Banco do Brasil

1st Quarter 2011

Disclaimer

2

The tables and chats in this presentation show the financial numbers rounded. The

columns of changes and the totalizers use the financial figures as basis, not the

rounded numbers. The used roundings follows the rules established by Resolution

866/66 of IBGE: if the last digit is more or equal than 5, it increases by one unit the

last digit to stay; if the last figure is less than 5, the last digit to stay remains

unchanged. The variations in both percentage and nominal were calculated using

numbers in units.

Economic Environment

3

(*) 12 months. Source: IBGE

(***) 12 months. Source: CAGED

(**) End of period. Source: Central Bank

(****) 12 months average. Source: IBGE

4.5

5.9

4.3

5.96.3

2007 2008 2009 2010 Mar/11

Price Index IPCA* - %

11.3

13.8

8.8

10.811.8

2007 2008 2009 2010 Mar/11

Interest Rate Selic** - %

1,6171,452

995

2,524

2,005

2007 2008 2009 2010 Mar/11

Formal Employment*** - thousand

9.3

7.9 8.1

6.7 6.5

2007 2008 2009 2010 Mar/11

Unemployment Index*** - %

567 603 656799

181 205

1,054

1,2021,123

1,214

274 301

2007 2008 2009 2010 1Q09 1Q11

Banking Industry Loan Operations*

Individual Corporate

Banking Industry

4

(*) Loan as reference for interest rate. Contracted amount

R$ billion

111.6 139.1 157.1 185.9 190.464.7

78.9107.9

138.3 142.9

45.863.3

91.9

138.8 150.7

2007 2008 2009 2010 Mar/11

Consumer Loans

Vehicle Payroll Mortgage

5.5 5.3

6.9

5.5 5.5

3.2 3.2

4.3

3.2 3.2

2007 2008 2009 2010 Mar/11

Credit Risk - %

Allowance / Portfolio Past Due Loan + 90 days / Portfolio

617 782 827 992 1,018

319 445 588

714 735

33.4 40.5

44.4 46.4 46.4

2007 2008 2009 2010 Mar/11

Banking Industry Loan Portfolio

Private Public Loan / GDP - %

Organizational Structure

5

Board of Officers

Internal Audit

Board of Directors

Shareholders General Meeting

Board of Audittors

Directorships

Audit Committee

CEO

VP of International

Business,

Wholesale and

Private Banking

International and

Foreigh Trade

Commercial

VP of Retail

Services

VP of Retail,

Service,

Distribution and

Operations

VP of

Agribusiness and

Small Ventures

VP of Government

Affairs

VP of Finance,

Capital Markets

and IR

VP of Technology

VP of Human

Resources and

Sustainable

Development

VP of Credit,

Controlling and

Global Risk

Card

Loans and

Financing

Insurance,

Pension and

Capitalization

Distribution and

Retail Channels Agribusiness

Government

Affairs

Pension

Management

Finance

Capital Markets

and Investments

Investor Relations

Technology

Structuring of

Solutions

Construction of

Solutions

Human

Resources

Relations with

Employees and

Sponsored

Entities

Controlling

Credit

Risk Management

Reestructuring of

Operational

Assets

Accouting

Internal Controls

Strategy and

Organization

Security

Management

Legal

Marketing e

Communication

Executive

Secretariat

Units

Suport of

Business and

Operations

Retail

Channel

Management

Sustainable

Development

São Paulo

Distribution Micro and Small-

Business

Private Bank

Operation of

Solutions

Position: 03.31.2011

Corporate Configuration

6

Posição:

