3Q07 | 1 Unibanco and Unibanco Holdings, S.A. Investor Relations Consolidated Earnings 3 rd Quarter 2007 November 9 th

3Q07 | 2 9M07 2,621 1, Net income Recurring net income Result from non recurring events R$ Million Performance 33.7% 24.5% ROAE ROAE before non recurring events 3Q07 1, % 26.5%

3Q07 | 3 Net Income Results from non recurring events Income Statement Summary R$ Million Gross Profit from Financial Intermediation Personnel and Administrative Expenses Fees from Services Rendered Provisions for Loan Losses Net Profit from Financial Intermediation Net Income before non recurring events 2Q07 2, (1,417) 1, (545) 2, Tax Rate24% 3Q07 3Q06 9M069M07 7,231 (1,889) 5,342 2,600 (4,109) 2,626 (460) 1,174 21% 1,634 Operating Income before non recurring events 106 2,481 (579) 1, (1,434) 911 (460) 21% 566 6,060 2,704 (4,215) 3,006 2,621 (1,629) 7, ,885 24% 2, (1,414) 1,024 1,199 (560) 2, % Other Operating Income (Expenses)(524)(1,207)(442)(1,543)(587)

3Q07 | 4 - Gain on Redecard’s IPO680 (128) - (20) 532 R$ Million (572) (47) (142) (699) (47) (162) Q07 3Q079M07 Result from non recurring events Non Recurring Events (1) (1) Net of taxes Other provisions Result from the sale of Serasa's stake Provision for loan losses Change in participation on our subsidiary UPS Labor, civil, and fiscal provisions Non Recurring Events

3Q07 | 5 Annualized ROAEStockholders’ Equity (R$ Bln) Net Income (1) Operating Income (1) Performance R$ Million 9.0 3Q Q Q069M069M079M (1) Before non recurring events Performance 23.3% 24.8% 26.5 (1) % 24.5 (1) % 23.1% 21.3% 9.0  3Q07/3Q06 3Q079M07  9M07/9M06 3,006 1,885 1, % 17.8% 14.5% 15.4%

3Q07 | 6 Destaques  Total loan portfolio growth: 8.2% QoQ (6.8% in the Brazilian Financial System) 29.0% YoY (24.8% in the Brazilian Financial System)  Payroll loans: 31.2% QoQ (152.4% YoY)  Auto Loans: 24.6% QoQ (70.6% YoY)  SMEs: 12.1% QoQ (37.1% YoY) Loan Portfolio  13.8% reduction in provision for loans losses expenses, 9M07 vs 9M06  Better ratio of D to H portfolio over total loans (4.9% vs 6.7% in September 2006)  Better ratio of non-accrual portfolio over total loans (4.1% vs 5.4% in September 2006)  118% non-accrual loan portfolio coverage (past due and falling due credits) Asset Quality Improvement Stocks  Unibanco ADTV (1) (Bovespa + NYSE): R$466 million in 3Q07 versus R$150 million in 3Q06, a 211% increase  Market Capitalization (2) : R$37.7 billion Operational Efficiency  1.4% reduction in Personnel and Administrative Expenses in 3Q07 compared to 3Q06  Personnel and Administrative Expenses for companies under Unibanco’s direct management: 1.0% variation compared to 3Q06 1.6% variation from 9M06  Better ratio of Cost to Assets (4.4% in 3Q07 versus 5.9% in 3Q06) Highlights (1) Average Daily Trading Volume (2) As of November 6 th, 2007

3Q07 | 7 9M079M06 Performance – 9M07 versus 9M Loan Portfolio 100 Personnel and Adm. Expenses 100 Provision for Loan Losses 100 Core Deposits 9M06 = (1) Before non recurring events Operating Income (1) Net Income (1) 102

