Banco Bradesco S.A. - 2009 Earnings Results

SAO PAULO, January 28 - The main figures obtained by Bradesco in fiscal year 2009 are presented
below:

1. Net Income in 2009 was R$8.012 billion (an increase of 5.1% from
R$7.625 billion in 2008), corresponding to earnings per share of R$2.34 and
Return on Average Shareholders' Equity(1) of 21.4%.

2. Net Income was comprised of R$5.289 billion from financial activities,
which represented 66% of the total, and R$2.723 billion from insurance,
private pension and savings bond operations, which accounted for 34% of the
total.

3. Bradesco's market capitalization stood at R$103.192 billion on
December 31, 2009, with the preferred shares gaining 65.5%(2) during 2009.

4. Total Assets stood at R$506.223 billion at year-end 2009, an increase
of 11.4% from the ending balance in 2008. Return on average assets was 1.7%
in the year, compared with 1.9% in 2008.

5. The Total Loan Portfolio(3) stood at R$228.078 billion in December
2009, up by 6.8% from the ending balance in 2008. Operations with individuals
totaled R$82.085 billion (up 11.5%), while operations with companies totaled
R$145.993 billion (up 4.3%).

6. Total Assets under Management stood at R$702.065 billion, an increase
of 17.5% from year-end 2008.

7. Shareholders' Equity was R$41.754 billion in December 2009, increasing
by 21.9% from year-end 2008. The Capital Adequacy Ratio (Basel II) stood at
17.8% in December 2009, 14.8% of which under Tier I Capital.

8. In 2009, Interest on Equity and Dividends in the amount of R$4.599
billion were paid and provisioned in fiscal year 2009, of which R$2.718
billion was related to income generated in the period and R$1.881 billion to
income from fiscal year 2008.

9. The Efficiency Ratio(4) stood at 41.0% in December 2009 (43.3% in
December 2008).

10. Investments in infrastructure, technology and telecommunications
amounted to R$3.457 billion, up 29.5% in relation to 2008.

11. Taxes and contributions, including social security, paid or
provisioned, calculated based on the main activities of Bradesco Organization
in 2009, amounted to R$7.743 billion, equivalent to 96.6% of Net Income.
Financial intermediation taxes withheld and paid by the Organization amounted
to R$5.802 billion.

12. Banco Bradesco has an extensive distribution network in Brazil, with
6,015 Branches, PAB mini-branches and PAAs (3,454 Branches, 1,190 PABs and
1,371 PAAs). Customers can also make use of the 1,551 PAEs, 30,657 ATMs in
the Bradesco Dia&Noite (Day&Night) network, 20,200 Bradesco Expresso service
points, 6,067 Banco Postal (Postal Bank) branches, 55 branches of Bradesco
Financiamentos and 7,300 ATMs in the Banco24Horas (24HourBank) network.

13. In 2009, employee payroll plus charges and benefits totaled R$6.835
billion. Social benefits provided to the 85,548 employees of the Bradesco
Organization(5) and their dependents amounted to R$1.570 billion, while
investments in training and development programs totaled R$86.784 million.

14. In October 2009, a Special Shareholders' Meeting was held for the
merger of stock in Banco Ibi, transforming it into a wholly owned subsidiary.

15. In December 2009, a merger was made of stock in Bradesco Dental,
making it a wholly owned subsidiary of Odontoprev S.A. As a result of the
transaction, Bradesco Saude, the controlling shareholder of Bradesco Dental,
now holds a 43.5% interest in Odontoprev S.A. The partnership between the two
companies should lead to the capture of scale gains resulting from the
combination of the best practices in managing claims and in particular from
consolidation of the two sales platforms.

16. In November 2009, Bradesco achieved 100% geographic inclusion in
Brazil, with a "Presence" in all of the country's 5,564 municipalities.

17. In December 2009, the Central Bank of Brazil approved a R$2.0 billion
increase in Bradesco's capital, which went from R$24.5 billion to R$26.5
billion, accompanied by a 10% stock bonus. Since the monthly amount paid per
share will be maintained, shareholders will receive a 10% increase in the
monthly remuneration.

18. In December 2009, Bradesco inaugurated the world's first floating
bank branch, which was installed on a vessel that travels a route on the
Solimoes River in the state of Amazonas, and serves a population of 210
thousand.

19. Main Awards and Recognitions received in the fourth quarter of 2009:

    -- According to a study published by the consulting firm Economatica,
       Bradesco was the most profitable bank in Latin America and the United
       States (based on ROA in 9M09);
    -- Bradesco ranks among the exclusive group of the 12 best companies to
       work for in Brazil (Great Place to Work / O Estado de S. Paulo
       newspaper);
    -- Bradesco is the best bank in people management, according to the
       annual survey As Melhores na Gestao de Pessoas (sponsored by Valor
       Carreira/Valor Economico);
    -- Grupo Bradesco Seguros e Previdencia was the leader among
       Ibero-American insurance companies in terms of total insurance
       premiums in Latin America, according to the Mapfre Foundation; and
    -- Bradesco received the 2009 Epoca Climate Change Award for being a
       leader in the monitoring and reduction of the environmental impacts
       caused by its activities (Epoca magazine).

20. Bradesco's sustainability actions are divided into three pillars: (i)
Sustainable Finances, with a focus on banking inclusion, social and
environmental variables for loan approvals and offering social and
environmental products; (ii) Responsible Management, focused on valuing
professionals, improving the workplace and adopting eco-efficient practices;
and (iii) Social and Environmental Investments, focused on education, the
environment, culture and sports.

The highlight in this area is Fundacao Bradesco, which for 53 years has
been developing a broad social and educational program that operates 40
schools across Brazil. In 2009, Fundacao provided services over 430 thousand
times in its various operating segments: School Network, Virtual School,
e-learning portal and Digital Inclusion Centers (CIDs). The roughly 50
thousand students enrolled in basic education also receive, at no charge,
uniforms, school materials, food and medical and dental care.

21. In January 2010, Bradesco signed a Memorandum of Understanding with
the controlling shareholders of Ibi Services S. de R. L. Mexico (Ibi Mexico)
and RFS Human Management S. de R. L. for the purpose of acquiring 100% of its
capital stock, and in parallel entered into a Partnership Agreement with C&A
Mexico S. de R.L. (C&A Mexico) to jointly sell, on an exclusive basis and for
a period of 20 years, financial products and services through the stores of
the C&A Mexico chain. The transactions are subject to final approval by the
respective authorities in Brazil and Mexico.

(1) Excludes the asset valuation adjustments recorded under Shareholders'
Equity; (2) Adjusted by dividends/interest on equity received/declared; (3)
Includes Sureties and Guarantees, advances of credit cards receivables and
loan assignments (receivables-backed investment funds and mortgage-backed
receivables); (4) Last 12 months; and (5) Considers 476 employees from Banco
Ibi.

The Quarterly Report and the Supplementary Information can be found on
Bradesco's Investor relations website at www.bradesco.com.br/ir.

Ivani Benazzi de Andrade, +55-11-2178-6218, 4823.ivani at bradesco.com.br, or Carlos Tsuyoshi Yamashita, +55-11-2178-6204, 4823.carlos at bradesco.com.br, both of Banco Bradesco