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4Q08 Earnings Presentation

February 18, 2009

Participants:

Tito Enrique da Silva Neto - CEO

Anis Chacur Neto – Deputy CEO

Sergio Lulia Jacob - Executive VP & IR Officer

Alexandre Yoshiaki Sinzato – IR Manager

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4Q08 Highlights

The Recurring Net Income in 2008 totaled BRL 160.7 million, growing 36.0% in relation to the year of2007, when the net income reached BRL 118.2 million (excluding IPO expenses). In the 4Q08, the recurringnet income was BRL 30.9 million a decrease of 36.2% in relation to BRL 48.4 million of the 3Q08. Consideringthe additional provisions for loan losses in 4Q08, the net income totaled BRL 150.1 million and BRL 20.3million in 4Q08. The preventive increase of provisions for loan losses was caused by the new economicenvironment. Since 2008, Interest on Equity began to be paid on a quarterly basis, with the payment toshareholders in the 4Q08 of gross IOE of BRL 17.5 million.

The Efficiency Ratio in the 4Q08 was 34.8% against 35.8% in 3Q08. Banco ABC Brasil has one of the bestefficiency ratios presented by the bank market.

The Credit Portfolio, including guarantees issued, reached BRL 6,485.5 million, growing 29.9% in relationto 4Q07 and decreasing 5.7% in relation to 3Q08.

Even with the provisions mentioned the portfolio quality remained high, with 97.6% of credit operationsrated from AA to C (Central Bank Resolution 2,682), compared to 99.4% in 3Q08 and 99.6% in 4Q07.

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Ownership Structure

Ownership Structure Common Shares Preferred Shares Total %

Marsau Uruguay Holdings S.A. (ABC) 58,046,264 17,859,279 75,905,543 56.4%

Management 9,775,856 3,007,771 12,783,627 9.5%

Associates - 1,855,070 1,855,070 1.4%

Free Float - 43,943,800 43,943,800 32.7%

Total 67,822,120 66,665,920 134,488,040 100.0%

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Credit Portfolio

LOANSCREDIT PORFOLIO - including guarantees issued

CONSUMER MIDDLE MARKET WHOLESALE + L. MIDDLE

4Q07 3Q08 4Q08

CAGR = 21.1%

4,992.2

6,879.1 6,485.5

CAGR = 29.9%

3.2%

82.6%

14.2%3.2%

86.3%

11.8%1.9%

84.3%

12.5%

4Q07 3Q08 4Q08

3,887.2

5,329.24,708.1

81.1%

16.6%

2.3%

78.2%

17.7%4.1%

82.7%

14.8%2.5%

R$ mi

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Credit Portfolio Quality

*excluding guarantees issued

*excluding guarantees issued

D-H 2.4%

AA-C 97.6%

Dec. 2008Rating (R$ mi) * 4Q08 % Portfolio 3Q08 % Portfolio

AA 811.5 17.2 916.3 17.2

A 1,845.9 39.2 2,393.7 44.9

B 1,284.6 27.3 1,729.4 32.5

C 654.4 13.9 255.3 4.8

D 36.1 0.8 8.7 0.2

E 43.0 0.9 3.4 0.1

F 2.7 0.1 10.8 0.2

G 6.2 0.1 2.1 0.0

H 23.7 0.5 9.6 0.2

Total 4,708.1 100.0 5,329.3 100.0

SegmentsCredit Portfolio

(R$ mi)*

Write Off

(R$ mi)

Write Off /

Credit PortfolioPLL (R$ mi)

PLL / Credit

Portfolio

Past Due >

91days (R$ mi)

Past Due >

91days / Credit

Portfolio

Wholesale+L.Middle 3,816.9 - 0.0% 68.7 1.8% 14.6 0.4%

Middle 780.9 1.0 0.1% 31.5 4.0% 14.4 1.8%

Payroll 110.3 1.0 0.9% 5.0 4.5% 1.3 1.2%

Total - 4Q08 4,708.1 2.0 0.0% 105.2 2.2% 30.3 0.6%

Total - 3Q08 5,329.3 2.8 0.1% 56.1 1.1% 18.3 0.3%

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Credit Portfolio

WHOLESALE AND LARGE MIDDLE

*excluding BNDES operations

Wholesale + L. Middle 4Q07 3Q08 4Q08

Ticket 9.2 10.1 10.6

Duration * 352 317 306

Clients 466 529 514

CAGR = 26.8%

5,462.85,678.4

4,308.7

3,216.2

4,165.8

1,092.5

1,512.6

3,816.9

1,645.9

4Q07 3Q08 4Q08

Loans Guarantees issued

South11.0%

Rio de Janeiro10.8%

São Paulo -Countryside

26.6%São Paulo

48.9%

Minas Gerais + Northeast

2.7%

R$ mi

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Credit Portfolio

MIDDLE MARKET

* excluding BNDES operations

Loans Guarantees issued

Middle Market 4Q07 3Q08 4Q08

Ticket 1.9 2.4 2.0

Duration * 181 193 202

Clients 311 409 398

CAGR = 38.3%

587.2

979.9812.4

574.7

780.912.5 942.7

37.231.4

4Q07 3Q08 4Q08

São Paulo69.3%

São Paulo -Countryside

10.1%

Rio de Janeiro3.0%

South10.2%

Minas Gerais7.3%

R$ mi

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Other Activities

TREASURY AND CAPITAL MARKET

Capital Market (R$ mi) 4Q08 3Q08 Chg.(%) 4Q07 Chg.(%)

