1. Annual Public
Meeting with
Analysts & Investors
August 28, 2012

2. Disclaimer
This presentation may contain references and statements representing future
expectations, plans of growth and future strategies of BI&P. These references and
statements are based on the Bank’s assumptions and analysis and reflect the
management’s beliefs, according to their experience, to the economic environment and
to predictable market conditions.
As there may be various factors out of the Bank’s control, there may be significant
differences between the real results and the expectations and declarations herewith
eventually anticipated. Those risks and uncertainties include, but are not limited to our
ability to perceive the dimension of the Brazilian and global economic aspect, banking
development, financial market conditions, competitive, government and technological
aspects that may influence both the operations of BI&P as the market and its products.
Therefore, we recommend the reading of the documents and financial statements
available at the CVM website (www.cvm.gov.br) and at our Investor Relations page in
the internet (www.bip.b.br/ir) and the making of your own appraisal.
1

3. COMPANY PROFILE

4. BI&P - Banco Indusval & Partners is a commercial bank listed at
Level 2 Corporate Governance of the BM&FBOVESPA, with over 40
years of experience in the financial market, focusing on local and
foreign currency corporate loan products. BI&P relies on a network
of 11 branches strategically located in economically relevant
Brazilian regions, including an offshore branch in Cayman Islands,
its brokerage firm operating at the São Paulo Stock, Commodities
and Futures Exchange - BM&FBOVESPA and Serglobal Cereais,
acquired in April 2011, which originates agricultural bonds.
Agency Risk Rating Last Report
Global: BB/ Stable/ B
Standard & Poor’s August 2012
National: brA+/ Stable/ brA-1
FitchRatings National: BBB/ Stable/ F3 July 2012
Global: Ba3/ Stable/ Not Prime
Moody’s November 2011
National: A2.br/ Stable/ BR-2
Index: 10,43
RiskBank July 2012
Low Risk Short Term
3

5. 45 years of partnerships and evolution
A history built on credibility
2012
Level 2
BM&FBOVESPA
2011
2010
Strategic review
2007
IPO and
opening of 6
2006 branches
2004 Opening of first
Sale of 4 branches
2003 Consumer Credit
Merger with Business
1991 Banco
Authorized Multistock
to operate as
1967 a Bank
Brokerage Firm
establihed
4

6. Capital Structure
Luiz
CONTROLLING GROUP FREE FLOAT
Manoel F.
Masagão
Cintra Treasury Warburg Other
Ribeiro
Pincus
Jair Ribeiro
PN = 3% ON = 13% ON = 31%
Carlos Antonio G. Total = 1% PN = 45% PN = 50%
ON = 56% ON = 44% Total = 39%
Ciampolini da Rocha Total = 26%
PN = 2% PN = 95%
Total = 34% Total = 65%
17.7% 100.0% 100.0% 23.8%
Sertrading Serglobal Cereais BI&P Brasil Agrosec
Indusval & Partners Securitizadora
Corretora
Position as of June 30, 2012
5

7. Capital breakdown
Controlling Treasury
Class Total capital Management Free Float
Group Shares
Common 36,945,649 20,743,333 277,307 - 15,925,009 43.1%
Preferred 26,160,044 609,226 60,125 734,515 24,756,178 94.6%
Total 63,105,693 21,352,559 337,432 734,515 40,681,187 64.5%
As of June, 30, 2012
Shareholder Base
Controlling
Individuals Group
20% 34%
Management
1%
Treasury
Foreign 1%
Investors
30% Institutional
Investors
14%
6

8. Corporate Governance
Committees strenghthen our Governance
Shareholders Meeting
Supervisory Board
Board of Directors
Remuneration
Committee
Internal Audit
Committee
Executive Board
Products Cash and ALCO Credit Special Cases
Committee Committee Committee Committee
Compliance IT and Information Safety Human resources
Committee Legal Committee Committee
Committee
7

