1. 1 Banco do Brasil 1Q09

2. 2 Economic Environment Selic Interest Rate IPCA - Price Index Ratio - % 1Q09 11.3 5.6 2008 13.8 5.9 2007 11.3 4.5 2006 13.3 3.1 2005 18.0 5.7

3. 3 Economic Environment International Reserves Volume Sovereign Risk - basis points Trade Balance US$ billion 20052006200720081Q09 53.8 44.7 85.8 46.1 180.3 40.0 206.8 24.7 202.4 3.0 305 193 222 416 425

4. 4 Banking Industry Businesses Individuals Loan / GDP - % Loan Segments - Free Resources % Source: Brazilian Central Bank 31.2 30.7 34.7 41.3 42.5 2005 52.8 47.2 2006 52.2 47.8 2007 51.9 48.1 2008 54.7 45.3 1Q09 53.3 46.7

5. 5 Others Vehicles Payroll Loan Credit Cards / Overdraft Account Individual Loan Segments¹ - % Loan Segments ¹ Referential Credito to Tax Rate Source: Brazilian Central Bank 2005 32.6 32.7 20.4 14.3 2006 28.7 33.1 25.1 13.1 2007 26.6 34.0 26.8 12.6 2008 26.9 29.9 28.9 14.3 1Q09 26.5 29.0 29.1 15.3

6. 6 Board of Officers Internal Audit Board of Directors Shareholders General Meeting Board of Auditors Foreign Trade Wholesale International Security Management Executive Secretariat Strategy and Organization Marketing and Communication Legal Internal Controls Directorships Units Cards New Retail Business Insurance. Pension and Capitalization High Income Retail Micro and Small Enterprises Agribusiness Operational Support Logistics Government Employee Relations and Social Env. Resp. Finance Human Resources Controlling Credit Risk Management Pension Fund Management Capital Markets and Investment Investor Relations Accounting Reestructuring of Operational Assets Audit Committee Distribution and Retail Channels CEO VP of International Business and Wholesale VP of Cards and New Retail Business VP of Technology and Logistics Software Development VP of Human Resources and Social Environmentall Responsability VP of Credit. Controlling and Risk Management IT Infraestructure Technology VP of Finance. Capital Markets and IR VP of Government VP of Agribusiness VP of Retail and Distribution Low Income

7. 7 COBRA BB-99.36% ON 99.35% Total BI-0.04% ON 0.04% Total BB LEASING BB - 100% ON 100% Total BB VIENA BB -100% ON 100% Total BB CARTÕES BB - 100% ON 100% Total BB LEASING Co. LTD BB - 100% ON 100% Total BB DTVM BB -100% ON 100% Total BB CORRETORA BB - 100%ON 100% Total BAMB BB -100% ON 100% Total BB CONSÓRCIOS BB - 100% ON 100% Total BB BI BB - 100% ON 100% Total BANCO DO BRASIL SECURITIES LLC BB - 100% ON 100% Total BB SECURITIES BAMB -100% ON 100% Total BB TURISMO BAMB - 99% ON BB Leasing - 1% ON 100% Total ATIVOS S.A. BB BI - 49% ON 74.50 % Total BAMB - 51% ON 25.50% Total BRASILPREV BB-BI 49.99% ON 49.99% Total CIBRASEC BB-BI 9.09% ON 9.09% Total SBCE BB-BI 12.09% ON 12.09% Total BRASILSAÚDE BB-BI 49.92%ON 49.92% Total VISANET BB BI 31.63% ON 31.63% Total Securities Group ITAPEBI BB-BI 19% ON 19% Total BRASILCAP BB-BI 49.99% ON 49.99% Total KEPLER WEBER BB-BI 18.94% ON 17.65% Total BBDTVM 0.0245% ON 0.0228% Total VISA VALE BB BI 35% ON 40.35% Total PRONOR BB 1.77% PN 1.05% Total BB-BI 5.51% PN 3.27% Total BBDTVM 29.51% ON 12.02% Total Strategic Participation Non-strategic Participation BRASIL VEÍCULOS BB-BI 40% ON 70% Total NEOENERGIA BB-BI 8.81% ON 11.99% Total TECBAN BB BI 8.96% ON 8.96% Total B CADAM BB 56.19% PN 21.64% Total Non-Strategic Participation MANAGED BB PREVIDÊNCIA Closed Private Pension Entity SPONSORED CASSI PREVI FBB Other Participation RELATED COMPANIES / PARTICIPATION B B B I C O N T R O LLED BANCO POPULAR DO BRASIL BB -100% ON 100% Total FOUNDATION Multiple Bank National Treasury 54.33 % Previ 10.15 % BNDESPAR 2.49 % Individuals 5.78 % Businesses 5.36 % Foreign Capital 10.56 % Shares in Treasury 0.04 % ALIANÇA DO BRASIL BBBI - 100%ON 100% Total