3Q07 | 8 Financial Indicators Net Profit from Financial Intermediation (R$ Million) Total Assets (R$ Billion) Loan Portfolio (R$ Billion) Earnings per Share (R$) 1,902 2, (1) ,957 1, Dec-06 3Q064Q061Q072Q07 Mar-07Jun-07Dec-06Mar-07Sep-06 Jun-07Sep-07 3Q07 2, (1) (1) Before non recurring events Q064Q061Q072Q073Q07

3Q07 | 9 5.8% R$ Million 5.5%5.9% 2Q07 3Q079M07 Treasury Gains / Gross profit from financial intermediation Treasury Gains 9M063Q06 6.6%4.4% Financial margin from treasury (A) ,6212,481 2,0761, ,660 2, ,689 6, ,231 5,342 Gross profit from financial intermediation (B) Net profit from financial intermediation (C) 7.3%7.2%7.5% Treasury Gains / Net profit from financial intermediation 8.3%5.9% (A/B) (A/C)

3Q07 | 10 Wholesale Retail R$ Million Loan Portfolio Growth Brazilian Financial System 23.2%29.0%8.2% 16.6%24.8%6.8%  9M07 Quarter  12 months 29.0% Jun-07Sep % Sep-06 51,644 59% 41% 55,902 61% 39% 43,323 56% 44%

3Q07 | 11 Credit: UBB x Brazilian Financial System Jun-07Sep-07Sep-06Dec-06 Brazilian Financial System Credit Evolution Sep-06 = 100

3Q07 | 12 Individuals Car Loans Corporate Total Portfolio Loan Portfolio Growth Credit Cards Consumer Finance Companies Sep-06Jun-07Sep-07 R$ Million Mortgages SMEs Large Corporate Portfolio highlights  Quarter  % 12 months ,883 30,761 51,644 5,412 2, , , , ,759 Payroll ,400Own portfolio ,285Acquired portfolio Other branch network loans , ,685 16,383 26,940 43,323 4,330 2,649 1,460 7,955 18,985 4,205 1, ,507 1,915 23,402 32,500 55,902 5,680 3,030 1,630 10,909 21,591 7,175 1,536 3,298 5,586 4,834

3Q07 | 13 Sep-06Sep-07 4,205 7, % 3Q06 = 100 Auto Financing 3Q07 Market Cars + Trucks & Buses Loans Focus: New Cars (Financed Units) Focus: New Trucks & Buses (Financed Units) R$ Million 3Q06 = % 47% 69% 53% New vehicles Used vehicles

3Q07 | 14 Sep-06Sep-07 Credit Cards R$ Million Billings (Unicard + Hipercard) Loan Portfolio (Unicard + Hipercard) Number of cards (In Million) 3Q063Q % 4,330 5, % 4,635 6,380 Sep-04Sep-05Sep-06Sep-07 Total Cards Credit Cards (A+B) Private Label Cards Hipercard (B) Visa + Mastercard (A)

3Q07 | 15 Financial Margin After ProvisionFinancial Margin Provision for Loan Losses / Financial Margin -800 b.p % 11.25% Selic Rate Financial Margin 20.8% 27.2% 3Q073Q061Q071Q % 2Q % 4Q % 21.1% 3Q063Q07 9.0% 10.6% 8.1% 7.1% 2Q07 2Q % 8.5% 6.7%

3Q07 | 16 Asset Quality D to H Portfolio / Loan Portfolio Coverage Non-Accrual Portfolio Coverage D to H Portfolio Sep-06Jun-07Sep % Sep-06Jun-07Sep % 5.2% Sep-06Jun-07Sep % 4.9% 99% 87% 118% 109% 4.5% Sep-06Jun-07Sep % 4.1% Non-Accrual Portfolio / Loan Portfolio

3Q07 | 17 Total Funding (A) Demand Deposits Savings Deposits Core Deposits CDs Core Deposits Time Deposits + Debentures Assets Under Management (B) Total Funding + AUM (A+B) Total Deposits + Debentures R$ Million Sep-07Jun-07Sep-06 Funding and AUM Other Funding 86,12389,25970,111 4,626 8,045 5,149 17,820 28, ,650 46,804 47,527 4,160 8,832 4,982 17,974 48,665 29, ,924 47,731 4,470 5,558 4,648 14,676 29, ,586 43,806 42,475 39,31941,528 26,305