9. Supervisory Board and Board of Directors
Experienced leaders
Supervisory Board
• Francisco de Paulo dos Reis Junior | Sitting Member
• Jairo da Rocha Soares | Sitting Member
• João Verner Juenemann | Sitting Member
Board of Directors
• Manoel Felix Cintra Neto | Chairman
• Carlos Ciampolini | Vice Chairman
• Antonio Geraldo da Rocha
• Jair Ribeiro da Silva Neto
• Luiz Masagão Ribeiro
• Alain J.P. Belda | Independent Member
• Alfredo de Goeye Junior | Independent Member
• Guilherme Affonso Ferreira | Independent Member
• Walter Iório | Independent Member
8

10. Executive Board
A strong executive team
Luiz Masagão
Jair Ribeiro
Ribeiro
CEO
CEO
Claudio Cusin
Corporate
Credit
Kátia Moroni André Gilberto Eliezer R. da Silva
Mesquita Faiwichow Middle Market
VP Trade Finance,
VP Commercial,
Funding, VP Treasury &
Products & Compliance &
Syndications &
Structured
Investors Accounting & Internal Controls
Fin. Institutions Relations Controlling
Finance (Operating Risk)
Liquidty &
Jair Balma Credit Risk Market Risk
Management Management
Local Funding
Officer
Administration Legal
Information Human Resources
Technology & Marketing

11. Branch network
Covering +80% of Brazilian GDP
• Headquartered in São Paulo
• 10 branches located in the highest
economic potential regions
• 1 offshore branch
• 438 employees (Bank + Brokerage)
− 203 front office
− 235 middle & back office
10

12. STRATEGY

13. Strategy defined by our Vision...
To be an innovative bank with excellence in
corporate credit and deep understanding of
our clients’ businesses and industries they
operate, becoming also one of the leading
players of the high-growth Brazilian corporate
bond market.
12

14. ...And built over three pillars
Aiming at growing based on quality assets and recurring income
PEOPLE CUSTOMERS PRODUCTS
• New focus on better credit
• Our main intangible asset • Stronger Products team
profile customers
• The basis for the success of our • Profound knowledge of the
• Commercial teams restructured
strategy market variables
• Profound knowledge of the
• Expertise in the Bank’s target
• Attraction of new professionals customers activities and industry
industry segments
segments
• Closer interaction with our • Product and service portfolio
• Corporate culture cosnolidation
customers enhancement
• Expansion of business with
• Structured solution to meet
• Motivating BI&P team Corporate customers: X-selling
specific customers’ needs
and more stable income flow
Middle Market: Companies with annual sales from R$40million to R$400 million
Corporate: Companies with annual sales ranging from R$400 million and R$2,0 billion
13

15. Multiproduct Offering
Product portfolio allows conquering new customers
14

16. THE SCENARIO AND OUR
PERSPECTIVES

17. Credit evolution in Brazil
Larger companies highlighted (loan agreements > R$10 mm)
Credit volume in the Financial System
Credit/GDP (%)
49,0% 50,6%
2.800
44,4% 45,2% • Credit/ GDP ratio exceeds 50%
40,5%
2.167
2.600
2.400
2.200
35,2% 2.030
2.000
1.706
1.414 • Individuals respond for 47% of total loans in the
1.800
1.600
1.227
R$ billion
1.400
1.200
1.000
936 system, up 21% during 2011 and 16% in 1H12
800
600
annualized, with great influence of housing loans.
400
200
0
2007 2008 2009 2010 2011 jun/12 • Companies represent 53% of total credit, up 17%
in 2011 and 12% 1H12 annualized, driven by free
Corporate Credit resources , specially working capital and loans
Loan Agreements < R$100 tsd granted with foreign funding.
from R$100 tsd to R$10 million
Loan Agreements > R$10 million 1.125 1.169
938
696
788 • Credit Agreements with amounts above R$ 10
508 million, usually taken by larger companies, show
R$ billion
a better growth both in 2011 and in 1H12.
2007 2008 2009 2010 2011 mai/12
Source: Banco Central do Brasil *Annualized
16

