NEWS RELEASE
DISPOSAL OF MATERIAL EQUITY INTEREST
Rio de Janeiro, October 07, 2014 - HRT Participações em Petróleo S.A. (the "Company" or "HRT") (BM&FBOVESPA: HRTP3, TSX-V: HRP), in compliance with the provisions of Article 50 of the Company's By-laws and with the provisions of Article 12 of CVM Instruction 358/02, announces that it has received, on October 6th, a letter from JG Petrochem Participações Ltda. ("JG Petrochem"), informing that reduced its stake from 19.25% to 16.64% of the total capital stock of the Company, representing a decrease of 2.61%.
According to the information provided in the referred letter, JG Petrochem informs that: (i) it currently does not have the intention of changing the control composition of the Company; (ii) it does not hold any other rights over convertible debentures issued by the Company; and (iii) it does not take part of any agreement or contract which regulates the exercise of voting rights or the purchase and sale of securities issued by HRT.
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For additional information, please contact HRT`s Investor Relations Department.
About HRT
HRT, through its subsidiaries, holds a 60% participating interest and it is also the operator of the Polvo Field, which is locate