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Brazil Summit 2010

April 2010

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This presentation may include references and statements, planned synergies, increased

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, they also involve imprecision and highly difficult risks to

be foreseen, consequently, they may lead to a different result than the one anticipated

here. These expectations are highly dependent on market conditions, on Brazil’s

economic and banking system performance, as well as on international market one.

Banco do Brasil is not responsible for update any estimate in this presentation.

Banco do Brasil has announced that its Board of Directors has decided to submit to the

Shareholders’ Meetings a proposal to raise capital through a public offer of new shares.

Concomitantly, the controlling shareholders will promote a secondary public offering to

allow the achievement of the 25% minimum free float. Any further decision related to this

matter will be promptly communicated to the market. In case of any offering, before

investing in stocks issued by Banco do Brasil, read carefully the Offering Memorandum,

especially the “Risk Factors” section.

This presentation may include references and statements, planned synergies, increased

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, they also involve imprecision and highly difficult risks to

be foreseen, consequently, they may lead to a different result than the one anticipated

here. These expectations are highly dependent on market conditions, on Brazil’s

economic and banking system performance, as well as on international market one.

Banco do Brasil is not responsible for update any estimate in this presentation.

Banco do Brasil has announced that its Board of Directors has decided to submit to the

Shareholders’ Meetings a proposal to raise capital through a public offer of new shares.

Concomitantly, the controlling shareholders will promote a secondary public offering to

allow the achievement of the 25% minimum free float. Any further decision related to this

matter will be promptly communicated to the market. In case of any offering, before

investing in stocks issued by Banco do Brasil, read carefully the Offering Memorandum,

especially the “Risk Factors” section.

DISCLAIMER

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Brazil’s Main Figures

Federative Republic of Brazil

Source: IBGE

• Composed of 26 federal states and one federal district, split into 5,565 municipalities.

• Area: 8.51 million square kilometers.

• Population: Approximately 193 million inhabitants (82% of which living in urban areas and 18% in rural areas).

• GDP: R$ 3.143 trillion (US$ 2.327 trillion) - in current values/2009, distributed as follows: Services: R$ 1.8 trillion, Industry: R$ 0.6 trillion, Agribusiness: R$ 0.16 trillion and Taxes R$ 0.44 trillion.

• Oil and natural gas: 2.5 million barrels a day in oil equivalent (boed). Forecast: 3.5 million boed by 2015. Considering the pre-salt exploration – above 4 million boed.

• Automobile manufacturing: 2.5 million units – 2009 (1.26% bigger than 2008) and 826.7 thousand units – 1Q10 (24.4% more than in 2009).

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Brazil’s Main Figures

Brazil’s Strengths

• Self-sufficient in the production of food and third largest world exporter.

• Self-sufficient in the production of oil.

• Diversity of energy sources, including a significant share of renewable energy.

• Availability of fresh water and great amount of arable land.

• Expectations of huge investments in infrastructure:

a) Federal Growth Acceleration Program PAC2: USD 550 Billion for the period from 2011 to 2014.

b) Soccer World Cup 2014 – USD 79.4 Billion;

c) Rio de Janeiro 2016 Olympic Games – USD 50 Billion.

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Brazil’s Main Figures

Economic and Financial Scenario in Brazil

• Resumption of economic growth – The main surveys report that the Brazilian GDP will grow between 5% and 7% per annum in the period between 2010 and 2016. 2010 – near 5%.

• The ratio credit/GDP will reach approximately 70% by 2014 according to a BNDES study. This index was 45.9% in December 2009 and 37.4% in 2008.

• Brazil was granted investment grade by the three largest rating agencies (Standard & Poor's, Moody's & Fitch Ratings).

• Jobs created in Brazil:

. 2008: 1.4 million

. 2009: 1.0 million

. 2010: forecast of 1.6 million.

Sources: Federal, State and Municipal Governements, and Infraero-Brazilian Airports

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Brazil’s Main Figures

Sustainable Growth: an increase in the investment rate

Source: IBGE

16.4

15.316.1 15.9

16.4

17.4

18.7

16.7

18.519.3

20.0

20.921.5

2002 2003 2004 2005 2006 2007 2008 2009 2010* 2011* 2012* 2013* 2014*

Gross formation of fixed capital as % of GDP

* Ministry of Finance estimates

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Brazil’s Main Figures

International Reserves - Brazil

* As of feb/2010

Source: Brazilian Central Bank

.38,6 51,7 60,0 27,5 17,0 21,0 180,3 193,8 238,5 241,185,853,828,052,1 39,8 27,5 31,2

1,8 8,3 20,8

28,3 24,9

8,8

0,00,1

0,1

0,2 4,8

1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 *

Reserve (IMF Loans NET)

IMF Loans

In US$ billions

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Brazil’s Main Figures

Brazilian Agricultural Production

Planted Area: - Actual: 153.2 million of acres- 2022 Estimates: 227.3 million of acres of planted area (land dedicated to livestock, without causing deforestation or environmental damage*).

Source: IBGE, * Statement by the former Minister of Agriculture – Roberto Rodrigues

141134

Production (million ton.)

