1

Banco do Brasil1Q09

2

Economic EnvironmentEconomic Environment

Selic Interest Rate IPCA - Price Index

Ratio - %

1Q09

11.3

5.6

2008

13.8

5.9

2007

11.3

4.5

2006

13.3

3.1

2005

18.0

5.7

3

Economic EnvironmentEconomic Environment

International Reserves Volume

Sovereign Risk - basis points

Trade Balance

US$ billion

2005 2006 2007 2008 1Q09

53.8 44.7

85.8

46.1

180.3

40.0

206.8

24.7

202.4

3.0

305193 222

416 425

4

Banking IndustryBanking Industry

Businesses IndividualsLoan / GDP - %

Loan Segments - Free Resources %

Source: Brazilian Central Bank

31.2 30.7

34.7

41.3 42.5

2005

52.847.2

2006

52.247.8

2007

51.948.1

2008

54.7

45.3

1Q09

53.346.7

5

Others

Vehicles

Payroll Loan

Credit Cards / Overdraft Account

Individual Loan Segments¹ - %

Loan SegmentsLoan Segments

¹ Referential Credito to Tax RateSource: Brazilian Central Bank

2005

32.6

32.7

20.4

14.3

2006

28.7

33.1

25.1

13.1

2007

26.6

34.0

26.8

12.6

2008

26.9

29.9

28.9

14.3

1Q09

26.5

29.0

29.1

15.3

6

Board of Officers

Internal Audit

Board of Directors

Shareholders General Meeting

Board of Auditors

Foreign Trade

Wholesale

International

SecurityManagement

ExecutiveSecretariat

Strategyand

Organization

Marketing andCommunication

Legal

Internal Controls

Directorships Units

Cards

New RetailBusiness

Insurance.Pension and Capitalization

High Income

Retail

Micro and Small

Enterprises

Agribusiness

OperationalSupport

LogisticsGovernment

EmployeeRelations

and Social Env.Resp.

Finance Human Resources

Controlling

Credit

RiskManagement

Pension Fund Management

Capital Markets

and Investment

Investor Relations

Accounting

Reestructuringof Operational

Assets

Audit Committee

Distribution and RetailChannels

CEO

VP of International

Businessand Wholesale

VP ofCards and New Retail Business

VP of Technology

and Logistics

SoftwareDevelopment

VP ofHuman

Resources andSocial

EnvironmentallResponsability

VP of Credit.

Controlling and Risk

Management

IT Infraestructure

Technology

VP ofFinance.

Capital Marketsand IR

VP ofGovernment

VP ofAgribusiness

VP ofRetail and

Distribution

Low Income

7

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

BB BIBB - 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

BRASILPREV

BB-BI 49.99% ON 49.99% Total

CIBRASEC

BB-BI 9.09% ON 9.09% Total

SBCE

BB-BI 12.09% ON 12.09% Total

BRASILSAÚDE

BB-BI 49.92%ON 49.92% Total

VISANET

BB BI 31.63% ON 31.63% Total

Securities GroupSecurities Group

ITAPEBI

BB-BI 19% ON 19% Total

BRASILCAP

BB-BI 49.99% ON 49.99% Total

KEPLER WEBER

BB-BI 18.94% ON 17.65% TotalBBDTVM 0.0245% ON 0.0228% Total

VISA VALE

BB BI 35% ON

40.35% Total

PRONORBB 1.77% PN 1.05% TotalBB-BI 5.51% PN 3.27% TotalBBDTVM 29.51% ON 12.02% Total

Strategic Participation

Non-strategic Participation

BRASIL VEÍCULOS

BB-BI 40% ON 70% Total

NEOENERGIA

BB-BI 8.81% ON 11.99% Total

TECBAN

BB BI 8.96% ON 8.96% Total

B B

CADAM

BB 56.19% PN 21.64% Total

Non-Strategic Participation

MANAGED

BB PREVIDÊNCIA

Closed Private Pension Entity

SPONSORED

CASSI PREVIFBB

Other ParticipationOther Participation

RELATED COMPANIES / PARTICIPATION

B B B I

C O N T R O LLED

BANCO POPULAR DO BRASIL

BB -100% ON 100% Total

FOUNDATION

Multiple BankNational Treasury 54.33 % Previ 10.15 %BNDESPAR 2.49 % Individuals 5.78 %Businesses 5.36 % Foreign Capital 10.56 %Shares in Treasury 0.04 %