8. 8 National Treasure PREVI BNDESPar Foreign Investors Others Participation Ownership Structure Free Float - % 65.6% 10.2% 2.5% 10.6% 11.1% Free float: 21.7% 6.9 2005 3.5 3.4 14.8 2006 7.6 7.2 21.7 2007 11.7 10.0 21.5 2008 11.3 10.2 21.7 11.1 10.6 1Q09

9. 9 Price / Book Value Price / Earnings Share’s Performance 2.0 2005 2.5 2006 3.1 2007 1.4 2008 1.4 1Q09 8.1 2005 8.7 2006 14.9 2007 4.3 2008 5.3 1Q09

10. 10 Share’s Performance Earnings / Share – R$ Dividends and Interest on Own Capital / Share – R$ 0.6 2005 1.0 2006 0.8 2007 1.4 2008 0.26 1Q09 1.7 2005 2.4 2006 2.0 2007 3.4 2008 0.65 1Q09

11. 11 Share’s Performance 85.2% 56.2% 140.6% 77.3% Ibovespa Banco do Brasil BradescoItaú dec/04dec/05dec/06dec/07dec/08mar/09

12. 12 Profitability Net Income - R$ billion ROE - % Market Capitalization - R$ billion Dividends and Interest on Own Capital - R$ million 4.2 2005 6.0 2006 5.1 2007 8.8 2008 2.3 1Q08 1.7 1Q09 26.8 32.1 22.5 32.5 43.5 23.8 33.7 2005 52.8 2006 75.3 2007 37.7 2008 58.7 1Q08 43.3 1Q09 1,498 2,418 2,023 3,521 939 666

13. 13 Shareholder’s Equity - R$ billion Capital Structure Basel Tier ITier II 16.8 2005 20.8 2006 24.3 2007 29.9 2008 30.9 1Q09 17.1 17.3 15.6 15.2 15.0 11.7 10.7 10.9 10.4 5.4 5.6 4.9 4.3 4.6 20052006200720081Q09

14. 14 Market Share % Assets² - R$ billion Assets (¹) Until Dec/08 - Source: Brazilian Central Bank(²) Economic-Financial Consolidated 253.0 2005 296.4 2006 367.2 2007 521.3 2008 2 591.9 1Q09 2 CAGR: 29.9% 15.1%14.8% 14.3% 18.1% 20.5% 1

15. 15 Money Market Borrowing Demand Deposits Saving Deposits Others Market Share - % R$ billion Time Deposits Funding (¹) Until Dec/08 - Source: SFN 168.2 208.1 260.6 362.0 CAGR (%): 31.7 14.9 26.5 8.9 46.9 37.4 411.5 63.5 30.5 32.8 35.8 5.5 2005 76.9 49.3 36.7 40.1 5.2 2006 85.5 72.3 51.3 5.6 45.8 2007 149.6 91.1 55.0 51.9 14.3 2008 19.1% 19.6% 19.8% 21.7% 24.7% 1 178.5 106.5 70.6 47.3 8.7 1Q09