31.12.2010

COBRA BB - 99,89% ON

99,95% Total

BI - 0,001% ON

0,001% Total

BB

LEASING BB - 100% ON

100% Total

BB CARTÕES

BB - 100% ON

100% Total

BB LEASING

Co. LTD BB - 100% ON

100% Total

BB DTVM

BB - 100% ON

100% Total

BB

CORRETORA BB – 100%ON

100% Total

BAMB BB - 100% ON

100% Total

BB

CONSÓRCIOS BB - 100% ON

100% Total

BANCO DO BRASIL

SECURITIES LLC BB - 100% ON

100% Total

BB

SECURITIES LTD BAMB - 100% ON

100% Total

BB TURISMO BAMB - 99% ON

99% Total

BB Leasing Co - 1% ON

1% Total

ATIVOS S.A. BB BI - 49% ON

74,50 % Total

BAMB - 51% ON

25,50% Total

BANCO DO BRASIL

M A N A G E D

BB PREVIDÊNCIA Entidade Fechada de

Previdência Privada

S P O N S O R E D

CASSI PREVI FBB

C O N T R O L L E D

F O U N D A TI O N

BANCO

VOTORANTIM

BB 49,99% ON

50% Total

BB BI BB - 100% ON

100% Total

BRASILPREV

BB Seguros Part. 49,99% ON

74,99% Total

BRASILCAP

BB Seguros Part. 49,99% ON

49,99% Total

BRASILVEÍCULOS

BB Aliança REV Part.

100%ON

100% Total

Strategic Interest

Insurance Group

BB SEGUROS PARTICIPAÇÕES

BB SEGUROS

PARTICIPAÇÕES

BB – 100% ON

100%Total

CADAM

BB 56,19% PN

21,64% Total

Participação Não Estratégica

Participações Estratégicas

R E L A T E D C O M P A N I E S / S H A R E S

NOSSA CAIXA

ADM. DE CARTÕES

BB – 100% ON

100% Total

CIBRASEC

BB - BI 9,09% ON

9,09% Total

BB 3,03% ON

3,03 % Total

CIELO

BB BI 28,65% ON

28,65% Total

CBSS

BB BI 44,31% ON

45,69% PN

45,00% Total

TECBAN

BB BI 9,02% ON

9,02% Total

BB 4,51% ON

4,51% Total

Aliança do

Brasil

BB Aliança Part. 100% ON

100% Total

BB BI

NOSSA CAIXA

CAPITALIZAÇÃO

BB – 100% ON

100% Total

BB ALIANÇA

PARTICIPAÇÕES

BB – 100% ON

100%Total

CADAM

BB 56,19% PN

21,64% Total

Non-strategic Interest

Strategic Interest

BANCO VOTORANTIM

BV PARTICIPAÇÕES

BB 49,99% ON

50% Total

MAPFRE NOSSA CAIXA

VIDA E PREVIDÊNCIA

BB 49% ON

49% Total

EBP

BB BI 11,11% ON

11,11% Total

BB USA HOLDING

COMPANY, INC.

BB AGViena - 100%ON

100% Total

BB MONEY

TRANSFERS, INC . BB USA HoldCo - 100% ON

100% Total

BANCO DO

BRASIL AG

VIENA BB - 100% ON

100% Total

ITAPEBI

BB - BI 19% ON

19% Total

KEPLER

WEBER BB - BI 17,55% ON

17,54% Total

BBDTVM 0,02% ON

0,02% Total

PRONOR BB - BI 5,51% PN

3,27% Total

BBDTVM 29,51% ON

12,02% Total

BB 1,77% PN

1,05% Total

NEOENERGIA

BB - BI 11,99% ON

11,99% Total

Non-strategic Interest Strategic Interest

SBCE

BB - BI 12,09% ON

12,09% Total

BESCVAL

BB – 99,62% ON

99,62% Total

FUSESC SIM PREVBEP ECONOMUS

Banco do Brasil S.A. National Treasury 51,8656% Fundo Fiscal de Inv. E Estabilização 2,1848%

