NEWS RELEASE

CLARIFICATION ON CVM/BOVESPA CONSULTATION
OFFICIAL LETTER BM&FBOVESPA GAE 0003-14 AS OF
JANUARY 3, 2013
HRT PARTICIPAÇÕES EM PETRÓLEO S.A.

Rio de Janeiro, January 6, 2014 - HRT Participações em Petróleo S.A. (the "Company" or "HRT") (BM&FBOVESPA: HRTP3, TSX-V: HRP), hereby presents clarifications, as requested by BM&FBOVESPA on the referred Official Letter, regarding the information published on this date by the Valor Econômico newspaper, edition 01.03.2014, under the title "Founder wants to postpone HRT's Shareholders' Meeting to gain time".

We refer to the Official Letter GAE 0003-14 whereby BM&FBOVESPA seeks clarifications on the content of the news published by the Valor Econômico newspaper as of January 3, 2013 under the title, "Fundador quer adiar assembleia da HRT para ganhar tempo", the Company clarifies that its communications to the market have always been carried out with the utmost seriousness and the transparency expected of a publicly-held company, in accordance with the best corporate governance practices.

News Releases and Material Facts are simultaneously filed and made available to the market through CVM's IPE System, the Company's website, as well as filed with SEDAR (System for Electronic Document Analysis and Retrieval) system, the document upload system of the Canadian regulatory authorities, so that all information regarding the progress and development of the Company's projects is disclosed timely and with equal treatment to all stakeholders.

HRT receives various emails, phone calls and meeting requests from its investor relations area regarding the Company's activities and dedicates its best efforts into addressing the issues brought by investors and investment fund managers in Brazil and abroad, always with full transparency, equal treatment and timeliness to its more than 4,500 shareholders who trade stock at the BM&FBovespa.

As previously announced, HRT's Management team is focusing on exploration activities and the process of transition for operation of the Polvo field, planning strategies and activities at the Solimões basin, in partnership with Rosneft, as well as the sale of non-current assets, not directly related to their main activity, returning significant financial resources to strengthen the cash position of the Company, with the aim to maximize value for the shareholders of HRT.

In light of the recent episodes involving the Company and its Board of Directors, HRT has been the target of much speculation and leaks of confidential information related to these events to the press, which the Company condemns and is seeking the appropriate means to investigate and denounce.

Specifically regarding this issue, the Company reiterates that it has not made any statement to the newspaper and clarifies that the comments and judgment therein are the exclusive responsibility of the journalist and her sources. As for the issues in the Official Letter, we clarify that it is public knowledge that HRT has a diluted shareholder base with the presence of foreign funds and does not have a controlling bloc nor shareholders' agreement. Regarding the sale of assets, the Company has repeatedly disclosed which of its non-strategic assets are for sale; it is also public knowledge that HRT is seeking new partnerships for its assets in Solimões and Namibia, so that exploration activities may continue there. The strategy of divestment and establishment of new partnerships has never been linked to any plan of liquidation of the Company.

For additional information, please contact HRT`s Investor Relations Department.

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