1. 1 Investor Relations 1 Bradesco Presentation Bradesco Presentation 11/17/2003

2. 2 Investor Relations 2 Highlights (As of September 2003) Total Assets Net Worth Net Income ROAE Pay Out BIS Ratio US$ Million (*) Considering the last Subordinated Debt of US$ 500 million issued in October, this Ratio would reach 19.9% 52,2234,43654418.2%56.6%18.4%* 68.0% 28.5% 3.5% Banking Insurance Others Results - Breakdown by Activities

3. 3 Investor Relations 3 Total Resources R$ Million 61,135 67,338 80,324 94,878 110,116 142,785 164,363 19,681 26,982 40,238 52,997 59,042 64,269 90,663 97'98'99'00'01'02'Set-03 Asset Management Total Assets 80,81694,320120,562147,875169,158207,054 255,026

4. 4 Investor Relations 4 18.3% 17.6% 15.6% 13.3% 15.4% 17.9% 18.4% Loan Portfolio x BIS Ratio R$ Million Loan Book BIS Ratio 25,201 26,311 27,559 38,872 44,444 50,801 52,776 0 10,000 20,000 30,000 40,000 50,000 60,000 97'98'99'00'01'02'Set-03

5. 5 Investor Relations 5 Banking Perspectives in Brazil Consolidation and Privatization Consolidation and Privatization Consumer Finance Consumer Finance Margin Squeeze Margin Squeeze Bank Insurance Bank Insurance Clients Clients Technology Technology

6. 6 Investor Relations 6 Bradesco´s Perspectives Loan Book and Asset Quality Loan Book and Asset Quality Postal Service Distribution Network Postal Service Distribution Network Finasa Finasa Insurance and Pension Plans Insurance and Pension Plans Fee Income Fee Income Cost Integration Cost Integration

7. 7 Investor Relations 7 Internal Agenda  Segmentation : Concluded  Incorporations : Concluded on 05/19 Concluded on 09/22 To be Concluded on 1Q04

8. 8 Investor Relations 8 Contacts 55 - 11 - 3684-9229 3684-9302 3684-2086 3684-9231 Email : Investor Relations Area 4260.jean@bradesco.com.br 4260.bernardo@bradesco.com.br 4260.andressa@bradesco.com.br 4260.luciano@bradesco.com.br Phones: This presentation contains forward-looking statements. Such statements are not statements of historical fact, and reflect the beliefs and expectations of the Company's management. The words "anticipates", "believes", "estimates", "expects", "forecasts", "intends", "plans", "predicts", "projects", "targets" and similar words are intended to identify these statements, which necessarily involve known and unknown risks and uncertainties. Known risks and uncertainties include, but are not limited to, the impact of competitive services and pricing, market acceptance of services, service transitions by the Company and its competitors, regulatory approval, currency fluctuations, changes in service mix offered, and other risks described in the Company's registration statement and other Securities and Exchange Commission filings. Forward-looking statements speak only as of the date they are made, and Banco Bradesco does not undertake any obligation to update them in light of new information or future developments.