18. Perspectives for Credit in Brazil
Worst moment for delinquency is likely to be overcome
BACEN data indicates improvement in he coming months
Interest rate relevant drop Delinquency ratio dropping, yet marginal
(loans overdue from 15 to 90 days fall down)
10% Corp 15-90 days Corp > 90 days Ind 15-90 days Ind > 90 days
8%
8%
6% 6%
4% 4%
2% 2%
0% 0%
ja…
jul…
ja…
jul…
ja…
jul…
ja…
jul…
ja…
jul…
ja…
jul…
ja…
jul…
jan/0
jan/0
jul/0
jan/1
jan/1
jan/1
jul/0
jul/1
jul/1
jul/1
8
9
0
1
2
8
9
0
1
2
Source: Real interest rate 360 days Source: Banco Central do Brasil
BM&FBovespa and Banco Central do Brasil
1,4%
1,2% Quartely GDP Projected GDP
1,0%
0,8%
0,6%
0,4%
0,2%
0,0%
-0,2%
dez/10
mar/11
dez/11
mar/12
dez/12
mar/13
jun/10
jun/11
jun/12
jun/13
set/10
set/11
set/12
17
Source: IBGE and projections by BI&P Economic Dept.

19. Perspectives for Credit in Brazil
Credit shall continue growing in the 17% to 20% range
35%
___ Annual Credit Growth ___ Most likely scenario
30%
25%
20%
15%
10%
5%
dez/07
mar/08
dez/08
mar/09
dez/09
mar/10
dez/10
mar/11
dez/11
mar/12
dez/12
mar/13
jun/08
jun/09
jun/10
jun/11
jun/12
jun/13
set/08
set/09
set/10
set/11
set/12
Fonte: BACEN e projeções Depto. Econômico BI&P
18

20. Taking such scenario into consideration...
• Better quality short term loan origination is prioritized.
• Fee income business increasing, also with the strengthening of the fixed
income capital markets team.
• Focus in developing franchise value in specific productive chains is
maintained.
• Funding mix effective management to support the credit portfolio growth.
• Capital management aims at monitoring and developing alternatives to
maximize its utilization.
• Investments in systems, people and process reviewing are maintained to
optimize resources and reduce costs.
19

21. OUR PERFORMANCE

22. Expanded Credit Portfolio
Cautious growth under macroeconomic scenario
2.759 2.807
2.534
2.248
2.109
R$ million
2Q11 3Q11 4Q11 1Q12 2Q12
Loans & Discounted Receivables in Reais Trade Finance
Guarantees Issued (L/G and L/C) Agricultural Bonds (CPR, CDA/WA and CDCA)
Private Credit Bonds (PNs and Debentures)
21

23. Expanded Credit Portfolio Evolution
Quality growth strategy maintained
1.163 2.807
2.534 (648)
(170) (72)
R$ million
4Q11 Credits Credit Write New transactions 2Q12
received and not renewed
exits offs
New Transactions
656 646
498 517
414
98% of the transactiosn disbursed in 1H12 R$ million
were rated from AA to B. 2Q11 3Q11 4Q11 1Q12 2Q12
22

24. Expanded Credit Portfolio
Breakdown by product group
Expansion of product line contributed to access
larger customers and allowed credit portfolio growth
specially with
• BNDES Onlendings , with the extension of credit
Loans &
Discounts
line, this portfolio reached R$260.8 million,
Trade
in Real increasing by 12.9% in 2Q12 and 82.6% in 12
Finance
54% 16% months, mainly in the Corporate segment.
• Guarantees and Letters of Credit issued totaled
BNDES R$175.8 million, growing 7.3% in 2Q12 and
Onlendings
9%
156.6% in 12 months.
Receivables • Agricultural Bonds portfolio (CPRs and CDA/WAs,
acquired classified as Marketable Securities, and CDCAs, in
Other from the credit portfolio), amounted to R$267.0
1% Customers million, up 16.2% in the quarter and 622.4% in 12
Private Agricultural 3%
Guarantees months.
Credit Bonds Issued • Private Credit Bonds portfolio (debentures)
Bonds 10% 6%
1% totaled R$30.7 million, 20.2% above the amount
recorded in 1Q12.
23

25. Agricultural Bonds Portfolio
Specializing in Agribusiness
• Agricultural bonds activity started in 1Q11, plays an
important role in our growing business strategy.
Agricultural Bonds • Our agricultural bonds transactions are focused on
commodities financing, specially grains, cotton, sugar
267
230 cane and coffee.
129 • The expertise of our team combined with the support of
R$ million
37 52 external specialists improve business opportunities
detection and risk mitigation. As an example, this
2Q11 3Q11 4Q11 1Q12 2Q12
year’s drought in the Southern Region did not impact
payments in this portfolio.
CPR Warrant (CDA/WA) CDCA
• Our transactions count on instruments developed to
protect from commodity price fluctuations to minimize
risks.
Our agricultural bonds activity aims to follow the agribusiness growth in
Brazil and the great moment of the commodities market.
24

