Petrobras to Meet with Labor Union Today to Resolve Strike

Petrobras and the labor unions have scheduled a meeting for 3 PM, this Tuesday (03/24), to give continuity to negotiations, to seek an understanding on the Participation in Profit and Results (PPR) for 2008, and to suspend the strike. The meeting will be held at the Company's main office building, in Rio de Janeiro.

The Company announced that all of its units continue operating normally.