Itaubanco-PN (ADR) Share Increase In The S&P ADR Indices

Standard & Poor’s will make the following changes in the S&P ADR Indices effective after the close of trading on Friday, September 1, 2006:

• Itaubanco-PN (ADR) (Brazil, NYSE: ITU, CUSIP: 059602201, Sedol: 2849739) shares will increase by 68,518,100 to 595,496,100. The share increase is due to a merger with Bank Boston and Libero Trading.

Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.