(Amounts in thousands of Brazilian reais – R$, unless otherwise stated)

Under CVM Instruction No. 457, of July 13, 2007, we present below the reconciliation of BR GAAP and IFRS shareholders' equity and net income attributed to the parent company for the periods below:

	Note 3.2.2.	2009	2008
BR GAAP shareholders’ equity attributed to the parent company		860,429	159,061
IFRS adjustments, net of taxes:
Reclassification of dividends above mandatory minimum dividends to shareholders’ equity	h	-	542,985
		-	-
IFRS shareholders’ equity attributed to the parent company		860,429	702,046
BR GAAP net income attributed to the parent company		1,533,794	1,393,843
IFRS adjustments, net of taxes:		-	-
Gain on fair value of Visa Inc. shares	c	-	(105,145)
Reversal of effects of write-off of IFRS deferrals on 2008 net income	a	-	53,373
IFRS net income attributed to the parent company		1,533,794	1,342,071