Issuer:

Petrobras Global Finance B.V. (“PGF”)

Guarantor:

Unconditionally and irrevocably guaranteed by Petróleo Brasileiro S.A. - Petrobras

Form:

Senior Unsecured Notes

Offering:

SEC-Registered

Currency:

U.S. Dollars

Principal Amount:

U.S.$1,400,000,000

Maturity:

March 17, 2017

Interest Rate Basis:

Three-month U.S. dollar LIBOR

Coupon Rate:

Three-month U.S. dollar LIBOR plus 2.360%

Initial Interest Rate:

Three-month U.S. dollar LIBOR, determined as of two LIBOR business days prior to the settlement date, plus 2.360%

Day Count:

Actual/360

Interest Reset Period:

The period beginning on, and including, an Interest Payment Date and ending on, but not including, the following Interest Payment Date; provided that the first Interest Reset Period will begin, and include, March 17, 2014, and will end on, but not include, the first Interest Payment Date.

Interest Determination Dates:

Second LIBOR business day preceding the applicable interest reset date

Interest Reset Dates:

The Interest Reset Date for each Interest Reset Period other than the first Interest Reset Period will be the first day of such Interest Reset Period, subject to the day count convention (as set out in the prospectus supplement)

Interest Payment Dates:

March 17, June 17, September 17 and December 17