1

Presentation

1H07

Apresentação dos

Resultados do 3T07

9 de novembro de 2007

4Q07 Results

January 23, 2008

2

The Bank's financial statements and consolidated financial statements

herein are presented on a pro forma basis, encompassing the financial

statements of the Bank, its subsidiaries, the Credit Receivables Investment

Funds (FIDC) and insurer J. Malucelli Seguradora.

They were prepared based on the accounting practices pursuant to Brazilian

Corporate Law, and associated with the regulations and instructions issued

by the National Monetary Council (“CMN”), the Brazilian Central Bank

(“BACEN”) and the Brazilian securities and exchange commission Comissão

de Valores Mobiliários ("CVM") (“BR GAAP”).

3

Summary

4

5

6

7

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

General Overview

Operational Highlights

Origination Evolution

Surety Bond Market

Franchise: an innovative sales channel

Alternative Channel x Comissions/Originations

Total Assets and Equity

Period Result Composition (R$ x 1,000)

Financial Highlights Summary

Credit Portfolio

Financial Revenue and Loan Assignments

Credit Portfolio Quality

Loan Assignment

Funding Structure (R$ x 1,000)

Operating Income and Expenses

J. Malucelli Seguradora – Performance

Ratings

Corporate Governance

Share Price Evolution

4

General Overview

Private multiple bank focused on payroll-deductible and the middle-market segment

Focus in profitability and a low-risk customer base (civil servants, private-sector

employees and retirement beneficiaries, and pensioners under the INSS social security

system)

At the close of 2007, the Bank had 715 payroll-deduction loan agreements (state and

private entities)

Loan portfolio for middle-market operations totaled R$ 98.9 million on December

31, accounting for 8.2% of the total loan portfolio

4 sales channels: brokers, call center, franchises and regionals

The Franchise Channel closed the year with 60 operational units spread through

several important regions of the country, exceeding the initial annual target of 30

units

Paraná Banco concluded the acquisition of 100% of J. Malucelli Seguradora, as

outlined in the IPO Prospectus

5

Operational Highlights

Total Originations (R$ mm) Number of Agreements

192.5

365.2

682.7

1,013.9

4Q06 4Q07 2006 2007

519

715

4Q06 4Q07

6

Origination Evolution

(R$ X 1,000)

0

50000

100000

150000

200000

250000

300000

350000

400000

2005 2006 2007

1st Quarter 2nd Quarter 3rd Quarter 4th Quarter

256%

2000 2001 2002 2003 2004 2005 2006 2007

OTHER

ACE SEGURADORA S.A.

BERKLEY INTERNATIONAL DO BRASIL SEGUROS S.A.

UBF GARANTIAS & SEGUROS S/A

AUREA SEGUROS S/A

J. MALUCELLI SEGURADORA S/A

Surety Bond

Market

7

•Data until November 2007Source: SUSEP

Annual Evolution – Surety Bond

Net premiums written (R$ x 1,000)

77,946

98,639

167,642

194,664

315,775

134,749

205,368

164,550

50%42%37%24% 34% 30%28%27%

(2000-2007)

