Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No___X____
(Rio de Janeiro, April 3, 2003). PETROLEO BRASILEIRO S.A Petrobras, (BOVESPA: PETR3 / PETR4, NYSE: PBR / PBRA, LATIBEX: XPBR / XPBRA), Brazils largest oil and gas, petrochemicals and energy company, announces that on the date hereof, the Board of Directors of Perez Companc S.A. and the Board of Directors of its controlled company Pecom Energía S.A. resolved to submit to the consideration of their respective Shareholders General Meetings to be held on April 4, 2003, the change of the corporate name Perez Companc S.A. for Petrobras Energía Participaciones S.A., and Pecom Energía S.A. for Petrobras Energía S.A..
Such changes are subject to, and will become effective upon, the approval by the Argentine Antitrust Committee (Comisión Nacional de Defensa de la Competencia) of the purchase by Petrobras Participaç&otidle;es LS of the majority of the shares of stock of Perez Companc. Such governmental agency has not rendered a decision yet.
This document may contain forecasts 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 forecasts. 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.
PETRÓLEO BRASILEIRO
S.A--PETROBRAS | ||
By: |
/S/ José Sergio Gabrielli de Azevedo
| |
José Sergio Gabrielli de Azevedo
Chief Financial
Officer and Investor Relations Director
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This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.