Crop 2009 Forecast 2010 Growth Potential %

5.2%

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Brazil’s Main Figures

Brazil’s Capital Markets

IPO and Follow-On Offerings in Brazil

Source: BMF&BOVESPA

53

4 5 7

52.0

7.010.0

6.0

2007 2008 2009 2010

Companies R$ (billion)

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Banco do Brasil’s Leadership

Market Share - %

Source: Site BB – IR 4Q09

(1) Posição em Setembro 2009

2008 2009

Assets¹ 17.2 21.5

Domestic Loan Portfolio 17.1 20.1

Total Funding¹ 20.7 25.8

Total Deposits¹ 22.2 25.8

Demand Deposits¹ 31.6 33.2

Savings Deposits¹ 20.3 24.1

Time Deposits¹ 19.4 24.8

Assets Under Management 20.7 21.1

ACC/ACE 28.2 34.7

Foreign Exchange Exports 27.9 31.4

Foreign Exchange Imports 24.7 25.4

Total Revenues from Cards 17.6 18.7(1) As of September/09

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Banco do Brasil’s Highlights

• Financial Institution, 202 years old and the country’s largest bank.

• Net Income: R$ 10.15 Billions in 2009.

• Best Results among Brazilian banks

• Financial Institution, 202 years old and the country’s largest bank.

• Net Income: R$ 10.15 Billions in 2009.

• Best Results among Brazilian banks

Source: Site BB – IR 4Q09

..........

.

.. .

. ..

.

. .

.

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Banco do Brasil at a glance

• Leadership in Assets• Leadership in Assets

Assets Loan Portfolio

Deposits Individual Loan Portfolio

R$ billions R$ billions

R$ billions R$ billions

18.4 24.032.0

48.8

91.8

2005 2006 2007 2008 2009

= 88.1% = 88.1%

101.8133.2

160.7

224.8

300.8

2005 2006 2007 2008 2009

= 33.8% = 33.8%

137.7 158.8188.3

270.8

337.6

2005 2006 2007 2008 2009

= 24.6% = 24.6%

253.0296.4

367.2

521.3

708.5

2005 2006 2007 2008 2009

= 35.9% = 35.9%

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Competitive Advantages

• Regionalized Branch Networks;

• Tailor-made products and services;

• Teams segmented by industry;

• Multidisciplinary team in the implementation of projects;

• Specialists in overseas markets, foreign trade and agribusiness;

• Wide range of products and services

• Structured operations (project and corporate finance) in the domestic and

foreign markets.

• Regionalized Branch Networks;

• Tailor-made products and services;

• Teams segmented by industry;

• Multidisciplinary team in the implementation of projects;

• Specialists in overseas markets, foreign trade and agribusiness;

• Wide range of products and services

• Structured operations (project and corporate finance) in the domestic and

foreign markets.

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Structured Operations

Agribusiness Automotive

Agribusiness, Leather and

Textile

Automotive,Auto parts

Commerce, Food and Drink

Capital goods

Paper, Pulp and Furniture

Steelmaking, Metallurgy and

Mining

Energy

Energy

Perfume, Cosmetics and

Chemical

Transport and Logistics

Others

Concessionaires and PPPs

Telecom and Electronics

Civil and Heavy-duty

construction

Sanitation

Oil and Natural Gas

Segmentation by Industry

Petrochemical

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“Syndicated Loan”

Co-arranger TrusteeAdministrative

Agent

FundingArranger

Adviser

Structured Operations

BB’s Multiple Roles

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Financing Sources

• Banco do Brasil and other Commercial Banks

• National Bank for Economic and Social Development (BNDES)

• Specialized Funds(Middle-West Region Fund and the Mercantile Marine Fund)

• Fixed Income Capital Market: Promissory Notes, Debentures, FIDC, CRI.

• Equity Market: IPO, Follow On offerings.

• Foreign fundraising (Bonds, Eurobonds, Ag. Mult: IFC, CAF etc...)

• Private Equity for Institutional Investors

• Banco do Brasil and other Commercial Banks

• National Bank for Economic and Social Development (BNDES)

• Specialized Funds(Middle-West Region Fund and the Mercantile Marine Fund)

• Fixed Income Capital Market: Promissory Notes, Debentures, FIDC, CRI.

• Equity Market: IPO, Follow On offerings.

• Foreign fundraising (Bonds, Eurobonds, Ag. Mult: IFC, CAF etc...)

• Private Equity for Institutional Investors

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Amount Disbursed by BB (2009)

BNDES System1st place

R$ 12.3 billion

131,363 transactions131,363 transactions

Oil and Gas

R$ 0.4 billion

4 Pre-Salt Plataforms4 Pre-Salt Plataforms

FCO

R$ 10.9 billion

64.6 thousand transactions64.6 thousand transactions

Mercantile Marine Fund (FMM)

R$ 0.927 billion

13 projects13 projects

Business Credit

R$ 125.3 billion

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Project Finance - Highlights

Position in 2009

Hydroelectric Power Plant of Santo Antônio

Total investment: R$ 13.2 Billion

Amount financed: R$ 8.6 Billion

BB’s on-lending: R$ 558 Million (BNDES-FINEM) and

R$ 390 Million (Bank guarantee).

