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CONFERENCE - LONDON 1- ANGOLAN ECONOMY

key highlights economic framework banking sector

NOVEMBER 2010

2 - BANCO BIC
A

ANGOL

3 - BANCO BIC PORTUGUS


GAL

PORTU

WWW.BANCOBIC.AO CONFIDENTIAL Supervised by BDP and CMVM WWW.BANCOBIC.PT

Presented by Mr. LUIS MIRA AMARAL CEO of Banco BIC Portugus, SA


Authorized and

ANGOLAN ECONOMY

key highlights

NOVEMBER 2010

- ANGOLA IS PART OF THE GROUP OF ECONOMIES WITH GREATER ECONOMIC GROWTH AT A WORLD LEVEL. While not being immune to the international crisis and being extremely dependent on the oil sector, Angola's economic growth for 2009 was contingent, although it did show a new impulse in the non-oil sector, especially in agriculture, construction and trade, which shows the economic diversification efforts that have been undertaken.

2 0 0 9

Real GDP Af rica SADC Angola Sout h Af rica

2007 5,8% 7,4% 23,3% 4,8%

2008 5,2% 6,0% 15,6% 3,1%

2009 2,8% 3,7% 0,2% 1,8%


Source IMF

- According to the World Bank, Summer 2010 Report, ANGOLAS REAL GDP WILL BE CLOSE TO 6.9% IN 2010, INCREASING TO 7.7% IN 2011, AND STABILIZING AROUND 7% IN 2012. So its not foreseen that Angola will return to double digit growth in the near future. - Growth in the Sub-Saharan Africa region is projected to rebound to 4.5% this year and strengthen further to 5.1% and 5.4% in 2011 and 2012. - ANGOLA BECAME THE SECOND BIGGEST SUPPLIER OF OIL TO CHINA IN 2009, assuring approximately 15% of the country's imports.

2 0 1 0

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ANGOLAN ECONOMY economic framework

NOVEMBER 2010

- The Angolan economy, underwent SECTOR DIVERSIFICATION, thus fulfilling one of the governments objectives.

- DEVELOPMENT OF THE AGRICULTURAL SECTOR, IN A COUNTRY WHERE APPROXIMATELY 55% OF THE POPULATION WORKS IN THIS SECTOR, HAS BEEN ONE OF THE GOVERNMENTS PRIORITIES. There is an understanding that this will be the fastest way to respond to the basic needs of the population, while reducing 2 the unemployment rate and the deficit in the food trade balance.

0 0 - THE CONSTRUCTION SECTOR, ACCOUNTED FOR 8% OF GDP IN 2009, COMPARED TO ROUGHLY 4,4% IN 9 2008. Growth is essentially a result of the national reconstruction effort, which includes roads and real estate
investments.

Gross Domestic Product (%)


Agricult ure, livest ock and f isheries Mining indust ry Crude oil and gas Ot her Manuf act uring indust ry Elect ricit y Const ruct ion Market services Non-market services Import dut ies

2007
9,8% 58,8% 57,1% 1,7% 4,9% 0,8% 5,8% 13,7% 6,1% 0,1%

2008
8,2% 59,5% 58,3% 1,2% 6,6% 0,1% 4,4% 15,2% 5,9% 0,1%

2009
11,7% 41,1% 40,1% 1,0% 7,4% 0,1% 8,0% 22,7% 8,9% 0,1%
8,0% 8,9%

7,4%

0,1% 0,1%

Composition of GDP (%) 2009 Import duties Mining industry Market services
41,1%

Agriculture, livestock and fisheries Non-market services


11,7%

Construction Manufacturing industry Electricity


22,7%

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ANGOLAN ECONOMY economic framework


IMF SEPTEMBER 2010 Base Scenario

NOVEMBER 2010

20 10E 20 11P
Real GDP Oil Non-Oil Oil Product ion (mbpd) Oil Price (USDpb) Public Defict in % Real GDP 5,9% 5,0% 6,6% 1,9 72 3,10% 7,5% 6,1% 8,8% 2,02 75 3,90%

