PBR » Topics » a) Investments in shares traded on the stock market

This excerpt taken from the PBR 6-K filed Nov 17, 2006.

a) Investments in shares traded on the stock market

As of September 30, 2006, PETROBRAS investments in companies which shares are traded on the stock market are shown below:

    In lots of one        Stock Market -    Market 
Companies    thousand shares    Type    R$ per shares    value 
                R$ Thousand 
Subsidiaries                 
PEPSA    1.249.717    COMMON    2,192    2.739.380 
PESA (*)   229.729    COMMON    5,323    1.222.847 
         
 
                3.962.227 
         
 
Affiliated                 
   Companies                 
COPESUL    23.482    COMMON    29,78    699.294 
PQU    8.738    COMMON    12,50    109.225 
PQU    8.738    PREFERRED    8,49    74.186 
         
                882.705 
         
 
Other                 
   investments                 
BRASKEM    12.111    COMMON    11,25    136.249 
BRASKEM    18.522    PREFERRED A    13,53    250.603 
         
                386.852 
         

(*) These shares do not include PEPSA’s interest.

On July 12, 2006 PETROQUISA stock ceased to be traded on the Stock Exchange because all of the shares in circulation were incorporated to the assets of PETROBRAS.

This excerpt taken from the PBR 6-K filed Aug 25, 2006.

a) Investments in shares traded on the stock market

As of June 30, 2006, PETROBRAS investments in companies which shares are traded on the stock market are shown below:

    In lots of one        Stock Market - R$    Market 
Subsidiaries    thousand    Type    per    value 
    shares             
 
Controlled            lot of one thousand    R$ Thousand 
Companies            shares     
PETROQUISA    10.098.083    COMMON    (*)   1.878.243 
PETROQUISA    9.505.390    PREFERRED A    0.186    1.768.003 
PEPSA    1.249.717    COMMON    2.393    2.990.573 
PESA (**)   229.729    COMMON    5.613    1.289.469 
         
 
                7.926.288 
         
 
Affiliated                 
Companies                 
BRASKEM    12.111    COMMON    12.30    148.965 
BRASKEM    18.522    PREFERRED A    13.29    246.161 
COPESUL    23.482    COMMON    28.00    657.496 
PQU    8.738    COMMON    12.89    112.634 
PQU    8.738    PREFERRED    8.60    75.148 
         
 
                1.240.404 
         

(*) 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.
(**) These shares do not include PEPSA’s interest.

The market value for these shares does not necessarily reflect the net realizable value of a representative batch of shares.

This excerpt taken from the PBR 6-K filed Jun 26, 2006.

a) Investments in shares traded in the stock market

As of March 31, 2006, PETROBRAS investments in companies whose shares are traded on the stock market are shown below:

Companies
Controlled

Companies
  In lots of one
thousand shares 
  Type    Stock Market - R$ per
lot of one thousand
shares 
  Market value
R$ Thousand 
       
       
       
       
PETROQUISA    10,098,083    COMMON    (*)   2,090,606 
PETROQUISA    9,505,390    PREFERRED A    0,207    1,967,901 
PEPSA    1,249,717    COMMON    2,467    3,083,594 
PESA (**)   229,729    COMMON    5,287    1,214,659 
         
 
                8,356,760 
         
 
Associated
Companies 
               
               
BRASKEM    12,111    COMMON    13,35    161,681 
BRASKEM    18,522    PREFERRED A    16,12    298,579 
COPESUL    23,482    COMMON    30,10    706,809 
PQU    8,738    COMMON    14,80    129,324 
PQU    8,738    PREFERRED    9,36    81,789 
         
 
                1,378,182 
         
(*) 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.
(**) These shares do not include PEPSA’s interest.

The market value for these shares does not necessarily reflect the net realizable value of a representative batch of shares.

This excerpt taken from the PBR 6-K filed Aug 19, 2005.

a) Investments in shares traded in the stock market

As of June 30, 2005, PETROBRAS investments in companies whose shares are traded on the stock market are shown below:

    In lots of one thousand shares    Stock Market - R$ per
 lot of one thousand shares 
  Market value 
R$ Thousand 
   
    Common    Preferred     
         
PETROQUISA    10.098.083    9.505.390    180,00    3.528.625 
PEPSA    1.249.717        2,70                         3.374 

The market value for these shares does not necessarily reflect the net realizable value of a representative batch 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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