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      &lt;td align="left"&gt; Less: Current portion of marketable&amp;nbsp;&lt;/td&gt;
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&lt;p style="MARGIN:0px"&gt;&amp;nbsp;&lt;/p&gt;
&lt;p style="text-align: justify;"&gt; Available-for-sale securities are presented as &amp;#147;Non-current assets&amp;#148;, as they are not expected to be sold or liquidated within the next twelve months. As of March 31, 2010, Petrobras had a balance of US&amp;#36; 2,394 linked to B Series National Treasury Notes, which are accounted for as available-for-sale securities in accordance with Codification Topic 320. On October 23, 2008, the B Series National Treasury Notes were used as a guarantee after the confirmation of the agreements into with Petros, Petrobras&amp;#146; pension plan (see Note 13 (b)). The nominal value of the NTN-Bs is restated based on variations in the Amplified Consumer Price Index (IPCA). The maturities of these notes are 2024 and 2035 and they bear interest coupon of 6% p.a., which is paid semi-annually. At March 31 2010, the balances of the National Treasury Notes - Series B (NTN-B) are updated in accordance with their market value, based on the average prices disclosed by the National Association of Open Market Institutions (ANDIMA).&lt;/p&gt;</NonNumbericText>
          <NonNumericTextHeader>6.&amp;nbsp;
      Marketable Securities&amp;nbsp;
      &amp;nbsp;
      &amp;nbsp;


      &amp;nbsp;
      &amp;nbsp;
      March 31,&amp;nbsp;
      December 31,&amp;nbsp;

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