16. 16 100.0 Saving Deposits Time Deposits Judicial Deposits Total Deposits Money Market Borrowing Total Funding Funding Cost - as % of Selic Funding 68.04% 83.87% 46.76% 67.08% 107.36% 77.91%

17. 17 Individuals Businesses Agribusiness Abroad Loan Portfolio R$ billion Market Share* - % (*)Sep/08 - Domestic Portfolio CAGR (%): 30.5 15.7 19.9 34.8 44.7 101.8 18.4 38.5 35.7 9.2 2005 133.2 24.0 51.9 45.1 12.2 2006 160.7 32.0 65.5 51.9 11.4 2007 224.8 48.8 97.2 63.7 15.1 2008 241.9 61.1 101.8 64.3 14.7 1Q09 16.5 15.3 16.0 17.1 18.3

18. 18 Others Payroll Loans Overdraft Account Credit Card Vehicle Loans Consumer Finance R$ billion 9.7 3.8 2.5 2.2 0.2 2005 18.4 9.5 8.3 3.1 2.2 0.9 2006 24.0 11.0 11.9 3.8 2.3 3.0 2007 32.0 14.4 17.6 7.6 2.5 6.7 2008 48.8 18.4 24.8 7.5 3.4 7.0 1Q09 61.1 CAGR (%): 44.7 195.6 13.9 40.4 78.0 22.0

19. 19 SMEMiddle and Corporate Enterprises Credit to Businesses R$ billion CAGR (%): 34.8 31.3 37.1 62.3 34.9 2008 97.2 40.9 24.6 2007 65.5 33.6 18.3 2006 51.9 23.1 15.4 2005 38.5 64.3 37.4 1Q09 101.7

20. 20 BusinessesIndividuals Credit to Agribusiness R$ billion CAGR (%): 19.8 46.2 13.7 35.8 30.5 5.3 2005 45.1 36.6 8.5 2006 51.9 40.2 11.7 2007 63.7 45.2 18.5 2008 64.3 46.3 18.0 1Q09

21. 21 Provision Expenses - R$ billion Provision Expenses/Loan Portfolio¹ - % Credit Risk (1) Average Loan Portfolio and Expenses in the last 12 months. 4.5 2005 5.7 2006 5.4 2007 6.8 2008 7.8 1Q09 3.8 4.7 5.0 3.7 3.6

22. 22 Additional + Required Provision / Loan Portfolio - %Required Provision / Loan Portfolio - % Past Due Loans + 90 days / Loan Porfolio - % Losses¹ / Loan Portfolio - % Credit Risk (1) Net of Recovery 6.6 6.4 6.1 6.4 5.4 5.7 1.4 2.2 6.5 2.7 2.4 2.7 3.4 2.5 5.4 5.8 2.0 2.9 1.1 20052006200720081Q09

23. 23 Net Interest Income Loan Revenues Other Interest Revenues Net Interest Income 19.2 14.4 2005 33.6 21.6 15.1 2006 36.7 25.3 14.7 2007 40.0 34.5 23.5 2008 58.0 7.2 3.8 1Q08 11.0 9.0 6.3 1Q09 15.3 16.7 18.1 20.8 24.1 5.6 7.0 R$ billion

24. 24 NIM (1) Annualized Net Interest Income over Earning Assets Agribusiness Individuals Businesses Selic - % NIM¹ - % Annualized NIM by Loan Portfolio - % 18.0 13.3 11.3 13.8 11.3 6.6 7.1 7.6 8.1 8.6 20052006200720081Q09 30.1 28.7 25.4 21.0 20.5 6.3 6.0 5.5 5.9 5.1 7.2 6.7 8.1 8.4 6.9 20052006200720081Q09

