11

Banco do BrasilBanco do Brasil3Q093Q09

22

DisclaimerDisclaimer

This presentation may include references and statements, planned synergies,

increasing estimates, projections of results and future strategy for Banco do

Brasil, it’s Associated and Affiliated Companies and Subsidiaries. Although these

references and statements reflect the management’s belief, they also involve

imprecision and high difficult risks to be foreseen, consequently, they may

conduct to a different result than the one anticipated here. These expectations are

highly dependent on market conditions, on Brazil’s economic and banking system

performances, as well as on international market one. Banco do Brasil is not

responsible for bringing up to date any estimate in this presentation.

33

Price Index IPCA¹ - %

3.1

2006

4.5

2007

4.3

Sep/09

5.9

2008

5.7

2005

18.00

2005

13.25

2006

11.25

2007

13.75

2008

8.75

Sep/09

Interest Rate Selic² - %

Total Payroll Index³

2005 2006 2007 2008 Sep/09(3) Base 100 Dec/2004Source: IBGE

Unemployment Index4 - %

9.9

2005

10.0

2006

9.3

2007

7.9

2008

8.1

Sep/09(4) 12 months average Source: IBGE

108.2 115.2 120.8 128.8 131.4

(1) 12 monthsSource: IBGE

(2) End of PeriodSource: Brazilian Central Bank

Economic EnvironmentEconomic Environment

44

2005 2006 2007 2008 Sep/09

Banking Industry Loan Portfolio - R$ trillion Banking Industry Loan Operations¹ - R$ trillion

2005 2006 2007 2008 Sep/09

Credit RiskConsumer Loans³ - R$ billion

2005

2005 2006 2007 2008 2009²

20082007Allowance / Loan Portfolio - %

Sep/092006

Loan/GDP - %

28.130.2

34.241.3

45.7

0.6

0.7 0.91.2 1.3

0.4 0.6 0.6 0.8 0.80.2

0.3 0.30.4

0.5

Public Private

Mortgage PayrollVehiclesPast Due Loan +90 days / Loan Portfolio - %

Individuals Businesses

0.4 0.50.6 0.6 0.6

0.90.9

1.01.2

1.1

(2) Projection made over 9- month volume

59.129.131.7

77.4

35.7

48.1

111.6

45.8

64.7

139.1

63.3

78.9

153.9

111.1

100.5

6.4 6.25.5 5.3

7.2

3.7 3.73.2 3.2

4.4

(1) Loan as Reference for Interest Rate

(3) Free Resources Source: Central Bank

Economic EnvironmentEconomic Environment

55

Board of Officers

Internal Audit

Board of Directors

Shareholders General Meeting

Board of Auditors

Directorships

Audit Commitee

CEO

VP of International Business and

Wholesale

Foreign Trade

Wholesale

Internationall

VP of Cards and New Retail Business

VP of Retail and Distribution

VP of Agribusiness

VP of Government

VP of Finance, Capital Markets

and IR

VP of Technology and Logistics

VP of Human Resources and

Social Environmental Responsability

VP of Credit, Controlling and

Risk Management

Cards

Consumer Lending and

Finance

Insurance, Pension and Capitalization

Distribution and Retail Channels

High Income

Agribusiness Government

Pension Fund Management

Finance

Capital Markets and Investment

Investor Relations

Logistics

Technology

Software Development

IT Infrastructure

Operational Support

Human Resources

Employee Relations and

Sponsored Companies

Controlling

Credit

Risk Management

Restructuring of Operational

Assets

Accounting

Internal Controls

Strategy and Organization

Security Management

Legal

Marketing and Communication

Executive Secretariat

Units

SME

Retail

Chanel

Sustainable Development

66

COBRABB-99,36% ON

99,35% TotalBI-0,04% ON

0,04% Total

BB LEASING

BB - 100% ON 100% Total

BB VIENA BB -100% ON

100% Total

BBCARTÕES

BB - 100% ON 100% Total

BB LEASING Co. LTD

BB - 100% ON 100% Total

BB DTVM

BB -100% ON 100% Total

BBCORRETORA

BB - 100%ON 100% Total

BAMBBB -100% ON

100% Total

BBCONSÓRCIOS

BB - 100% ON 100% Total

BANCO DO BRASIL

SECURITIES LLC BB - 100% ON

100% Total

BBSECURITIES

BAMB -100% ON 100% Total

BB TURISMO BAMB - 99% ONBB Leasing - 1% ON

100% Total

ATIVOS S.A. BB BI - 49% ON

74,50 % TotalBAMB - 51% ON 25,50% Total

ITAPEBI

BB-BI 19% ON 19% Total

KEPLER WEBER

BB-BI 18,94% ON 17,65% TotalBBDTVM 0,0245% ON 0,0228% Total

PRONORBB 1,77% PN 1,05% TotalBB-BI 5,51% PN 3,27% TotalBBDTVM 29,51% ON 12,02% Total

