1Q09 Earnings Presentation1Q09 Earnings Presentation1Q09 Earnings Presentation1Q09 Earnings Presentation

Participants:

Anis Chacur Neto

1

Sergio Lulia Jacob - Executive VP & IR Officer

Alexandre Yoshiaki Sinzato

1Q09 Earnings Presentation1Q09 Earnings Presentation1Q09 Earnings Presentation1Q09 Earnings PresentationMay 14, 2009

Participants:

Anis Chacur Neto – Deputy CEO

Executive VP & IR Officer

Alexandre Yoshiaki Sinzato – IR Superintendent

1Q09 Highlights

• The Net Income in 1Q09 totaled BRL 26.3 million,

published net income of BRL 20.3 million. When

(BRL 30.9 million) there was a variation of -15

Equity it was destined to shareholders in 1Q09 theEquity it was destined to shareholders in 1Q09 the

• The Credit Portfolio, including guarantees issued,

to 4Q08 (BRL 6,485.5 million).

• The portfolio quality remained high, with 95.9

Bank Resolution 2,682).

• The Time Deposits of Institutional Investors had

Time Deposits of Corporate Clients increased 18

2

1Q09 Highlights

million, an increase of BRL 29.4% in relation to 4Q08

When compared with the 4Q08 recurring net income

15.0%. In the quarterly distribution of Interest on

the total gross value of BRL 17.5 million.the total gross value of BRL 17.5 million.

issued, reached BRL 6,435.5 million, stable in relation

9% of credit operations rated from AA to C (Central

had a growth of 48.7% in relation to 4Q08 while the

18.9% in relation to the last quarter.

Credit Portfolio

CREDIT PORFOLIO - including guarantees issued

CAGR = 11.4%CAGR = 11.4%

5,779.3

6,485.5 6,435.5

86.0%

11.2%2.8%

84.2%

12.5%3.3%

85.9%

11.4%2.7%

-0.8%

3

MIDDLE MARKETWHOLESALE + L. MIDDLE

1Q08 4Q08 1Q09

Credit Portfolio

LOANS

CAGR = 1.0%CAGR = 1.0%

4,351.64,708.1

4,395.7

82.0%

15.8%2.2%

81.1%

16.6%2.3%

81.7%

14.8%3.5%

-6.6%

OTHERSMIDDLE MARKET

BRL million

1Q08 4Q08 1Q09

Credit Portfolio

SegmentsCredit Portfolio

(BLR million)*

Write Off (BLR

million)

Write Off / Credit

Portfolio

Wholesale+L.Middle 3,606.0 -

Middle 692.5 5.2

Others 97.2 1.7

Total - 1Q09 4,395.7 6.9

*excluding guarantees issued

Rating (BRL million) * 1Q09 % Portfolio

AA 762.4 17.3

A 1,554.9 35.4

B 1,211.4 27.6

C 685.9 15.6

Total - 4Q08 4,708.1 2.0

4

*excluding guarantees issued

D 87.8 2.0

E 40.9 0.9

F 14.5 0.3

G 4.8 0.1

H 33.1 0.8

Total 4,395.7 100.0

Credit Portfolio Quality

Write Off / Credit PLL (BLR million)

PLL / Credit

Portfolio

Past Due > 91dias

(BRL million)