25. 25 Productivity Administrative Expenses¹Operating Income¹ Cost/Income Ratio without one-off Itens - % (1) without one-off itens R$ billion 13.1 27.3 13.7 28.9 3.7 8.2 4.1 9.5 20052006 14.3 30.9 2007 15.4 34.0 2008 1Q081Q09 43.3 44.7 45.3 46.2 47.5 48.1

26. 26 Productivity Administrative Expenses¹Fee Income¹ Coverage Ratio without one-off Itens - % (1) without one-off itens R$ billion 102.3 112.9 127.7 124.5 150.8 131.9 7.5 7.6 2005 7.9 8.9 2006 9.9 7.8 2007 8.5 10.5 2008 1.9 2.9 1Q08 2.2 2.9 1Q09

27. 27 Credit and Debit Cards Debit Cards Issued - million Revenues – R$ billion Credit Cards Issued - million CAGR (%): 15.4 36.7 9.0 40.0 41.7 47.2 52.7 9.3 14.1 21.3 25.7 2005200620072008 48.2 52.9 22.4 25.7 1Q081Q09 49.3 55.8 68.5 78.4 70.6 78.6 18.0 14.5 66.2 50.5 30.3 38.6

28. 28 Structure IndividualsBusinesses Checking Accounts - million Employees - thousand 83.82005 82.72006 81.92007 89.0 2008 89.5 1Q09 2005 24.4 20,823,023.01.5 200625.723,024,224.21.6 200727.425,025,725.71.7 200830.426,728,5 28.51.9 1Q0930.628,532,2 28.71.9 CAGR (%): 7.2 7.1 7.2

29. 29 Structure OthersBranches Points of Service - thousand Transaction in Automated Channels - % 200514.810.93.9 200615.111.14.0200715.311.34.0200816.011.64.31Q0916.2 11.94.4 89.2 2005 90.0 2006 91.3 2007 91.1 2008 91.31Q09

30. 30 Retail 995 Wholesale 7 Government 9 High Income 10 Retail 1.483 Wholesale 46 Government 5 High Income 47 Retail 1.057 Wholesale 22 Government 3 High Income 9 Retail 391 Wholesale 5 Government 5 High Income 10 Retail 239 Wholesale 2 Government 7 High Income 2 5.7% 9.4% 23.9% 35.6% 25.4% Structure Distribution Network by Customer Northeast North Midwest South Southeast

31. 31 ATM Internet Individuals Cash POS Others Internet BusinessesStructure Transactions per Channels - % Internet Banking – million of customers 2003 7.9 20068.22007 8.5 20088.61Q09 8.7 40.7 16.3 18.4 8.7 9.5 6.3 40.5 16.0 19.3 9.5 9.2 5.6 1Q09 1Q08

32. 32 Client Profile Retail Wholesale Government Institutional Investors Foreign Investors Investment Profile Fixed Income 51.6% Multi-strategy 17.4% Equities 17.4% Others 13.6% R$ billion Asset Management 153.5 2005 182.7 2006 220.1 2007 246.3 2008 259.3 1Q09 CAGR: 17.5% 23.1% 9.3% 21.9% 40.6% 5.0%

33. 33 Insurance - Added Value R$ million 2005 889 2007 1,209 2008 1,511 1Q08 302 371 1Q09 1,130 2006 CAGR: 17.7%

34. 34 Investor Relations Unit SBS - Quadra 1 - Bloco C - Ed. Sede III - 5° floor 70073-901 - Brasília (DF) Phone: 55 (61) 3310-3980 Fax: 55 (61) 3310-3735 bb.com.br ri@bb.com.br Disclaimer Disclaimer - This presentation contains references and statements. planned synergies. increasing 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. it also involves imprecision and high difficult risks to be foreseen. consequently. it may conduct to a different result than the one anticipated here. These expectations are highly depended on market conditions. on the Brazilian economic performance. on the sector and the international market. Banco do Brasil is not responsible for bringing up to date any estimate in this presentation. For further information access www.bb.com.br/ri