Unassociated Document
As filed with the Securities and Exchange Commission on December 26, 2006
333-   
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
____________________
FORM F-6
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
For Depositary Shares Evidenced by American Depositary Receipts
___________________

PETRÓLEO BRASILEIRO S. A. - PETROBRAS
(Exact name of issuer of deposited securities as specified in its charter)

Brazilian Petroleum Corporation - PETROBRAS
(Translation of issuer's name into English)

The Federative Republic of Brazil
(Jurisdiction of incorporation or organization of issuer)

JPMORGAN CHASE BANK, N.A.
(Exact name of depositary as specified in its charter)

4 New York Plaza, New York, NY 10004
Telephone (212) 623-0636
(Address, including zip code, and telephone number, including area code, of depositary's principal executive offices)
____________________
Petróleo Brasileiro S.A. - PETROBRAS (New York Office)
570 Lexington Avenue, 43rd Floor
New York, New York 100022
Tel. No.: (212) 829-1517
(Address, including zip code, and telephone number, including area code, of agent for service)

Copy to:
Scott A. Ziegler, Esq.
Ziegler, Ziegler & Associates LLP
570 Lexington Avenue, 44th Floor
New York, New York 10022
(212) 319-7600

It is proposed that this filing become effective under Rule 466
o immediately upon filing
o on (Date) at (Time)

If a separate registration statement has been filed to register the deposited shares, check the following box. o
 
CALCULATION OF REGISTRATION FEE

Title of each class of
Securities to be registered
Amount
to be registered
Proposed maximum aggregate price per unit (1)
Proposed maximum
aggregate offering price (2)
Amount of
registration fee
American Depositary Shares evidenced by American Depositary Receipts, each American Depositary Share representing four preferred shares of Petróleo Brasileiro S.A. - PETROBRAS
600,000,000
American Depositary Shares
$0.05
$30,000,000
$3210
(1)
Each unit represents one American Depositary Share.
(2)
Estimated solely for the purpose of calculating the registration fee. Pursuant to Rule 457(k), such estimate is computed on the basis of the maximum aggregate fees or charges to be imposed in connection with the issuance of American Depositary Receipts evidencing American Depositary Shares.
 
The Registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933 or until the Registration Statement shall become effective on such date as the Commission, acting pursuant to said Section 8(a), may determine.


 

PART I
INFORMATION REQUIRED IN PROSPECTUS
 
The Prospectus consists of the proposed form of American Depositary Receipt (“ADR” or “American Depositary Receipt”) included as Exhibit A to the form of Amended and Restated Deposit Agreement filed as Exhibit (a) to this Registration Statement, which is incorporated herein by reference.
 

2


CROSS REFERENCE SHEET
 
Item 1. DESCRIPTION OF SECURITIES TO BE REGISTERED
 


Item Number and Caption
 
Location in Form of American Depositary
Receipt Filed Herewith as Prospectus
     
(1) Name and address of Depositary
 
Introductory paragraph
(2) Title of American Depositary Receipts and identity of deposited securities
 
Face of American Depositary Receipt, top center
Terms of Deposit:
   
(i) Amount of deposited securities represented by one unit of American Depositary Shares
 
Face of American Depositary Receipt, upper right corner
(ii) Procedure for voting, if any, the deposited securities
 
Paragraph (12)
(iii) Collection and distribution of dividends
 
Paragraphs (4), (5), (7) and (10)
(iv) Transmission of notices, reports and proxy soliciting material
 
Paragraphs (3), (8) and (12)
(v) Sale or exercise of rights
 
Paragraphs (4), (5) and (10)
(vi) Deposit or sale of securities resulting from dividends, splits or plans of reorganization
 
Paragraphs (4), (5), (10) and (13)
(vii) Amendment, extension or termination of the Deposit Agreement
 
Paragraphs (16) and (17)
(viii) Rights of holders of receipts to inspect the transfer books of the Depositary and the list of Holders of receipts
 
Paragraph (3)
(ix) Restrictions upon the right to deposit or withdraw the underlying securities
 
Paragraphs (1), (2), (4), and (5)
(x)    Limitation upon the liability of the Depositary
 
Paragraph (14)
(3) Fees and Charges
 
Paragraph (7)

 
Item 2. AVAILABLE INFORMATION

Item Number and Caption
 
Location in Form of American Depositary
Receipt Filed Herewith as Prospectus
     
(b)   Statement that Petróleo Brasileiro S.A. - PETROBRAS is subject to the periodic reporting requirements of the Securities Exchange Act of 1934, as amended, and, accordingly, files certain reports with the Commission, and that such reports can be inspected by holders of American Depositary Receipts and copied at public reference facilities maintained by the Commission in Washington, D.C.
 
Paragraph 7

3


PART II
 
INFORMATION NOT REQUIRED IN PROSPECTUS
 
Item 3. EXHIBITS
 
(a)
Deposit Agreement. Form of Amended and Restated Deposit Agreement dated as of January __ 2007 among Petróleo Brasileiro S.A. - PETROBRAS, JPMorgan Chase Bank, N.A., as depositary (the "Depositary"), and all holders from time to time of ADRs issued thereunder (the "Deposit Agreement"), including the Form of American Depositary Receipt, is filed herewith as Exhibit (a).
 
(b)
Any other agreement to which the Depositary is a party relating to the issuance of the American Depositary Shares registered hereunder or the custody of the deposited securities represented thereby. Not applicable.
 
