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1Q08 Results Presentation

May 06, 2008

Speakers :

Anis Chacur Neto Deputy CEOSérgio Lulia Jacob Executive VP & IR OfficerAlexandre Sinzato IR Manager

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1Q08 Highlights

The loan portfolio, including guarantees, reached R$5,779.3 million, expanding by

15.8% in relation to 4Q07 and by 80.9% in relation to 1Q07

The quality of the loan portfolio remained high, with 99.4% of loan operations rated

between AA and C (Central Bank of Brazil - Resolution 2682), versus 98.4% in 1Q07and 99.5% in 4Q07 .

Net income increased by 106.4% to R$38.0 million in 1Q08, from R$18.4 million in1Q07. Net income was 25.0% lower in relation to 4Q07, impacted by the tax benefit fromthe distribution of Interest on Equity for fiscal year 2007. Excluding non recurring

revenues (expenses) net profit increased 71.9% when compared to 1Q07 and decreased12.3% when compared to 4Q07.

Moody´s Investors Service assigned Banco ABC BRASIL as Investment Grade. Moody'sassigned ratings for both long- and short-term local-currency deposits of Aaa.br/Br-1 onthe Brazilian national scale and of Baa2/P-2 on the global scale (stable outlook).

Inauguration of new platforms: Middle Market : Rio de Janeiro and Santa Catarina

Wholesale & Large Middle: Minas Gerais

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Ownership Structure

R$ 1.3 billion

MARKET CAP*

*Note: Market Cap based on price of R$9.60 per share on 3/31/2008

ABC (Marsau Uruguay)

56%

Local Management

9.40%

Free Float33.20%

Associates1.40%

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1Q07 4Q07 1Q08

88.4%

86.3%

85.9%

10.7%

11.8%

11.4%

0.9%

1.9%

2.6%

Wholesale+L.Middle Middle Consumer

3,194

4,992

5,779CAGR = 81.0%

R$ Million

Credit Portfolio (including guarantees)

R$ Million

Loans per Ticket

(R$)1Q08 part. (%) 4Q07 part. (%)

0 - 500 k 202.4 4.7 125.6 3.2 500 k - 2 mi 200.4 4.6 192.8 5.0 2 mi - 5 mi 416.4 9.6 448.8 11.5

5 mi - 10 mi 829.9 19.1 772.0 19.9 > 10 mi 2,702.6 62.0 2,348.0 60.4

Total 4,351.6 100.0 3,887.2 100.0

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High-Quality Credit Portfolio

D-H 0.6%

AA-C 99.4%

Average Annual Losses/Portfolio in the past 10 years: 0.25%

Segment1Q08 Loan

Porfolio (*)

1Q08 Write

Off

%

Portfolio

1Q08

PLL

%

Portfolio

Past Due

(> 60days)

%

Portfolio

Wholesale+L.Middle 3,556.2 2.9 0.1 25.2 0.7 1.6 0.0

Middle 644.1 1.8 0.3 15.4 2.4 7.9 1.2

Consumer 151.3 0.2 0.1 2.4 1.6 0.5 0.3

Total 4,351.6 4.9 0.11 43.0 0.99 10.0 0.23

*Excluding guarantees

Rating (*) 1Q08 % Portfolio

AA 866.7 19.9A 1,814.1 41.8B 1,356.2 31.2C 288.8 6.6D 10.8 0.2E 2.3 0.1

F 4.5 0.1G 1.7 0.0H 6.5 0.1

Total 4,351.6 100.0

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Business Segments

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1Q07 4Q07 1Q08

CAGR = 75.9%

R$ Million

1Q07 4Q07 1Q08

Duration

(ex-BNDES)341 352 340

Average Ticket R$ 7.3 MM R$ 9.2 MM R$ 10.5 MM

Clients 387 466 475

Wholesale and Large Middle

2,824.1

4,308.7

4,967.1

SP;

39.3%

SPCountryside /

Midwest;37.6%

South;

11.9%

RJ / Northeast; 11.2%

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1Q07 4Q07 1Q08

Middle Market

CAGR = 93.2%

SP; 82.4%

SP –

Countryside;

10.1%

BH; 7.5%

R$ Million

342.1

587.2660.9

1Q07 4Q07 1Q08Duration

(ex-BNDES)118 181 185

Average Ticket R$ 1.4 MM R$ 1.9 MM R$ 2.1 MM

Clients 241 311 317

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Payroll Deductible

CAGR = 446.2%

R$ Million

27.7

96.3

151.3

INSS

39.9%

Other60.1%

INSS

26.7%

Other73.3%

4Q07

1Q08

4Q07 1Q08

Duration 642 731

Average Ticket R$ 3,081 R$ 3,811

Agreements 29 34

Monthly Average

Origination12 MM 21 MM

1Q07 4Q07 1Q08

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Capital Market 1Q08 1Q07 Chg.(%) 4Qq07 Chg.(%)