Sponsors: Odebrecht, Furnas, Cemig, Andrade Gutierrez, FIP Amazonia Energia (Banif and FI-FGTS- CEF)

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Corporate Finance - Highlights

The Telemar Group

Acquisition of Brasil Telecom

Total amount: R$ 16 billion

BB’s Investment: R$ 4.3 billion

Mode: Long-Term Working Capital

Position in 2009

InBev

Total amount: R$ 2 billion

Mode: Issuance of debentures (term of 03 years)

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Other Highlights

Working CapitalIssue of Debentures

Lead Manager

Issue of Debentures Issue of Debentures

Issue of Debentures

Issue of Debentures

Position in 2009

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Other Operations - Highlights

Posição em 2009

Issue of DebenturesIPO

IPOIPO

IPO

Promissory Notes

Promissory Notes

Coordinator

Acquisition of Receivables

IPO

Coordinator Contracted

Position in 2009

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Other Operations - Highlights

IPO

IPO

Promissory NotesIssue of Debentures

Promissory Notes Working Capital

Working Capital

Position in 2009

Provision of Securities

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Capital Market – 2009 Transactions

Fixed Income

Position in 2009

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Capital Market – 2009 Transactions

Equity

2009

Joint Bookrunner

Follow-on

R$ 5,290 millions

2009

Co-Lead

Follow-on

R$ 1,308 millions

2009

Joint Lead Bookrunner

IPO

R$ 8,397 millions

Position in 2009

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FIDC – 2009 Issues

R$ 150,000,000

June/2009

FIDC

R$ 245,000,000

Lead Manager and Disbutor

July/2009

FIDC

Lead Manager, Disbutor and Custodian

R$ 227,000,000

July/2009

FIDCLead Manager and Disbutor

Position in 2009

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Foreign Network

Service Points

La Paz

Miami

Washington

Cidade do MéxicoPanama

BB Securities LLC

BAMB BB Leasing

LATIN AMERICALATIN AMERICA

NORTH AMERICANORTH AMERICA

Caracas

Lima

Santiago

Assunção

Grand Cayman

Nova Iorque

Buenos Aires

MontevidéuCidade do Leste

Santa Cruz de La Sierra

Luanda

ASIAASIA

Xangai

Hong Kong

Gunma

Gifu

Nagano

Ibaraki

Tóquio

Nagoia

HamamatsuSeul

LisboaFrankfurt

BB Securities EUROPEEUROPE

Cascais

Londres

Milão

Dubai

Viena

Roma

Madri

Paris

AFRICAAFRICA

Parque das Nações

Porto

45 Service Points in 23 countries 05 Subsidiaries 15 Branches 10 Sub-branches 12 Offices 01 Service Unit

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Brazilian Companies – More Internationalized than ever

1970 1980 1990 2000 2009 l..........................l........................l...........................l...........................l

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Brazilian Companies

around the World

1999 2003 2009 l..........................l..........................l

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Where to invest in Brazil?

• Several investment opportunities, particularly in the infrastructure industry.

• There are projects in progress and others to be installed involving a budget of approximately US$ 1 trillion.

• The current IRR of the analyzed projects is around 15% on average.

• Several investment opportunities, particularly in the infrastructure industry.

• There are projects in progress and others to be installed involving a budget of approximately US$ 1 trillion.

• The current IRR of the analyzed projects is around 15% on average.

PRÉ-SALPRÉ-SAL

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PAC 2 – Preliminary Estimate of the Government Investment

PAC “Energy” – Considering PRE-SALT PROJECT 8

Source: www.brasil.gov.br/pac/pac2

R$ billion

PAC 2011-2014 AFTER 2014 TOTAL

PAC “BETTER CITY” 57.1 - 57.1

PAC “CIVIL COMMUNITY” 23.0 - 23.0

PAC “MY HOME, MY LIFE” 278.2 - 278.2

PAC “WATER AND ENERGY FOR ALL” 30.6 - 30.6

PAC “TRANSPORTATION” 104.5 4.5 109.0

PAC “ENERGY” 465.5 627.1 1,092.6

TOTAL 958.9 631.6 1,590.5

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Soccer World Cup - 2014

• 500 Thousand foreign tourists expected;

• Investments may exceed R$ 100 billion in various sectors;

• 6 Stadiums will be built and 6 renovated;

• 47 Public Transportation Projects;

• 1,100 Projects, considering the renovation and construction of hotels and inns;

• Expansion and modernization of the hotel network, adding 93 thousand beds by 2014. The present capacity will increase from 295 thousand to 387 thousand beds.

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Rio de Janeiro 2016 Olympic Games

• U$ 50 Billion in investments for Rio.

• Several construction works involving transport, sanitation, energy, security, facilities, olympic villages and press center.

• Expansion and modernization of the hotel network from 28 thousand to 50 thousand beds by 2016.

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Do you want to invest in Brazil?

BB is ready to serve you.

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Thank You !

Banco do Brasil Ivan de Souza Monteiro

CFOwww.bb.com.br

phone: 55 (61) 3310-5353