ALIANÇADO BRASIL

BBBI - 100%ON 100% Total

8

National Treasure

PREVI

BNDESPar

Foreign Investors Others

Participation

Ownership StructureOwnership Structure

Free Float - %

65.6%10.2%

2.5%

10.6%

11.1%

Free float: 21.7%

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

21.7

11.1

10.6

1Q09

9

Price / Book Value

Price / Earnings

Share’s PerformanceShare’s Performance

2.0

2005

2.5

2006

3.1

2007

1.4

2008

1.4

1Q09

8.1

2005

8.7

2006

14.9

2007

4.3

2008

5.3

1Q09

10

Share’s PerformanceShare’s Performance

Earnings / Share – R$

Dividends and Interest on Own Capital / Share – R$

0.6

2005

1.0

2006

0.8

2007

1.4

2008

0.26

1Q09

1.7

2005

2.4

2006

2.0

2007

3.4

2008

0.65

1Q09

11

Share’s PerformanceShare’s Performance

85.2%

56.2%

140.6%

77.3%

IbovespaBanco do Brasil Bradesco Itaú

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

12

ProfitabilityProfitability

Net Income - R$ billionROE - %

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

4.2

2005

6.0

2006

5.1

2007

8.8

2008

2.3

1Q08

1.7

1Q09

26.832.1

22.5

32.5

43.5

23.8

33.7

2005

52.8

2006

75.3

2007

37.7

2008

58.7

1Q08

43.3

1Q09

1,4982,418 2,023

3,521

939 666

13

Shareholder’s Equity - R$ billion

Capital StructureCapital Structure

BaselBasel

Tier I Tier II

16.8

2005

20.8

2006

24.3

2007

29.9

2008

30.9

1Q09

17.1 17.315.6 15.2 15.0

11.7 11.7 10.7 10.9 10.4

5.4 5.64.9 4.3 4.6

2005 2006 2007 2008 1Q09

14

Market Share % Assets² - R$ billion

AssetsAssets

(¹) Until Dec/08 - Source: Brazilian Central Bank (²) Economic-Financial Consolidated

253.0

2005

296.4

2006

367.2

2007

521.3

20082

591.9

1Q092

CAGR: 29.9%CAGR: 29.9%

15.1% 14.8% 14.3% 18.1% 20.5%1

15

Money Market Borrowing

Demand Deposits

Saving Deposits

Others

Market Share - %

R$ billion

Time Deposits

FundingFunding

(¹) Until Dec/08 - Source: SFN

168.2208.1

260.6

362.0

CAGR (%): 31.7

14.9

26.5

8.9

46.9

37.4

411.5

63.5

30.532.835.8

5.5

2005

76.9

49.3

36.7

40.1

5.2

2006

85.5

72.3

51.3

5.6

45.8

2007

149.6

91.1

55.0

51.9

14.3

2008

19.1% 19.6% 19.8%21.7%

24.7%1

178.5

106.5

70.6

47.3

8.7

1Q09

16

100.0

Saving Deposits

Time Deposits

Judicial Deposits

Total Deposits

Money Market Borrowing

Total Funding

Funding Cost - as % of Selic

FundingFunding

68.04%

83.87%

46.76%

67.08%

107.36%

77.91%

17

Individuals

Businesses

Agribusiness

Abroad

Loan PortfolioLoan Portfolio

R$ billion

Market Share* - %

(*)Sep/08 - Domestic Portfolio

CAGR (%): 30.5

15.7

19.9

34.8

44.7

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

241.9

61.1

101.8

64.3

14.7

1Q09

16.515.3

16.017.1

18.3

18

Others

Payroll Loans Overdraft Account

Credit Card Vehicle Loans

Consumer FinanceConsumer Finance

R$ billion

9.7

3.82.52.20.2

2005

18.4

9.5

8.3

3.12.20.9

2006

24.0

11.0

11.9

3.82.33.0

2007

32.0

14.4

17.6

7.6

2.56.7

2008

48.8

18.4

24.8

7.5

3.47.0

1Q09

61.1

CAGR (%): 44.7

195.6

13.9

40.4

78.0

22.0

19

SMEMiddle and Corporate Enterprises

Credit to BusinessesCredit to Businesses

R$ billion

CAGR (%): 34.8

31.3

37.1

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

64.3

37.4

1Q09

101.7

20

BusinessesIndividuals

Credit to AgribusinessCredit to Agribusiness

R$ billion

CAGR (%): 19.8

46.2

13.735.8

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

64.3

46.3

18.0

1Q09

21

Provision Expenses - R$ billionProvision Expenses/Loan Portfolio¹ - %

Credit RiskCredit Risk

(1) Average Loan Portfolio and Expenses in the last 12 months.