(c)
Every material contract relating to the deposited securities between the Depositary and the issuer of the deposited securities in effect at any time within the last three years. Not applicable.
 
(d)
Opinion of Ziegler, Ziegler & Associates LLP, counsel to the Depositary, as to the legality of the securities being registered. Filed herewith as Exhibit (d).
 
(e)
Certification under Rule 466. Not applicable.
 
(f)
Power of Attorney. Included as part of the signature pages hereto.
 
 
Item 4. UNDERTAKINGS
 
 
(a)
The Depositary hereby undertakes to make available at the principal office of the Depositary in the United States, for inspection by holders of the American Depositary Receipts, any reports and communications received from the issuer of the deposited securities which are both (1) received by the Depositary as the holder of the deposited securities, and (2) made generally available to the holders of the underlying securities by the issuer.
 
 
(b)
If the amounts of fees charged are not disclosed in the prospectus, the Depositary undertakes to prepare a separate document stating the amount of any fee charged and describing the service for which it is charged and to deliver promptly a copy of such fee schedule without charge to anyone upon request. The Depositary undertakes to notify each registered holder of an American Depositary Receipt thirty days before any change in the fee schedule.
 

4


SIGNATURE
 
Pursuant to the requirements of the Securities Act of 1933, as amended, JPMorgan Chase Bank, N.A., on behalf of the legal entity created by the Deposit Agreement, certifies that it has reasonable grounds to believe that all the requirements for filing on Form F-6 are met and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in The City of New York, State of New York, on December 22, 2006.
 
Legal entity created by the form of Deposit Agreement
for the issuance of ADRs evidencing American Depositary Shares
 
 
By:
JPMorgan Chase Bank, N.A., as Depositary
     
     
  By:   /s/Joseph M. Leinhauser
  Name:  Joseph M. Leinhauser
  Title:  Vice President

 

5


SIGNATURES
 
Pursuant to the requirements of the Securities Act of 1933, Petróleo Brasileiro S.A. - PETROBRAS certifies that it has reasonable grounds to believe that all the requirements for filing on Form F-6 are met and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Brazil on December 22, 2006.
 
 
Petróleo Brasileiro S.A. - PETROBRAS 
 
 
 
By: /s/Almir Guilherme Barbassa
Name: Almir Guilherme Barbassa
Title:  Chief Financial Officer

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, Each person whose signature appears below hereby constitutes and appoints J. S. Gabrielli de Azevedo and Almir Guilherme Barbassa, and each of them severally, his or her true and lawful attorney-in-fact with power of substitution and resubstitution to sign in his or her name, place and stead in any and all capacities the Registration Statement and any and all amendments thereto (including post-effective amendments) and any documents in connection therewith, and to file the same with the Securities and Exchange Commission, granting unto each of said attorneys full power to act with or without the other, and full power and authority to do and perform, in his or her name and on his or her behalf, every act whatsoever which such attorneys, or any one of them, may deem necessary or desirable to be done in connection therewith as fully and to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact, or any of them, or their substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act of 1933, as amended, this registration statement has been signed by the following persons in the capacities and on the dates indicated:

Signature
Title
Date
 
 
 
_______________________
Dilma Vana Rousseff
 
 
 
President of the Board of Directors
 
 
 
, 2006
 
 
 
/s/J. S. Gabrielli de Azevedo
J. S. Gabrielli de Azevedo
 
 
 
Chief Executive and Member of the
Board of Directors
 
 
 
December 22, 2006
 
 
 
/s/Silas Rondeau Cavalcanti Silva
Silas Rondeau Cavalcanti Silva
 
 
 
Member of the Board of Directors
 
 
 
December 22, 2006
 
 
6

 
 
 
 
_______________________
Guido Mantega
 
 
 
Member of the Board of Directors
 
 
 
, 2006
 
 
 
/s/Gleuber Vieira         
Gleuber Vieira
 
 
 
Member of the Board of Directors
 
 
 
December 22, 2006
 
 
 
/s/Arthur Antonio Sendas
Arthur Antonio Sendas
 
 
 
Member of the Board of Directors
 
 
 
December 22, 2006
 
 
 
/s/Roger Agnelli           
Roger Agnelli
 
 
 
Member of the Board of Directors
 
 
 
December 22, 2006
 
 
 
_______________________
Fabio Colletti Barbosa
 
 
 
Member of the Board of Directors
 
 
 
December 22, 2006
 
 
 
/s/Jorge Gerdau Johannpeter
Jorge Gerdau Johannpeter
 
 
 
Member of the Board of Directors
 
 
 
December 22, 2006
 
 
 
/s/Almir Guilherme Barbassa
Almir Guilherme Barbassa
 
 
 
Chief Financial Officer
 
 
 
 
December 22, 2006
 
 
 
___________________________
Marcos Antonio da Silva Menezes
 
 
 
Chief Accounting Officer
 
 
 
 
, 2006
 
 
 
/s/Theodore Helms                      
Theodore Helms
 
 
 
Authorized Representative in the
United States
 
 
 
December 22, 2006



7


INDEX TO EXHIBITS

Exhibit
Number
 
(a)
Form of Amended and Restated Deposit Agreement.
(d)
Opinion of Ziegler, Ziegler & Associates LLP, counsel to the Depositary, as to the legality of the securities to be registered.

 
 
 
8