NOTICE TO HRT SHAREHOLDERS NOTICE TO SHAREHOLDERS
1st ISSUE OF CONVERTIBLE DEBENTURE STOCK
Rio de Janeiro, October 24, 2014 - HRT Participações em Petróleo SA (the "Company" or "HRT") (BM & FBOVESPA: HRTP3, TSX-V: HRP), in accordance with Article 157, paragraph 4 of Law n. 6,404, .15 December 1976, as amended ("Law of Corporations") and the provisions of Instruçãoda Securities Commission ("CVM") No. 358, of January 3, 2002 ("CVM Instruction 358") , vemcomunicar its shareholders and the market in general that on the Board of Administraçãorealizada on October 24, 2014 ("RCA"), the issuance of convertible debentures in a single series, subordinated and unsecured approved, First Issue of the Company ("Debentures" and "Issuance", respectively), which will be a private placement totaling in Data-sending (as defined below), the amount of R $ 90,000,000.00 (ninety million real), conformeindicado in the minutes of CAR and Private Deed of Issuance of DebênturesConversíveis 1st Private Actions in a single series, Subordinated, HRT Participações em Petróleo SA (the "Indenture"). The Distributor Oliveira Trust Securities SA, instituiçãofinanceira headquartered in Rio de Janeiro city and state of Rio de Janeiro, on Avenue of the Americas # 500, Block 13, Group 205, Barra da Tijuca, CEP 22640-100, enrolled in CNPJ / MF under No. 36.113.876 / 0001-91 ("Trustee"), represent the communion of holders of Debentures ("Debentureholders").