CAGR market =22%

CAGR J. Malucelli = 33%

8

Claim Volume and Claim Ratio Evolution

Surety Bond

Market

•Data until November 2007Source: SUSEP

0%

10%

20%

30%

40%

50%

2000 2001 2002 2003 2004 2005 2006 2007*

Claim Ratio - Market Claim Ratio - J. Malucelli Seguradora

0

10000

20000

30000

40000

50000

60000

70000

80000

2000 2001 2002 2003 2004 2005 2006 2007

R$

x 1

,00

0

Claim Volume - Market Claim Volume J. Malucelli Seguradora

9

Franchise: an innovative

sales channel

The target for 2008 remains at 210 units in operation

Initial activities in march 2007

The Franchise Channel closed the year with 60 operational

units

Exclusivity and long-term agreements

Low initial investment and low operating costs

10

Alternative Channel x

Comissions/Originations

6% 5% 3%

9%

7%

10%

21%

28%

1Q06 2Q06 3Q06 4Q06 1Q07 2Q07 3Q07 4Q07

Evolution of Alternative Distribution Channels

% of Payroll Deductible Loan Origination

Begin of FranchiseOperations

1Q06 2Q06 3Q06 4Q06 1Q07 2Q07 3Q07 4Q07

8.1% 8.1% 7.2% 7.9% 7.6% 8.1% 9.2% 7.4%

Comissions / Originations (% of Payroll Deductible Loans Origination)

*

* Sales channels: brokers, call center, franchises and regionals

11

Total Assets and Equity

(R$ x 1,000)

Total Assets Shareholders’ Equity

920,877

1,881,567

4Q06 4Q07

197,775

776,572

4Q06 4Q07

12

Period Result Composition

(R$ x 1,000)

4Q07

2007

21,212 21,384

504

Net Income Non-Recurring IPO expenses

Net Adjusted Income

75,728

113.450

13,217

24.505

Net Income Non-Recurring IPO expenses

Deferred Comissions Adjustment

Period Result

13

Financial Highlights

Summary

4Q06 4Q07Variation

4Q06 x 4Q072006 2007

Variation

2006 x 2007

Net Adjusted Income 13,419 35,620 165.4% 52,120 75,728 45.3%

IPO related expenses 504 13,217

Deferred Commission

Result24,505

Adjusted Net Income 13,419 36,124 169.2% 52,120 113,450 117.7%

Annualized Return over average

Equity (%)26.2% 18.6% -7.6p.p 27.6% 18.2% -9.4p.p

Annualized Intermediary margin of

financial operations (%)22.9% 16.8% -6.1p.p. 23.1% 15.3% -7.9p.p.

14

Credit Portfolio

(R$1,000)

Total Credit Portfolio, including credit assignments to the FIDC’s, grew

up to R$ 1,172.1 million in the 4Q07.

623.2

1,080.5

1,172.1

4Q06 3Q07 4Q07

Loan Portfolio (R$ x 1,000)

19.6%

88.1%

15

Financial Revenue and

Loan Assignments

Loan Assigment Evolution (R$ x1,000)

4Q06 4Q07 % Variation 2006 2007 % Variation

Loan Origination - Payroll Deductible Loans 178,763 235,953 32.0% 624,887 873,704 39.8%

Loan Origination - Middle Market 13,771 129,278 838.8% 57,865 140,201 142.3%

Loan Assignments (other institutions) - - - 184,250 20,079 -89.1%

Loan Assignments (Credit Receivables

Investment Funds )69,379 80,378 15.9% 152,428 353,731 132.1%

Loan Portfolios Acquired - 33,400 - - 76,354 -

% Credit Assignments (other institutions) 0.0% 0.0% - 27.0% 2.0% -

Income from Financial Operations (R$ x 1,000)

4Q06 4Q07Variation

4Q06 x 4Q072006 2007

Variation

2006 x 2007

Loans 52,888 79,974 51.2% 212,362 275,023 29.5%

16

Credit Portfolio

Quality

High quality and stability

94.4%

5.6%

2006

95.8%

4.2%

2007

AA-C

D-H

17

Loan Assignment

20.9%

11.6%

1st Month End of Contract% N

et

Inco

me o

ver

Fin

an

cia

l In

co

me

Operation with Loan Assignment

Reduction of 45%

0.4%

19.9%

1st Month End of Contract% N

et

Inco

me o

ver

Fin

an

cia

l In

co

me

Operation retained in Balance Sheet

Results grow 45x

18

Funding Structure

(R$ x 1,000)

476,388

787,139

102,471

56,922

4Q06 4Q07

Medium term notes Total

844,061

578,859

476.388

787.139

102.471

56.922

4T06 4T07

Total Deposits Medium term notes

578.859

844.061

19

Operating Income

(Expenses)

