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Conference Call of the Results of the 3rd Quarter/2007 November 07 , 2007

Conference Call of the Results of the 3rd Quarter/2007 November 07 , 2007. Highlights. Results:

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Conference Call of the Results of the 3rd Quarter/2007 November 07 , 2007

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  1. Conference Call of the Results of the 3rd Quarter/2007 November 07, 2007

  2. Highlights • Results: • 3rd Qtr/07: Net Income of R$ 2,428 million an increase of 14.8% compared to 2nd Qtr./07; annualized ROE of 35.6% (Net Income of R$ 6,444 million for the nine months ended in Sep 30, 2007; annualized ROE of 33.3%); • 3rd Qtr/07: Recurring Net Income of R$ 1,569 million, an 18.2% decrease; annualized ROE of 23.0% (Recurring Net Income of R$ 5,389 million for the nine months ended in Sep 30, 2007; annualized ROE of 27.9%). • 2.The loan portfolio grew 8.8% in the quarter and 26.9% in the last 12 months: • Credit Cards: 6.8% in the 3rd Qtr/07 and 18.7% in the last 12 months; • Vehicles: 14.7% in the 3rd Qtr/07 and 62.1% in the last 12 months; • Small and Mid-Sized Companies: 9.8% in the 3rd Qtr/07 and 26.4% in the last 12 months. • 3.Managerial Financial Margin: • The treasury performance under the highly volatility scenario prevalent in the period resulted in a loss of R$ 64 million (R$ 40 million, after taxes) in the quarter. • 4.Non-Recurring Events: • The sell of part of our shareholding in Redecard resulted in a positive impact of R$ 1.0 billion, after taxes, in the 3rd Qtr/07. 5.Nonperforming Loans Ratio:Nonperforming loans ratio of 4.7%, representing a reduction compared to the prior quarter. 6.BIS Ratio:BIS ratio of 15.3%. Considering BACEN Circular Letter 3,367, which will be effective as from 4th Quarter of 2007, the BIS ratio in September 30, 2007 would be 18.5%.

  3. Current Account Opening Units

  4. Non Recurring Effects 1 R$ Million 1 For further details, please consult Itaú Holding’s Management Discussion and Analysis report – page 4.

  5. Highlights R$ Million (*) If Treasury had performed in this quarter like the average of the last quarters - R$ 200 million – the efficiency ratio would be 45.2%.

  6. Itaú Holding Pro Forma R$ Million • It does not include the result of R$ 88 million which would be recognized if the liabilities were marked-to-market. • Credit transactions increased 8.8% in the quarter. • Include the effects of R$ 51 million of Collective Labor Agreement.

  7. Net Interest Margin (NIM) x SELIC

  8. Loans by Type of Customer R$ Million 1 Rural and Mortgage Loans – linked with the balances of Demand and Savings Deposits, respectively.

  9. Loans by Type of Customer R$ Million CAGR = 28.5% CAGR = 17.5% CAGR = 43.2%

  10. 8.3% 8.1% 7.8% 7.5% 7.3% 5.3% 5.2% 5.0% 5.1% 4.7% 2.2% 2.3% 2.1% 2.1% 1.7% Sep/06 Dec/06 Mar/07 Jun/07 Sep/07 Nonperforming Loans and Coverage Ratios Nonperforming Loans Ratio Coverage Ratio (*) NPL Ratio NPL Ratio- Individuals NPL Ratio- Companies (*) Provision for loan losses / Credits overdue for more than 60 days, which are not accrued.

  11. Nonperforming Loans (NPL) by Segment R$ Million

  12. Funding R$ Million 1 Includes Repurchase Agreement – Own Issue Securities. 2 On Jun 30, 07, includes the acquisition of two companies from Bank of America: BankBoston International (Miami) and Bank of America Trust Company Ltd (Bahamas).

  13. Total Funding R$ Million CAGR = 28.1% CAGR = 25.1% CAGR = 28.4%

  14. Banking Service Fees R$ Million 1 Funds and Consortia Management Fees 2We adjusted Redecard Banking Service Fees to reflect the participation change from 31.9% to 23.2% that occurred in July, 2007. Thus, the amount of R$ 35 million corresponds to the reduction of 870 b.p. in the 2nd Q./07. 3 Serasa results started to be recognized under the equity method of accounting.

  15. Non Interest Expenses 1 R$ Million 1Includes the effect of R$ 51 million due to Collective Labor Agreement 2It does not include PIS, Cofins and ISS

  16. Financial Instruments – Market Value 1 It does not consider corresponding tax effects.

  17. Itaú Itaú BBA Corporate Operations & Investment Banking Segmentation (Pro forma) Itaubanco Itaucred Corporation Banking Vehicles Credit Cards – Account Holders Credit Card – Non Account Holders Insurance, Capitalization and Pension Plans Taií: FIT, FIC (CBD), FAI (LASA) and Payroll Credit Investment Funds and Managed Portfolio NB: The organization chart of Itaucred segment reflects, chiefly, the transactions carried out through channels intended for non current account holders.

  18. Highlights of Pro Forma Segments R$ Million 1 It does not represent the sum of the parts, because there are transactions between the segments eliminated in the consolidated figures only.

  19. Net Income R$ Million Net Income Recurring Net Income

  20. APIMEC Meetings 2007 APIMEC Meetings 2007 Itaúsa and Banco Itaú Holding Financeira Date: December 5th, 2007 – Wednesday Where: Buffet Rosa Rosarum - São Paulo RSVP: 0800 722 8880 • From 11:00 am to 1:30 pm – Presentations of Itaúsa and Subsidiaries Investor Relations Officers; • From 3:00 pm to 6:00 pm – Presentation of Banco Itaú Holding Financeira CEO and Executives Directors. More information on: www.itausa.com.br and www.itauir.com

  21. Conference Call of the Results of the 3rd Quarter/2007 November 07, 2007

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