The board of directors (the “Board”) of PetroChina Company Limited (the “Company”) is pleased to announce that, CNPC E&D Holdings Cooperatief U.A. (the “CNPC Holdings”) and CNODC International Holding Ltd. (the “CNODC International”) (collectively, the “Purchasers”), both being indirect subsidiaries of the Company, entered into an acquisition agreement (the “Acquisition Agreement”) with Petrobras International Braspetro B.V. (the “PIB”) and Petrobras De Valores Internacional De Espana S.L. (the “PVIE”) (collectively, the “Sellers”) on 13 November 2013, regarding the acquisition of the entire shares of Petrobras Energia Peru S.A. (the “Target Company”) by the Purchasers from the Sellers with a consideration of approximately US$2.6 billion (equivalent to approximately HK$20.16 billion)