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This excerpt taken from the PBR 6-K filed Jun 27, 2005. Petrobras surpasses the 1.83 million barrel per day mark in Brazil (Rio de Janeiro, June 24, 2005). – PETRÓLEO
BRASILEIRO S/A - PETROBRAS, [Bovespa: PETR3/PETR4, NYSE: PBR/PBRA, Latibex:
XPBR/XPBRA], a Brazilian international energy company, announces that it has taken one
further step towards achieving the target of Brazilian self-sufficiency - now close
to being met -, on June 23 2005, lifting a total of 1,834,505 barrels.
This was approximately 15,000 barrels more than the previous record of May 12 2005 (1.820,000 barrels); 6.1% higher than the last monthly record in May of this year (1,729,000 barrels per day); 13.7% higher than the average for the first five months of 2005 (1,613,000 barrels per day) and 22.9% above the average output for 2004 (1,493,000 barrels per day). This is the tenth daily production record Petrobras has reported in 2005, and similar to the others, reflects the exceptional operating performances of the platforms in the Campos Basin and enhanced recovery from fields located in mature production areas in the North and North East regions and the state of Espírito Santo.
Platforms P-43 in the Barracuda Field and P-48 in the Caratinga field, recently installed in the Campos Basin, operated at full capacity and together, contributed 308,000 barrels to the latest daily production record. http: //www.petrobras.com.br/ri/english
Contacts:
Petróleo Brasileiro S.A – PETROBRAS
Investor
Relations Department
Raul Adalberto de Campos– Executive Manager E-mail: petroinvest@petrobras.com.br Av. República do Chile, 65 - 4th floor 20031-912 – Rio de Janeiro, RJ (55-21) 3224-1510 / 9947 
This document may contain forecasts that merely reflect the expectations of the Company’s management. Such terms
as “anticipate”, “believe”, “expect”, “forecast”, “intend”, “plan”, “project”, “seek”, “should”, along with
similar or analogous expressions, are used to identify such forecasts. These predictions evidently involve risks
and uncertainties, whether foreseen or not by the Company. Therefore, the future results of operations may differ
from current expectations, and readers must not base their expectations exclusively on the information presented
herein.
SIGNATURE
Pursuant to
the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.
Date: June 27, 2005
FORWARD-LOOKING
STATEMENTS
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. | ||||||||||||||||||||||||||||||||||