institutional presentation june, 2007

Investor Relations | page 1 Investor Relations | 1

Institutional Presentation June, 2007

Unibanco and Unibanco Holdings, S.A.

Investor Relations


Overview of Unibanco

Investor Relations


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


• 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 UnibancoAs 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 4th in the ranking of private pension plans published by Susep, with a 8,2% market share as of June, 2007

Insurance & Annuity – Unibanco AIG


Organizational Structure

Prominent Board Members Independent Audit Committee


Over 80 years of history to become one of the leading full service banks in Brazil

Timeline


Segmentation and Distribution

Client Focus Nationwide Distribution(As of June 2007)

More than 18 thousand points of sale

Branches

NorthNortheast

Southeast

South

Mid-West

1169

701

122

44

Brazil 947

Corp. Site Branches

258

1,402980

5,9952,959

Points of Sale

11,594

11

6636

325136

Stores

574

Mid-West 45

Southeast 458South 233

Stores

Brazil 736

Consumer Finance Companies

NorthNortheast

Southeast

South

Mid-West

Brazil

NorthNortheast

Southeast

South

Mid-West

Brazil

NorthNortheast

Southeast

South

Mid-West

Brazil

NorthNortheast

Southeast

South

Mid-West

BrazilSmall Business

Large Companies

Upper Middle Market

Private Bank

UniClass Segment

Exclusive Segment

Corporate Individuals

Lower Middle Market

Wholesale Retail Private Banking

734

28196

37

302

51296

1812.851

596

3.975


Client Base In Millions of Clients

Consumer Finance

Universal Bank

Joint-Ventures

with Retailers


Retail Business Model

100% Unibanco Joint-Ventures Alliances


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

1,4561,5451,586 8.92.7

7,8869,0119,729 23.48.0

17,99519,67121,032 16.96.9

3,9805,0095,759

Payroll32.112.41,0601,2461,400Own portfolio

360.788.14961,2152,285Acquired portfolio

Branch network 10.9 16.54,7204,9595,499

49.7 136.81,5562,4613,685


Jun-06 Jun-07

Credit Cards

R$ MillionR$ Million

Billings (Unicard + Hipercard)Loan Portfolio (Unicard + Hipercard)

Number of cards (In Million)

2Q06 2Q07

+31.5%

4,117

5,412

+35.3%

4,402

5,958

Jun-04 Jun-05 Jun-06 Jun-07

Total Cards

Credit Cards (A+B)

Private Label Cards

Hipercard (B)

Visa + Mastercard (A)

12.0

8.7 15.6

18.0

12.9

23.1

5.1

9.09.3

7.53.3

8.4

2.5

5.3

7.8

8.5

27.021.316.2 31.6


Jun-06 Jun-07

2Q06 = 1002Q07

MarketMarket

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


Financial Performance

Investor Relations


2Q07

841

1H07

1,422

638 1,219

203 203

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


Net Income

Results from non recurring events

Income Statement SummaryR$ 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

2Q061Q072Q07 1H061H07

1,8842,076

869910

(1,384)(1,417)

9381,045

581 841

1,724

876

(1,347)

875

548

(524)(545) (668)

2,4082,621 2,392

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 - 203 -

581 638 548 1,219 1,068

Tax Rate 21%24% 25% 21% 25%


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


Annualized ROAE Stockholders’ Equity (R$ Bln)

Net Income(1)

Operating Income(1)

PerformanceR$ Million

2Q07/2Q062Q07 1H07 1H07/1H06

+ 19.4%1,045 1,983 + 15.6%

+ 16.4%638 1,219 + 14.1%

23.0%

8.7

2Q05

26.7%(1)

10.8

2Q07

24.7%

9.8

2Q06 1Q07

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


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

OperationalEfficiency

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 7th, 2007


2Q072Q06

2Q06 = 100

Performance – 2Q07 versus 2Q06

100

LoanPortfolio

100

AdministrativeExpenses

100

OperatingIncome(1)

100

Net Income(1)

100

Provision for Loan Losses

100

Core Deposits

123

105

119116

82


129


2Q071Q07

Performance – 2Q07 versus 1Q07

100

LoanPortfolio

100


100 100

100

Provision for Loan Losses

100

Core Deposits

1Q07 = 100

110

102111 110

104105


OperatingIncome(1)

Net Income(1)


Financial Indicators

Net Profit from Financial Intermediation(R$ Million)

Total Assets (R$ Billion) Loan Portfolio (R$ Billion)

Earnings per Share (R$)

1,9021,724

0.210.20 0.20

1,9571,884 0.21

Dec-06

2Q06 3Q06 4Q06 1Q07

Mar-07 Jun-06 Dec-06 Mar-07Sep-06 Sep-06Jun-06

2Q06 3Q06 4Q06 1Q07

Jun-07 Jun-07

2Q07 2Q07(1)

2,0760.23


104

98

45

10242

43

11547

130 52


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-07 Jun-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


Credit: UBB x Brazilian Financial System

100

111115

121

108112

123

Mar-07 Jun-07Jun-06 Dec-06

Brazilian Financial System

Credit Evolution

Jun-06 = 100


Financial Margin After Provision Financial Margin

Provision for Loan Losses / Financial Margin

-830 b.p.

