Petrobras – Investor Relations

Petrobras

Investor Relations

Petrobras awarded for the third time as the most traded company on the Bovespa

(Rio de Janeiro, December 13, 2007). – PETRÓLEO BRASILEIRO S/A - PETROBRAS, [Bovespa: PETR3/PETR4, NYSE: PBR/PBRA, Latibex: XPBR/XPBRA, BCBA: APBR/APBRA], a Brazilian international energy company, announces that, was granted, for the third time in a row, the “PUBLICLY TRADED COMPANY CATEGORY – THE MOST TRADED” award in the “2007 Highlight Award” held on December 11 by the São Paulo Stock Exchange – Bovespa.

Petrobras’ shres have been showing increasing liquidity. Particularly the preferred shares have been the most liquid listed in the Stock Exchange, both per number of transactions and in financial volume. This liquidity is important, as it influences Petrobras’ participation in the calculation of the weights regarding the stock listed in Ibovespa’s so-called theoretical portfolio. The shareholders’ great interest in the company has turned Petrobras into the corporation with the biggest weight in this portfolio, a fact that is expected to be repeated next year, as shown by the first theoretical portfolio forecast for the period ranging from January to April 2008.

Winning the “MOST TRADED” award three times in a row is one of the facts that show Petrobras’ ongoing efforts to boost its shareholder base, which grew by 52,385 new participants in the past two years, in part as a result of the September 2005 share split. It is also a sign of the market’s acknowledgement of the equal treatment the company gives to all of its investors and is a retribution for the initiatives that were carried out to facilitate access by small and midsize investors to Petrobras-issued bonds. Furthermore, it also reflects the investors’ trust in increasing their savings in the shares issued by a company whose investments are fully in line with the performance strategy it announced to the market.

The company’s transparent performance, based on ethical principles and on respect for the environment and for the society was also reflected in Petrobras’ having been maintained on Bovespa’s Corporate Sustainability Index (CSI) and on the main global index of this category, i.e., the Dow Jones Global Sustainability Index (DJSI). And Petrobras hopes to continue contributing to strengthening and democratizing the Brazilian capital market and to increasing the investors’ trust in the company’s performance even more.

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