Past Due > 91dias

/ Credit Portfolio

0.0% 82.8 2.3% 35.4 1.0%

0.7% 36.2 5.2% 15.4 2.2%

1.8% 4.4 4.5% 1.1 1.2%

0.2% 123.4 2.8% 51.9 1.2%

Mar. 2009

D-H 4.1%

% Portfolio 4Q08 % Portfolio

17.3 811.5 17.2

35.4 1,845.9 39.2

27.6 1,284.6 27.3

15.6 654.4 13.9

0.0% 105.2 2.2% 30.3 0.6%

AA-C 95.9%

2.0 36.1 0.8

0.9 43.0 0.9

0.3 2.7 0.1

0.1 6.2 0.1

0.8 23.7 0.5

100.0 4,708.1 100.0

Credit Portfolio

WHOLESALE AND

CAGR = 11.4%

5,533.05,462.8

4,967.2

1,927.01,645.9

1,410.9

1Q08

1Q08 4Q08 1Q09

Loans Guarantees issuedBRL million

3,606.03,816.9

1,410.9

3,556.3

1.3%

5

*excluding BNDES operations

Wholesale + L. Middle 1Q08

Ticket 10.5

Duration * 340

Clients 475

Credit Portfolio

WHOLESALE AND LARGE MIDDLE

South9.7%

Rio de Janeiro10.1%

Minas Gerais + Northeast

1.9%

4Q08 1Q09

São Paulo -Countryside

26.2%

São Paulo 52.2%

4Q08 1Q09

10.6 11.8

306 302

514 470

Credit Portfolio

MIDDLE MARKET

CAGR = 8.6%

718.0660.9

31.5

16.8

812.4

25.5

Loans Guarantees issued

1Q08 4Q08 1Q09

BRL million

692.5780.9

644.1 -11.6%

6

* excluding BNDES operations

Middle Market 1Q08

Ticket 2.1

Duration * 185

Clients 317

Credit Portfolio

MIDDLE MARKET

Rio de Janeiro

South13.3%

Minas Gerais7.0%

São Paulo

67.1%

São Paulo -Countryside

7.8%

Rio de Janeiro4.9%

4Q08 1Q09

2.0 1.9

202 209

398 388

Collaterals 1Q09

36.4%

19.6%WholesaleLarge Middle

Receivables Pledge

59.0%

15.7%

Receivables Vehicles

MiddleMarket

7

Clean

Collaterals

Large Middle

66%

34%

% of Portfolio

Collaterals 1Q09 – Credit Portfolio

19.6% 18.6%

12.8% 12.6%

Pledge Real Estate Machinery andEquipment

Others

7.2% 7.2% 6.8% 4.1%

Real Estate Pledge OthersMachinery andEquipment

Middle Middle mkt Total

18%

82%

61%

39%

Other Activities

TREASURY AND CAPITAL MARKET

Capital Market (BRL million)

Underwriting Fees and Structured Oper.

Number of trades

Income

Average consolidated VaR

Treasury (BRL million)

8

Other Activities

TREASURY AND CAPITAL MARKET

1Q09 4Q08 1Q08

0.8 -

3 -

1Q09 4Q08 1Q08

2.8 13.5

6.3 2.7

0.3

2

0.2

2.1

Funding

International

4,354.3

43.0%International

Local

Mar 2008 Dec2008

2.5%

0.1%10.5%

18.9%

25.0%

9

Funding

5,690.9

47.5%

5,076.1

38.9%

Corporate

Institutional

BNDES

Retail

Interbank

Dec2008 Mar 2009

5.8%

9.6%

12.2%

8.5%

16.4%

6.3%

11.2%

7.5%

14.2%

21.9%

BRL million

Managerial Income Statement

Managerial Income Statement (BRL million)

Net Interest Income before PLL

(+)Effect of Exchange Variation - Cayman Branch - A

(+)Tax Effect of Exchange Variation - Cayman Branch + Sovereign Bonds -

(-)Payroll Credit Assignment - C (comissions)

Managerial Net Interest Income before PLL

Credit Operations

Payroll Credit Assignment

TreasuryTreasury

PLL

PLL 2,682

Additional

Managerial Net Interest Income after PLL

Banking Fees

Personnel Expenses/Other Administrative/Tax

Personnel Expenses/Other Administrative/Tax

(+)Payroll Credit Assignment - C

Other operating income/expenses

Other operating income/expenses

(+)Effect of Exchange Variation - Cayman Branch - A

Non-Operating Income

10

*Including the effect of the additional provisions for loan losses net of taxes in the 4Q08 of BRL 10.6 million.

