Video Webcast Alert: Petrobras Announces the Ceremony for the Signature of Funding...

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Thu Jul 30, 2009 9:01am EDT 

Video Webcast Alert: Petrobras Announces the Ceremony for the Signature of
Funding Agreements between BNDES and Petrobras Video Webcast

RIO DE JANEIRO, Brazil, July 30 /PRNewswire-FirstCall/ -- Petrobras
(NYSE: PBR/PBRA) (BOVESPA: PETR4) announces the following video webcast:
    What:    Ceremony for the signature of funding agreements between BNDES
             and Petrobras

    When:    Thursday, July 30, 2009 at 4:00 PM ET

    Where:   http://www.agenciapetrobrasdenoticias.com.br

    How:     Live over the Internet -- Simply log on to the web at the address
             above.

    Contact:  Press Management for Corporate Comunications, +55 21 3224-1306 /
+55 21 3224-2312, or e-mail, imprensa@petrobras.com.br
    If you are unable to participate during the live webcast, the call will
be archived at http://www.agenciapetrobrasdenoticias.com.br/default_en.asp .
    About the event:
    Petrobras and the National Development Bank (BNDES) will sign a funding
agreement worth approximately R$25 billion next Thursday (07/30) at 5 PM. The
event will be attended by the president of the Republic, Luiz Inacio Lula da
Silva.
    The resources will be used to fund the projects foreseen by Petrobras'
Business Plan for the 2009-2013 period, which are included in the Growth
Acceleration Program (GAP). Petrobras' Business Plan calls for total
investments in the order of $174.4 billion in the upcoming five years.
SOURCE  Petrobras

Press Management for Corporate Comunications, Petrobras, +011-5521-3224-1306,
+011-5521-3224-2312, imprensa@petrobras.com.br
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