Production Record in April

Rio de Janeiro, May 7 2010 – Petróleo Brasileiro S.A. - Petrobras announces that it set a new monthly oil production record in Brazil in April. The month's average topped-out at 2,033 thousand barrels per day, exceeding the previous monthly record, of 2,004 thousand barrels per day set in September 2009, by 29,000 barrels. This mark was 2.9% higher than a year ago and 1.9% more than March 2010.

In addition to the monthly record, Petrobras also set, on April 23 and 24, two consecutive daily oil and LNG production records, reaching 2,081 thousand and 2,084 thousand barrels, respectively.

These results were the outcome, among other factors, of the good operational performance of the platforms located off the coast of Rio de Janeiro and Espírito Santo, with the limelight on the interconnection of new wells to FPSO Cidade de Vitória, in the Golfinho Field (state of Espírito Santo); on new wells going into production in the Marlim Leste field, in the Campos Basin (state of Rio de Janeiro); and on the Extended Well Test (EWT) being started at Tiro, in the Santos Basin, on March 19.

Onshore production also influenced this result, with two new wells going into production in the fields of Rio Urucu (RUC) and Leste do Urucu (LUC), in Amazonas.

In the upcoming months, operations are expected to be kicked-off at FPSOs Cidade de Santos, in Uruguá/Tambaú, and Capixaba, in Cachalote/Baleia Franca.

www.petrobras.com.br/ri/english
Contacts: PETRÓLEO BRASILEIRO S. A. – PETROBRAS
Investor Relations Department I E-mail: petroinvest@petrobras.com.br / acionistas@petrobras.com.br
Av. República do Chile, 65 – 22^nd floor - 20031-912 - Rio de Janeiro, RJ I Tel.: 55 (21) 3224-1510 / 9947

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