Underwriting Fees and Structured Oper. - 3.9 - 4.6 -

Number of trades - 4.0 - 6.0 -

Other Activities

CAPITAL MARKET

TREASURY

Treasury 1Q08 1Q07 Chg.(%) 4Q07 Chg.(%)

Income(R$ MM) 15.0 14.9 0.7 14.4 4.3

Average consolidated VaR (R$ MM) 2.7 2.9 (6.9) 2.7 -

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Local Global

Aaa.Br Baa2

AA- BB+

ABC Brasil strength attested by its solid credit rating history

RATINGS

* Local-Currency Deposits

(*)

Funding

Financial Institutions

41.5%

Private

3.2%

Corporate

25.8%

Institutional

18.8%

BNDES

10.7%

INTERNATIONAL LOCAL

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38.0

65.0

-24.9

-14.5

-17.2

15.0

89.1

5.5

-11.7

9.1

1Q08 Net Income Breakdown

Other Operational Expenses

Income Tax and Social

Distribution Profit Sharing

Net Income

Loan Operations*

Treasury

Services Interest on Stockholder’s

Capital

Results 1Q08 1Q07 Chg.(%) 4Q07 Chg.(%)

Credit * 72.9 38.7 88.4 71.3 2.2

PDD (7.9) (4.1) 92.7 (3.5) 125.7

Services 9.1 9.0 1.0 12.4 (26.6)

Treasury 15.0 14.9 0.7 14.4 4.3

Operational Revenues 89.1 58.5 52.3 94.6 -5.8

Other Income/Expenses (24.9) (26.1) (4.6) (33.4) (25.5)

Profit Sharing (14.5) (1.4) 938.6 (11.2) 29.2

Taxes (11.7) (12.6) (7.5) 0.7 (1,701.1)

Net Income 38.0 18.4 106.4 50.7 -25

*Including the Oportunity Cost in 1Q07: R$13.0mm, in 4Q07: R$28.4mm and in 1Q08: R$27.9 mm.

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CAGR = 106.4%

Profitability

NET PROFIT (R$ MM) ROAE (% aa)

18.4

50.7

38.0

16.5%18.6%

13.9%

1Q07 4Q07 1Q08 1Q07 4Q07 1Q08

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459

1.086 1.107

1Q07 4Q07 1Q08

Other Indicators

EFFICIENCY RATIO (%)(quarter)

NIM (quarter)

STOCKHOLDERS’ EQUITY (R$ MM) AND BASEL INDEX (%)

13.2%

23.1%

20.7%

40.5%38.2% 38.1%

7.1% 7.0%

6.5%

1Q07 4Q07 1Q08

1Q07 4Q07 1Q08

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2008 Guidance

Credit Portfolio % Growth

(including guarantees issued)

LARGE MIDDLE & WHOLESALE 40% - 50%

MIDDLE MARKET 110% - 130%

PAYROLL DEDUCTIBLE 250% - 280%

TOTAL CREDIT PORTFOLIO 50% - 60%

PERSONNEL AND ADMINISTRATIVE EXPENSES 12% - 18% (excluding Profit Sharing and Payroll Deductible

comissions)

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The following material, on this date, is a presentation containing general information aboutthe Banco ABC Brasil S.A. We offer no guarantee and make no declaration, implicitly orexplicitly, as to the accuracy, completeness or scope of this information.

This presentation may include forward-looking statements of future events or resultsaccording to the regulations of the Brazilian and International securities and exchangecommissions. These statements are based on certain assumptions and analyses by theCompany that reflect its experience, the economic environment, future market conditions andexpected events by the company, many of which are beyond the control of the Company.Important factors that may lead to significant differences between the actual results and thestatements of expectations about future events or results include the company’s businessstrategy, Brazilian and International economic conditions, technology, financial strategy,financial market conditions, uncertainty regarding the results of its future operations, plans,objectives, expectations and intentions, among others. Considering these factors, the actualresults of the company may be significantly different from those shown or implicit in thestatement of expectations about future events or results.

The information and opinions contained in this presentation should not be understood as arecommendation to potential investors and no investment decision is to be based on theveracity, current events or completeness of this information or these opinions. No advisors tothe company or parties related to them or their representatives should have any responsibilityfor any losses that may result from the use or contents of this presentation.

Disclaimer

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Contacts

Investor Relations

Sergio Lulia Jacob – Executive VP & IR Officer

Alexandre Sinzato – IR Manager

Eduardo Randich – IR Analyst

Web Site: www.abcbrasil.com.br/ri

Email: ri@abcbrasil.com.br

Phone: +55 (11) 3170 2186