The Extraordinary General Meeting held on October 29, 2007, at 3:00 pm in the auditorium of the Company s head office building
at Av. República do Chile, nº 65, 1st floor, in the City of Rio de Janeiro (RJ), which deliberated upon and approved the following
Ratification proposal of the Share Purchase & Sale Agreement, dated August 03 2007, signed between the indirect controlling shareholders of Suzano Petroquímica S.A. (public company headquartered at Av. Brigadeiro Faria Lima, 1355, 9 andar, São Paulo/SP, Taxpayers ID 04.705.090/0001-77), as the sellers, and PETROBRAS, as the buyer, together with the respective pertinent documents; and the appointment of a specialized company for assessment purposes, under the terms of § 1 of art. 256 of Lei No. 6.404/76.
Rio de Janeiro, October 29, 2007.
PETRÓLEO BRASILEIRO S.A. PETROBRAS
Paulo Roberto Costa
President of the Meeting