OREANDA-NEWS. HRT Participates em Petroleo S.A. (the "Company" or "HRT") (BM&FBOVESPA: HRTP3, TSX-V: HRP), hereby informs, complementing what was disclosed in the News Release of June 24, and August 4, 2014, that it will take place August 20, the sale of the group of fractions of common shares arising from the reverse split.

The reverse split was approved by the Company's shareholders at the Special Shareholders' Meeting ("SSM") held on June 24, 2014, and was executed, on August 4, 2014, at the rate of ten (10) common shares to one (1), pursuant to article 12 of Law 6,404/76, which also includes the reverse split of issued and outstanding Global Depositary Shares ("GDSs") of the Company, at the rate of ten (10) GDSs to one (1), maintaining the proportion currently in force of two (2) GDSs to one (1) common share.

The group of fractions resulting from this reverse split totalled 103 common shares and such group will be sold through an auction on the stock exchange to be held tomorrow, Wednesday, August 20, 2014, from 4:55 p.m. to 5:00 p.m., by CONCORDIA S.A. CVMCC.

Information concerning the value resulting from the sale of fractions of common shares and the subsequent credit to the holder of such fractions will be disclosed to the market in the coming weeks.