Previ 10,3668% Fundo Garantidor para Investimentos 0,2622%

BNDESPar 0,0082% Investidores Estrangeiros 17,5301%

Fdo . Garantia à Exportação 4,8729% Investidores Brasileiros 12,9095%

BB ALIANÇA REV

PARTICIPAÇÕES

BB Seguros Part. 100% ON

100% Total

Position: 03.31.2011

59.2%

10.4%

16.4%

14.1%

FederalGovernment

Previ

Shareholding Breakdown

Ownership Structure

7

Free Float - % Free Float – 30,4%

11.7 11.3 11.817.5 16.4

10.0 10.2 10.0

12.9 14.121.7 21.5 21.8

30.4 30.4

2007 2008 2009 2010 Mar/11

Foreign Investors Other

Share´s Perfomance

8 (*) Profit in 12 months

3.1

1.3

2.1

1.81.6

2007 2008 2009 2010 Mar/11

Price / Book Value

0.80

1.401.58

1.73

0.37 0.41

2007 2008 2009 2010 Mar/10 Mar/11

Dividends and Interest on Own Capital / Share - R$

2.00

3.44

3.954.32

0.92 1.03

2007 2008 2009 2010 Mar/10 Mar/11

Earnings / Share - R$

14.88

4.28

7.52 7.686.88

2007 2008 2009 2010 Mar/11

Price / Earnings*

9 (*) Since 10/07/2009, date of ofirst operation with Unit SANB11

75.6%

58.9%

54.2%

59.1%

-7.5%

28/12/2006 28/12/2007 28/12/2008 28/12/2009 28/12/2010

Banco do Brasil Itaú Ibovespa Bradesco Santander*

Bradesco

Itaú

Bovespa

Share´s Perfomance

Profitability

10

75.3

37.7

76.3

89.9

76.7

84.5

2.03.5 4.1 4.7

1.0 1.2

2007 2008 2009 2010 Mar/10 Mar/11

Market Capitalizations - R$ billion

Dividends and Interest on Own Capital - R$ billion

5.1

8.8

10.1

11.7

2.42.9

5.96.7

8.5

10.7

2.12.9

26.1

32.5 30.727.0 28.0

24.9

26.924.7 25.8 24.6 24.2 24.8

2007 2008 2009 2010 1Q09 1Q11

Net Income - R$ billion Recurring Net Income - R$ billion

ROE - % Recurring ROE - %

367.2

521.3

708.5

811.2866.615.6

17.2

22.020.8

2007 2008 2009 2010 Mar/11

Assets Market Share* - %

Assets

11

CAGR = 30,2%

(*) Souce: Central Bank. Market share of mar/2011 not available.

