Investor Relations | 1 Unibanco and Unibanco Holdings, S.A.

Investor Relations | 2 Annualized ROAE (%)Stockholders’ Equity (R$ Bln) + 21% + 27%  2Q06/2Q05 2Q Performance 9.5 1Q Q052Q Q06 1H06 1,068 1,703  1H06/1H05 1H05 1H06 1H04 R$ Millions + 25% + 22% % 16.4% 23.6% Net Income Operating Income 24.0% 23.0% 17.3% 24.7%

Investor Relations | 3 Highlights Results Loan Portfolio Units UBBR11 Efficiency  25% net income growth, 1H06 versus 1H05  Financial margin (before provisions for loan losses) grew to 10.6% in 1H06, vis- a-vis 10.1% in 1H05 – despite declining interest rates  Growth of 5.7% in 2Q06  19.3% up in 12 months. Highlight to credit cards portfolio growth: 42.9%  Approximately 60% gain over the past 12 months  Higher weight in the Ibovespa index: 1.825% (1)  Stock Dividend (Bonificação de Ações) aimed at increasing liquidity  Efficiency ratio of 47.5%, a 530 b.p. improvement from 2Q05 (52.8%)  1.3% change in personnel and administrative expenses, 2Q06 versus 1Q06 Insurance  29.3% ROAE in 2Q06  93.9% combined ratio in 1H06, from 99.2% in 1H05  47.3% loss ratio in 2Q06, from 55.6% in 1Q06 (1) 1 st Preview of the Theorical Portfolio Sep - Dec 2006.

Investor Relations | 4 Financial Indicators Profit from Financial Intermediation Total Assets Loan Portfolio Earnings per Share (R$) Jun-05Sep-05Dec-05Mar-06 35,154 36,872 39,875 39,684 Jun-05Sep-05Dec-05Mar-06 Jun-06 41,929 Jun-06 2,005 2,159 2,262 2,357 2Q053Q054Q051Q06 2,392 2Q062Q053Q054Q051Q062Q06 R$ Millions 82,884 88,423 91,831 93,770 98,

Investor Relations | 5 Income Statement 2Q061Q062Q051H061H05 R$ Millions Profit from Financial Intermediation (+) Fees from Services Rendered (-) Personnel & Administrative Expenses (+/-) Other Operating Income / Expenses (=) Operating Income (+/-) Non-Operating Income (+/-) Income Tax and Social Contribution (Effective Income Tax Rate) (-) Profit Sharing / Minority Interest Net Income 3,103 1,534 (2,420) (818) 1, (295) (266) % 1,7241,7151, (1,373)(1,355)(1,233) (383)(389)(435) (3)22 (159) (147)(129) (163)(164)(125) %20%21% 3,439 1,764 (2,728) (772) 1,703 (2) (306) (327) 1,068 21% 1

Investor Relations | Q061Q Performance – 2Q06 versus 1Q06 Fee Income Core Deposits Loan Portfolio Financial Margin before Provision Provision for Loan Losses Adm. ExpensesOperating Income Net Income 1Q06 = 100

Investor Relations | Fee Income 100 Core Deposits Q062Q05 2Q05 = 100 Performance – 2Q06 versus 2Q Loan Portfolio Financial Margin before Provision Provision for Loan Losses Adm. ExpensesOperating Income Net Income

Investor Relations | 8 Loan Portfolio Quality Loan Portfolio, by risk level 92.0% 93.1% Jun-05 Mar-06Jun-06 AA-C 92.8% +33% Additional allowance for loan losses (R$ Millions) 8.0%6.9% D-H 7.2% Jun-05Mar-06Jun

Investor Relations | 9 Loan Portfolio Coverage Jun-06Mar-06Jun-05 Allowance for Loan Losses / Loan Portfolio Consumer Finance Companies Credit Cards Commercial Bank - Individuals Auto Financing SMEs Retail Wholesale Unibanco Consolidated 10.1% 7.7% 9.1% 4.4% 5.2% 6.7% 4.0% 5.6% 11.0% 8.5% 8.8% 4.8% 5.7% 7.2% 3.6% 5.6% 9.4% 4.5% 7.6% 2.8% 4.0% 5.2% 4.6% 4.9%

Investor Relations | 10 Financial Margin Provision for Loan Losses/ Financial Margin 2Q % 1Q % 2Q % 10.7% 10.5% 10.9% 10.6% 10.1% 8.1% 1H051H % 27.6% 8.1% 7.9% 7.6% Post Provision Financial Margin Financial Margin

Investor Relations | 11 Loan Portfolio Mix Retail Wholesale Jun-06Jun-05 50% Jun-04Dec-99 33% 67%50% 44% 56% 44% 56% 44% 56%

Investor Relations | 12 Loan Portfolio Growth 19.3% Mar-06Jun % 2.8% Jun-05 35,154 39,684 23,281 16,403 41, % 23,934 20,100 17,995 15,054 R$ Millions Retail (1) Wholesale (1) It includes acquired credit of individuals, cosigned by the financial institutions that sold the credits.

Investor Relations | 13 Loan Portfolio Growth – Individuals and Corporate Corporate Individuals (1) Jun-05Mar % 13,686 15,793 Jun-06 16, % 20.6% 21, % 23,891 Main Highligths 25, % 3.3% 5.3% 9.7%  Quarter 14.0% 42.9% 22.9% 19.5%  Year Jun-05Mar-06 Jun-06 R$ Millions Branch Network Credit Cards Auto Financing Consumer Finance Companies SMEs Large Corporate -1.7%14.4% 4.9%8.1% (1) It includes acquired credit of individuals, cosigned by the financial institutions that sold the credits.

