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New
partnership for the development of Comperj
Rio de Janeiro, April 28 2010 � Petr�leo Brasileiro S.A. - Petrobras
announces that its wholly subsidiary Comperj Participa��es S.A. (Comperj
Participa��es) and SMU Energia e Servi�os de Utilidades Ltda (SMU) executed
today an agreement to form a new company, Companhia de Desenvolvimento de
Plantas de Utilidades � CDPU, in view to analyze the implementation of the
Utilities Plant project of Comperj.
Comperj Participa��es will hold 20% of CDPU interest and SMU the other
80%. SMU is a Brazilian company controlled by Sembcorp Utilities PTE Ltd
(Singapore), through its wholly subsidiary Sembcorp Utilities (BVI) Pte Ltd;
Mitsui & Co. Ltd. (Japan); and Utilitas Participa��es S.A. (Brazil).
The Utilities Plant project is part of the Petrochemical Complex of
Rio de Janeiro (Comperj) and consists of units of electric energy supply,
vapor supply, water and industrial effluents treatment and hydrogen supply. The
Comperj is located in the state of Rio de Janeiro and the project also
includes the construction of a refinery, first and second generation
petrochemical units, and is expected to start up in the first semester of
2013.
In addition to the development of the Utilities Plant project, Comperj
Participa��es also executed a bid process for the construction of the coke
unit. The winner was the consortium formed by Techint and Andrade Gutierrez
and the final amount of the contract was R$ 1,89 billion.
Investors Relations
www.petrobras.com.br/ri/english
Contacts: PETR�LEO BRASILEIRO S. A. - PETROBRAS
Investor Relations Department I E-mail: petroinvest@petrobras.com.br /
acionistas@petrobras.com.br
Av. Rep�blica do Chile, 65 � 22nd floor - 20031-912 - Rio de Janeiro, RJ I
Tel.: 55 (21) 3224-1510 / 9947

This document may
contain forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended (Securities Act), and Section 21E of the
Securities Exchange Act of 1934, as amended (Exchange Act) that merely
reflect the expectations of the Company�s management. Such terms as
�anticipate�, �believe�, �expect�, �forecast�, �intend�, �plan�, �project�,
�seek�, �should�, along with similar or analogous expressions, are used to
identify such forward-looking statements. These predictions evidently involve
risks and uncertainties, whether foreseen or not by the Company. Therefore,
the future results of operations may differ from current expectations, and
readers must not base their expectations exclusively on the information
presented herein.
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