 Pesa had recognized the amount equal to R$ 1,323 thousand.

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