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ANGOLAN ECONOMY
Number of Banks in Angola
25 20

banking sector

NOVEMBER 2010

15

10

Credit to the Economy / Customer Deposits stands at 86% in 2009, increasing 9% when compared with 2008 data
2005 2006 2007 2008 2009 2010

Customer Deposits
(in millions of USD)

Credit to the Economy


(in millions of USD)

11687

14848 10107

12726

7388 16066 7173 14426 4456 4755 2008 LC FC 2009 2007 2008 LC 11777

Total Increase of 15% from 2008 to 2009

12524

2007

2009 FC

Source: BNA

Source: BNA

Total Increase of 5% from 2008 to 2009


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BANCO BIC
Chairmans Message on Annual Report 2009

ANGOLA

NOVEMBER 2010

Mr. Fernando Teles


Chairman of the Board of Directors

The bank is currently ONE OF THE MAIN PLAYERS IN THE ANGOLAN BANKING SECTOR, where it stands out in the LEADERSHIP OF FOREIGN EXCHANGE OPERATIONS with a share equivalent to 20% and with

MARKET SHARES OF 12% AND 10% IN TOTAL CUSTOMER FUNDS AND LOANS TO THE ECONOMY RESPECTIVELY.

Among the main activity indicators which essentially translate into the consolidation of Banco BICs results and wider territorial coverage, of note is a NET INCOME FOR THE YEAR OF USD 149 MILLION, equivalent to a growth of 6% compared with 2008; a NET WORTH OF USD 460 MILLION, equivalent to a growth of 57%; a SOLVENCY RATIO OF 23% demonstrating our strength; the 119 BRANCHES IN ANGOLA and its 1168 EMPLOYEES.

The DEDICATION AND VALUE OF OUR EMPLOYEES is to be lauded, as is the TRUST OF OUR SHAREHOLDERS and of all of the other partners THAT MAKE THE ROOT OF OUR BAOBAB TREE, 2009 Audited by WHICH IS GROWING DAY BY DAY.

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BANCO BIC
DEPOSITS BY BANK J ULY 2010
7 .1 0 0 ,5 3

ANGOLA

NOVEMBER 2010

BCP 2 ,8 5 % BPA 5 ,1 0 % SOL 3 ,8 7 %

QUAN FINI BANC BRK BDA VTB 0 ,0 3 % 1 ,0 1 % 0 ,2 4 % 0 ,2 5 % 0 ,0 0 % 0 ,0 2 % BTA BCI 1 ,8 8 % N Banco BNI BCA 1 ,9 8 % 0 ,0 6 % 2 ,2 1 % 0 ,5 4 %

BAI 2 4 ,1 8 %

5 .1 3 6 ,3 6 5 .1 1 0 ,0 9

- 1.816,20

Millions USD

BESA 9 ,6 7 %

3 .2 9 3 ,8 9
+ 454,23

BFA 1 7 ,4 9 % BIC 1 1 ,2 2 %
Market Share Dez/09 - 12,47%

2 .8 3 9 ,6 6

BPC 1 7 ,4 0 %

1 .4 9 7 ,8 4 1 .1 3 7 ,2 9 8 3 7 ,1 8 6 4 8 ,9 6 5 8 2 ,9 3 5 5 2 ,8 3 2 9 5 ,8 0 1 5 9 ,7 0 7 3 ,4 7
BANC

7 1 ,6 0
FINI

1 7 ,5 2
N Banco

7 ,7 0
QUAN

6 ,3 4
VTB

0 ,2 5
BDA

BAI

BFA

BPC

BIC

BESA

BPA

SOL

BCP

BNI

BCI

BTA

BRK

BCA

Rank 4th
CONFIDENTIAL WWW.BANCOBIC.AO

Source: BNA

BANCO BIC
6 .1 7 5 ,4 9 4 .9 5 5 ,4 0

ANGOLA
CREDIT TO THE ECONOMY J ULY 2010

NOVEMBER 2010

4 .1 1 1 ,2 7

3 .7 7 4 ,0 0

QUAN FINI BRK 0 ,2 3 % 0 ,0 0 % BANC 1 ,2 0 % SOL BCA BTA BDA 0 ,1 4 % VTB BCI 1 ,4 0 % 0 ,3 4 % 0 ,0 4 % N Banco BNI 1 ,8 2 % 1 ,6 6 % 1 ,7 7 % BCP 2 ,5 2 % 0 ,0 5 % 2 ,7 6 % BPA 4 ,3 9 %
-1.295,06

BESA 2 3 ,4 7 %

BIC 9 ,4 2 %

Millions USD

2 .4 7 8 ,9 4

+ 1.478,94 Market Share Dez/09 - 10,00 %

BPC 1 4 ,3 4 %

BAI 1 8 ,8 3 %

BFA 1 5 ,6 2 %

1 .1 5 4 ,9 7

7 2 5 ,0 4 6 6 3 ,6 8 4 8 0 ,0 1 4 6 5 ,5 1 4 3 7 ,4 3 3 6 7 ,6 7

3 1 5 ,4 7 8 9 ,5 7 6 1 ,1 5
FINI

3 8 ,0 9
BANC

1 2 ,4 9
N Banco

9 ,5 2
VTB

0 ,2 6
QUAN Source: BNA

BESA

BAI

BFA

BPC

BIC

BPA

BCP

BNI

BTA

BDA

BCI

SOL

BRK

BCA

Rank 5th
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BANCO BIC
1 .5 0 0 1 .4 0 0 1 .3 0 0 1 .2 0 0 1 .1 0 0 1 .0 0 0

ANGOLA
CURRENCY BOUGHT Cumulat ive unt il SEPTEMBER 2010
BAI 8%

NOVEMBER 2010

1.475
BFA 14% BCP 9% BPA 7% BSOL 7% BESA 6%

1.200

BPC 6%

Millions USD

900 800 700 600 500 400 300 200 100 0


BI C BFA

813 681 640

BIC 17%

BQC 0%

NVB BMF BCI 0% 0% 2%

BRK BCA 2% BANC FNB 3% 3% 2%

BTA VTB 4% 3%

BNI 6%

596

558

510 487 322 301

233 231 211 200 133 38 16


NVB

1
BQC
Source: BNA

BCP

BAI

BPA

BSOL BESA

BPC

BNI

BTA

VTB

BRK

FNB

BANC

BCA

BCI

BMF

Rank 1st
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BANCO BIC
ATM'S MATRICULADOS BIC 14% BRK 3% BAI 15%

ANGOLA
TPA'S MATRICULADOS BIC 17%

NOVEMBER 2010

BESA 3%

BCA 3% BMA 3%

BAI 18%

BESA 3% BMA 4%

BSOL 8%

BFA 23% BPC 19% BTA 2% BCI 6%

BPC 12% BCI 4% BFA 38%

2008 data

2.660 ATM'S TPA'S

1.211 717 488 150 250 325 339

2005

2006

2007

2008

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BANCO BIC

ANGOLA

NOVEMBER 2010

106 Branches 7 Corporate Centres 2 Investment Centres 1 Private Banking 12Corporate Branches

BANCO BIC BELIEVES THERE IS MORE IN ANGOLA BESIDES THE CAPITAL LUANDA, THEREFORE THE BRANCH/ CENTRES EXPANSION TO OTHER PROVINCES

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BANCO BIC
Key Performance Indicators
Millions USD Total Assets, net Turnover . Loans and of f -balance sheet it ems . Resources f rom client s Turnover per employee Banking product Banking product per employee Overhead costs / Banking product Personnel costs / Banking product Net income for the year Shareholders equity Income bef ore t axes / Average asset s, net Banking product / Average asset s, net Income bef ore t axes / Average equit y Effective income tax rate Number of branches Number of employees 2010

ANGOLA
2009 4.318 5.674 2.048 3.626 4,8 244 0,21 30% 17% 120 460 4,4% 5,5% 52% 19% 113 1.172

NOVEMBER 2010

% Change
6% 2% 6% 1% -6% -11% -18% 21% 26% -15% 14% -31% -12% -47% 33% 9% 9%

4.585 5.814 2.164 3.650 4,6 217 0,17 36% 21% 101 524 3,0% 4,9% 27% 25% 123 1.276
2010 dat a unaudit ed

Amount s in millions of dollars

Note: 2009 Balance sheet data in 31/ 12/ 2009. 2009 Income statement data in reference to 30/ 09/ 2009, for comparison purposes.

