1. 1 Banco do Brasil 2006 Results Banco do Brasil 2006 Results

2. 2 (1) Credit Operations characteristics only (2) Past Due Loans + 60 days R$ million HighlightsHighlights

3. 3 Banco do Brasil Shares 580 2002 746 2003 954 2004 1,498 2005 2,418 2006 (1) Average Daily Trading Volume Dividends / Interest on Own Capital – R$ million

4. 4 Net Interest Margin (1) Net Interest Margin over Earning Assets NIM Annualized¹ - % Selic Rate Annualized - % 6.36.15.75.2 6.4 8.9 8.4 8.9 8.5 8.0 32.231.7 33.0 31.4 31.8 AgribusinessBusinessesIndividuals Spread by Loan Portfolio - % 4Q05 1Q06 2Q06 3Q06 4Q06 9.2 8.5 8.1 7.9 8.4 18.8 17.2 15.7 14.6 13.6 4Q051Q062Q063Q064Q06

5. 5 Dec/05 - % R$ million Loan Portfolio Dec/06 - % 18.1 15.2 22.7 35.1 9.0 18.0 13.8 25.2 33.8 9.1 IndividualsSME’sBusinessesAgribusinessAbroad Sep/06 - % 19.6 14.2 23.3 34.1 8.8

6. 6 AA-C - % 91.0 90.6 87.6 89.5 88.4 89.5 89.6 89.9 90.7 11.6 10.5 12.4 9.4 9.0 9.3 10.1 10.4 10.5 4Q051Q062Q063Q064Q06 D-H - % BBBanking Industry Credit Risk

7. 7 90.7 9.3 4Q05 87.5 12.5 1Q06 84.8 15.2 2Q06 81.5 18.5 3Q06 88.2 11.8 4Q06 Agribusiness - % Allowance for loan losses / Loan Portfolio Past Due Loans + 15 days / Loan Portfolio Agribusiness: 220.8% delinquency covered by provision 7.7 8.2 8.9 6.1 5.1 5.6 5.5 2.8 5.4 AA-CD-H 88.4 11.6 4Q05 88.8 11.2 1Q06 88.9 11.1 2Q06 89.6 10.4 3Q06 90.7 9.3 4Q06 Retail - % Credit Risk

8. 8 211.1 213.9 214.0 177.3 172.7 166.9 174.1 170.9 173.9 171.3 4Q051Q062Q063Q064Q06 BB Banking Industry 5.8 6.3 6.6 6.8 6.9 6.6 5.4 6.7 6.2 6.6 Banking Industry BB Average Risk - % Required Provision over Past Due Loans + 90 days - % Credit Risk

9. 9 Delinquency and Provision for Credit Risk (1) Average Portfolio and Expenses of the last 12 months Quarterly Provision Expenses - R$ million Provision Expenses / Loan Portfolio¹ - % 1,498 1,345 1,757 1,385 1,257 4.7 4.9 5.55.6 5.0 4Q051Q062Q063Q064Q06 6.6 7.3 7.4 6.5 4.0 4.3 3.6 3.8 2.9 4Q051Q062Q063Q064Q06 Allowance for loan losses / Loan Portfolio - % Past Due Loans + 15 days / Loan Portfolio - % Past Due Loans + 60 days / Loan Portfolio - % 5.6 6.0 5.0 5.2 4.1

10. 10 Allowances Breakdown R$ million 6,982 7,662 8,209 7,238 5,901 749 752 548 1,397 790 7,731 8,414 8,757 8,635 6,692 Dec/05Mar/06Jun/06Sep/06Dec/06 Required ProvisionAdditional ProvisionTotal Provision

11. 11 FundingFunding R$ million (1) Includes special deposits relating to funds and programs Dec/05Mar/06Jun/06Sep/06Dec/06 0.74 0.76 0.81 0.82 0.84 Loans to Deposit Ratio - Times

12. 12 Fee Income R$ million 20052006 Products Customers Others Δ=15.1% Δ=16.1% Δ=16.9% 1,841 2,426 3,381 2,120 2,817 3,950 44.4% 31.7% 23.9% 44.2% 31.7% 24.1%

13. 13 R$ million InsuranceInsurance Combined Ratio - % 91.1 87.7 89.4 92.3 89.1 4Q051Q062Q063Q064Q06

14. 14 R$ million Credit Cards (1) Includes Credit and Debit Cards 9.1 8.9 9.4 11.3 9.2 4Q051Q062Q063Q064Q06 9.3 9.9 11.4 14.1 9.5 Credit Cards – millionRevenues¹ - R$ billion

15. 15 Administrative Expenses R$ million (1) Telecommunication and Data Processing (2) Amortization, Depreciation, Expenses with Premises and Equipment (3) Security, Guard and Transport Service and Other Outsourcing (4) legal and Labor Claims

16. 16 48.1 45.5 46.5 47.5 4Q051Q062Q063Q064Q06 Coverage¹ Ratio - % (1) Fee Income / Personnel Expenses - YTD (2) Administrative Expenses / Operating Income - YTD Efficiency² Ratio - % Productivity Ratios 4Q051Q062Q063Q064Q06 102.3 112.1 112.2113.4112.9

17. 17 Agribusiness – Rolling-over (1) Capital + Interest 20% - expected return for 2007 Rolling-over - % 70.3 29.7 Working CapitalInvestment R$ million

18. 18 5.1% 7.1% 10.3% 39.4% 38.1% 21.7% Third Party Risk Proagro¹Agricultural InsuranceAgreementsDerivatives Agribusiness – Risk Mitigation Agribusiness Portfolio – R$ 45.1 billion (1) Official Insurance

19. 19 Retail - Strategy  Payroll and car loans focusing  Non-account holders customers approach  Partnerships with retailers  Mortgage business tackling  Customer relationship improvement, focusing on high income segment

20. 20 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 www.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