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PBR » Topics » 1. Petroquisa Option to Increase its Ownership of Share Capital of Braskem

This excerpt taken from the PBR 6-K filed May 2, 2005.

1. Petroquisa Option to Increase its Ownership of Share Capital of Braskem

Odebrecht, Norquisa, ODBPAR and Petroquisa agreed to grant an option to Petroquisa for the purchase (the “Option”) common shares of Braskem that will result in Petroquisa owning up to 30% of the voting share capital of Braskem (“Option Shares”).

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