1 Unibanco´s Consolidated Results for the Period Ended June 30, 2000 Conference Call - August 15, 2000

2 Results and Capitalization 1S001S99 Recurring Non-recurring 50 82(39.7) Total Net worth (R$ million)4,1863, BIS Ratio - Bacen16.2%13.8% % Net income (R$ million)

3 Gross Profit from Financial Intermediation ,5971,584 Provisions for Losses (net of recov.)(68)(194)(82)(262)(515) Fee Income Personnel & Admin. Expenses(710)(665)(651)(1,375)(1,327) Other(148)7(104)(141)29 Income Before Tax & Social Contribution Tax & Social Contribution(51)(84)(36)(135)(77) Profit Sharing(48)(50)(66)(98)(109) Net Income Consolidated Income Statement 2Q001Q002Q991S001S99 In R$ million

4 Loans Year % change 12.2% -13.3% 3.4% 28.9% 32.5% -12.7% 14.8% 18.9% 7.8% General Purpose Lending Trade Finance Subtotal Personal Loans Real Estate Leasing Credit Cards Subtotal Total 8,098 3,325 11,423 2, ,703 5,245 16,668 7,311 3,145 10,456 2, ,551 4,857 15,313 7,216 3,835 11,051 1, ,483 4,410 15,461 In R$ million 10.8% 5.7% 9.3% 10.8% 3.2% -5.1% 9.8% 8.0% 8.8% Quarter % change Jun/99 Mar/00Jun/00

5 Profit from Financial Intermediation ,3361,069 Loan Recovery (110)(103)(170)(213)(243) Provision for Loan Losses Provision for securities, G/L securities(1)(48)(6)(49)134 Treasury non-recurring----(210) Adjusted Margin ,5501,508 Annualized (%) (1) Q001Q002Q991S001S99 Net Financial Margin (1) Over average of ending balances of loans and securities. In R$ million

6 Fee Income Banking tariffs and other fees and commissions Credit Cards Assets under Management TOTAL In R$ million 2Q001Q002Q991S001S99

7 Personnel and Administrative Expenses Personnel Expenses Multiple Bank Subsidiaries and affiliates Administrative Expenses Multiple Bank Subsidiaries and affiliates TOTAL ,375 1,327 Efficiency Ratio (%) (*) Fees/Pers. & Adm. Expenses (%) Q001Q002Q991S001S99 In R$ million (*) PIS/Cofins/ISS expenses (R$ 230 million in the 1S00) deducted from gross revenues for the purpose of calculating this ratio.

8 Provisions - Resolution 2682 R$ million Classification Number of Days Overdue Required Provisions (%) Total Loan Portfolio Distribution (%) % Cumulative Distribution Overdue Credits Credits to mature Generic Provision Total Provision AA 0-7, A 0 – , B 15 – 3011, C 31 – 6031, D 61 – E 91 – F 121 – G 151 – H > TOTAL (*)17, ,145 % of total provision % over credit risk Specific Credit Provisions (*) Total risk, including the loan portfolio and other receivables (guarantees honored, notes receivables and other generic receivables). Minimum Required

9 Operational Highlights 1S00 - Retail Net increase of 117,000 clients with demand deposits Active users of Internet Banking up 67,000 to reach 196,000, 43% of PC banking client base of 457,000 29% increase in demand deposits to R$ 848 million 5% increase in loan outstandings to R$ 6.1 billion 12% increase over 1S99 in cash management revenues from small companies to R$ 85.1 million (65% total cash management revenues)

10 Operational Highlights 1S00 - Wholesale Ranked 1 st in origination, 2 nd in distribution of fixed income securities Arranger of 12 syndicated lending transactions totaling R$ 2.0 billion Ranked 1 st in disbursements of BNDES onlendings (R$ 378 million) 14% increase in Private Banking portfolio to R$ 5.0 billion Completed 5 M&A advisories totaling over R$ 800 million

11 Operational Highlights 1S00 24% increase over 1S99 in premiums written to reach R$ million 6.1% decrease in expenses Combined ratio down to 99.7 in 1S00 from in 1S99 Unibanco Asset Management Unibanco Seguros 21% increase in assets under management to R$ 16.2 billion Market share in mutual funds increase from 5.1% to 5.5%

12 1S00 Strategic Initiatives Credibanco - Credibanco acquisition concluded 04/19/2000 Banco1.net - Formation of Banco1.net in association with Portugal Telecom announced 05/19/2000 CGDBanco Bandeirantes - Alliance with CGD for the acquisition of Banco Bandeirantes announced 07/03/2000 B2B - B2B Alliance with Banco Galicia and Portugal Telecom announced 08/02/2000

S00 Net Income - R$ million Recent Trends 11,758 12,158 14,046 15,811 16,668 Dec/96 Dec/97 Dec/98 Dec/99 Jun/00 Loans - R$ million

14 Fee Income - R$ million Recent Trends Total expenses - R$ million 904 1,244 1,368 1, S ,677 2,632 2,771 2,727 1, S00 1,155 1,292 1,3221,327