26. Expanded Credit Portfolio
Significant presence of Agribusiness and Food related activities
Agribusiness
Food & Beverage
10%
Civil Construction
1% 19%
2% Transportation & Logistics
2%
Chemical & Pharmaceutical
2%
3% Financial Services
3% Pulp & Paper
Automotive
4%
Oil & Biofuel
16% Metal Industry
4% Textile, Apparel and Leather
Education
4%
Power Generation & Distribution
4% Financial Institutions
12% Retail & Wholesale
5%
5% Electronics
5%
Other Industries (% lower than 1%)
25

27. Credit Portfolio
Strategy for equilibrium between Corporate and Middle Market segment
maintained
Middle Market
companies with annual revenues between • Migration of customers managed by the
R$40 million and R$400 million
1.604 1.593
Middle Market team to Corporate,
1.572 1.501
1.267 responding for R$200 million outstanding
volume in 2Q12.
R$ million
• Middle Market segment: 53% of Credit
Portfolio (63% in 1Q12), and 51% of
2Q11 3Q11 4Q11 1Q12 2Q12
Expanded Credit Portfolio.
Corporate • Corporate clients: 45% of Credit Portfolio
companies with annual revenues between (35% in 1Q12), and 47% of Expanded Credit
R$400 million and R$2 billion
Portfolio.
1.078
• Average Exposure by Customer:
R$ million
831
641
322 436 – Middle Market = R$2.2 million
– Corporate = R$6.9 million
2Q11 3Q11 4Q11 1Q12 2Q12
26

28. Credit Portfolio
Exposure by client and term of transactions
Client Concentration Maturity
+360
Other Top 10 days
25% 18% 27% up to 90
days
39%
181 to
11 - 60
61 - 160 360 days
largest
largest 15% 91 to
32%
25% 180 days
19%
• Top 60 borrowers remain at 50% of Credit Portfolio (49% in 2Q11)
• 73% of Credit Portfolio to mature up to 360 days
27

29. Credit Portfolio Quality
Higher quality of new transactions
Rating NPL / Credit Portfolio
92.1%
6,8%
2Q12 6% 37% 34% 16% 8% 6,3%
5,0%
91.8% 3,2%
6,3% 2,8%
1Q12 4% 39% 32% 17% 8%
4,7%
4,1%
89.7% 2,7% 2,6%
4Q11 2% 40% 28% 20% 10%
2Q11 3Q11 4Q11 1Q12 2Q12
AA A B C D-H NPL 60 days NPL 90 days
• 99.4% of the transactions disbursed in 2Q12 were classified between AA and B.
• Allowance for Loan Losses covers 176% of loans overdue more than 90 days.
• R$17 million of fully provisioned H rated loans were written off during the quarter.
28

30. Funding
Product mix helps cost reduction
Time Deposits (CDB & DPGE) are the main
sources of funding, however:
2.736 2.755
2.420 2.533
2.230
• Agribusiness Letters of Credit (LCAs)
increased by 12.2% in the quarter and
R$ million
150.8% in 12 months, supported by the
agricultural bonds portfolio growth.
2Q11 3Q11 4Q11 1Q12 2Q12
in Real in Foreign Currency
• Funding through Bank Notes (LFs) grew
from R$7.4 million in 2Q11 to R$30.6
Time
Insured million, and accounted for 1.1% of total
Time
deposits
Deposits funding.
(CDB)
27% LCA (DPGE)
12% 28% • 90% of foreign currency borrowings are
Onlendings LF
10% 1%
Trade Finance related .
Foreign Interbank Demand
Borrowings Deposits Deposits
16% 5% 1%
29