Non-Operating Income

Income before Tax and Profit Sharing

Income Tax and Social Contribution

(+)Tax Effect of Exchange Variation - Cayman Branch + Sovereign Bonds -

Profit Sharing

Effect of the additional PLL

Recurring Net Income*

Net Income

Managerial Income Statement

1Q09 4Q08 Chg.(%) 1Q08 Chg.(%)

88.7 79.4 11.7 87.8 1.0

(1.0) 21.7 (104.6) (1.0) -

(+)Tax Effect of Exchange Variation - Cayman Branch + Sovereign Bonds - B 1.2 13.8 (91.3) - -

- (11.9) - - -

88.9 103.0 (13.7) 86.8 2.4

88.7 95.5 (7.1) 73.3 21.0

- 4.7 - - -

0.2 2.8 (92.9) 13.5 (98.5) 0.2 2.8 (92.9) 13.5 (98.5)

(25.2) (54.1) (53.4) (7.9) 219.4

(24.7) (36.5) (32.3) (7.9) 212.7

(0.5) (17.6) (97.2) - -

63.7 48.9 30.2 78.9 (19.3)

10.3 11.2 (8.0) 9.0 14.4

(33.5) (35.9) (6.7) (24.6) 36.2

(33.5) (47.8) 58.3 (25.4) 88.2

- 11.9 - - -

0.1 1.4 (92.9) 0.8 (87.5)

(0.9) 23.1 26.2 (8.1) (385.2)

1.0 (21.7) 30.7 3.2 (778.1)

(1.7) - - - -

*Including the effect of the additional provisions for loan losses net of taxes in the 4Q08 of BRL 10.6 million.

(1.7) - - - -

38.9 25.6 51.8 64.1 (39.4)

(3.9) 13.3 (129.3) (11.7) (66.7)

(+)Tax Effect of Exchange Variation - Cayman Branch + Sovereign Bonds - B (1.2) (13.8) (91.3) - -

(7.5) (4.8) 56.3 (14.4) (47.9)

- 10.6 - - -

26.3 30.9 (15.0) 38.0 (30.9)

26.3 20.3 29.4 38.0 (30.9)

Net Interest Income

NII (BRL million)

Credit Operations

Payroll Cession

Treasury

Managerial Net Interest Income before PLL

Banking Services Fees

Managerial Net Interest Income before PLL

PLL

PLL 2,682

Additional

Managerial Net Interest Income after PLL

11

Banking Fees (BRL million) 1Q09

Guarantees issued 7.4

Underwriting Fees and Structured Operations 0.3

Banking Fees 2.6

Banking Fees - Total 10.3

Net Interest Income

1Q09 4Q08 Chg.(%) 1Q08 Chg.(%)

88.7 95.5 (7.1) 73.3 21.0

- 4.7 - - -

0.2 2.8 - 13.5 (98.5)

88.9 103.0 (13.7) 86.8 2.4

Banking Services Fees

88.9 103.0 (13.7) 86.8 2.4

(25.2) (54.1) (53.4) (7.9) 219.4

(24.7) (36.5) (32.3) (7.9) 212.7

(0.5) (17.6) (97.2) - -

63.7 48.9 30.2 78.9 (19.3)

1Q09 4Q08 Chg.(%) 1Q08 Chg.(%)

7.4 6.6 12.1 4.4 68.2

0.3 0.8 - - -

2.6 3.8 (31.6) 4.6 (43.5)

10.3 11.2 (8.0) 9.0 14.4

Personnel, Administrative and

Profit-Sharing Expenses

Expenses (BRL million)

Personnel

Other administrative expenses

Personnel + Other Adm.

