Petrobras (PBR)

MINUTES OF THE EXTRAORDINARY MEETING

The Extraordinary General Meeting held on March 24, 2008, at 3:00 pm in the auditorium of the Company's head office building at Av. República do Chile, n° 65, 1^st floor, in the City of Rio de Janeiro (RJ), which deliberated upon and approved the following agenda item:

MINUTES OF THE EXTRAORDINARY MEETING

The Extraordinary General Meeting held on October 29, 2007, at 3:00 pm in the auditorium of the Company's head office building at Av. República do Chile, nº 65, 1^st floor, in the City of Rio de Janeiro (RJ), which deliberated upon and approved the following agenda item:

Ratification proposal of the “Share Purchase & Sale Agreement,” dated August 03 2007, signed between the indirect controlling shareholders of Suzano Petroquímica S.A. (public company headquartered at Av. Brigadeiro Faria Lima, 1355, 9 andar, São Paulo/SP, Taxpayer’s ID 04.705.090/0001 -77), as the sellers, and PETROBRAS, as the buyer, together with the respective pertinent documents; and the appointment of a specialized company for assessment purposes, under the terms of § 1 of art. 256 of Lei No. 6.404/76.

Rio de Janeiro, October 29, 2007.

PETRÓLEO BRASILEIRO S.A. – PETROBRAS

Paulo Roberto Costa
President of the Meeting

This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.

MINUTES OF THE EXTRAORDINARY MEETING

The Board of Directors of Petróleo Brasileiro S.A. – PETROBRAS summoned Shareholders to an Extraordinary General Meeting held on May 22, 2006, at 3:00 pm in the auditorium of the Company's head office building at Av. República do Chile, nº 65, 1st floor, in the City of Rio de Janeiro (RJ), which deliberated upon and approved the following agenda item:

This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually oc cur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.

MINUTES OF THE EXTRAORDINARY MEETING

The Board of Directors of Petróleo Brasileiro S.A. – PETROBRAS summoned Shareholders to an Extraordinary General Meeting held on May 5, 2006, at 3:00 pm in the auditorium of the Company's head office building at Av. República do Chile, nº 65, 1st floor, in the City of Rio de Janeiro (RJ), which deliberated upon and approved the following agenda item:

I. Amendment of the Minutes of the Extraordinary and Ordinary General Meetings held on April 3rd, 2006, concerning the election of the Fiscal Council members and respective substitutes indicated by the preferred shareholders. Mrs. Lúcia Maria de Oliveira Falcón, having as substitute Mr. Celso Barreto Grandson, was proclaimed and reelected by preferred shareholders, on a separate ballot, as a member of the Fiscal Council of the Company with a mandate of 1 (one) year, permitting re-election.

Rio de Janeiro, May 5, 2006.

Almir Guilherme Barbassa
CFO and Investor Relations Director of Petrobras

This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually oc cur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.