The 2015-2019 Business and Management Plan (PNG 2015-2019) allows for divestments totaling USD 15.1 billion during the 2015-2016 period, 30% affecting Exploration & Production, 30% Downstream and 40% Gas & Power.

The divestment portfolio is a dynamic element, since the transactions involved are subject to business and market conditions. This why Petrobras is constantly reviewing its asset portfolio and on the lookout for the best opportunities and market conditions to implement the business plan.

Any relevant facts relating to this matter will be disclosed in a timely manner.