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BANCO BIC
INCOME STATEMENT
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11 . 12 . 13. 14. 15 . 16. 17 . 18. Int erest and Similar Income Int erest and Similar Expendit ures Financial Margin (1 -2) Commissions and Ot her Net Income Net Prof it on Financial Operat ions Maint aining Own Funds Banking Product (3+4 +5 -6) Personnel Cost s Third-part y Services and Supplies Depreciat ion Running Costs (8+9+1 0) Generation of Income Cash Flow (7-1 1) Net Provisions Net Ext raordinary Income Income Before Taxes (12 -13 +1 4 ) Income Tax Income for the Financial Year (1 5-1 6 ) Cash f low Af t er Taxes (18+6+10+13)

ANGOLA
Thousands USD
3 0/ 0 9/ 2 0 10 258.532 136.723 12 1 .8 09 28.688 76.601 10.347 21 6 .7 52 45.436 27.359 5.531 7 8 .3 26 13 8 .4 26 6.561 2.834 13 4 .6 98 33.258 10 1 .4 40 123.879 30 / 0 9/ 2 00 9 266.713 109.142 15 7.57 1 31.469 54.531
-

NOVEMBER 2010

24 3.57 2 40.383 25.379 7.135 7 2.89 7 17 0.67 5 21.376 647 14 9.94 6 30.285 11 9.66 0 148.172

Amount s in t housands of dollars. 2010 dat a unaudit ed.

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BANCO BIC
BS in September 20 0 9 and 2 01 0

ANGOLA
Depreciation Gross Assets & Provisions 20 1 0 863.909 177.225 273.920 1.986.918 1.208.693 662 5.079 123.844 3.752 45.604 4 .6 89 .6 06 71.446 4.845 28.258 1 0 4.5 4 8 863.909 177.225 273.920 1.915.472 1.208.693 662 235 95.586 3.752 45.604 4.5 8 5.0 5 8 Net Assets Net Assets 2 00 9 881.864 245.393 236.250 1.845.650 1.099.798 385 863 80.456 7.128 39.310 4 .4 37 .0 98

NOVEMBER 2010

BALANCE SHEET

ASSETS

Thousands USD
1. Cash and Deposits in Central Banks 2. Loans and Advances t o Credit Inst itutions on Demand 3. Ot her Loansand Advances to Credit Instit ut ions 4. Loans to Cust omers 5. Bonds and Other Fixed Income Securit ies 6. Shares 7. Intangible Fixed Assets 8. Tangible Fixed Assets 9. Ot her Assets 10. Adjust ment Account s TOTAL ASSETS

4% Increase YoY in USD

LIABILITIES & NET WORTH 1. Central Bank Funds 2. Ot her Credit Inst itutions Funds 3. Customer Deposit s 4. Funds from Other Entit ies 5. Liabilit ies represent ed by Securities 6. Ot her Liabilities 7. Adjustment Accounts 8. Provisions for Sundry Risks Total Liabilit ies 9. Capital 10. Funds 11. Reserves 12. Retained Earnings 13. Net Income for the Financial Year Tot al Net Worth TOTAL LIABILITIES AND NET WORTH

20 1 0
-

2 00 9
-

224.261 3.306.473 343.753


-

131.875 3.341.852 424.878


-

1% Decrease YoY in USD 16% increase in KWZ

33.914 115.805 47.690 4.071.896 26.301


-

30.770 66.896 38.023 4.034.294 31.032


-

333.118 52.303 101.440 513.162 4.5 8 5.0 5 8

190.400 61.711 119.660 402.804 4 .4 37 .0 98

27% Increase YoY

Amounts in t housands of dollars. 2010 dat a unaudit ed.

