Banco do Brasil 3Q07 Results

Net Income 35.9 29.2 31.0 29.4 29.4 24.0 26.7 17.8 19.8 26.3 4,796 20.9 4,646 18.0 1,582 3,841 1,409 1Q07 2Q07 1,464 1,068 1,248 4Q06 1,364 832 3Q06 907 2,417 Δ Recurring Net Income – 90.2% Δ Recurring Net Income – 92.2% 3Q07 9M06 9M07 Net Income – R$ million ROE (Annualized) - % Recurring Net Income – R$ million Recurring ROE (Annualized) - %

( ) ( ) Net Income Changes Recurring Net Income 2Q07 1,464 R$ million Recurring Net Income 2Q07 1,464 Income Taxes 116 Other Operating Income 82 Fee Revenues 61 Other Effects 11 Administrative Expenses 100 Net Interest Income 52 ( ) Recurring Net Income 3Q07 1,582 ( ) One-off Expenses 218 Net Income 3Q07 1,364

Net Interest Income 15.3 R$ billion 13.3 5.2 5.2 1.7 4.8 4.8 4.4 1.2 9.6 10.2 0.4 14.6 3.0 6.1 0.5 4.8 3.2 6.1 0.8 4.8 3.3 5.8 0.4 4.6 13.9 3.4 5.4 0.3 4.7 3.4 18.7 15.8 5.1 6.5 3Q06 4Q06 1Q07 2Q07 3Q07 9M06 9M07 Net Interest Income Loan Revenues Interest Expense Security Revenues Other Interest Revenues

Annualized NIM by Loan Portfolio - % Net Interest Income 14.6 13.6 12.9 12.3 11.5 8.2 8.4 8.1 8.0 7.5 3Q06 4Q06 1Q07 2Q07 3Q07 Average Selic Annualized - % NIM Annualized¹ - % Annualized NIM by Loan Portfolio - % 31.4 31.8 28.9 28.8 27.7 8.5 8.0 7.3 7.0 7.2 5.2 6.4 7.0 6.6 6.6 3Q06 4Q06 1Q07 2Q07 3Q07 (1) Net Interest Income over Earning Assets Individuals Businesses Agribusinesses

Investment Interest Rate Long Exposure vs. Interest Rate Related to Selic - % 130.5 127.2 124.8 128.1 Investment Interest Rate 112.6 65.0 62.1 62.0 61.5 Funding Interest Rate 58.1 49.4 46.4 36.1 29.9 27.7 22.9 19.0 18.2 12.7 14.6 3Q06 4Q06 1Q07 2Q07 3Q07 Domestic Long Net Exposure - R$ billion Floating Rate Fixed Rate

Loan Portfolio Δ % over Sep/06 Jun/07 26.9 3.4 150.2 56.3 48.8 27.9 R$ billion Δ % over Sep/06 Jun/07 26.9 3.4 150.2 56.3 48.8 27.9 12.2 Jun/07 145.2 55.2 46.8 26.1 12.3 Mar/07 140.4 20.4 2.8 51.9 45.1 24.0 12.2 Dec/06 133.2 12.6 44.4 40.3 23.2 10.4 Sep/06 118.3 27.3 5.7 29.5 20.1 (0.7) 48.4 34.3 5.9 59.7 Sep/07 Businesses Individuals Agribusinesses Abroad

Loan Portfolio - Individuals R$ billion Δ % over 3Q06 2Q07 27.3 5.7 29.5 3.4 2.6 10.2 9.9 27.9 1.7 3.2 2.7 9.3 9.6 26.1 1.3 3.1 2.2 8.3 9.5 24.0 0.9 2.8 2.3 7.4 10.1 23.,2 0.6 0.8 0.8 10.1 49.8 8.3 11.0 7.7 (2.0) 2.6 28.6 5.7 3.6 250.9 29.4 2.2 3Q06 4Q06 1Q07 2Q07 3Q07 Cars Loan Overdraft Account Credit Card Payroll Loan Others

Required Provision / Past Due Loan + 90 days - % Credit Risk Average Risk - % 6.9 6.2 6.2 6.0 6.7 5.8 BB Banking Industry 5.4 5.4 5.4 5.4 Required Provision / Past Due Loan + 90 days - % 213.9 175.1 214.0 170.1 222.7 173.1 221.9 166.2 202.8 167.7 BB Banking Industry 3Q06 4Q06 1Q07 2Q07 3Q07

Delinquency and Provision for Credit Risk 5.6 5.0 4.8 4.1 3.7 1,385 1,431 1,257 1,236 1,216 7.4 6.5 6.5 6.5 6.4 3Q06 4Q06 1Q07 2Q07 3Q07 Provision Expenses - R$ million 5.2 4.7 4.1 4.2 Provision Expenses / Loan Portfolio¹ - % 4.1 3.8 3.4 2.9 2.8 2.8 3Q06 4Q06 1Q07 2Q07 3Q07 Provision / Loan Portfolio - % Past Over Due Loans + 15 days / Loan Portfolio - % (1) Average Portfolio and Expenses of the past 12 months Past Over Due Loans + 60 days / Loan Portfolio - %