3Q07 | 18 R$ Million Administrative Expenses Personnel Expenses Personnel and Administrative Expenses Companies under Unibanco´s direct management 3Q06 2.7% 1.0% 9M07 9M06 1.6% 2,34 9 1,630 3,979 2,349 1,567 3,916 3Q072Q , , ,345 2,34 9

3Q07 | 19 Fees from Services Rendered R$ Million Total fees from services rendered Banking fees and commissions Credit Cards (1) Assets under management 2Q073Q073Q06 Serasa (3) Subtotal Other fees (1) Hipercard + Unicard 9M079M06 (2) In 3Q07, Unibanco changed its participation in Redecard from 31.9% to 23.2% Redecard (2) (3) In 3Q07, Serasa’s result was accounted by the equity income method , , , , , ,

3Q07 | 20 Efficiency Revenues R$ Million Efficiency RatioExpenses 3Q073Q04 2,988 1,414 3Q05 2,136 1,308 3Q06 2,575 1,323 2,913 1, % 47.3% 51.4% 49.2% 6.5% 4.4% 6.3% 5.9% Cost to Assets

3Q07 | 21 1, (68) (77) Q072Q073Q (70) Income Statement Summary 9, % 7, % 9, % 94.6% 95.6% R$ Million Insurance and Pension Plans 9M079M06 2,621 1, (198) ,109 1, (201) %45.5% 94.5%94.9% 9,5437,856 Net premiums written Premiums earned Industrial result Personnel and administrative expenses Operating income Net Income Financial & equity result Technical Reserves Loss Ratio Combined Ratio

3Q07 | 22 (*) As of November 6th, 2007 Sep-06Dec-06Mar-07Sep-07Jun-07 UBB 178 UBBR R$37.7 billion Unibanco’s Market Cap (*) Stocks Units (UBBR11) and GDSs (UBB) (1) Valid from December 2006 to November Ibovespa2.278 IBrX ISE Sustainability Index (1) UBBR11 Sep to Dec 07Sep to Dec May to Aug 05 (2) N/A Index Weighting (%) (2) Inclusion in Ibovespa.

3Q07 | 23 R$ Million Average Daily Trading Volume (Bovespa and NYSE) Units and GDSs 2Q Units (UBBR11) GDSs (UBB) Q Q07 42% 22% 37%

3Q07 | 24 Ratings Moody's Investors Service upgraded, on August 23 th, 2007, the long-term foreign-currency subordinate perpetual bond ratings of Unibanco Grand Cayman to Investment Grade

3Q07 | 25 Sustainability Carbon Credits Unibanco is one of the best companies to work for in Brazil, according to “Exame” and “Você S/A” magazines Human Resources Unibanco signed with Japan Bank for International Cooperation (JBIC) the first financing agreement between Brazil and Japan for CDM ( Clean Development Mechanism ) projects, which are focused on the carbon credit market In September 2007, Bandeirantes Thermoelectric Plant concluded the world’s first auction of carbon credits. The power plant is the largest of its kind in the world, and arose out of an Unibanco Project Finance operation

3Q07 | 26 Subsequent Event Number of shares sold by Unibanco23,314,228 R$23.00Price per share Bovespa’s IPO R$536 millionTotal value of the sale

3Q07 | 27 Unibanco APIMEC Meetings 2007 Porto Alegre Hotel Sheraton November 22 nd, 6pm São Paulo Buffet Rosa Rosarum December 3 rd, 3:30pm Unibanco Day New York NYSE – New York Stock Exchange December 11 th Save the Date

3Q07 | 28 Unibanco and Unibanco Holdings, S.A. 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, Junkets, 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 in duty to update any of the projections contained herein. Investor Relations phone: fax: website: