1. Identification
Company Name : Petróleo Brasileiro S.A. - Petrobras
Corp. Taxpayers CNPJ No: 33000167/0001-01
Trade Name: Petrobras				Neighborhood: Centro
Adress: Av. República do Chile, 65				State: RJ
City: Rio de Janeiro				Post Box: 15515
Postal Code: 20031-912				Fax: (+55 21) 3224.6055
Phone: (+55 21) 3224.4477				Telex: 21-23335 Petr
Date of Co. Incorporation: 10/3/1953			B. of Trade Reg. no.: 31.436
State Registration No.: 81.281.882			Reg. Date Boftrade.: 04/20/1954
Date Rio Stock Exch Date: 08/21/1956
Capital Stock R$: 78.966.690.660,00				Company: Capital Aberto
Realiz. Cap. Stock R$: 52.644.000.000,00				Origin: National/State
Capital Stock Comp.
Common Shares: 5.073.347.344			57.82%	Date Last OGM: GO: April 4th, 2008
Preferred Shares: 3.700.729.396			42.18%	Date Last OGM: GO: April 4th, 2008
Total: 8.774.076.740			100.00%	Book Value/Share (Dec/31/07):R$ 26.44
Branch Offices:		Rio de Janeiro, São Paulo, Recife, Brasília, Salvador, Porto Alegre, Curitiba, Fortaleza, Belo Horizonte.
2. Business
Line of Business:	Research, mining, refining, processing, trade and transport of oil from wells, shale and other rocks, its derivatives, natural gas and other fluid hydrocarbons, in addition to other energy related activities; it may promote the research, development, production, transport, distribution and marketing of all forms of energy, as well as other related activities or alike ones.
					% Billing
Main Products:	Oil Byproducts: Light Distillates (Gasoline, Naphtha ...)				37.00%
	Oil Byproducts : Medium Distillates (Diesel Oil, Kerosene ...)				43.00%
	Oil Byproducts: Bottom Settlings (Fuel Oil, Aromat....)				7.00%
			No. of Shareholders (12/31/2007) 270,952
Income Tax Code - Main Business: 1 180			No. of Employees (12/31/2007): 68,931
3. Main Shareholders (at 12/31/2007)
				%	%
Name		CNPJ no.	Nationality	Voting Capital	Total Capital
Federal Government		00394460/0409-50	Brazilian	55.71%	32.21%
Stock Exchange Custody			Brazilian	5,60%	13,54%
BNDES Participações - BNDESPar		00383281/0001-09	Brazilian	1.86%	7.62%
4.1 - Board of Directors
				Mandate
Name			Title	Beginning	Ending
Dilma Vana Rousseff			Chairman	04/04/2008	Until next OGM
Arthur Antonio Sendas			Member	04/04/2008
Fabio Colletti Barbosa			Member	04/04/2008
Francisco Roberto de Albuquerque			Member	04/04/2008
Luciano Galvão Coutinho			Member	04/04/2008
Jorge Gerdau Johannpeter			Member	04/04/2008
José Sergio Gabrielli de Azevedo			Member	04/04/2008
Guido Mantega			Member	04/04/2008
Silas Rondeau Cavalcanti Silva			Member	04/04/2008
4.2 - Executive Board
					Mandate
Name			Title		Beginning	Ending
José Sergio Gabrielli de Azevedo			President and CEO		04/04/2008	04/03/2011
Almir Guilherme Barbassa			CFO and Investor Relations Director		04/04/2008	04/03/2011
Guilherme de Oliveira Estrella			Exploration and Production Director		04/04/2008	04/03/2011
Paulo Roberto Costa			Downstream Director		04/04/2008	04/03/2011
Maria das Graças Silva Foster			Gas and Energy Director		04/04/2008	04/03/2011
Jorge Luiz Zelada			International Director		04/04/2008	04/03/2011
Renato de Souza Duque			Services Director		04/04/2008	04/03/2011

5. Main Interest in Other Companies (On 12/31/2007)
					% Holding in
Companies		CNPJ no.	Head Office	Net Equity R$'000	Total Cap.
Petrobras Distribuidora S.A. - BR		34274233/0001-02	RJ	7,088,760	100%
Petrobras Química S.A - Petroquisa		33795055/0001-94	RJ	1,854,086	100%
Petrobras Gás S.A. - Gaspetro		42520171/0001-91	RJ	2,608,863	99.95%
Petrobras Transporte S.A. - Transpetro		02709449/0001-59	RJ	1,661,460	100.00%
Downstream Participações S.A.			RS	1,158,110	99.99%
Petrobras Internacional Finance Company - PIFCo - Cayman Islands (Consolidated)			RJ	(51,162)	100%

6. Insurance (12/31/2007)
		Type of Coverage		Sum Insured		Parent Company
Inst., Equip. & Prod. in Stock		Fire/Hazards/Misc.		63,154,127		41,270,752
Tankers and Aux. Vessels		Hulls		2,637,466		-
Fixed Platforms, Floating Prod. System		Oil Hazards		23,682,139		23,682,139
Total				89,473,732		64,952,891

7. Business References
Main Suppliers
Flexibras Tubos Flexíveis Ltda
Fábrica Carioca de Catalizadores S/A
Mannesmann S.A.
Pirelli Cabos S/A
Confab Tubos S/A
CBV Ind. Mecanica S/A (wet Christmas tree)
Asea Brown Boveri Oleo e Gas Ltda (wet Christmas tree)
Kvaerner Pulping Ltda (wet Christmas tree)
Cooper Cameron do Brasil Ltda (wet Christmas tree)
% Share
Main Customers		CNPJ no.	In Sales
Petrobras Distr. - BR		34274233/0001-02	34.3%
Shell Bras. de Petróleo		33453598/0003-95	16.9%
Esso Bras. de Petróleo		33000092/0004-01	14.9%

8. Bank References
Bank	Agency
Banco do Brasil	Petrobras Agency (RJ)
Banco Bradesco	1o. de Março (RJ)
Unibanco	Platform - RJ (RJ)
Banco Real	Senador Dantas (RJ)

9. Accounting Information (According to the prevailing legislation of fiscal years at 12/31/2007) - R$ Million
Gross Sales: 218,254			Total Assets: 231,228
Net Income: 21,512			Net Equity: 113,854

10. External Auditors
KPMG Auditores Independentes

11. Further Information
From the Investor Relations Office				Phone : (+55 21) 3224.1510 / 9947
				Fax: (+55 21) 3224.6055