15.25%

12.00%

Selic Rate

Financial Margin

21.8%

27.9%

2Q073Q06 4Q062Q06

21.4%

1Q07

29.1%

4Q05

23.3%

20.8%

2Q06 2Q07

9.0%

10.7%

7.6%

7.1%

1Q07

7.2%

9.3%


5.2%6.2%6.9%

Jun-06 Mar-07 Jun-07

Asset Quality

D to H Portfolio / Loan Portfolio

Coverage E to H Portfolio

Coverage D to H Portfolio

92%81%


100%

116%109%


123%


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


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


R$ Million


Personnel Expenses

Personnel and Administrative Expenses

Companies under Unibanco´s direct management

2Q06 2Q071Q07

1.7%

2.2%

1H06 1H072H06

-4.6%

2.0%

771

523

1,294

781

541

1,322

778

522

1,300

1,526

1,045

2,571

1,559

1,063

2,622

1,687

1,061

2,748


Fees from Services Rendered

R$ Million

Total fees from services rendered

Banking fees, other fees and commissions

Credit Cards(1)

Assets under management

1Q072Q07 2Q06

529

89

910

516

80

869

Redecard

141 121

57 62

Subtotal 853 807

Other fees 94 90

(1) Hipercard + Unicard

492

90

876

107

90

786

97

1H07 1H06

1,045

169

1,779

262

119

1,660

184

952

187

1,715

209

178

1,537

189


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%


Capital Adequacy Ratio

(1) Estimate for July, 2007

BIS Ratio

Dec-06 Jun-07Jun-06 Mar-07 Jul-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)


1,084

650

118

(68)

35

88

929

487

107

(63)

29

97

2Q07 1Q07 2Q06

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

1H07 1H06

1,778

961

186

(121)

59

189

2,226

1,275

224

(131)

70

158

168128

51.4%46.1%

93.9%94.5%

9,218 7,593

Net premiums written

Premiums earned

Industrial result

Personnel and administrative expenses

Operating income

Net Income

Financial & equity result

Technical Reserves

Loss Ratio

Combined Ratio


Corporate Governance

Investor Relations


Sarbanes-Oxley Law

On June 15th, 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


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-06 Sep-06 Dec-06 Mar-07 Jun-07

Jul-06 Sep-06 Dec-06 Mar-07 Jun-07

(1) As of August 7th, 2007

Weight (%)

Ibovespa 1.946 IBrX-50 3.464 IBrX-100 3.012 IGC Corporate Governance Index 3.286 ISE Susteinability Index* 5.884

(*) Valid from December 2006 to November 2007.

Index May to Aug-07


171

44

1Q07

215254

85

2Q07

339

25

28

2003

3 64

19

2005

83

14

2

16

20011997

12

1

13

11

1

12

1999

48%

96%

58%

Units (UBBR11)

GDSs (UBB)

R$ MillionAverage Daily Trading Volume(Bovespa and NYSE)

Units and GDSs

144

31

2006

175


Broker dealer

Use Unibanco’s resources available from the “Revenue Reserve” account

6 months, from August 10th, 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


Shareholders’ Structure

Investor Relations


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%

58%

38%

4%

100%

PNUnibanco Holdings

PN Unibanco

+ UNITs76.7%

Shareholders’ Structure

% of Unibanco shares

% of Unibanco shares

Thousands of Shares

1 GDS=10 Units


Ratings

Investor Relations


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 TermDebt

Long Term Deposits

Short Term Deposits

Financial Strength

Unibanco Baa3(1) NP B-Ba3

Brazil Ba2 Ba3 NP -

Global Scale: Foreign Currency Global Scale: Local Currency

Long Term Deposits

Short Term Deposits

Unibanco P-1A1

Brazil A1 P-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.


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 Relationsphone: 5511-3584-1980

fax: 5511-3584-1585email: [email protected]

site: www.ir.unibanco.com

institutional presentation june, 2007

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