E = Forecasted
Others are actuals: real value in BR GAAP, not estimated

E = Forecasted
Others are actuals: real value in US GAAP, not estimated


Consensus estimates information has been provided by certain investment banking firms and other sources (the "sources") and represents market forecasts. Petrobras and the sources offer no assurance regarding the completeness or exactness of this information. Such information is neither an offer to sell nor a solicitation to buy the securities of any company. Opinions expressed are subject to change without notice. Sources and their affiliates, subsidiaries, officers, directors, agents, and employees may have positions or interests in any of the securities discussed. Any source whose services are used in connection with the purchase or sale of a security discussed in such information may act as an agent in the transaction or as a principal for its own account. Periodically, the sources may act as manager, co-manager, or participant in a syndicate to distribute private placements or public offerings for companies discussed.