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PBR » Topics » (s) Investments in quoted companies

This excerpt taken from the PBR 6-K filed Mar 18, 2005.

(s) Investments in quoted companies

Investments in quoted companies whose shares are traded on the stock market are as follows:

  In lots of one thousand shares Stock Market - R$ per lot of one thousand shares 
 
Company Common  Preferred  Common  Preferred  Market value 
Consolidated
    BRASKEM 3.027.735  4.630.565  94,00  134,00  905.103 
    COPESUL 2.348.201    380,00    892.316 
    PQU 8.738  8.738  17.500,00  17.500,00  305.834 
 
Parent company
    PETROQUISA 10.098.083  9.505.390  (*)  179,11  3.511.178 
    PEPSA 1.249.717    3,17    3.961.814 

The market values of these shares do not necessarily reflect the net realizable values at liquidation of a major block of shares.

(*) As the common shares of the subsidiary PETROQUISA traded on the stock market do not have liquidity, the price for preferred shares was used for purposes of determining market values.

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