1. 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 Presentation
May 14, 2009
Participants:
Anis Chacur Neto – Deputy CEO
Executive VP & IR Officer
Alexandre Yoshiaki Sinzato – IR Superintendent

2. 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.

3. 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%
4,351.6
4,708.1 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

4. Credit Portfolio
Segments
Credit 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

5. Credit Portfolio
WHOLESALE AND
CAGR = 11.4%
5,533.05,462.8
4,967.2
1,927.01,645.91,410.9
1Q08
1Q08 4Q08 1Q09
Loans Guarantees issued
BRL 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
South
9.7%
Rio de Janeiro
10.1%
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

6. Credit Portfolio
MIDDLE MARKET
CAGR = 8.6%
718.0
660.9
31.5
16.8
812.4
25.5
Loans Guarantees issued
1Q08 4Q08 1Q09
BRL million
692.5
780.9
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
South
13.3%
Minas Gerais
7.0%
São Paulo
67.1%
São Paulo -
Countryside
7.8%
Rio de Janeiro
4.9%
4Q08 1Q09
2.0 1.9
202 209
398 388

7. Collaterals 1Q09
36.4%
19.6%Wholesale
Large Middle
Receivables Pledge
59.0%
15.7%
Receivables Vehicles
Middle
Market
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 and
Equipment
Others
7.2% 7.2% 6.8% 4.1%
Real Estate Pledge OthersMachinery and
Equipment
Middle Middle mkt Total
18%
82%
61%
39%

8. 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

9. 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

10. 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)

11. 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

12. 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

13. 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%

14. 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%

15. 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

16. 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

17. Disclaimer
The following material, on this date, is a presentation
ABC Brasil S.A. We offer no guarantee and make no declaration,
completeness or scope of this information.
This presentation may include forward-looking statements
regulations of the Brazilian and International securitiesregulations of the Brazilian and International securities
based on certain assumptions and analyses by the
environment, future market conditions and expected
the control of the Company. Important factors that may
results and the statements of expectations about future
strategy, Brazilian and International economic conditions,
conditions, uncertainty regarding the results of its future
intentions, among others. Considering these factors,
significantly different from those shown or implicit in
or results.
The information and opinions contained in this
17
The information and opinions contained in this
recommendation to potential investors and no investment
events or completeness of this information or these
related to them or their representatives should have
the use or contents of this presentation.
Disclaimer
presentation containing general information about the Banco
declaration, implicitly or explicitly, as to the accuracy,
statements of future events or results according to the
securities and exchange commissions. These statements aresecurities and exchange commissions. These statements are
Company that reflect its experience, the economic
expected events by the company, many of which are beyond
may lead to significant differences between the actual
future events or results include the company’s business
conditions, technology, financial strategy, financial market
future operations, plans, objectives, expectations and
factors, the actual results of the company may be
in the statement of expectations about future events
this presentation should not be understood as athis presentation should not be understood as a
investment decision is to be based on the veracity, current
these opinions. No advisors to the company or parties
any responsibility for any losses that may result from