NEOENERGIA

BB-BI 8,81% ON 11,99% Total

BANCO DO BRASIL

MANAGED

BB PREVIDÊNCIA Entidade Fechada de Previdência Privada

SPONSORED

CASSI PREVIFBB

CONTROLLED

BANCO POPULAR DO BRASIL

BB -100% ON 100% Total

F OUNDATION

BANCO VOTORANTIM

BB 49,99% ON 50% Total

BESCVALBESCREDI BESCLEASING BB -100% ON 100% Total

BB BIBB - 100% ON

100% Total

BRASILPREV

BB Seguro 49,99% ON 49,99% Total

BRASILSAÚDE

BB Seguros 49,99% ON 49,99% Total

BRASILCAP

BB Seguros 49,99% ON 49,99% Total

BRASIL VEÍCULOS

BB Seguros 40% ON 70% Total

Strategic Participation

Grupo SeguridadeGrupo Seguridade

Non-Strategic Participation

BB ALIANÇAPARTICIPAÇÕES

BB - 100%ON 100% Total

BB SEGUROS PARTICIPAÇÕES

BB SEGUROS PARTICIPAÇÕES

BB – 100% ON 100%Total

CADAM

BB 56,19% PN 21,64% Total

Non-Strategic Participation

Strategic Participation

RELATED COMPANIES / PARTICIPATION

Strategic Participation

MAPFRE NOSSA CAIXA

BNC 49% ON 49% Total

NOSSA CAIXA ADM. DE CARTÕES

BNC 100% ON 100% Total

CIBRASEC

BB-BI 9,09% ON 9,09% Total

VISANET

BB BI 31,63% ON 31,63% Total

VISA VALE

BB BI 35,00% ON

40,35% Total

TECBAN

BB BI 8,96% ON 8,96% Total

Other ParticipationOther Participation

Strategic Participation

SBCE

BB-BI 12,088% ON 12,088% Total’’

Aliança do Brasil

100% ON 100% Total

BB BI

BB ALIANÇA PARTICIPAÇÕES

BANCO NOSSA CAIXA

BANCO NOSSACAIXA

BB –99,32% ON 99,32% Total

77

National Treasure

PREVI

BNDESPar

Foreign Investors Others

Participation

Ownership StructureOwnership Structure

Free Float - %

65.4%10.4%

2.5%

11.7%

10.1%

Free float: 21.8%

6.9

2005

3.5

3.4

14.8

2006

7.6

7.2

21.7

2007

11.7

10.0

21.5

2008

11.3

10.2

21.8

10.1

11.7

Sep/09

88

Price / Earnings

Share’s PerformanceShare’s PerformancePrice / Book Value

2.0

2005

2.5

2006

3.1

2007

1.4

2008 3Q09

8.1

2005

8.7

2006

14.9

2007

4.3

2008

9.0

3Q09

Earnings / Share – R$

1.7

2005

2.4

2006

2.0

2007

3.4

2008

0.8

3Q09

Dividends and Interest on Own Capital / Share – R$

0.6

2005

1.0

2006

0.8

2007

1.4

2008

0.3

3Q09

2.4

99

IbovespaBanco do BrasilBradesco Itaú

Share’s PerformanceShare’s Performance

269.8%

139.2%

270.3%

177.3%

dec/04 dec/05 dec/06 dec/07 dec/08 sep/09

1010

ProfitabilityProfitability

2005 2006 2007 2008

4.2

2005

6.0

2006

5.1

2007

8.8

2008

5.9

9M08 Sep/08 Sep/09

6.0

9M09

26.832.1

22.5

32.5 31.025.9

33.7

52.8

75.3

37.7

58.4

80.2

1.52.4 2.0

3.52.3 2.4

Net Income - R$ billionROE - %

Market Capitalization - R$ billionDividends and Interest on Own Capital - R$ billion

