1. 2Q07 | 1 Unibanco and Unibanco Holdings, S.A. Investor Relations Consolidated Earnings 2 nd Quarter 2007 August 10 th, 2007

2. 2Q07 | 2 2Q07 841 1H07 1,422 6381,219 203 Net income Recurring Net Income Result from non recurring events R$ Million Performance 35.9%29.3% 26.7%25.1% ROAE ROAE before non recurring events

3. 2Q07 | 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 Operating Income before non recurring events Net Income before non recurring events 2Q061Q07 2Q07 1H061H07 1,8842,076 869 910 (1,384)(1,417) 9381,045 581 841 1,724 876 (1,347) 875 548 (524)(545)(668) 2,4082,6212,392 3,960 1,779 (2,801) 1,983 1,422 (1,069) 5,029 3,440 1,715 (2,675) 1,715 1,068 (1,310) 4,750 -203- - 581 638548 1,2191,068 Tax Rate21%24%25%21%25%

4. 2Q07 | 4 Non recurring events result Result from non recurring events 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 (47) 285 203 (142) 679 (572) R$ Million Non recurring events (1) (1) Net of taxes

5. 2Q07 | 5 Annualized ROAEStockholders’ Equity (R$ Bln) Net Income (1) Operating Income (1) Performance R$ Million  2Q07/2Q06 2Q071H07  1H07/1H06 + 19.4% 1,0451,983 + 15.6% + 16.4% 6381,219 + 14.1% 23.0% 8.7 2Q05 26.7% (1) 10.8 2Q07 24.7% 9.8 2Q061Q07 10.3 25.1% 1H06 1H071H05 9.8 8.7 10.8 21.4% 25.1% (1) 23.6% (1) Before non recurring events Performance

6. 2Q07 | 6 Destaques  Total loan portfolio growth: 9.9% QoQ (5.5% in the Brazilian Financial System) 23.2% YoY (21.4% in the Brazilian Financial System)  Commercial Bank: 19.3% QoQ (39.3% YoY)  Credit Cards: 9.4% QoQ (31.5% YoY) Loan Portfolio  18.4% reduction in provision for loan losses, 2Q07 vs 2Q06, maintaining coverage  Better ratio of D to H portfolio over total loans (5.2% vs 6.9% in June 2006)  Better ratio of non-accrual portfolio over total loans (4.5% vs 5.3% in June 2006)  100% D to H loan portfolio coverage Asset Quality Improvement Stocks  Unibanco ADTV (1) (Bovespa + NYSE): R$339 million in 2Q07 versus R$198 million in 2Q06, a 71% increase  Market Capitalization (2) : R$30.5 billion Operational Efficiency  Personnel and Administrative Expenses for companies under Unibanco’s direct management in 1H07: - 4.6% reduction compared to 2H06 - 2.0% variation from 1H06, below the 3.7% inflation (IPCA) in the period - 7.6% reduction in Other Administrative Expenses compared to 2H06 - Flat Personnel Expenses compared to 2H06 Highlights (1) Average Daily Trading Volume (2) As of August 7 th, 2007

7. 2Q07 | 7 2Q072Q06 2Q06 = 100 Performance – 2Q07 versus 2Q06 100 Loan Portfolio 100 Administrative Expenses 100 Operating Income (1) 100 Net Income (1) 100 Provision for Loan Losses 100 Core Deposits 123 105 119 116 82 (1) Before non recurring events 129

8. 2Q07 | 8 2Q071Q07 Performance – 2Q07 versus 1Q07 100 Loan Portfolio 100 Administrative Expenses 100 Provision for Loan Losses 100 Core Deposits 1Q07 = 100 110 102 111 110 104105 (1) Before non recurring events Operating Income (1) Net Income (1)

9. 2Q07 | 9 Financial Indicators Net Profit from Financial Intermediation (R$ Million) Total Assets (R$ Billion) Loan Portfolio (R$ Billion) Earnings per Share (R$) 1,902 1,724 0.21 0.20 1,957 1,884 0.21 Dec-06 2Q063Q064Q061Q07 Mar-07Jun-06Dec-06Mar-07Sep-06 Jun-06 2Q063Q064Q061Q07 Jun-07 2Q072Q07 (1) 2,076 0.23 (1) Before non recurring events 104 98 45 102 42 43 115 47 130 52

10. 2Q07 | 10 Wholesale Retail R$ Million Loan Portfolio Growth Brazilian Financial System 13.9%23.2%9.9% 9.1%21.4%5.5%  1H07  Quarter  12 months 23.2% Mar-07Jun-07 9.9% 12.0% Jun-06 41,929 6.9% 17,995 51,644 30,612 21,032 47,001 27,330 19,671 23,934

11. 2Q07 | 11 Credit: UBB x Brazilian Financial System 100 111 115 121 108 112 123 Mar-07Jun-07Jun-06Dec-06 Brazilian Financial System Credit Evolution Jun-06 = 100

12. 2Q07 | 12 Individuals Car Loans Corporate Total Portfolio Loan Portfolio Growth Credit Cards Consumer Finance Companies Jun-06Mar-07Jun-07 R$ Million Mortgages SMEs Large Corporate Portfolio highlights  Quarter  % 12 months 9.9 15.0 23.2 44.7 7.2 18.9 14.0 30.1 41,929 25,881 16,04818,31920,883 28,68230,761 47,00151,644 4,1174,9475,412 2,8092,7152,762 31.59.4 -1.71.7 1,4561,5451,5868.92.7 7,8869,0119,72923.48.0 17,99519,67121,03216.96.9 3,9805,0095,759 Payroll 32.112.41,0601,2461,400Own portfolio 360.788.14961,2152,285Acquired portfolio Branch network 10.916.54,7204,9595,499 49.7136.81,5562,4613,685

13. 2Q07 | 13 Jun-06Jun-07 Credit Cards R$ Million Billings (Unicard + Hipercard) Loan Portfolio (Unicard + Hipercard) Number of cards (In Million) 2Q062Q07 +31.5% 4,117 5,412 +35.3% 4,402 5,958 Jun-04Jun-05Jun-06Jun-07 Total Cards Credit Cards (A+B) Private Label Cards Hipercard (B) Visa + Mastercard (A) 12.0 8.715.6 18.0 12.9 23.1 5.1 9.09.3 7.53.3 8.4 2.5 5.3 7.8 8.5 27.021.316.231.6

14. 2Q07 | 14 Financial Margin After ProvisionFinancial Margin Provision for Loan Losses / Financial Margin -830 b.p. 15.25% 12.00% Selic Rate Financial Margin 21.8% 27.9% 2Q073Q064Q062Q06 21.4% 1Q07 29.1% 4Q05 23.3% 20.8% 2Q062Q07 9.0% 10.7% 7.6% 7.1% 1Q07 7.2% 9.3%

15. 2Q07 | 15 5.2%6.2%6.9% Jun-06Mar-07Jun-07 Asset Quality D to H Portfolio / Loan Portfolio Coverage E to H Portfolio Coverage D to H Portfolio 92% 81% Jun-06Mar-07Jun-07 100% 116% 109% Jun-06Mar-07Jun-07 123%

16. 2Q07 | 16 Demand Deposits Savings Deposits Core Deposits CDs Core Deposits Time Deposits + Debentures Assets Under Management (B) Total Deposits + Debentures + AUM (A+B) Total Deposits + Debentures (A) Core Deposits / Total Deposits R$ Million Jun-07Mar-07Jun-06 Deposits and Assets under Management 4,626 8,045 5,149 17,820 28,984 94,331 46,804 47,527 53% 5,187 4,201 30,049 41,081 36% 4,014 7,510 5,478 17,002 45,606 29,430 92,038 46,432 49% 4,405 13,793 84,923 43,842

17. 2Q07 | 17 R$ Million Administrative Expenses Personnel Expenses Personnel and Administrative Expenses Companies under Unibanco´s direct management 2Q06 2Q071Q07 1.7% 2.2% 1H06 1H07 2H06 -4.6% 2.0% 771 523 1,294 781 541 1,322 778 522 1,300 1,526 1,045 2,571 1,55 9 1,063 2,622 1,687 1,061 2,748

18. 2Q07 | 18 Fees from Services Rendered R$ Million Total fees from services rendered Banking fees, other fees and commissions Credit Cards (1) Assets under management 1Q072Q072Q06 529 89 910 516 80 869 Redecard 141121 5762 Subtotal853807 Other fees9490 (1) Hipercard + Unicard 492 90 876 107 90 786 97 1H071H06 1,045 169 1,779 262 119 1,660 184 952 187 1,715 209 178 1,537 189

19. 2Q07 | 19 Efficiency Ratio Revenues R$ Million Efficiency Ratio Expenses 2Q07 2,997 1,417 2Q04 1,961 1,242 2Q05 2,337 1,233 2Q06 2,872 1,347 1Q07 2,835 1,384 52.8% 63.3% 47.3% 46.9% 48.8%

20. 2Q07 | 20 Capital Adequacy Ratio (1) Estimate for July, 2007 BIS Ratio Dec-06Jun-07Jun-06Mar-07Jul-07 15.0% 16.0% 13.3% 14.0% 15.0% (1) According to Brazilian Central Bank’s new rules Jul-07 13.5% (1)

21. 2Q07 | 21 1,084 650 118 (68) 35 88 929 487 107 (63) 29 97 2Q071Q072Q06 1,142 625 106 (63) 35 69 75 8653 Income Statement Summary 9,218 45.0% 7,593 47.3% 8,730 47.3% 94.6% 94.0%94.4% R$ Million Insurance and Pension Plans 1H071H06 1,778 961 186 (121) 59 189 2,226 1,275 224 (131) 70 158 168128 51.4%46.1% 93.9%94.5% 9,2187,593 Net premiums written Premiums earned Industrial result Personnel and administrative expenses Operating income Net Income Financial & equity result Technical Reserves Loss Ratio Combined Ratio

22. 2Q07 | 22 Broker dealer Use Unibanco’s resources available from the “Revenue Reserve” account 6 months, from August 10 th, 2007 on Company’s Objective Unibanco Investshop Corretora de Valores Mobiliários S.A. Authorized dates for the program Unibanco and Unibanco Holdings Board of Directors approved share acquisition by Unibanco Stock Repurchase Program

23. 2Q07 | 23  Unibanco’s Units gained 60% last 12 months  Market Cap (1) : R$30.5 billion  Units’ participation on Ibovespa continues to improve. The share participation has increased more than 100% since its inclusion, on May 2005 Units (UBBR11) versus Ibovespa GDSs (UBB) versus Dow Jones UBB: 70% Dow: 20% Units and GDSs UBBR11: 60% IBOV: 48% Jul-06Sep-06Dec-06Mar-07Jun-07 Jul-06Sep-06Dec-06Mar-07Jun-07 (1) As of August 7th, 2007 Weight (%) Ibovespa1.946 IBrX-503.464 IBrX-1003.012 IGC Corporate Governance Index3.286 ISE Susteinability Index*5.884 (*) Valid from December 2006 to November 2007. Index May to Aug-07

24. 2Q07 | 24 171 44 1Q07 215 254 85 2Q07 339 25 28 2003 3 64 19 2005 83 14 2 16 2001 1997 12 1 13 11 1 12 1999 48% 96% 58% Units (UBBR11) GDSs (UBB) R$ Million Average Daily Trading Volume (Bovespa and NYSE) Units and GDSs 144 31 2006 175

25. 2Q07 | 25 Sarbanes-Oxley Law On June 15 th, Unibanco and Unibanco Holdings achieved the SOX Certification, regarding internal controls over US GAAP Consolidated Financial Statements This achievement reaffirms Unibanco's commitment to the quality of the integrated management of process, risk and control, as well as the high quality standards of corporate governance practices adopted and the transparency of financial statements disclosure Sarbanes-Oxley Certification

26. 2Q07 | 26 Unibanco APIMEC Meetings 2007 Brasília Hotel Blue Tree September 17 th, 6pm Porto Alegre Hotel Sheraton November 22 nd, 6pm Belo Horizonte Ouro Minas Palace Hotel October 9 th, 6pm São Paulo Buffet Rosa Rosarum December 3 rd, 3:30pm Rio de Janeiro Bolsa de Valores August 22 nd, 6pm Unibanco Day Nova York NYSE – New York Stock Exchange December 11 th Save the Date

27. 2Q07 | 27 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: 5511-3584-1980 fax: 5511-3584-1585 email: investor.relations@unibanco.com website: www.ir.unibanco.com