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BANCO BIC

ANGOLA

NOVEMBER 2010

THE BEST BANK in ANGOLA


Awarded for excellence 2008 from the Euromoney Magazine, one of the most prestigious publications in Europe and forth on a World level

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BANCO BIC
CONTACTS: Executive Committee:

ANGOLA

NOVEMBER 2010

MR. FERNANDO TELES Chairman & CEO


fernando.mendes.teles@bancobic.ao

MR. FERNANDO DUARTE Board Member


fernando.aleixo.duarte@bancobic.ao

MS. GRAA PEREIRA Board Member


graca.santos.pereira@bancobic.ao

MR. HUGO TELES Board Member


hugo.mendes.teles@bancobic.ao

MS. GRAZIELA ESTEVES Board Member


graziela.rodrigues.esteves@bancobic.ao

MR. JOSE MANUEL CANDIDO Board Member


jose.manuel.candido@bancobic.ao

MR. PEDRO NUNES MBIDIGANI Board Member


pedro.nunes.mbidigane@bancobic.ao

MR. JAIME PEREIRA Assessor of the Board of Directors


jaime.pereira@bancobic.ao

FOR OTHER CONTACTS:

PLEASE CHECK WWW.BANCOBIC.AO

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ANGOLA to PORTUGAL PORTUGAL to ANGOLA

NOVEMBER 2010

After being established in Angola for 3 SUCCESSFUL YEARS, while COMPETING WITH MAJOR BANKS

WITH STRONG AND PROFITABLE RELATIONSHIP WITH PORTUGUESE BANKS, Shareholders of Banco BIC DECIDED IN 2008
that it was time to

ADD A COMPETITIVE ADVANTAGE to their Business Model that allow them to compete with the same structure
as their major competitors in Angola by.... .... CREATING A TWIN PORTUGUESE BANK, CALLED

BANCO BIC

PORTUGUS
structure) Banco BIC Portugus launched from scratch its operation in May 2008.
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(with the same Shareholder

Authorized and

BANCO BIC PORTUGUS PORTUGAL Chairmans Message on Annual Report 2009

NOVEMBER 2010

Mr. Fernando Teles


Chairman of the Board of Directors

We are a PORTUGUESE BANK aimed at serving the Portuguese market and cooperating in the development of economic relations between Portugal and Angola. Counting on the support of Banco BIC, S.A. in Angola for this purpose. We started in May 2008, so 2009 WAS OUR FIRST FULL YEAR OF BUSINESS, the year ending with POSITIVE RESULTS. Contributing to this in the net operating income area, was the financial margin, due to the Bank's credit activity in the companies area, and the additional margin, due to the Bank's activity as correspondent bank for Angolan banks and the provision of services to Banco BIC, S.A. (Angola), and, in the costs area, strict control of operating costs and prudent credit risk management. Thus, Banco BIC Portugus and its twin, Banco BIC, S.A. (Angola) find themselves in a privileged position to support the various economic agents, in the current business panorama between Portugal and Angola. We are already the CORRESPONDENT BANK FOR 4 ANGOLAN BANKS, managing a considerable flow of financial transfers. We set up the CAPITAL MARKET Centre which, in 2009, permitted REGISTRATION IN THE CMVM (securities exchange watchdog), allowing us to operate as a financial intermediary. This will make our PRIVATE BANKING activity more dynamic, offering our customers financial products with a suitable risk/return ratio. We also want to make more dynamic partnerships between Portuguese and Angolan business people, developing our CORPORATE FINANCE business. We are counting on a SOLID SHAREHOLDER STRUCTURE and on our HIGHLY QUALIFIED AND 2009 Audited by EXPERIENCED TEAM. We do hope to continue to earn the TRUST OF OUR CUSTOMERS.
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BANCO BIC PORTUGUS PORTUGAL


GEOGRAPHICAL DISTRIBUTION COVERAGE

NOVEMBER 2010

In 2009, we opened new Branches /Corporate Centres in:

BRAGA AVEIRO LEIRIA VISEU.


In 2008, Headquarters in LISBOA and Branch/Corporate Centre in PORTO.