Capital Structure

12

24.3

29.9

36.1

50.452.1

2007 2008 2009 2010 Mar/11

Shareholder´s Equity

10.70 10.90 10.60 11.02 11.15

4.90 4.303.20 3.06 2.97

15.60 15.20

13.80 14.08 14.13

2007 2008 2009 2010 Mar/11

BIS Ratio

Tier I Tier II

Funding*

13

CAGR (%) = 26.6

26.6

4.7

23.3

32.4

33.6

(*) Included BV and BNC since 2009

85.5149.6

193.5 204.7 219.072.3

91.1

160.8 142.2180.1

45.8

55.0

75.7 89.3

90.5

51.3

51.9

56.5 63.5

59.6

5.6

14.3

11.8 19.4

12.1

260.6

362.0

498.4519.0

561.3

2007 2008 2009 2010 Mar/11

Time Deposits Money Market Borrowing Savings Demand Deposits Others

R$ billion

Loan Portfolio*

14

CAGR (%) = 32.1

24.8

13.5

48.8

36.4

(*) Included BV, BNC, provided guarantees and private securities since 2009

(**) Domestic Loan Portfolio / SFN Loan Portfolio

65.597.2

125.3176.4 179.432.0

48.8

91.8

113.1 116.5

51.9

63.7

66.4

75.7 78.3

11.4

15.1

17.3

23.0 23.4

160.7

224.8

300.8

388.2 397.516.017.1

20.1 19.8 19.5

2007 2008 2009 2010 Mar/11

Corporates Individuals Agribusiness Offshore Market Share** - %

R$ billion

Loans to Individuals*

15

CAGR (%) = 48.8

217.4**

9.6

39.4

27.4

99.5

51.7

11.9 17.6

36.545.0 46.0

3.0

6.7

20.7

27.4 28.6

11.0

14.4

21.2

23.3 24.1

3.8

7.6

9.4

11.9 11.2

2.3

2.5

2.4

2.6 3.1

0.0

0.1

1.5

3.0 3.4

32.0

48.8

91.8

113.1116.5

2007 2008 2009 2010 Mar/11

Payroll Loan Vehicle Finance Other Credit Cards Overdraft Account Mortgage

R$ billion

(*) Included BV, BNC, provided guarantees and private securities since 2009

(**) Since 2008

Loans to Companies*

16

CAGR (%) = 36.4

24.7

42.4 40.9

62.3

103.4125.5 129.0

24.6

34.9

44.9

50.9 50.4

65.5

97.2

148.4

176.4 179.4

2007 2008 2009 2010 Mar/11

Medium and Large Companies SME

R$ billion

(*) Included BV, BNC, provided guarantees and private securities since 2009

Loans to Agribusiness*

17

CAGR (%) = 13.5

30.6

7.2

40.245.2 48.0 49.6 50.4

11.7

18.519.2

26.1 27.9

51.9

63.767.1

75.778.3

2007 2008 2009 2010 Mar/11

Agribusiness - Producer Agribusiness - Corporate

R$ billion

(*) Included BV, BNC, provided guarantees and private securities since 2009

Crop Insurance Breakdown - %

Loans to Agribusiness

18 (*) Crop 2010/2011 – up to mar/11

48.9%

65.8%

41.0%

28.7%

74.3%

50.0% 38.4% 39.3% 41.6%

50.0% 61.6% 60.7% 58.4%

11.6

15.5 14.912.1

Crop2007/2008

Crop2008/2009

Crop2009/2010

Crop2010/2011

Woking Capital* - R$ billion

Without Mitigators With Mitigators

Working Capital

Crop R$ million Insurance Proagro Price Total

Soybean 3,897.9 36.73 26.50 9.95 73.17

Corn 1,740.9 10.75 58.65 17.87 87.27

Coffee 1,648.4 - 31.99 - 31.99

Rice 918.9 62.98 16.61 0.04 79.62

Sugar Cane 569.5 28.95 6.92 - 35.87

Orange 273.2 0.02 8.44 - 8.45

Beans 196.7 - 61.94 - 61.94

Wheat 42.1 20.65 46.71 - 67.36

Other 2,777.4 7.81 29.32 0.17 37.30

Total 12,064.9 21.45 31.10 5.84 58.38

% with Mitigator

6.4 6.1 6.24.8 4.7

2.7 2.43.3

2.3 2.1

1.4 1.52.2 2.4 2.3

2007 2008 2009 2010 Mar/11

Added Provision + Required / Portfolio - %Past Due Loans + 90 days / Portfolio - %Accumulated Loss*** in 12 Months / Portfolio - %