Profit Sharing

Taxes

Total

Associates

Front-Office

12

Back-Office

Total

Personnel, Administrative and

Sharing Expenses

1Q09 4Q08 Chg.(%) 1Q08 Chg.(%)

(20.6) (20.7) (0.5) (14.1) 46.1

(12.3) (14.5) (15.2) (9.7) 26.8

(32.9) (35.2) (6.5) (23.8) 38.2

(7.5) (4.8) 56.3 (14.4) (47.9)

(0.6) (0.7) (14.3) (0.8) (25.0)

(41.0) (40.7) 0.7 (39.0) 5.1

1Q09 4Q08 Chg.(%) 1Q08 Chg.(%)

162 171 (5.3) 154 5.2

316 310 1.9 287 10.1

478 481 (0.6) 441 8.4

Profitability

RECURRING NET INCOME* – BRL MILLION

30.9

38.0

RECURRING ROAE* – p.a.

1Q08 4Q08 1Q09

26.3

13.9%

13

1Q08 4Q08 1Q09

13.9%

10.6%

9.0%

*Including the effect of the additional provisions for loan losses net of taxes

in the 4Q08 of BRL 10.6 million.

Profitability

PUBLISHED NET INCOME – BRL MILLION

26.3

38.0

1Q08 4Q08 1Q09

20.3

26.3

PUBLISHED ROAE – p.a.

1Q08 4Q08 1Q09

13.9%

7.0%9.0%

Ratios

STOCKHOLDERS’ EQUITY (BRL million)

AND BASEL INDEX (%)

1,107.0 1,161.9

18.0%

20.7%

NIM EFFICIENCY RATIO (%)

1Q08 4Q08

18.0%

14

1Q08 4Q08 1Q09

6.4%

5.9%5.2%

Ratios

STOCKHOLDERS’ EQUITY (BRL million)

AND BASEL INDEX (%)

1,161.9 1,175.3

18.0% 18.1%

EFFICIENCY RATIO (%) – including profit sharing

4Q08 1Q09

18.0% 18.1%

39.4%

1Q08 4Q08 1Q09

32.7%

38.5%39.4%

Guidance 2009

Credit Portfolio*

Wholesale + L. Middle

Middle Market

Personnel and

Administrative expenses**

15

*including guarantees issued

**excluding profit sharing and payroll deductible comissions

Guidance 2009

% Growth

2% - 12%

0% - 10%

30% - 40%

8% - 12%

**excluding profit sharing and payroll deductible comissions

Contacts

Investor Relations

Sergio Lulia Jacob – Executive VP & IR Officer

Alexandre Sinzato –Alexandre Sinzato –

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

Email: ri@abcbrasil.com.br

Tel.: +55 (11) 3170 2186

16

Contacts

Investor Relations

Executive VP & IR Officer

– IR Superintendent– IR Superintendent

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

Email: ri@abcbrasil.com.br

Tel.: +55 (11) 3170 2186

Disclaimer

The following material, on this date, is a presentationABC Brasil S.A. We offer no guarantee and make no declaration,completeness or scope of this information.

This presentation may include forward-looking statementsregulations of the Brazilian and International securitiesregulations of the Brazilian and International securitiesbased on certain assumptions and analyses by theenvironment, future market conditions and expectedthe control of the Company. Important factors that mayresults and the statements of expectations about futurestrategy, Brazilian and International economic conditions,conditions, uncertainty regarding the results of its futureintentions, among others. Considering these factors,significantly different from those shown or implicit inor results.

The information and opinions contained in this

17

The information and opinions contained in thisrecommendation to potential investors and no investmentevents or completeness of this information or theserelated to them or their representatives should havethe use or contents of this presentation.

Disclaimer

presentation containing general information about the Bancodeclaration, implicitly or explicitly, as to the accuracy,

statements of future events or results according to thesecurities and exchange commissions. These statements aresecurities and exchange commissions. These statements are

Company that reflect its experience, the economicexpected events by the company, many of which are beyond

may lead to significant differences between the actualfuture events or results include the company’s business

conditions, technology, financial strategy, financial marketfuture operations, plans, objectives, expectations and

factors, the actual results of the company may bein the statement of expectations about future events

this presentation should not be understood as athis presentation should not be understood as ainvestment decision is to be based on the veracity, current

these opinions. No advisors to the company or partiesany responsibility for any losses that may result from