1111

Shareholder’s Equity - R$ billion

Capital StructureCapital Structure

BaselBasel

Tier IITier I

16.8

2005

20.8

2006

24.3

2007

29.9

2008

33.7

3Q09

17.1

11.7

5.4

2005

17.3

11.7

5.6

2006

15.6

10.7

4.9

2007

15.2

10.9

4.3

2008

13.0

3Q09

9.1

3.9

1212

253.0

2005

296.4

2006

367.2

2007

521.3

2008

685.7

Sep/09

Market Share¹ % Assets² - R$ billion

AssetsAssets

2 Including BV and Nossa Caixa1 Position of Jun/09 Source: Brazilian Central Bank - Consolidado Bancário I and II, without BNDES

CAGR: 30.5%CAGR: 30.5%

19.717.6

16.116.817.3

1313

Money Market Borrowing

Demand Deposits

Saving Deposits

Others

168.2208.1

260.6

362.0

Market Share¹ - %

R$ billion

Time Deposits

CAGR (%): 25.0

16.9

23.4

9.4

53.9

34.8

FundingFunding

1 Posição do SFN de Jun/09

63.530.532.835.85.5

2005

76.9

49.336.740.15.2

2006

85.5

72.3

51.35.6

45.8

2007

149.6

91.1

55.0

51.9

14.3

2008 3Q09

18.9 19.3 19.521.4

23.6

194.7

153.6

50.1

72.2

9.9

480.6

1414

127.6

194.7

327.0412.4

480.6310.8

Sep/08 Jun/09 Sep/09Sep/08 Jun/09 Sep/09

Sep/08 Jun/09

69.0

Sep/09 Sep/08 Jun/09

185.1

Sep/09

Total Funding

Savings Deposits

Total Deposits

Time Deposits

Balance – R$ billion Cost - % Selic

= 52.5% = 52.5%

= 37.1% = 37.1%

= 42.3% = 42.3%

= 52.6% = 52.6%

315.1 229.8

72.2

52.7

64.4 66.371.3 81.3

76.381.2

69.7 71.1 73.960.9 62.4

66.1

FundingFunding

1515

Individuals

Businesses

Agribusiness

Abroad

Loan PortfolioLoan Portfolio

CAGR (%): 31.7

13.5

18.8

34.5

50.8

R$ billion

Market Share¹ - %

1 Domestic Portfolio

101.8

18.4

38.5

35.7

9.2

2005

133.2

24.0

51.9

45.1

12.2

2006

160.7

32.0

65.5

51.9

11.4

2007

224.8

48.8

97.2

63.7

15.1

2008

285.5

Sep/09

85.7

117.0

68.1

14.8

16.515.3 16.0 17.1

20.1

1616

Others

Payroll Loans² Overdraft Account

Credit Cards Vehicle Loans¹

Consumer FinanceConsumer Finance

R$ billion

9.73.82.52.20.2

2005

18.4

9.5

8.33.12.20.9

2006

24.0

11.0

11.9

3.82.33.0

2007

32.0

14.4

17.6

7.62.56.7

2008

48.8

3Q09

85.7

CAGR (%): 50.7

238.2

7.6

36.4

79.4

21.8

Mortgage

20.3

34.0

8.0

19.3

1.3

2.9

1 Including BV2 Including BNC

1717

75.8

41.2

SMEMiddle and Corporate Enterprises

Credit to BusinessesCredit to Businesses

R$ billion

CAGR (%): 30.1

30.0

37.3

62.3

34.9

2008

97.2

40.9

24.6

2007

65.5

33.6

18.3

2006

51.9

23.1

15.4

2005

38.5

3Q09

103.4

1818

BusinessesIndividuals

Credit to AgribusinessCredit to Agribusiness

R$ billion

CAGR (%): 18.7

43.4

12.635.8

30.5

5,3

2005

45.1

36.6

8.5

2006

51.9

40.2

11.7

2007

63.7

45.2

18.5

2008

68.1

47.6

20.5

3Q09

1919

38.4%61.6%

Without insurance With insurance

Reinsurance %IRB 24SCOR 15SWISS RE 15PARTNER RE 15MÜNCHENER RÜCK 10

OTHERS 7Total 90

Working Capital

64.3%

63.5%

74.6%

39.8%

74.9%

08/09 CropR$ 15.5 billion

R$ million Total Insured % InsuredNorth 32.2 20.7 64.3%Northeast 109.2 69.3 63.5%Mid-West 929.4 693.2 74.6%Southeast 1,258.2 500.8 39.8%South 3,326.2 2,489.8 74.9%Total 5,655.2 3,773.8 66.7%