Underwriting Fees and Structured Oper. 0.8 2.3 (65.2) 4.6 (82.6)

Number of trades 3 5 (40.0) 7 (57.1)

Treasury (R$ mi) 4Q08 3Q08 Chg.(%) 4Q07 Chg.(%)

Income 2.8 4.5 (37.8) 11,2 (75.0)

Average consolidated VaR 6.3 4.3 46.5 2.7 133.3

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Funding

R$ mi

Corporate

Institutional

BNDES

International

Local

Retail

Interbank

3,841.3

5,459.35,690.9

Dec 2007 Sep 2008 Dec 2008

0.5%

2.5%2.4%

44.0%

11.3%

19.7%

22.1%

40.6%

7.4%

9.2%

18.0%

22.3%

47.5%

5.8%

9.6%

12.2%

8.4%

16.5%

• The parent company increased the credit line available to ABC Brasil from USD 150 million to USD 300 million

• In December 2008 ABC Brasil had withdrawn USD 143 million of this line

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Quarter Year

Net Interest Income before PLL 79.4 81.4 351.8 258.3 (2.5) 36.2

(+)Effect of Exchange Variation - Cayman Branch - A 21.7 16.6 29.9 (11.3) 30.7 (364.6)

(+)Tax Effect of Exchange Variation - Cayman Branch + Sovereign Bonds - B 13.8 6.6 20.4 - 109.1 NA

(-)Payroll Credit Assignment - C (comissions) (11.9) - (11.9) - NA NA

Managerial Net Interest Income before PLL 103.0 104.6 390.2 247.0 (1.5) 58.0

Credit Operations 95.5 100.1 354.9 212.6 (4.6) 66.9

Payroll Credit Assignment 4.7 - 4.7 - NA NA

Treasury 2.8 4.5 30.6 34.4 (37.8) (11.0)

PLL (54.1) (11.3) (79.8) (13.7) 378.8 482.5

PLL before ratings review (12.6) - (38.3) - NA NA

Ratings review (23.9) - (23.9) - NA NA

Additional (17.6) - (17.6) - NA NA

Managerial Net Interest Income after PLL 48.9 93.3 310.4 233.3 (47.6) 33.0

Banking Fees 11.2 12.1 43.1 42.4 (7.4) 1.7

Personnel Expenses/Other Administrative/Tax* (35.9) (30.6) (118.4) (98.0) 17.3 20.8

Personnel Expenses/Other Administrative/Tax* - total (47.8) (30.6) (130.3) (98.0) 58.3 33.4

(+)Payroll Credit Assignment - C 11.9 - 11.9 - NA NA

Other operating income/expenses 1.4 1.7 4.2 (1.7) (17.6) (347.1)

Other operating income/expenses - total 23.1 18.3 34.1 (13.0) 26.2 (362.3)

(+)Effect of Exchange Variation - Cayman Branch - A (21.7) (16.6) (29.9) 11.3 30.7 (364.6)

Non-Operating Income - 1.2 1.2 (0.8) (100.0) (250.0)

Income before Tax and Profit Sharing 25.6 77.7 240.5 175.2 (67.1) 37.3

Income Tax and Social Contribution 13.3 (8.7) (24.5) (34.3) (252.9) (28.6)

(+)Tax Effect of Exchange Variation - Cayman Branch + Sovereign Bonds - B (13.8) (6.6) (20.4) - 109.1 NA

Profit Sharing (4.8) (14.0) (45.5) (22.7) (65.7) 100.4

Effect of the additional PLL 10.6 - 10.6 - NA NA

Recurring Net Income* 30.9 48.4 160.7 118.2 (36.2) 36.0

Net Income 20.3 48.4 150.1 97.5 (58.1) 53.9

Chg.(%)Managerial Income Statement (R$ mi) 4Q08 3Q08 2008 2007

Managerial Income Statement

*Excluding the expenses with IPO of BRL 20.7 million in 2007 and the effect of the additionalprovisions for loan losses net of taxes in the 4Q08 of BRL 10.6 million.