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BANCO BIC PORTUGUS PORTUGAL Key Performance Indicators


Thousands EUR Total net assets Turnover 1 Banking product Cost to Income Net Income f or t he Year Shareholders Equit y Capital requirements ratio 2,3 Tier I 2,3 Tot al number of agencies Total Staff
31/ 12/ 2009

NOVEMBER 2010

419.104 265.687 10.184 77,5% 204 24.513 15.1% 16.7% 6 72


thousands of euros

Not e 1: Credit grant ed, guarant ees st ood, open document ary credit and cust omer f unds; Not e 2: Calculat ed according t o Inst ruct ion no. 16/2004, of t he Banco de Port ugal;

Note 3. Calculated according to Banco de Portugal standards on minimum capital requirements.

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BANCO BIC PORTUGUS PORTUGAL


In

NOVEMBER 2010

2009, Banco BIC Portugus recorded a NET PROFIT OF EUR 204 THOUSAND, with TOTAL ASSETS

ON THAT DATE OF APPROXIMATELY EUR 419 MILLION.


Equally important was the EUR 7.5 MILLION CAPITAL INCREASE IN FEBRUARY 2009. It was increased FROM EUR 17.5 TO 25.0 MILLION, in order to comply with the provisions of the General Scheme for Credit Institutions and Financial Companies, also permitting comfortable levels of solvency, calculated under the terms of the regulations in force and issued by the Banco de Portugal. The NET OPERATING INCOME at the end of 2009 had reached approximately EUR 10.2 MILLION, with EUR 4.5 million attributable to the financial margin and approximately EUR 5.7 million arising from the additional margin, which included income form services and commissions, foreign exchange income and any other operating income and revenue.

FINANCING COSTS for 2009 reached approximately EUR 7.9 MILLION (77.5% of the net operating income),
with staff costs corresponding to EUR 3.6 million and general administrative expenditure totalling approximately EUR 4.3 million over the period in question. Of note on the other hand are the good quality indicators in the loans granted portfolio, where OVERDUE CREDIT IS ABSOLUTELY MARGINAL (approximately EUR 285 thousand) in the total customer credit portfolio. Nevertheless, as a result of the significant growth in loans granted and under the terms of Banco de Portugal rules, provisions were set up for general credit risks in 2009 at an amount of EUR 1.2 million. Also of note is the non-existence of exposure of shares to risks as a result of a conservative policy followed in the application of customer and credit institution funds.

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BANCO BIC PORTUGUS PORTUGAL INCOME STATEMENT


Thousands EUR
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. Interest and Similar Income Interest and Similar Expenditures Financial Margin (1-2) Commissions and Ot her Net Income Assets assessed at f air value through Profit and Loss Currency remeasurment income Income generat ed from selling Other Assets Other Income Banking Product (3+4+5+6-7+8) Personnel Costs Third-party Services and Supplies Depreciat ion Running Costs (10+11+12) Generation of Income Cash Flow (9-13) Net Provisions Net correct ions due t o Customer credit & ot her debtors Income Before Taxes (14-15-16) Income Tax Income for the Financial Year (17-18) Cash f low After Taxes (19+12+15)

NOVEMBER 2010

30/ 09/ 2010 12.609 4.603 8.006 1.400 562 1.831 0 320 12.120 3.384 3.318 812 7.514 4.606 2.086 106 2.414 657 1.757 4.656

30/ 09/ 2009 5.782 2.951 2.831 1.038 29 714 1.212 5.824 2.535 3.281 635 6.450 -627 640 85 -1.352 14 -1.366 -91

2,67x YOY comparison

Surpass largely the 10 Million EUR landmark

Only 16% YoY increase

Net Income above 1,7 Million EUR

Amount s in t housands of euros. 2010 dat a unaudit ed.

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BANCO BIC PORTUGUS PORTUGAL BALANCE


BS in September 2009 and 2010

NOVEMBER 2010

Depreciation & Provisions 2010 Net Assets Net Assets 2009 16.969 119.939 49.930 4.787 531.125 229 328.788 25.540 1.110 963 3.423 936 144 486 1.484 2.302 1.083.552 1.216 407.920 3.746 1.114 6.643 62.459 1.739 4.272 233.369 93.362

