Brazilian Companies Shine at 1st Annual Brazil Conference in London

Fri. November 28, 2008; Posted: 08:34 AM

LONDON, Nov 28, 2008 (BUSINESS WIRE) -- ITU | Quote | Chart | News | PowerRating -- On November the 17th, Itau Securities, the securities arm of Banco Itau Holding Financeira, (ADR code: ITU), the largest financial institution in Latin America by market value, hosted the 1st ever Brazilian Equity Conference at the Cumberland hotel in London. This event was conceived following the growing popularity of Itau's successful annual New York-based Brazil Conferences.

Fifteen major Brazilian companies, represented by their CEOs and other executive management, and over 150 investors, were invited to private group presentations and one-on-one meetings.

"We are extremely pleased with the response we received from our first conference in London" said Alfredo Setubal, Senior Vice-President, Banco Itau Holding Financeira. "Even in trying global economic times, it is a testament to the investment potential of Brazil that we are able to attract so much interest in the opportunities offered by Brazilian companies."

Participating companies included: Banco ABC, Duratex, Cemig, Hering, Bovespa, Iguatemi, Light MPX, OGX, LLX, Redecard, MMX, Usiminas, Ultra and Banco Itau.

Itau Securities, the brokerage arm of Banco Itau Holding Financeira, has pioneered the Brazilian security distribution service globally, and was the first to provide dedicated coverage and distribution of Brazilian securities to investors on every continent, with a broker dealer in Japan and an establish a presence in the Middle-East (Dubai) and Hong Kong. Itau Securities has established itself as the leading player in Brazil with strong presence with domestic and international institutional clients, retail, with access to over 23 million clients, and the largest private banking client base in Brazil.

Banco Itau BBA S.A., the corporate and investment banking arm, has established relationships with over 2,000 corporate clients and was elected the Best Investment Bank and Best Brazilian Bank by Latin Finance and Global Finance in 2006 and 2008.

For more information on Itau, please visit our website at www.itau.com.br.

SOURCE: Itau

For more information and details about the London conference, Lena Beraldo, Itau +44 207 663 7830 lena.beraldo@itaueuropa.pt or Alistair Scott, Grayling Global alistair.scott@uk.grayling.com 0795 078 3428

For full details for ITU click here.

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