Unibanco Units (UBBR11) are members of the main stock

indices of the Brazilian market:

 

Bovespa Index (Ibovespa)

 

In May 2005, Unibanco's Units were included in the Bovespa Index (Ibovespa) - the main indicator of the Brazilian stock market's average performance - with 0.984% weight in the index new portfolio, which is effective from May to August 2005.

 

Ibovespa's relevance comes from two facts: it reflects the variation of Bovespa's most traded stocks and is methodologically consistent over the years, having maintained the integrity of its historical series without any methodological change since its inception in 1968.

 

Extremely reliable and with a methodology easily understandable by the market, the Bovespa Index represents faithfully the average performance of the main traded stocks and the profile of the cash market operations carried out on Bovespa.

 

The stocks that integrate Ibovespa's theoretical portfolio represent more than 80% of the number of trades and the financial value registered on BOVESPA's cash market (round lot). *

 

Unibanco's Units in the Ibovespa

 

The entering of Unibanco Units in the Ibovespa resulted from a series of initiatives whose purpose was to foster the liquidity of Units in Brazil. These included:

 

In September 2003, Global Offering of Units and GDSs (approximately US$60 million). The selling shareholders were Mizuho and Commerzbank.

Changing of the round lot for Unibanco and Unibanco Holdings from 100,000 shares to 10,000 shares (round lots before the reverse stock split), so that a larger number of trades would be included in the Units negotiability calculation.

Market Maker for Units at Bovespa, since May 2004: LatinFinance Advisory & Research S.A and Ágora Senior Corretora de Títulos e Valores Mobiliários S.A.. The market maker is an independent securities brokerage company that, daily and continuously, puts Units purchase and sell offerings in every tradings day of Bovespa.

Reverse stock split, on August 30, of the Unibanco and Unibanco Holdings common stock and preferred stock issued, including the Units, in a ratio of 100 shares for every 1 share.

Cancellation of the conversion fee from GDSs into Units from October to December 2004.

Secondary Offering of Units in the first quarter, 2005 (approximately US$280 million), in the Brazilian market. The selling shareholders were Commerzbank and BNL.

 

 

The IBrX-50 (Brazil Index - 50) index comprises the 50-best classified stocks according to a negotiability index, calculated by Bovespa, and that have a trading floor presence of at least 80%, measured in the last twelve months.

 

 

 

The IBrX index comprises the 100-best classified stocks according to a negotiability index, calculated by Bovespa, and that have a trading floor presence of at least 70%, measured in the last twelve months.

 

 

 

The IGC is a Corporate Governance Stock Index designed to measure the return of a theoretical portfolio composed of shares of companies with a good level of corporate governance. Such companies should be traded on BOVESPA's "Novo Mercado" or should be classified at BOVESPA's "Level 1" or "Level 2". Unibanco is Level 1 at Bovespa.