1. Investor Relations | page 1 Investor Relations | 1 Institutional Presentation June, 2007 Unibanco and Unibanco Holdings, S.A. Investor Relations

2. Investor Relations | page 2 Investor Relations | 2 Overview of Unibanco Investor Relations

3. Investor Relations | page 3 Investor Relations | 3 Highlights *In 2Q07 Controlled by the Moreira Salles group Publicly traded at Bovespa (Brazil) and NYSE Level I Corporate Governance on the Bovespa Level III ADR on the NYSE and a member of IBOVESPA Very liquid stock: R$85 mln ADTV* at Bovespa US$127 mln ADTV* at NYSE Financial statements in US GAAP since 1997

4. Investor Relations | page 4 Investor Relations | 4 Offers investment products via Unibanco Asset Management to individuals and institutional investors and covers high net worth individuals, in the private banking segment Total assets under management: R$47.5 billion 4.3% market share as of June, 2007 (Anbid) A Snapshot of Unibanco As of June 2007 Balanced business mix Aggressive expansion in the retail segment Benchmark in consumer finance and wholesale business Serves individuals and SMEs with annual revenues lower than R$150 million Almost 25 million clients Leading Consumer Finance franchise Improvement of the credit card portfolio, which posted a 32% growth over the past 12 months Payroll linked loans portfolio presented a growth of 137% when compared to June 2006 Retail and Consumer Credit Wholesale Full coverage of more than 2,000 corporations with annual revenues greater than R$150 million, in addition to institutional investors in Brazil and internationally Investment Banking: M&A, Capital Markets & Project Finance The Wholesale loan portfolio reached R$21,032, up 16.9% over the past 12 months Wealth Management CROSS SELLING Joint venture with AIG Individuals and corporate: life, auto, assets, disability, pension funds and annuities Unibanco AIG operational results: 21% up from 2Q06 Unibanco Insurance and Pension Plans placed 4 th in the ranking of private pension plans published by Susep, with a 8,2% market share as of June, 2007 Insurance & Annuity – Unibanco AIG

5. Investor Relations | page 5 Investor Relations | 5 Organizational Structure  Prominent Board Members  Independent Audit Committee

6. Investor Relations | page 6 Investor Relations | 6 Over 80 years of history to become one of the leading full service banks in Brazil Timeline

7. Investor Relations | page 7 Investor Relations | 7 Segmentation and Distribution Client Focus Nationwide Distribution (As of June 2007) More than 18 thousand points of sale Branches North Northeast Southeast South Mid-West 11 69 701 122 44 Brazil947 Corp. Site Branches 258 1,402 980 5,995 2,959 Points of Sale 11,594 11 66 36 325 136 Stores 574 Mid-West45 Southeast458 South233 Stores Brazil736 Consumer Finance Companies North Northeast Southeast South Mid-West Brazil North Northeast Southeast South Mid-West Brazil North Northeast Southeast South Mid-West Brazil North Northeast Southeast South Mid-West Brazil Small Business Large Companies Upper Middle Market Private Bank UniClass Segment Exclusive Segment Corporate Individuals Lower Middle Market WholesaleRetailPrivate Banking 7 34 28 196 37 302 51 296 181 2.851 596 3.975

8. Investor Relations | page 8 Investor Relations | 8 Client Base In Millions of Clients Consumer Finance Universal Bank Joint- Ventures with Retailers

9. Investor Relations | page 9 Investor Relations | 9 Retail Business Model 100% UnibancoJoint-VenturesAlliances

10. Investor Relations | page 10 Investor Relations | 10 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

11. Investor Relations | page 11 Investor Relations | 11 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

12. Investor Relations | page 12 Investor Relations | 12 Jun-06Jun-07 2Q06 = 100 2Q07 Market Cars + Trucks & Buses Loans Focus: New Cars (Financed Units) Focus: New Trucks & Buses (Financed Units) R$ Millions 2Q06 = 100 3,980 5,759 +44.7% 220 142 161 145 Auto Loans 2Q07

13. Investor Relations | page 13 Investor Relations | 13 Financial Performance Investor Relations

14. Investor Relations | page 14 Investor Relations | 14 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

15. Investor Relations | page 15 Investor Relations | 15 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%

16. Investor Relations | page 16 Investor Relations | 16 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

17. Investor Relations | page 17 Investor Relations | 17 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

18. Investor Relations | page 18 Investor Relations | 18 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

19. Investor Relations | page 19 Investor Relations | 19 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

20. Investor Relations | page 20 Investor Relations | 20 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)

21. Investor Relations | page 21 Investor Relations | 21 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

22. Investor Relations | page 22 Investor Relations | 22 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

23. Investor Relations | page 23 Investor Relations | 23 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

24. Investor Relations | page 24 Investor Relations | 24 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%

25. Investor Relations | page 25 Investor Relations | 25 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%

26. Investor Relations | page 26 Investor Relations | 26 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

27. Investor Relations | page 27 Investor Relations | 27 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

28. Investor Relations | page 28 Investor Relations | 28 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

29. Investor Relations | page 29 Investor Relations | 29 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%

30. Investor Relations | page 30 Investor Relations | 30 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)

31. Investor Relations | page 31 Investor Relations | 31 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

32. Investor Relations | page 32 Investor Relations | 32 Corporate Governance Investor Relations

33. Investor Relations | page 33 Investor Relations | 33 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

34. Investor Relations | page 34 Investor Relations | 34  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

35. Investor Relations | page 35 Investor Relations | 35 171 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

36. Investor Relations | page 36 Investor Relations | 36 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

37. Investor Relations | page 37 Investor Relations | 37 Shareholders’ Structure Investor Relations

38. Investor Relations | page 38 Investor Relations | 38 Moreira Salles Group Float Units + GDS Others Total 525,398 1,075,775 28,338 1,629,511 Unibanco Holdings Float Units + GDS Others Total 1,629,511 1,075,775 98,137 2,803,803 19% 38% 1% 58% 38% 4% 100% PN Unibanco Holdings PN Unibanco + UNITs 76.7% Shareholders’ Structure % of Unibanco shares Thousands of Shares 1 GDS=10 Units

39. Investor Relations | page 39 Investor Relations | 39 Ratings Investor Relations

40. Investor Relations | page 40 Investor Relations | 40 Unibanco Ratings Fitch Ratings Unibanco BB+ Foreign Currency Brazil Long Term Short Term BBB- B F3 BB+ Local Currency Brazil Long Term Short Term - Unibanco BBB-F3 Standard and Poor’s Unibanco BB+ Foreign Currency Brazil Long Term Short Term BB+ B B BBB Local Currency Brazil Long Term Short Term A-3 Unibanco BB+B Moody’s Long Term Debt Long Term Deposits Short Term Deposits Financial Strength Unibanco Baa3 (1) NPB-Ba3 Brazil Ba2Ba3NP- Global Scale: Foreign Currency Global Scale: Local Currency Long Term Deposits Short Term Deposits Unibanco P-1A1 Brazil A1P-1 (1) The Baa3 rating was attributed to the MTN Programme (Medium Term Note Programme) of Unibanco and also to the notes indexed to the IGP-M (General Market Price Index) and payable in US dollars issued by Unibanco Grand Cayman Branch.

41. Investor Relations | page 41 Investor Relations | 41 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 site: www.ir.unibanco.com