Petrobras receives more than R$ 650 million recovered by Operation Car Wash


Rio de Janeiro, December 7, 2017 - Petróleo Brasileiro S.A. – Petrobras reports
that it has received the return of about R$ 654 million through cooperation
agreements concluded with individuals and legal entities within the scope of the
Car Wash Operation.

With this return, the total amount of resources transferred to Petrobras since
the beginning of the Operation has reached the amount of R$ 1.476 billion.

Petrobras has been working in partnership with the Federal Prosecutors Office,
the Brazilian Federal Police, Federal Revenue Services and other competent
authorities since the beginning of investigations, while it has improved its
control and decision-making mechanisms.

The company, which is recognized by the authorities as a victim of the acts
unraveled by the Operation, will continue to adopt legal measures against
companies and individuals, including former employees and politicians, who have
caused financial and image damage to the company. Petrobras acts as co-author
with the Federal Prosecutors Office and the Federal Government in 13
administrative improbity lawsuits in progress, in addition to being an
accusation assistant in 43 criminal lawsuits.

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www.petrobras.com.br/ir
Contacts:
PETRÓLEO BRASILEIRO S.A. – PETROBRAS | Investor Relations Department | e-mail:
petroinvest@petrobras.com.br
Av. República do Chile, 65 – 10th floor, 1002 – B – 20031-912 – Rio de Janeiro,
RJ | Phone: 55 (21) 3224-1510 / 3224-9947

FORWARD-LOOKING STATEMENTS
This release includes forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended, that are subject to risks and uncertainties.
The forward-looking statements, which address the Company’s expected business
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The Company’s actual results could differ materially from those expressed or
forecast in any forward-looking statements as a result of a variety of
assumptions and factors. These factors include, but are not limited to, the
following: (i) failure to comply with laws or regulations, including fraudulent
activity, corruption, and bribery; (ii) the outcome of ongoing corruption
investigations and any new facts or information that may arise in relation to
the “Lava Jato Operation”; (iii) the effectiveness of the Company’s risk
management policies and procedures, including operational risk; and (iv)
litigation, such as class actions or proceedings brought by governmental and
regulatory agencies.  A description of other factors can be found in the
Company’s Annual Report on Form 20-F for the year ended December 31, 2016, and
the Company’s other filings with the U.S. Securities and Exchange Commission.