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PBR » Topics » 31.6 Incorporation of Pramoa

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

31.6 Incorporation of Pramoa

On March 03, 2008, the Board of Directors approved the proposal to incorporate its subsidiary Pramoa Participações S.A. (Pramoa), and submitted the incorporation proposal to be deliberated by the shareholders at an Extraordinary General Meeting called for March 24, 2008.

The incorporation of Pramoa by Petrobras forms part of the acquisition process of Suzano Petroquímica S.A. that was completed on November 30, 2007, as described in note 12.10 (h).

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