Petrobras' Economic and Financial Results Announcement Postponed

By Petrobras, PRNE
Wednesday, February 24, 2010

INFORMATION, PHOTOS, AUDIO AND VIDEO RECORDINGS AT WWW.AGENCIAPETROBRASDENOTICIAS.COM.BR

RIO DE JANEIRO, February 25, 2010 - Petrobras (NYSE: PBR and PBRA) announces the postponement of the Board of
Directors meeting initially scheduled for February 26, 2010, and, thus, the
postponement of the announcement of the fourth quarter and fiscal year 2009
results, pursuant to the accounting practices adopted in Brazil and to the
rules issued by the Securities and Exchange Commission (CVM).

(Logo: www.newscom.com/cgi-bin/prnh/20090518/SPTU002LOGO )

The Company clarifies that the above-mentioned postponements are not
related to the consolidated results ascertainment process and that it will
soon inform the new date for the announcement, respecting the legal term of
90 days after the closing of the 2009 fiscal year.

Petrobras Press Management|Institutional Communications, +55-21-3224-1306, or +55-21-3224-2312, On-call telephone number: +55-21-9921-1048, or +55-21-9985-9623, Fax: +55-21-3224-3251, imprensa at petrobras.com.br

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