Working Capital

MAPFRE RE 4

*until September/2009

R$ 5.6 billion

09/10* Crop

33.3%66.7%

Crop Insurance Breakdown - %

AgribusinessAgribusiness

2020

2005 2006 2007 2008 3Q09

Required and Additional Provision / Loan Portfolio - %

Past Due Loans + 90 days / Loan Portfolio - %

Annualized Net Loss³ / Loan Portfolio - %

6.6 6.5 6.4 6.16.7

3.42.7 2.4

3.6

2.01.1 1.4

2.42.5

2.9

Provision Charges² - R$ million

2005 2006 2007 2008 3Q09

4,5275,743 5,378

6,800

8,679

4.7 5.0

3.7 3.64.7

Provision charges / Loan Portfolio¹ - %

Credit RiskCredit Risk

(1) Average Loan Portfolio and 12 months expenses(2) Without one-off items

(3) Net of credit recovery

2121

Net Interest IncomeNet Interest Income

Loan RevenuesOther Interest Revenues

R$ billion

Net Interest Income

19.2

14.4

2005

33.6

21.6

15.1

2006

36.7

25.3

14.7

2007

40.0

34.5

23.9

2008

58.4

9M08

38.1

9M09

47.3

23.529.7

14.6

17.7

16.818.1

20.8

24.1

11.4

15.5

2222

Agribusinesses - %

Individuals - %Businesses - %

8.4 8.1 6.9 6.7 7.2

30.1 28.725.4

21.0 19.8

2005 2006 2007 2008 9M09

8.6 8.1 7.6 7.1 6.8

19.0 15.1 11.8 12.5 10.4

45.153.7

64.056.9

65.2

2005 2006 2007 2008 9M09

Global¹ - %

Cumulative Selic² - %

Global Spread¹ / Cumulative Selic² - %

NIM by Product NIM vs. Selic

6.0 5.5 6.3 5.1 5.3

SpreadSpread

(1) Net Interest Income over Earning Assets(2) Annualized

2323

ProductivityProductivity

Administrative Expenses¹ Operating Income¹

Cost / Income Ratio without one-off items - %

R$ billion

(1) without one-off items

2005

13.1

27.3

2006

13.7

28.9

2007

14.3

30.9

2008

15.4

34.0

9M08 9M09

11.514.2

25.2

33.1

43.045.745.346.247.548.1

2424

ProductivityProductivity

Administrative Expenses¹ Fee IncomeCoverage Ratio without one-off items - %

R$ billion

(1) without one-off items

7.5 7.6

2005

7.98.9

2006

7.8

9.9

2007

8.5

10.5

2008 9M08 9M09

102.3112.9

127.7 124.5

140.1129.5

6.3

7.68.8

9.9

2525

Debit Cards Issued - million

Credit and Debit CardsCredit and Debit Cards

Revenues – R$ billion

Credit Cards Issued - million

CAGR (%): 15.7

33.5

10.2

40,0 41,7 47.2 52.7

9,3 14,121.3

25.4

2005 2006 2007 2008

49.355.8

68.578.1

3Q08

77.0

3Q09

85.1

52,0 57.6

25,027.5

17.0 23.7

66.250.5

38.630.3

2626

Points of Service - thousand

Transaction in Automated Channels - %

Employees - thousand

OthersBranches2005

10.9

3.9

2006

14.8

11.1

4.0

2007

15.1

11.3

4.0

2008

15.3

11.6

4.3

3Q09

16.0

2005

89.2

2006 2007

90.0 91.3

2008

91.1

3Q09

ATM - thousand

2005

40.2

2006

39.7

2007

39.3

2008

39.7

3Q09

2005

83.8

2006

82.7

2007

81.9

2008

89.0

3Q09

104.1

12.3

5.0

17.2

43.8 92.2

StructureStructure

2727

StructureStructure

Distribution Network by Customer

Northeast

Varejo 1,001Atacado 7Governo 9Alta Renda 10

Varejo 2,064Atacado 46 Governo 5Alta Renda 47Varejo 1,064

Atacado 22Governo 3Alta Renda 9

Varejo 393Atacado 5Governo 5Alta Renda 11

Varejo 246Atacado 2Governo 7Alta Renda 2

North

Midwest

South

Southeast

5.2%

8.4%

20.7%

43.6%

22.1%

2828

StructureStructure

Transactions per Channels - %

TAA

Internet Individuals

Cash

POS

Others

Internet Banking – million of clients

Internet Businesses

3Q093Q08

2005 7.9

2006 8.2

2007 8.5

2008 8.6

3Q09 9.1

37.8

21.1

18.6

5.98.8

7.8

40.6

14.9

20.2

9.98.7

5.8

2929

Asset ManagementAsset ManagementClient Profile

Investment Profile

R$ billion

153.5

2005

182.7

2006

220.1

2007

246.3

2008

311.4

3Q09

CAGR: 20.8%CAGR: 20.8%

Retail

Wholesale

Government

InstitutionalInvestors

ForeignInvestors

36.6%

22.0%

27.0%

10.0%4.5%

56.5%

15.2%

15.3%

13.0%

Fixed Income

Multimarket

Equities

Others

3030

217.7 214.7 217.2282.0 252.6

543.9751.8

Fee Income

Credit Cards R$ billion

3Q08 4Q08 1Q09 2Q09 3Q09 3Q08 4Q08 1Q09 2Q09 3Q09 9M08 9M09

Insurance Net Income²

9M08 9M09

17.0 19.4 18.021.2 23.7

46.9

62.9

(1) Including BV

= 34.2% = 34.2% = 38.2% = 38.2%

R$ billion

3Q08

2.9

4Q08

3.1

1Q09 3Q09

2.9 3.4

2Q09

8.89.9

9M08 9M09

R$ million

3.5241.5 246.3 259.3

293.9311.4

3Q08 4Q08 1Q09 2Q09 3Q09

Assets under management¹

516.3465.4 445.5

506.4 531.5

AUM Fees - R$ million

= 13.1% = 13.1% = 6.0% = 6.0%

Insurance Ratio³ - %

(2) Not including Nossa Caixa

10.7 13.2 14.316.3 14.3

10.815.0

(3) Insurance Net Income / BB’s Recurring Net Income

Cards, Insurance and AUM BusinessesCards, Insurance and AUM Businesses

3131

Investor Relations UnitSBS - Quadra 1 - Bloco C - Ed. Sede III - 5° floor

70073-901 - Brasília (DF)Phone: 55 (61) 3310-3980

Fax: 55 (61) 3310-3735

bb.com.brri@bb.com.br

DisclaimerDisclaimer - This presentation contains references and statements. planned synergies. increasing estimates. projections of results and future strategy for Banco do Brasil. it’s Associated and Affiliated Companies and Subsidiaries. Although these references and statements reflect the

management’s belief. it also involves imprecision and high difficult risks to be foreseen. consequently. it may conduct to a different result than the one anticipated here. These expectations are highly depended on market conditions. on the Brazilian economic performance. on the sector and the

international market. Banco do Brasil is not responsible for bringing up to date any estimate in this presentation.

For further information access www.bb.com.br/ri