31. Performance
NIM
7,7%
• Financial intermediation income before ALL
6,6% 6,6% 7,1%
5,2%
6,3%
5,5% expenses increases NIM, since there was no
material change in the balance of interest
5,8%
bearing assets.
4,6% 4,8% 4,9% 5,3%
3,7% 4,1%
• The significant improvement in the Efficiency
2Q11 3Q11 4Q11 1Q12 2Q12 1H11 1H12 Ratio keeps the trend started in 3Q11.
NIM NIM(a) *
• The increasing pipeline of structured
transactions should contribute to improve our
Efficiency Ratio
efficiency through service fees.
78,6% 77,6% 78,6%
71,2% 68,1% • No significant headcount additions are
62,3% 65,1%
forecasted and internal processes are
continuously reviewed looking for optimizing,
excellence and cost reduction.
2Q11 3Q11 4Q11 1Q12 2Q12 1H11 1H12
* NIM(a) adjusts remunerated average assets by repos with equivalent volumes, tenors and rates both in
30 assets and liabilities.

32. Profitability
Bottom line still reflects the risk of credit portfolio originated
before 2010
Net Profit
Bottom line absorbs allowance for loan losses
10,3
5,1
7,3
5,0
7,5 expenses amounting to R$22.6 million in the
2,4 quarter and R$37.0 million in 1H12 (R$103.2
R$ million
million in 1H11).
2Q11 3Q11 4Q11 1Q12 2Q12 1H11 1H12
-49.4
Return on Average Equity (ROAE) % Return on Average Assets (ROAA) %
7,3 1,0
5,2 0,7
3,6 3,5 2,6 0,5 0,5 0,3
1,7 0,2
2Q11 3Q11 4Q11 1Q12 2Q12 1H11 1H12 2Q11 3Q11 4Q11 1Q12 2Q12 1H11 1H12
-18.9 -2.5
31

33. Capital Structure
Capitalization and liquidity still allow healthy
growthShareholders’ Equity Assets & Liabilities Management
590,5 1.102 Assets Liabilities 1.106
566,5 577,5 577,1 582,4
810
682
503 442
R$ million
R$ million
359 337
2Q11 3Q11 4Q11 1Q12 2Q12 90 days 180 days 360 days +360 days
Basel Index (Tier I) Leverage
Expanded Credit Portfolio /
Shareholders’ Equity
21,3% 21,1% 4,6x 4,8x
18,2% 17,5% 4,4x
17,0% 3,7x 3,9x
2Q11 3Q11 4Q11 1Q12* 2Q12 2Q11 3Q11 4Q11 1Q12 2Q12
* Operating risk calculation for 1Q12 was adjusted, increasing this risk allocation from R$8.2 million
32 to R$20.2 million, with reduction in Basel Index in that quarter from 18.1% to 17.5%.

34. Share Performance
120
110
100
90
80
70
60
IBOVESPA IDVL4 IDVL4 adjusted for earnings
50
IDVL4 in 2Q12 IDVL4
Maximum Share Price in the period R$ 8.65 Average Daily Volume
Minimum Share Price in the period R$ 6.21 - in June 2012 R$ 168,931
Share Price on Mar 30, 2012 R$ 8.60 - in 2Q12 R$ 117,887
Share Price on Jun 29, 2012 R$ 6.69 - in 12 months R$ 129,281
Change in the period -22.2%
IBOVESPA Change in the period -15.7%
33

35. SUSTAINABILITY

36. Business Sustainability
Policy of Social and Environmental Responsibility
Encouraging the adoption of responsible attitudes towards:
Social development, citizenship rescue and Environmental Respect
Clients
Goals: Credit restriction to companies: Expectation:
• To expand social and • Using child labor, slavery or • To contribute for the
environmental performance of alike; awareness of people and
our customers; • With activities related to
enterprises about the
• To development of social and gambling and prostitution; importance of the rational
environmental products - ABC utilization of natural resources
• Operating in the production or and of the respect towards the
Program - BNDES already marketing of substances
deployed; social environment and
threatening health and safety citizenship.
• Quality in business relationships. of people, animals and plants.
Social & Environmental Policy applied to credit
35

37. Sustainability and the Workforce
• Benefits: Safety, Health and Life Quality
• Training and Capabilities Development
• Scholarship Programs
• Trainee Program
• Leadership Development
• Policies and Code of Ethics
• Social Inclusion Initiatives
• Volunteer Program
• Social & Environmental awareness
• Sports Incentive
36

