December 16, 2011

Federal Reserve Board approves proposal by Banco do Brasil, S.A.

For immediate release

The Federal Reserve Board on Friday announced its approval of the application by Banco do Brasil, S.A., Brasilia, and Caixa de Previdência dos Funcionarios do Banco do Brasil, Rio de Janiero, all of Brazil, to acquire EuroBank, Coral Gables, Florida.

Attached is the Board's Order relating to this action.

For media inquiries, call 202-452-2955.

Last Update: December 16, 2011