SHEET

ASSETS

Gross Assets

Thousands EUR
1. Cash and Deposit s in Central Banks 2. Cash Resources in Other Credit Institutions 3. Financial Assets at Fair Value through P&L 4. Financial Assets Available For Sale 5. Invest ments in Credit Institutions 6. Customer Credit 7. Financial Assets Held to Maturity 8. Tangible Asset s 9. Int angible Asset s 10. Current Tax Asset s 11. Deferred Tax Assets 12. Other Assets TOTAL ASSETS 16.969 119.939 49.930 4.787 531.125 329.017 25.540 4.533 1.899 144 486 1.484 1.085.854

Comercial Paper = 157.858 K Euros Corporate Credit = 170.930 K Euros

2,65x YoY comparison

LIABILITIES & NET WORTH 1. Deposits: Ret ail, Private & Institut ional 2. Provisions 3. Current Tax Liabilities 4. Deferred Tax Liabilities 5. Ot her Liabilities Total Liabilities 6. Capital 7. Revaluation Reserves 8. Profit/Loss Carried Forward 9. Net Income for the Financial Year Tot al Net Worth TOTAL LIABILITIES AND NET WORTH

2010 1.049.480 3.648 657

2009 381.100 953 14 47 3.789 1.057.574 25.000 -206 -573 1.756 25.978 1.083.552 2.810 384.923 25.000 140 -776 -1.366 22.998 407.920

Over 1 billion EUR in Funding Sources

Amount s in t housands of euros. 2010 dat a unaudit ed.

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BANCO BIC PORTUGUS PORTUGAL STP AWARD


CONTACTS: MR. FERNANDO TELES Chairman
fernando.teles@bancobic.pt

NOVEMBER 2010

2008

EXCELLENT QUALITY In the delivery of commercial payments and financial transfers

Executive Committee: MR. LUIS MIRA AMARAL CEO MR. CARLOS TRAGUELHO Board Member MR. JAIME PEREIRA CFO MR. DIOGO BARROTE Board Member

mira.amaral@bancobic.pt diogo.barrote@bancobic.pt

carlos.traguelho@bancobic.pt

jaime.pereira@bancobic.pt

OTHER CONTACTS: Private Banking Corporate Banking Retail Banking Correspondent Banking MR. MANUEL VASCONCELOS MR. CUSTDIO VALE DE GATO MR. FRANCISCO BRAGADESTO MR. ABLIO FONSECA Head of Private Banking Head of Corporate Banking Head of Retail Banking Head of Operations Head of Capital Markets
manuel.vasconcelos@bancobic.pt custodio.gato@bancobic.pt francisco.bragadesto@bancobic.pt abilio.fonseca@bancobic.pt

MR. MANUEL LOURENO CRO


manuel.loureco@bancobic.pt

MS. MARIANA VIEGAS Internal Auditor


mariana.viegas@bancobic.pt

MS. VNIA MELEIRO Compliance Officer


vania.meleiro@bancobic.pt

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CURRICULUM VITAE: MR. LUIS MIRA AMARAL CEO
mira.amaral@bancobic.pt

NOVEMBER 2010

Degree in Electrical Engineering, Instituto Superior Tcnico (1969) Master in Economics, Universidade Nova de Lisboa (1980) Stanford Executive Program - "Graduate School of Business", Stanford University (2000) Strategic Management in Banking Program, INSEAD (2001) Post Graduate Program in Power System Reliability Evaluation, Manchester University (1978) Portuguese Minister of Labour and Social Security (1985/87), Industry and Energy (1987/95) Member of the Board of Banco Portugus de Investimentos, SA (BPI Group) (1997-2002) Vice-President and CEO - Caixa Geral de Depsitos, SA (2002-2004) Professor of Management - Instituto Superior Tcnico Member of Supervisory Board - Royal Lankhorst -Euronete Group(Netherlands) Vice-President CIP Confederap Indstria Portuguesa

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Authorized and

CONFERENCE - LONDON

NOVEMBER 2010

DISCLAIMER: The present presentation is confidential and was prepared by Banco BIC, SA and Banco BIC Portugus, SA for information purposes only. The use is forbidden, being allowed only to the audience of Business in Portuguese Conference (01/11/2010). Information provided is based on available data . Banco BIC, SA and Banco BIC Portugus, SA declines full responsibility by the improper use of this presentation.
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