Rio de Janeiro, October 8, 2015 - Petróleo Brasileiro S.A. - Petrobras, complementing the Material Fact disclosed to the market on October 5 regarding adjustments to the 2015-2019 Business and Management Plan (PNG 2015-2019), hereby informs the exchange rate and the Brent crude oil price on which the new projections for investments and costs were based:

Brent oil price (US$/barrel)

PNG 2015-2019 Current projection
2015 60 54
2016 70 55


Exchange rate (R$/US$)

PNG 2015-2019 Current projection
2015 3.10 3.28
2016 3.26 3.80

The lower investments and manageable operating expenses reflect the effect of changes in the exchange rate and reduced activities and optimizations.

Lastly, Petrobras further informs that regarding a new Business and Management Plan within a 5-year horizon any fact deemed as material on this subject will be timely disclosed to the market.

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