Operating Income (Expenses)

4Q06 4Q07Variation

4Q06 x 4Q072006 2007

Variation

2006 x 2007

Personnel expenses (3,920) (5,520) 40.8% (13,599) (18,305) 34.6%

Other administrative

expenses(17,253) (25,099) 45.5% (76,688) (106,984) 39.5%

Other Expenses (8,842) (15,369) 73.8% (20,436) (32,703) -60.0%

IPO expenses - (504) - (19,506)

Commissions Expenses

(Loan Origination)(8,411) (9,226) 9.7% (56,252) (54,775) -2.6%

Other operating expenses (758) 10,522 - 5,561 17,785 219.8%

20

J. Malucelli Seguradora –

Performance

Premiums Written Shareholders’ Equity

24.8

88.7110.7

210.3

4Q06 4Q07 2006 2007

58.6

65.5

4Q06 4Q07

21

Ratings

Rating / Classificação Rating / ClassificaçãoÍndice / Classificação Rating Rating Rating / Ranking Rating

Low Credit Risk Low Risk - Medium Term Low Credit Risk

June 2007 September 2007 October 2007

brBBB+ 11.39 brA- A-

Rating / Ranking

Low Credit Risk

June 2007

22

Corporate Governance

The Board of Directors of Paraná Banco authorized on 19 October

2007, a stock buyback program. The program provides for the

purchase of up to 4,156,481 preferred shares until October 15,

2008.

Paraná Banco hired Banco UBS Pactual to act as market maker for

its preferred shares for a period of six months, automatically

renewable, with the objective of increasing liquidity in the

shares.

23

Share Price Evolution

(R$)

5

7

9

11

13

15

0

5000

10000

15000

20000

25000

3-Jul 13-Jul 23-Jul 2-Aug 12-Aug22-Aug 1-Sep 11-Sep21-Sep 1-Oct 11-Oct 21-Oct 31-Oct10-Nov20-Nov30-Nov10-Dec20-Dec

Pri

ce

pe

r S

ha

re

Vo

lum

e o

f N

eg

oc

iate

d s

ha

res

(R

$ x

1,0

00

)

Paraná Banco

VOLUME Paraná Banco

24

IR Contact

“This document may include estimates and forward-looking statements. These estimates and forward-looking statements are to a large extent based on current

expectations and projections about future events and financial trends that affect or may come to affect our business. Many important factors may adversely affect

the results of Paraná Banco as described in our estimates and forward-looking statements. These factors include, but are not limited to, the following: the Brazilian

and international economic conjunctures, fiscal, foreign-exchange and monetary policies, higher competition in the payroll deductible loan segment, the ability of

Paraná Banco obtain funding for its operations, and amendments to Central Bank regulations.

The words “believe”, “may”, “could”, “seek”, “estimate”, “continued”, “anticipate”, “plan”, “expect” and other similar words have the objective of identifying

estimates and projections. The considerations involving estimates and forward-looking statements include information related to results and projections, strategies,

competitive positioning, the environment in the industry, growth opportunities, the effects of future regulations, and the impacts from competitors. Said estimates

and projections refer only to the date on which they were expressed, and we do not assume any obligation to publicly update or revise any of these estimates

arising from the occurrence of new information, future events, or any other factors. In view of the risks and uncertainties described above, the estimates and

forward-looking statements contained herein may not materialize. Given these limitations, shareholders and investors should not make any decisions based on the

estimates, projections and forward-looking statements contained in this report.

Luis César Miara André NacliCFO and Investor Relations Officer IR Analyst

Ph: (55 41) 3351-9961 Ph: (55 41) 3351-9645

Ricardo Rosanova Garcia Mauricio N. G. FanganielloIR Manager IR Coordinator

Ph: (55 41) 3351-9812 Ph: (55 41) 3351-9765

e-mail: ir@paranabanco.com.br

IR Website: www.paranabanco.com.br/ir