38. Sustainability and the Community
• Through partnerships with nongovernmental organizations, BI&P
invests in projects focused on education, culture, sports,
environment, entrepreneurship and income generation.
• The supported projects directly reach about 8,700 children, young
people and adults and indirectly reach 32,800 people, including
household members and community.
• Furthermore, Indusval Sustainability Institute is part of
RedEAmérica, an important network of institutes and foundations
that join private capital for grassroots development.
37

39. IN A NUTSHELL

40. We are consolidating our fundamentals
NEW CULTURE NEW STRUCTURE NEW POSITIONING
Deep knowledge of market
Strong and experienced
Strategic Vision variables and of our customers’
management and teams
businesses
The new headquarters and Broader product offer, tailor-
Development of edge and
investments in technology and made to meet the needs of our
expertise in certain business
systems provide more safety customers and the industries
chains where they operate
and efficiency
Development of effective
Constant pursuit of innovation Solid policies and enhanced
relationships with mid-sized and
and excellence operational procedures
large corporate customers
39

41. Highlights
Amounts in R$ million, unless otherwise stated
BALANCE SHEET 2010 2011 1H12 1Q12 2Q12
Credit Portfolio 1,876.9 2,269.6 2,395.6 2,385.6 2,395.6
Middle Market 1,538.5 1,571.8 1,266.7 1,500.8 1,266.7
Corporate 256.5 641.3 1,078.0 830.6 1,078.0
Other 1 81.9 56.5 51.0 54.2 51.0
Expanded Credi t Portfolio 2 1,941.2 2,534.4 2,807.1 2,759.1 2,807.1
Total Assets 3,276.1 4,278.3 4,966.5 4,583.0 4,966.5
Shareholders Equity 426.4 577.1 582.4 590.5 582.4
RESULTS 2010 2011 1H12 1Q12 2Q12
Financial Intermediation before ALL 190.2 170.6 110.4 50.8 59.6
3
ALL Expenses (49.0) (118.1) (37.0) (14.4) (22.6)
Service Fees 12.8 19.9 12.0 6.6 5.4
Personell and Operating Expenses (95.9) (122.1) (71.4) (35.9) (35.6)
Operating Result 41.6 (59.1) 15.3 9.3 6.0
Net Profit 29.0 (31.7) 7.5 5.0 2.4
1
Including Consumer Credit, Acquired Loans and Non-Operating Assets Sale Financing
2
Including Guarantees , Sureties, Leters of Credit, PN, debentures and agro bonds.
3
Including complementary allowance for loan losses.
40

42. Highlights
Amounts in R$ million, unless otherwise stated
PERFORMANCE 2010 2011 1H12 1Q12 2Q12
Leverage (Credit portfolio/ Equity) 4.6x 4.4x 4.8x 4.7x 4.8x
Basel ratio 17.6% 18.2% 17.0% 17.5% 17.0%
Return on average Equity 6.8% -6.3% 2.6% 3.5% 1.7%
Adjusted Net Financial Margin 6.6% 4.3% 5.3% 4.9% 5.8%
Efficiency Ratio 60.1% 76.3% 65.1% 68.1% 62.3%
STOCK 2010 2011 1H12 1Q12 2Q12
Number of Shares in Free Float1 (in thousand) 40,466 62,359 62,371 62,371 62,371
IOE paid 25.1 27.8 - - -
IOE paid per Share (R$) 0.61 0.53 - - -
Price/ Book Value 0.75x 0.73x 0.72x 0.91x 0.72x
Market Capitalization 321.7 420.9 417.3 536.4 417.3
1 Shares issued (-) Treasury Shares
41

43. Investor Relations Contact Information
Gil Faiwichow Banco Indusval S/A
Treasury VP and IRO Rua Iguatemi, 151 – 6th floor
Phone: (55 11) 3315-6821 01451-011 São Paulo – SP – Brazil
E-mail: gfaiwichow@bip.b.br Website: www.bip.b.br/ir
Maria Angela R. Valente Isabel Paiva e Sousa Oliveira
Head of IR IR Manager
Phone: (55 11) 3315-6821 Phone: (55 11) 3315-6677
E-mail: mvalente@bip.b.br E-mail: ipoliveira@bip.b.br
42