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DELTEC ASSET MANAGEMENT CORP
> PBR.A
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 03/31/2006 | PETROLEO BRASILEIRO SA PETROBRAS \ADR\ | PBR.A | 317,300 | 317,300 | 25,336,000 | 25,336,000 | $79.85 |
| 06/30/2003 | PETROLEO BRASILEIRO SA PETROBRAS \ADR\ | PBR.A | 0 | -40,000 | 0 | -550,400 | |
| 05/07/2003 | PETROLEO BRASILEIRO SA PETROBRAS \ADR\ | PBR.A | 40,000 | 40,000 | 550,400 | 550,400 | $13.76 |
| 12/31/2002 | PETROLEO BRASILEIRO SA PETROBRAS \ADR\ | PBR.A | 0 | -16,000 | 0 | -152,800 | |
| 09/30/2002 | PETROLEO BRASILEIRO SA PETROBRAS \ADR\ | PBR.A | 16,000 | 16,000 | 152,800 | 152,800 | $9.55 |
| 08/09/2002 | PETROLEO BRASILEIRO SA PETROBRAS \ADR\ | PBR.A | 0 | -16,000 | 0 | -278,400 | |
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