Credit Risk

19

(*) Without one-off items

(**) Average Loan Portfolio and 12 months expenses

(***) Net of credit recovery

5,380 6,800

11,629 10,675 10,278

3.7 3.64.6

3.3 3.0

2007 2008 2009 2010 Mar/11

Provision expenses* - R$ millionProvision expenses / Portfolio** - %

25.334.5

41.754.2

12.5 14.9

14.7

23.923.7

27.0

6.17.9

40.0

58.465.3

81.2

18.622.8

20.824.5

33.1

39.2

9.4 10.5

2007 2008 2009 2010 1Q09 1Q11

Loan Revenues Other Intereste Revenues Net Intereste Income

Net Interest Income

20

R$ billion

Spread

21

(*) Net Interest Income / Earning Assets

(**) Annualized

25.421.0

18.715.9 15.3

6.9 6.7 7.2 6.0 6.0

6.3 5.1 5.3 5.6 5.1

2007 2008 2009 2010 1Q11

Individuals NIM Businesses NIM

Agribusiness NIM

11.9 12.5 9.9 9.8 10.4

7.6 7.0 6.7 6.3 6.2

63.955.7

67.0 64.3 58.9

2007 2008 2009 2010 1Q11

Accumulated SelicNIMNIM / Accumulated Selic

** *

14.3 16.119.7

23.6

5.7 5.9

30.935.2

45.4

55.5

13.0 14.3

46.2 45.643.4 42.6 43.9 41.8

2007 2008 2009 2010 1Q09 1Q11

Adminstrative Expenses Operating Income Cost to Income Ratio - % - 12 months

Productivity*

22

(*) Without one-off items

R$ billion

Productivity*

23

(*) Without one-off items

7.88.7

10.5

12.9

3.1 3.2

9.9

11.8

13.5

16.2

3.7 4.1

127.7136.2

128.2 125.4120.9

127.4

2007 2008 2009 2010 1Q09 1Q11

Personell Expenses - R$ billion Fee Income - R$ bilhão Coverage Ratio - %

R$ billion

Credit and Debt Cards

24

68.6

78.0

87.3 88.3 86.4 84.2

50.166.2

88.6

111.2

24.0 30.1

2007 2008 2009 2010 1Q09 1Q11

Total issued cards - million Card´s Turnover

Structure

25 (**) Included ATM from partnership

81.989.0

104.0109.0 111.2

2007 2008 2009 2010 Mar/11

Employees - thousand

15.3 16.0 17.9 18.4 18.5

3.15.7 5.3

10.1 10.610.2 9.8

10.7 10.6

2007 2008 2009 2010 Mar/11

Points of Service - thousand

BB´s Points of Service Banking AgentsCEF - Lottery Stores

39.3

45.9

54.057.1 57.0

2007 2008 2009 2010 Mar/11

ATM** - thousand

(*) Since set/2008

91.3 91.1 92.0 93.0 92.9

2007 2008 2009 2010 Mar/11

Transactions in Automated Channels - - %

Structure

26 Position: march/2011

269 Branches

1.061 Branches

431 Branches

2.296 Branches

1.046 Branches

Structure

27

8.5 8.69.3

11.0 11.4

2007 2008 2009 2010 Mar/11

Internet Banking - million of customers

36.4%

19.8%

18.7%

7.0%

12.1%

6.1%

2010

ATM

Internet Individuals

Internet Businesses

Cash

POS

Other

34.4%

20.9%

18.4%

7.1%

10.1%

9.1%

Mar/11

ATM

Internet Individuals

InternetBusinesses

Cash

POS

Other

220.1

246.3

316.2

372.3

407.5

2007 2008 2009 2010 Mar/11

R$ billion*

Asset Management

28

CAGR = 20,9%

37.7%

22.2%

25.8%

10.8%

3.6%

InstitutionalInvestor

Retail

Government

Wholesale

Foreign Investor

66.4%7.2%

14.0%

12.5%Fixed Income

Multimarket

Equity

Other(*) Included 50% of Banco Votorantim

440.5 468.4 487.9 491.0 512.5

14.5 12.8 13.511.1

12.6

1Q09 2Q09 3Q10 4Q10 1Q11

Insurance Income - R$ million

Insurance Ratio* - %

24.0 25.528.4

33.430.1

1Q09 2Q09 3Q10 4Q10 1Q11

Revenue from Cards - R$ billion

536.7575.0

612.5585.7

622.5

339.8 354.4 362.5 372.3407.5

1Q09 2Q09 3Q10 4Q10 1Q11

Income from Asset Management Fees - R$ million

Asset Management - R$ billion

3.7

4.04.1

4.3

4.1

1Q09 2Q09 3Q10 4Q10 1Q11

Fee Income - R$ billion

Asset management, cards and insurance businesses boost revenues

29 (*) Insurance Net Income / BB´s Recurring Net Income

D = 25,6%

D = 16,0%

D = 16,3%

D = 10,9%

Investor Relations Unit SBS - Quadra 1 - Bloco C - Ed. Sede III - 7° floor

70073-901 - Brasília (DF)

Phone: (61) 3310 3980

Fax: (61) 3310 3735

bb.com.br

ri@bb.com.br