1. Investor Relations | page 1 Unibanco and Unibanco Holdings, S.A. Consolidated Results 3 rd Quarter 2005 November 11, 2005 Investor Relations

2. Investor Relations | page 2 7.9 8.1 8.4 21.0% 17.8% 20.1% 3Q044Q041Q05 Annualized ROAE (%) 8.7 23.0% 2Q05 Stockholders’ Equity (R$ bln) 3Q05 9.0 23.3% 9M049M05 16.4% 21.3% 7.9 9.0 Net Income +46.4% +51.1%  9M05 / 9M04 3Q059M05 R$ 1,329 million R$ 2,158 million R$ 475 million R$ 763 million Operating Income Performance

3. Investor Relations | page 3 Highlights Results Loan Portfolio Growth Fee Income Cost Management 1.3% annual growth in Administrative Expenses (or 8.6%, excluding Credicard and Orbitall) In the quarter, a growth of 7.4% (or 4.3%, excluding the non-recurring Collective Wage Bargaining Agreement) 980 b.p. improvement in efficiency ratio: 51.4% in the 3Q05 9.6% growth in the quarter. Highlights: credit cards and capital markets operations 20.5% growth when compared to 3Q04 (excludes revenues from Credicard and Orbitall) 46.4% net income growth, 9M05 x 9M04 4.9% net income growth, 3Q05 x 2Q05 Full absorption of the Annual Collective Wage Bargaining Agreement, in the total amount of R$44 million Individuals: 33.2% SME’s: 38.4% Corporate: 12.4% Total loan portfolio: 24.0% Annual Growth

4. Investor Relations | page 4 Performance: 9M05 x 9M04 Loan Portfolio Core Deposits Financial Margin before Provision Provision for Loan Losses Fee Income* Adm. Expenses*Operating Income Net Income 100 124 100 116 100 111 100 109 100 128 100 151 100 138 100 146 9M059M04 Basis: 100 (*) Excludes Credicard/Orbitall

5. Investor Relations | page 5 R$ millions Income Statement 3Q052Q053Q049M059M04 Profit from Financial Intermediation 1,589 1,529 1,377 4,607 3,673 (+) Fees from Services Rendered 870 794 829 2,430 2,390 (-) Personnel & Adm. Expenses (1,323) (1,232) (1,308) (3,741) (3,693) (+/-) Other Operating Income/Expenses (373)(407)(342)(1,138)(942) (=) Operating Income 7636845562,1581,428 (+/-) Non-Operating Income (6) 17 (5) 4 1 (+/-) Income Tax and Social Contribution (170) (129) (141) (464) (238) (Effective Income Tax Rate) 25%21%28%24%19% (-) Profit Sharing/Minotiry Interest (112) (119) (83) (369) (283) Net Income 475 453 327 1,329 908

6. Investor Relations | page 6 Evolution Financial Margin (before Provision for Loan Losses) Earnings per Share (R$) Total Assets (R$ millions) Loan Portfolio (R$ millions) 8.7% 9.2% 9.5% 10.2% 10.5% 3Q044Q041Q052Q053Q05 0.23 0.27 0.29 0.32 0.34 3Q044Q041Q052Q053Q05 83,832 79,350 82,109 82,731 88,423 Sep-04Dec-04Mar-05Jun-05Sep-05 29,724 31,796 33,176 35,154 36,872 Sep-04Dec-04Mar-05Jun-05Sep-05

7. Investor Relations | page 7 Loan Portfolio Mix – Retail / Wholesale WholesaleRetail Dec-04Dec-99Sep-04 Sep-05 52% 54% 56% 48% 46% 44% 33% 67%

8. Investor Relations | page 8 Loan Portfolio Growth R$ millions WholesaleRetail (*) Excludes Credicard and includes Hipercard. 44% 56% 35,154 16.0% Jun-05 36,872 Sep-05 4.9% 56% 44% 4.4% 5.3% Sep-04 * 29,724 52% 48% Dec-03 * 49% 27,721 51% 54% 31,796 Dec-04 46% 7.2% 24.0%

9. Investor Relations | page 9 Loan Portfolio Growth – Individuals / Corporate Sep-04Jun-05Sep-05 Corporate 19,171 22,811 21,795 19.0% 4.7% Individuals 33.2% 10,553 14,061 13,359 5.3% Main Highlights over 12 months: Fininvest: 37.6% 23.9% 42.8% Branch Network and Corp Site Branch: Credit Cards: Main Highlights over 12 months: SMEs:38.4% 12.4% Large Corporate: (R$ millions) 34.0% Auto Financing: Sep-04Jun-05Sep-05

10. Investor Relations | page 10 Loan Portfolio Quality Loan Portfolio E-H / Loan Portfolio 4.9% 4.3% Sep-04Jun-05Sep-05 Allowance for Loan Losses / Loan Portfolio E-H 95.8% 115.0% 112.1% Sep-04Jun-05Sep-05 Non-Accrual Portfolio / Loan Portfolio 4.7% 3.9% 4.1% Sep-04Jun-05Sep-05 Non-Accrual Portfolio Coverage Ratio 99.2% 125.7% 117.2% Sep-04Jun-05Sep-05

11. Investor Relations | page 11 Allowance for Loan Losses / Loan Portfolio Loan Portfolio Coverage Auto Financing Unibanco Consolidated Jun-05 Commercial Bank - Individuals Sep-05 Consumer Finance Companies Credit Cards Wholesale Sep-04 SMEs Retail 8.1% 10.0% 5.2% 4.9% 3.9% 3.3% 7.6% 9.4% 4.5% 4.9% 4.6% 2.9% 8.0% 9.1% 4.5% 4.7% 3.7% 2.3% 4.2% 4.0% 4.3% 5.6% 5.2% 5.5%