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Net Interest Income

Banking Services Fees

NII (R$ mi) 4Q08 3Q08 Chg.(%) 2008 2007 Chg.(%)

Credit Operations 95.5 100.1 (4.6) 354.9 212.6 66.9

Payroll Credit Assignment 4.7 - NA 4.7 - NA

Treasury 2.8 4.5 (37.8) 30.6 34.4 (11.0)

Managerial Net Interest Income before PLL 103.0 104.6 (1.5) 390.2 247.0 58.0

PLL (54.1) (11.3) 378.8 (79.8) (13.7) 482.5

PLL before ratings review (12.6) - NA (38.3) - NA

Ratings review (23.9) - NA (23.9) - NA

Additional (17.6) - NA (17.6) - NA

Managerial Net Interest Income after PLL 48.9 93.3 (47.6) 310.4 233.3 33.0

Banking Fees (R$ mi) 4Q08 3Q08 Chg.(%) 2008 2007 Chg.(%)

Guarantees issued 6.6 5.7 15.8 22.0 13.3 65.4

Underwriting Fees and Structured Operations 0.8 2.3 (65.2) 4.4 17.8 (75.3)

Banking Fees 3.8 4.1 (7.3) 16.8 11.3 48.7

Banking Fees - Total 11.2 12.1 (7.4) 43.1 42.4 1.7

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Personnel, Administrative and Profit-Sharing Expenses

Expenses (R$ mi)* 4Q08 3Q08 Chg.(%) 2008 2007 Chg.(%)

Personnel expenses (20.7) (17.5) 18.3 (68.5) (47.0) 45.7

Other administrative expenses*

Profit Sharing (4.8) (14.0) (65.6) (45.1) (22.7) 98.9

Taxes (0.7) (0.8) (12.5) (3.0) (4.2) (28.6)

Total (37.8) (41.7) (9.3) (153.5) (117.5) 30.7

Associates 4Q08 3Q08 Chg.(%) 2008 2007 Chg.(%)

Front-Office

Back-Office

Total

171 195 (12.3) 171 140 22.1

310 319 (2.8) 310 266 16.5

514 (6.4) 481 406 18.5 481

*excluding payroll commissions and expenses with IPO in 2007

(11.6) (9.4) 23.4 (36.9) (43.6) (15.4)

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Profitability

RECURRING NET INCOME* – R$ MILLION

RECURRING ROAE* – p.a.

118.2

160.7

48.430.9

2007 20083Q08 4Q08

16.1%

14.2%

16.9%

10.6%

2007 20083Q08 4Q08*Excluding the expenses with IPO of BRL 20.7 million in 2007 and the effect of the additionalprovisions for loan losses net of taxes in the 4Q08 of BRL 10.6 million.

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19,2%

Ratios

NIM

40.5%36.0%35.8% 34.8%

2007 20083Q08 4Q08

1,085.61,161.9

2007 2008

18.0%

23.1%6.4% 5.9% 6.4% 6.3%

2007 20083Q08 4Q08

EFFICIENCY RATIO (%) – including profit sharing

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

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Guidance 2008 X Realized

Estimated Realized

Credit Portfolio*

Wholesale + L. Middle

Middle Market

Payroll Deductible

Personnel and Administrative expenses**

*including guarantees issued**excluding profit sharing and payroll deductible comissions

47% - 57%

40% - 60%

60% - 80%

220% - 250%

12% - 18%

27%

38%

Discontinued

30%

15%

Realized until 3Q08annualized

42%

89%

50%

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Guidance 2009

% Growth

Credit Portfolio*

Wholesale + L. Middle

Middle Market

Personnel and Administrative expenses**

*including guarantees issued**excluding profit sharing and payroll deductible comissions

2% - 12%

0% - 10%

30% - 40%

8% - 12%

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Contacts

Investor Relations

Sergio Lulia Jacob – Executive VP & IR Officer

Alexandre Sinzato – IR Manager

Eduardo Randich – IR Analyst

Henrique Mendonça – IR Analyst

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

Email: ri@abcbrasil.com.br

Tel.: +55 (11) 3170 2186

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Disclaimer

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

This presentation may include forward-looking statements of future events or results according to theregulations of the Brazilian and International securities and exchange commissions. These statements arebased on certain assumptions and analyses by the Company that reflect its experience, the economicenvironment, future market conditions and expected events by the company, many of which are beyondthe control of the Company. Important factors that may lead to significant differences between the actualresults and the statements of expectations about future events or results include the company’s businessstrategy, Brazilian and International economic conditions, technology, financial strategy, financial marketconditions, uncertainty regarding the results of its future operations, plans, objectives, expectations andintentions, among others. Considering these factors, the actual results of the company may besignificantly different from those shown or implicit in the statement of expectations about future eventsor 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 the veracity, currentevents or completeness of this information or these opinions. No advisors to the company or partiesrelated to them or their representatives should have any responsibility for any losses that may result fromthe use or contents of this presentation.