4.5

2005

5.7

2006

5.4

2007

6.8

2008

7.8

1Q09

3.84.7 5.0

3.7 3.6

22

Additional + Required Provision / Loan Portfolio - % Required Provision / Loan Portfolio - %

Past Due Loans + 90 days / Loan Porfolio - % Losses¹ / Loan Portfolio - %

Credit RiskCredit Risk

(1) Net of Recovery

6.6 6.46.1

6.4

5.4 5.4 5.7

1.42.2

6.5

2.72.42.73.4

2.5

5.45.8

2.0

2.9

1.1

2005 2006 2007 2008 1Q09

23

Net Interest IncomeNet Interest Income

Loan RevenuesOther Interest Revenues

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

23.5

2008

58.0

7.23.8

1Q08

11.0

9.0

6.3

1Q09

15.3

16.718.1

20.8

24.1

5.67.0

R$ billion

24

NIMNIM

(1) Annualized Net Interest Income over Earning Assets

AgribusinessIndividuals Businesses

Selic - %

NIM¹ - %

Annualized NIM by Loan Portfolio - %

18.0

13.311.3

13.811.3

6.67.17.68.18.6

2005 2006 2007 2008 1Q09

30.1 28.725.4

21.0 20.5

6.36.0 5.5 5.95.1

7.26.78.18.4

6.9

2005 2006 2007 2008 1Q09

25

ProductivityProductivity

Administrative Expenses¹ Operating Income¹Cost/Income Ratio without one-off Itens - %

(1) without one-off itens

R$ billion

13.1

27.3

13.7

28.9

3.7

8.2

4.1

9.5

2005 2006

14.3

30.9

2007

15.4

34.0

2008 1Q08 1Q09

43.344.745.346.247.548.1

26

ProductivityProductivity

Administrative Expenses¹ Fee Income¹Coverage Ratio without one-off Itens - %

(1) without one-off itens

R$ billion

102.3112.9

127.7 124.5

150.8

131.9

7.5 7.6

2005

7.98.9

2006

9.9

7.8

2007

8.5

10.5

2008

1.92.9

1Q08

2.22.9

1Q09

27

Credit and Debit CardsCredit and Debit Cards

Debit Cards Issued - million

Revenues – R$ billion

Credit Cards Issued - million

CAGR (%): 15.4

36.7

9.0

40.0 41.7 47.2 52.7

9.3 14.121.3

25.7

2005 2006 2007 2008

48.2 52.9

22.425.7

1Q08 1Q09

49.355.8

68.578.4

70.678.6

18.014.5

66.250.5

30.338.6

28

StructureStructure

Individuals Businesses

Checking Accounts - million

Employees - thousand

83.82005

82.72006

81.92007

89.02008

89.51Q09

2005 24.420,823,023.0 1.5

2006 25.723,024,224.2 1.6

2007 27.425,025,725.7 1.7

2008 30.426,728,528.5 1.9

1Q09 30.628,532,228.7 1.9CAGR (%): 7.2

7.1

7.2

29

StructureStructure

Others Branches

Points of Service - thousand

Transaction in Automated Channels - %

2005 14.810.9 3.9

2006 15.111.1 4.0

2007 15.311.3 4.0

2008 16.011.6 4.3

1Q09 16.211.9 4.4

89.22005

90.02006

91.32007

91.12008

91.31Q09

30

Retail 995Wholesale 7Government 9High Income 10

Retail 1.483Wholesale 46 Government 5High Income 47Retail 1.057

Wholesale 22Government 3High Income 9

Retail 391Wholesale 5Government 5High Income 10

Retail 239Wholesale 2Government 7High Income 2

5.7%

9.4%

23.9%

35.6%

25.4%

StructureStructure

Distribution Network by Customer

Northeast

North

Midwest

South

Southeast

31

ATMInternet Individuals

CashPOSOthers

Internet Businesses

StructureStructure

Transactions per Channels - %

Internet Banking – million of customers

2003 7.9

2006 8.2

2007 8.5

2008 8.6

1Q09 8.7

40.7

16.3

18.4

8.7

9.56.3

40.5

16.0

19.3

9.5

9.2 5.61Q09 1Q08

32

Client ProfileClient Profile

Retail

Wholesale

Government

InstitutionalInvestors

ForeignInvestors

Investment ProfileInvestment Profile

Fixed Income51.6%

Multi-strategy17.4%

Equities17.4%

Others13.6%

R$ billion

Asset ManagementAsset Management

153.5

2005

182.7

2006

220.1

2007

246.3

2008

259.3

1Q09

CAGR: 17.5%CAGR: 17.5%

23.1%

9.3%

21.9% 40.6%

5.0%

33

Insurance - Added ValueInsurance - Added Value

R$ million

2005

889

2007

1,209

2008

1,511

1Q08

302371

1Q09

1,130

2006

CAGR: 17.7%CAGR: 17.7%

34

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