12. Investor Relations | page 12 Funding and Assets under Management R$ millions Sep-05Jun-05Sep-04  % Demand deposits 3,5053,5473,605-1.2-2.8 Saving deposits 5,5245,6355,900-2.0-6.4 SuperPoupe 2,6282,3501,03011.8155.1 Core Deposits11,65711,53210,5351.110.7 Time deposits 22,89723,32421,509-1.86.5 Total Deposits (A)34,55434,85632,044 -0.9 7.8 Assets under management (B) 35,70035,11932,6541.79.3 Total Deposits + AUM (A+B)70,25469,97564,698 0.4 8.6 Core Deposits / Total Deposits33.7%33.1%32.9%60 b.p.80 b.p. Q-o-Q  % Y-o-Y

13. Investor Relations | page 13 Financial Margin Financial Margin after Provision Provision for loan losses/Financial Margin 7.2% 3Q04 8.7% 16.6% 7.9% 2Q05 10.2% 22.1% 7.9% 3Q05 10.5% 24.0% 6.7% 9M04 8.4% 19.8% 7.6% 9M05 9.7% 21.3%

14. Investor Relations | page 14 Fees from Services Rendered R$ millions Banking fees and other fees and commissions479 4081,363 1,217 Credit Cards286 214762 593 Assets under management105 100305 287 Subtotal 870722 2,430 2,097 Credicard and Orbitall - 107 293 Total Fees from Services Rendered 870 829 2,430 2,390 3Q052Q053Q049M05 9M04 448 246 100 794 - -

15. Investor Relations | page 15 Administrative Expenses R$ millions Personnel Expenses5185041,4311,399 Other Administrative Expenses8057142,3102,047 Subtotal 1,323 1,218 3,7413,446 Credicard and Orbitall - 90 247 Total1,323 1,308 3,7413,693 467 765 1,232 -- Fees from Services Rendered / Adm. Expenses 66%59%65%61%64% 3Q052Q053Q049M05 9M04

16. Investor Relations | page 16 Efficiency Ratio R$ millions 3Q042Q053Q059M049M05 52.8% 1,232 2,334 Expenses Revenues 2,136 6,017 3,693 61.4% 1,308 61.2% 3,741 7,118 52.6% 1,323 2,575 51.4% 18.3% 1.3%  %

17. Investor Relations | page 17 Insurance and Private Pension Plans Technical Reserves Combined Ratio Extended Combined Ratio Net Premiums Written 99.4% 100.0% 99.5% 3Q04 2Q05 3Q05 87.7% 86.4% 86.3% 3Q042Q053Q05 4,039 4,848 4,975 1,067 1,424 1,703 3Q04 2Q05 3Q05 Private PensionInsurance 5,106 6,272 6,678 30.8% 695 784 803 3Q042Q05 3Q05

18. Investor Relations | page 18 Global Public Offering of Units and GDSs Selling Shareholder: Total Offering including Greenshoe: 86,149,216 Units Final Price: R$ 20.49 for Unit and US$ 44.00 for GDS Financial Volume: R$1,765 million Demand: 3.0x Book Investors’ Allocation: Brazil26% International74% Unit Evolution – Sep-13 to Nov-10 R$ 20.49 9/139/209/2710/410/1118/1110/2511/1 GDS Evolution– Sep-13 to Nov-10 US$ 44.00 R$ 25.15 11/10 US$ 57.39 Offering Price Preço da Oferta 9/139/209/2710/410/1118/1110/2511/111/10

19. Investor Relations | page 19 2005 Outlook 20042005(E) GDP Growth 4.9% 3.3% FX Rate R$ / US$ (end-of-year) 2.654 2.350 SELIC (end-of-year) 17.75%18.00% IPC-A 7.6%5.4% Trade Balance Surplus (US$) 33.7 bi44.0 bi

20. Investor Relations | page 20 Loan Portfolio Corporate Large corporate SMEs Individuals Commercial bank and other companies Consumer Finance Administrative Expenses Growth 9M05 16.0% 12.8% 10.0% 20.1% 21.5% 24.6% 15.6% 1.3% Revised guidance < 2% 20-25% 10-15% 25-30% 30-35% 25-30% 15-20% 27-32% 2005 Perspectives on August 12, 2005 Credit Card 19.0% 20-25% 2005 Growth Perspectives < 5% 18-23% 7-12% 25-30% 30-35% 25-30% 10-15% 25-30% 15-20%

21. Investor Relations | page 21 Events New Investor Relations Web Site – Second half of November November 14, 2005 (Monday) New York Panel 7 – Banking Industry - ROOM 1 4:30 pm - 6 pm > New content > New user-friendly navigation > New tools > New layout Agenda

22. Investor Relations | page 22 For further information contact our Investor Relations Area at phone: 5511-3097-1980 fax: 5511-3813-6182 email: investor.relations@unibanco.com site: www.ir.unibanco.com This presentation contains forward-looking statements regarding Unibanco. its subsidiaries and affiliates - anticipated synergies. growth plans. projected results and future strategies. Although these forward-looking statements reflect management’s good faith beliefs. they involve known and unknown risks and uncertainties that may cause the Company’s actual results or outcomes to be materially different from those anticipated and discussed herein. These risks and uncertainties include. but are not limited to. our ability to realize the amount of the projected synergies and the timetable projected. as well as economic. competitive. governmental and technological factors affecting Unibanco’s operations. markets. products and prices. and other factors detailed in Unibanco’s filings with the Securities and Exchange Commission which readers are urged to read carefully in assessing the forward-looking statements contained herein. Unibanco undertakes no duty to update any of the projections contained herein.