Petrobras announces the pricing of its 100-year Global Notes denominated in U.S Dollars (U.S.$) issued by its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) and unconditionally guaranteed by Petrobras. Closing is expected to occur on June 5th, 2015 and the terms of the issuance are as follows:

• Issue: 6.850% PGF Global Notes due 2115

• Amount: U.S.$ 2,500,000,000

• Coupon: 6.850%

• Interest Payment Dates: June 5th and December 5th

• Yield to Investors: 8.450%

• Maturity: June 5th, 2115

• Issue price: 81.070%

Deutsche Bank Securities Inc and J.P. Morgan Securities are the joint bookrunners for the transaction.