Dear Mr/Mrs Ramin Farzanehfar,
Rio de Janeiro, May 14, 2012 – Petróleo Brasileiro S.A - Petrobras announces to shareholders that it will be making, on May 18, 2012, the payment of dividends deliberated on the Ordinary General Meeting held on March 19, 2012, related to the portion of the net adjusted profit of the 2011 results.
Common or preferred shareholders on the base date of March 19, 2012 will be entitled to this payment, in the amount of R$ 0.12 (twelve cents) per dividend share.
The table below presents the details of this payment:
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Dividends
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Value in Reais per share ON and PN
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R$ 0,1200
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Restatement at the SELIC Rate
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R$ 0,0044
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Total Gross Value
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R$ 0,1244
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This restatement at the SELIC Rate (R$ 0,0044) will be subject to 22,5% withholding tax, corresponding to the variation in the SELIC rate between December 31, 2011 and May 18 2012.
The above-mentioned withholding tax is not applicable to tax immune or exempt shareholders.
For the American Depositary Receipts (ADRs) negotiated in the New York Stock Exchange – NYSE, payment will be made through BNY Mellon, N.A., depositary bank for the ADRs. The estimated date for payment is May 25, 2012. Any other additional information may be obtained at www.adrinform.com.
Rights to interest on capital unclaimed within 3 (three) years as from payment date (May 18, 2012), will lapse and revert in favor of the Company (Law 6404/76, Article 287, Subsection II, Item a).
Almir Guilherme Barbassa
CFO and Investor Relations Officer
Petróleo Brasileiro S.A.
– Petrobras
Sincerely,
Investor Relations.
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www.petrobras.com.br/ri/english
Contacts: PETRÓLEO BRASILEIRO S.
A.
- PETROBRAS
Investor Relations Department I E-mail: /
Av.
República do Chile, 65 – 22nd floor - 20031-912 - Rio de Janeiro, RJ I Tel.: 55 (21) 3224-1510 / 9947
This document may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Exchange Act of 1934, as amended (Exchange Act) that merely reflect the expectations of the Company’s management.
Such terms as
“anticipate”, “believe”, “expect”, “forecast”, “intend”, “plan”, “project”, “seek”, “should”, along with similar or analogous expressions, are used to identify such forward-looking statements.
These predictions evidently involve risks and uncertainties, whether foreseen or not by the Company.
Therefore, the future results of operations may differ from current expectations, and readers
must not base their expectations exclusively on the information presented herein.
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