Credit Risk Provisions Breakdown R$ million 9,663 9,441 8,757 9,133 8,635 1,580 548 1,655 1,582 1,397 8,209 8,084 7,238 7,551 7,786 Sep/06 Dec/06 Mar/07 Jun/07 Sep/07 Total Provision Required Provision Additional Provision

Deposits Δ % over Sep/06 Jun/07 18.8 4.6 172.2 164.5 158.8 160.7 6.0 R$ billion Δ % over Sep/06 Jun/07 18.8 4.6 172.2 164.5 158.8 160.7 6.0 4.6 10.1 5.4 144.9 5.3 5.2 5.7 83.6 81.4 15.7 2.7 76.9 80.9 72.3 38.7 40.1 35.6 36.8 19.3 5.1 32.4 40.8 43.8 27.2 7.3 34.4 36.7 38.9 Sep/06 Dec/06 Mar/07 Jun/07 Sep/07 Saving Deposits Demand Deposits Time Deposits Others

Fee Income R$ million Δ % over 3Q06 2Q07 10.9 2.5 2,498 2,437 2,377 2,252 2,287 25.6 6.6 352 330 300 280 293 727 10.3 1.6 703 716 659 672 1,419 8.1 2.0 1,313 1,322 1,373 1,391 3Q06 4Q06 1Q07 2Q07 3Q07 Products Customers Others

Customers and Asset Management 19.7 19.1 19.1 19.1 18.1 208.9 206.9 193.1 180.6 182.7 Δ= (1.0)% Δ= 14.5% Customers - million 3Q06 4Q06 1Q07 2Q07 3Q07 24.1 22.6 1.5 3Q06 24.4 22.8 1.6 4Q06 24.6 23.0 1.6 1Q07 23.3 1.6 2Q07 24.9 25.2 Market Share - % 1.6 Assets under Management - R$ billion 23.6 3Q07 Individuals Companies

Insurance 315 1Q07 316 2Q07 300 4Q06 294 250 3Q06 Δ= (7.0)% Δ= 17.6% Value Added¹ - R$ million 315 1Q07 316 2Q07 300 4Q06 294 250 3Q06 Δ= (7.0)% Δ= 17.6% 3Q07 (1) Includes equity income, fee income, brokage and asset management income

Credit Cards 558 4Q06 560 2Q07 542 508 1Q07 495 Δ= (3.2)% Δ= 9.4% 3Q06 Value Added¹ - R$ million 558 4Q06 560 2Q07 542 508 1Q07 495 Δ= (3.2)% Δ= 9.4% 3Q06 3Q07 (1) Includes fee income, financing income, equity income and others

Credit Cards 17.8 15.7 14.1 14.4 11.4 12.3 10.9 11.5 11.2 9.4 Δ= 7.0% Δ= 30.6% 3Q06 4Q06 1Q07 2Q07 3Q07 Credit Cards - million (1) Includes Credit Cards and Debit Cards Revenue¹ - R$ billion

Administrative Expenses R$ million Δ % over 3Q06 2Q07 4.7 3.1 3,362 3,331 3,182 3,232 3,149 1,516 1,378 1,401 1,519 1,572 14.1 3.5 1,804 1,846 1,748 1,713 1,759 (2.5) 2.7 3Q06 4Q06 1Q07 2Q07 3Q07 Personnel Expenses¹ Other Administrative Expenses¹ (1) Legal risk and extraordinary items are not included.

Points of Service - thousand Human Resources and Logistics Workforce - thousand 82.6 10.2 3Q06 82.7 4Q06 9.9 82.5 10.1 1Q07 79.3 9.8 2Q07 9.5 80.0 Points of Service - thousand 3Q07 15.0 15.1 15.1 15.2 15.2 Employees Interns 4.0 4.0 4.0 4.0 4.0 11.0 11.1 11.2 11.2 11.2 3Q06 4Q06 1Q07 2Q07 3Q07 Branches Others

Productivity Ratio R$ billion 130.2 130.6 127.9 113.4 112.9 110.1 107.2 2.4 2.5 2.5 2.4 1.9 2.4 2.2 1.9 2.3 2.0 3Q06 4Q06 1Q07 2Q07 3Q07 Recurring Coverage Ratio¹ - % Fee Income Coverage Ratio¹ - % Personnel Expenses (1) Year to Date

Administrative Expenses Productivity Ratio R$ billion 49.1 50.8 47.5 46.5 44.1 44.7 45.5 7.5 7.7 7.7 7.1 7.1 4.2 4.2 3.6 3.4 3.3 3Q06 4Q06 1Q07 2Q07 3Q07 Recurring Efficiency Ratio¹ - % Administrative Expenses Efficiency Ratio¹ - % Operating Income (1) Year to Date

BIS Ratio % 17.7 17.3 17.2 15.9 15.7 5.8 5.6 5.5 5.3 5.2 11.9 11.6 11.6 10.6 10.5 Sep/06 Dec/06 Mar/07 Jun/07 Sep/07 Tier I Tier II

Investor Relations Unit SBS - Quadra 1 - Bloco C - Ed. Sede III - 5° floor 70073-901 - Brasília (DF) Phone: 55 (61) 3310.3980 Fax: 55 (61) 3310.3735 www.bb.com.br ri@bb.com.br Disclaimer - 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