Investor Relations | 14 Deposits and Assets under Management 4,4053,9583,546 5,1875,2485,635 4,2013,6042,350 13,79312,81011,531 24,98423,90523,324 Jun-06Mar-06Jun-05 Demand Deposits Saving Deposits TDCs - Core Deposits Core Deposits Time Deposits Assets Under Management (B) Total Deposits + Debentures + AUM (A+B) Total Deposits + Debentures (A) R$ Millions Debentures 5,065 4,8201,381 43,84241,53536,236 84,92381,45971,355 41,08139,92435,119 35% 36%33% Core Deposits / Total Deposits

Investor Relations | 15 Working on the Fundamentals Core Deposits 1 Source: Brazilian Central Bank, preliminary data 19.6% 7.3% SFN 1 Core Deposits Evolution Jun 06 vs Jun 05 TDCs Core Deposits Jun 06 vs Mar % 0.2% R$ Millions 403 2,350 Jun-04Jun-05 4,201 Jun-06 Jun 06 vs Jun % 17.2% Nacional Financial SystemUnibanco Dec-04Mar-05Jun-05Sep-05Dec-05Mar-06Jun-06 CreditCore DepositsCore/Credit % 38% % 33% 132 Dec-04=100 Dec-04Mar-05Jun-05Sep-05Dec-05Mar-06Jun-06

Investor Relations | 16 Fee Income 1Q06 2Q Total Q Fee Income/ Personnel and Administrative Expenses R$ Millions Banking fees Credit Cards Assets under management 1H06 1H ,534 1, , % 63.7% 65.6% 2Q051Q062Q % 64.7% 1H051H06

Investor Relations | 17 Personnel and Administrative Expenses 1Q Total 1,355 2Q ,233 2Q ,373 1, ,420 1, ,728 2H051H051H06 R$ Millions Commercial Bank Subsidiaries Other Administrative Expenses Personnel Expenses 1, , Q Q Q06 1,233 1,373 1, % 1, H05 1,642 1,086 1H06 1, H05 2,420 2,728 2, %

Investor Relations | 18 Working on the Fundamentals Efficiency Ratio Evolution R$ Millions RevenuesEfficiency RatioExpenses 48.1% 52.8% 63.4% 2Q042Q051Q % 2Q06 1,961 2,337 2,815 1,242 1,233 1,355 2,891 1,373

Investor Relations | 19 Insurance and Private Pension Plans Q051Q062Q % 2Q051Q062Q06 4,848 5,628 5,864 1,424 1,676 1,729 6,272 7,593 7, % Jun-05Mar-06Jun-06 Technical ReservesNet Income R$ Millions Combined Ratio Loss Ratio Private Pension Plans Insurance 47.3% 55.6% 53.3% 94.0% 93.7% 100.0% 2Q051Q062Q06

Investor Relations | 20 Stock Dividend (Bonificação de Ações) To increase the liquidity of Unibanco’s and Unibanco Holdings’ shares in the Brazilian stock market by means of having a quotation value accessible to small investors. Current (closing on August 10 th ) Before (closing on July 17 th ) After (opening on July 18 th ) Unit Price (R$) Outstanding Shares (millions) 1,398.92,797.8 Market Cap (R$ Billions) 18.4 GDS Price (US$) Ratio (Units per GDS) 5 : 110 : , : 1

Investor Relations | 21 Summary: Loan Portfolio R$ Millions Jun-05Sep-05Dec-05Mar-06Jun-06 35,154 36,872 39,875 39,684 41, %

Investor Relations | 22 Summary: Core Deposits R$ Millions 11,531 11,657 12,451 12,810 13, % Jun-05Sep-05Dec-05Mar-06Jun-06

Investor Relations | 23 Summary: Financial Margin 2Q053Q054Q051Q062Q06 Before ProvisionsAfter Provisions 10.7% 10.9% 10.5% 8.1% 7.9% 7.6% 10.8% 8.2% 7.6% +20 b.p. -50 b.p.

Investor Relations | 24 Summary: Provisions / Financial Margin 2Q053Q054Q051Q062Q % 23.3% 29.0% 27.2% 27.9% +620 b.p.

Investor Relations | 25 Summary: Efficiency Ratio 52.8% 51.3% 49.2% 48.1% 47.5% -530 b.p. 2Q053Q054Q051Q062Q06

Investor Relations | 26 Summary: Net Income 2Q053Q054Q051Q062Q06 R$ Millions +21.0%

Investor Relations | 27 Summary: Annualized ROAE 2Q053Q054Q051Q062Q % 23.3% 24.2% 24.0% 24.7% +170 b.p.

Investor Relations | 28 Save the date APIMEC Meetings 2006 Rio de Janeiro Sofitel Hotel August 17 th 06:00 PM Brasília Blue Tree Park Hotel October 17 th 06:00 PM Belo Horizonte Ouro Minas Palace Hotel September 21 th 06:00 PM São Paulo Unique Hotel November 23 rd 03:30 PM

Investor Relations | 29 Investor Relations phone: fax: site: 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, markets, 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 no duty to update any of the projections contained herein.