1 Investor Relations Banco do Brasil 2Q06 Results Banco do Brasil 2Q06 Results Investor Relations

2 HighlightsHighlights (1) Past Due Loans + 60 days R$ million

3 Investor Relations Dividends / Interest on Own Capital ,555 R$ million

4 Investor Relations 4,046 4,199 4,3984,406 4, Q053Q054Q051Q062Q06 Net Interest Income - R$ millionNIM¹ annualized - % Net Interest Income (1) Net Interest Margin over Earning Assets

5 Investor Relations R$ million 1Q06 - %2Q06 - % Loan Portfolio IndividualsSMEsBusinessesAgribusinessAbroad

6 Investor Relations R$ million ,080 1,118 1,004 1,668 2,366 3,843 3,419 3,065 4,286 5,185 2Q053Q054Q051Q062Q06 CDC Electrônico¹CDC Salário²CDC Payroll LoansCDC Total (1) Loan to individuals with pre-approved credit, through ATM (2) Granted to whom receives his/her wage in BB’s account Consumer Finance (CDC)

7 Investor Relations BB AA-CD-HAA-CD-H 1Q06 2Q Credit Risk - % (1) Source: Brazilian Central Bank Banking Industry¹ RetailCommercialAgribusinessForeign Trade Abroad

8 Investor Relations 1, ,498 1,345 1, Q053Q054Q051Q062Q Delinquency and Provision for Credit Risk Quarterly Provision Expenses - R$ million Provision Expenses / Loan Portfolio¹ - % 2Q053Q054Q051Q062Q06 Allowance for loan losses / Loan Portfolio - % Past Due Loans + 15 days / Loan Portfolio - % Past Due Loans + 60 days / Loan Portfolio - % (1) Average Portfolio and Expenses of the last 12 months

9 Investor Relations Individuals Credit Deliquency¹ Jun/05Aug/05Oct/05Dec/05Feb/06Apr/06Jun/06 Banking IndustryBB Past Due Loans + 15 days - %Past Due Loans + 90 days - % (1) Free Funds Operations except Funds e Programs, Credit Card Fin., Leasing. Banking Industry

10 Investor Relations 2005 (crop 2004/2005): Rolling-over authorized after the default and, in some cases, the lawsuit filing.  risk worsening and higher level of provision  losses and delinquency  R$ 2.8 billion rolled-over 2006 (crop 2005/2006): Environment improvement and government implement actions before the default, because the farmer yield was insufficient to assure the 2006 payment and 2005 rolled-over debts.  rural credit rolling-over (CMN Resolution 3363, 3371, 3373 and 3376)  CPR refinancing with FAT funds (CODEFAT Resolution 497)  financing, with credit rural funds, of securitization installments of 2005 or 2006, PESA or Recoop (law )  funds to support marketing (price maintenance)  R$ 6.2 billion rolled-over BB agribusiness portfolio impacts:  R$ 3.3 billion allowance for loan losses balance as of  R$ 2.2 billion over 15 days past due loans balance as of  write-off:R$ 389 million and R$ 382 million - 1H06  R$ 8.4 billion rolled-over balance - up to 5 years to be paid from July/2007 Agribusiness - Rolling-Over

11 Investor Relations Allowance for loan losses / Loan Portfolio 8.2% 5.6% Jun/05Aug/05Oct/05Dec/05Feb/06Apr/06Jun/06 Past Due Loans + 15 days / Loan Portfolio 146.1% delinquency covered by provision

12 Investor Relations Agribusiness - Next Steps R$ million

13 Investor Relations R$ million Q053Q054Q051Q062Q Q053Q054Q051Q062Q06 Fee Income Account Holders - millionAssets Under Management - R$ billion (Fees + NII) per account holder¹ - R$ Market Share - % (1) 12 months average

14 Investor Relations R$ million Administrative Expenses

15 Investor Relations Q053Q054Q051Q062Q Q053Q054Q051Q062Q06 Coverage¹ Ratio - % (1) Fee Income / Personnel Expenses - YTD (2) Administrative Expenses / Operating Income - YTD Productivity Ratios Efficiency² Ratio - %

16 Investor Relations Shareholder Base Shareholding Breakdown before and after the Offering and Subscription Warrants

17 Investor Relations BB Public Offering

18 Investor Relations Jan/06Feb/06Mar/06Apr/06Mai/06Jun/06Jul/06 BradescoItaúUnibancoBanco do Brasil 3º 5º 9º 11º 3º 7º 14º 27º Liquidity Ranking BB Public Offering

19 Investor Relations Investor Relations Division SBS - Quadra 1 - Bloco C - Ed. Sede III - 5° floor Brasília (DF) Phone: 55 (61) Fax: 55 (61) Disclaimer 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