1. Investor Relations
BANCO DO BRASIL
3Q05 Results

2. Highlights R$ million (1) Equity Income + Other Operating Income
(2) Taxes on Revenues + Other Tax Expenses + Other Operating Expenses + Legal Risk

3. Highlights
R$ million
(1) Past Due Loans + 60 days
(2) Annualized

4. Net Income Changes - R$ million
Result Changes
Net Income Changes - R$ million
1,438
1,014
565
113 76 60 37
Net
Income
2Q05
Net
Income
3Q05
(67)
(70)
(290)
Non-Recurring Effects
Allowance for Loan Losses
Others
Taxes
NII + Service Revenues
Administrative Expenses
Profit Sharing
Legal Risk

5. Spread by Credit Portfolio - %
Net Interest Income
8.8
9.0
9.0
8.7
8.4
4,086
4,090
4,146
4,199
3,919
Spread by Credit Portfolio - %
40.4
38.1
3Q04
4Q04
1Q05
2Q05
3Q05
35.9
35.5
33.4
Net Interest Income - R$ million
NIM¹ Annualized - %
8.7
8.3
8.0
7.9
7.6
7.0
5.8
5.8
6.0
6.1
3Q04
4Q04
1Q05
2Q05
3Q05
Agribusiness
Commercial
Retail
(1) Net Interest Margin - Related to Earning Assets

6. Volume¹ and Spread Analysis3Q 86 4 3Q
3,919
190
Volume - R$ million
3Q ,275
3Q ,393
Gain due to Volume
Gain due to Spread
Gain due to Volume and Spread
(1) Earning Assets

7. Loan Portfolio 3Q04 - % 2Q05 - % 3Q05 - % 11.9 9.5 9.0 19.1 18.6 19.5
R$ million
3Q04 - %
2Q05 - %
3Q05 - %
11.9
9.5
9.0
19.1
18.6
19.5
33.0
33.5
30.5
15.0
15.0
15.8
23.4
23.4
22.6
Individuals
SMEs
Businesses
Agribusiness
Abroad

8. Delinquency and Provision for Credit Risk
4.4
4.3
4.3
4.2
4.2
1,061
1,002
966
856
868
6.4
6.1
6.1
6.1
6.3
3Q04
4Q04
1Q05
2Q05
3Q05
Quarterly Provision Expenses - R$ million
5.9
4.7
4.6
5.4
Provision Expenses / Loan Portfolio¹ - %
5.1
3.9
3.2
3.3
3.1
3.1
3Q04
4Q04
1Q05
2Q05
3Q05
Allowance for loan losses / Loan Portfolio - %
Past Due Loans + 15 days / Loan Portfolio - %
Past Due Loans + 60 days / Loan Portfolio - %
(1) Average Portfolio - 12 months and Annualized Expenses

9. Credit Risk - % 8.5 10.5 10.2 10.4 91.5 89.5 89.8 89.6 Banking BB
87.2
87.5
12.5
12.8
Retail
94.8
95.0
5.0
5.2
Commercial
94.0
88.7
11.3
6.0
Agribusiness
97.9
99.4
2.1
0.6
Foreign
Trade
98.0
98.1
2.0
1.9
Abroad
91.5
89.5
89.8
89.6
2Q05
3Q05 BB
Banking
Industry¹
AA-C
D-H
AA-C
D-H
(1) Source: Brazilian Central Bank

10. Service Revenues Account Holders - million
R$ million
Account Holders - million
Asset Under Management - R$ billion
21.3
295
20.8
20.9
286
286
282
284
20.0
19.7
150.4
144.8
138.2
22.3
122.5
124.0
20.6
21.1
21.2
21.9
3Q04
4Q04
1Q05
2Q05
3Q05
3Q04
4Q04
1Q05
2Q05
3Q05
(Fees + NII) per account holder¹ - R$
Market Share - %
(1) 12 month average

11. Administrative Expenses
R$ million

12. Productivity Ratios Coverage Ratio¹ - % YTD Efficiency Ratio² - % YTD
Efficiency Ratio Change
R$ million
(1) Service Revenues / Personnel Expenses
(2) Administrative Expenses / Operating Income

13. Income Tax and Social Contribution
Tax Rate - %
Pretax Income - R$ million
Taxes - R$ million

14. Summing the 3Q05 Results up
R$ 1.4 billion Net Income above market consensus, as a result of non-recurring R$ 565 million revenue of undue taxes recovery.
Positive Outlooks
1.3% growth in the net interest income;
28.5% increase in the payroll loans % market share (13.6% - 2Q05);
9% NIM at the level of second quarter 2005.
Negative Outlooks
1.5% reduction in the loan portfolio, against 4.3% growth in the banking industry;
Foreseen rise in the credit risk, especially in the agribusiness portfolio (risk D - H from 6.0% to 11.3%);
Bigger Legal Risk Expenses due to the absence of the reversal accounted in the 2Q05;
Taxes expenses higher 16.9% due to the foreign exchange variation and the lack of tax benefits from interest on own capital accounted in the 2Q05.
Numbers compared to the 2Q05

15. Investor Relations Division
SBS - Quadra 1 - Bloco C - Ed. Sede III - 17° floor
Brasília (DF)
Phone: 55 (61)
Fax: 55 (61)
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.
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