Apresentação parceria v7 eng

Qualidade da Carteira de Crédito* Inclui saldo da cessão com coobrigação.

PDD 70.649 62.331 13,3% 51.469 37,3%

Carteira (> 90 dias) 74.725 67.023 11,5% 56.151 33,1%

Carteira (> 180 dias) 46.820 38.475 21,7% 30.420 53,9%

Carteira Total* (a) 1.398.582 1.347.703 3,8% 1.330.658 5,1%

Índice de cobertura da carteira (PDD / > 90 dias) 94,5% 93,0% 1,5 p.p. 91,7% 2,9 p.p.

Índice de cobertura da carteira (PDD / > 180 dias) 150,9% 162,0% (11,1 p.p.) 169,2% (18,3 p.p.)

PDD / Carteira Total 5,1% 4,6% 0,5 p.p. 3,9% 1,2 p.p.

Créditos Baixados a Prejuízo (b)8.754 13.250 (33,9%) 7.856 11,4%

Nível de perda (b/a)0,6% 1,0% (0,4 p.p.) 0,6% 0,0 p.p.

4T09 x

4T08R$ 4T09 3T09

4T09 x

3T094T08

THE STRATEGIC PARTNERSHIP

INSURANCE

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Inadimplência SFNPF (>90 dias) = 7,8%PJ (>90 dias) = 3,8%

Inadimplência Paraná BancoConsignado (>90 dias) = 5,9%PME (>90 dias) = 0,8%

Nível de perda (b/a)0,6% 1,0% (0,4 p.p.) 0,6% 0,0 p.p.

This presentation contains references to and statements about expectations, planned synergies,

growth and result projections, as well as future strategies for ParanáBanco and its subsidiaries.

In spite of the fact that said references and statements reflect Management's beliefs, they are

subject to uncertainties and risks difficult to be anticipated. Thus, the actual results or

consequences may differ from those herein anticipated and discussed. These estimations are

highly dependent on the market conditions and overall economic performance of Brazil, the

Disclaimer

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highly dependent on the market conditions and overall economic performance of Brazil, the

insurance industry and international markets.

The operation herein described is still pending approval by SUSEP (Superintendência de Seguros

Privados, or Brazilian Private Insurance Authority).

Paraná Banco does not commit itself to updating any estimations herein.

JM SeguradoraJM Seguradora de

CréditoJM Resseguradora

About the Companies

Insurance Holding Company

• Although a non-operating company at

present, it has strategic value inasmuch

as it is an insurance company with its

own capital and SUSEP's

authorizations to operate in the

Property & Casualty segment.

• 40% of the surety bond market in Brazil (SUSEP - August 2010);

•Surety bond market leader in Latin America

• Over 30,000 clients throughout Brazil;

• 34.4% ROAE in 1H10

• Established in 2008;

• 37.7% share in the Brazilian financial risk market (includes surety bonds and

credit insurance);

• Local reinsurer;

• 15.1% ROAE in 1H10

• Currently accredited to operate in Latin America

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Great growth potential given the development of the Brazilian economy and infrastructure works.

�The surety bond market leader and the second largest US insurer in terms of

premiums issued;

�In 1H10, the company recorded gross retained premiums totaling US$ 486

million in the surety bond segment alone, and is one of the leading insurers in

this segment in the US market;

About the Companies

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this segment in the US market;

�Business segment: Corporate Insurance; financial, professional and

international; and Personal Insurance;

�Shareholders' equity of US$ 26.3 billion and net income of US$ 1.3 billion in

1H10.

�Over 32,000 employees worldwide;

�US$ 75 billion in investments.

Benefits

�Capitalization - R$ 625 million capital increase to strengthen the capital

structure and make the companies more solid;

�Brand – Joint use of a worldwide renowned and respected brand;

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�Know-how - Access to international expertise in Surety Bonds / Reinsurance /

Property and Casualty;

�Retention Capacity - Higher premium retention capacity owing to the capital

increase;

�Reinsurance Capacity – Increased reinsurance capacity and ability to do

business.

Strategies

�To strengthen Surety Bond operations in Brazil;

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�To implement Property and Casualty operations in Brazil;

�To implement a Surety Reinsurance platform in Latin America and seek for

new business opportunities;

Outline of the Operation

Structure

Agreement between Paraná Banco and Travelers Brazil Aquisition LLC to

secure an investment in JMalucelli Participações em Seguros e Resseguros

by means of a shareholding restructuring.

Travelers Brazil will subscribe a R$ 625 million capital increase in JMalucelli

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Operation

Value

Condition

Travelers Brazil will subscribe a R$ 625 million capital increase in JMalucelli

Participações em Seguros e Resseguros and hold 43.4% of the Company's

voting stock after the conclusion of this capital increase and payment of

dividends totaling R$ 110 million to Paraná Banco.

Approval by SUSEP (Superintendência de Seguros Privados, the Brazilian

Private Insurance Authority )

Current Shareholding Structure

JM Holding Others

50.2 % 49.8 %

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99.9 %

100%

New Shareholding Structure

JM Holding Others

50.2 % 49.8 %

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99.9 %

56.6% 43.4%

Thank you

Alexandre Malucelli – Deputy CEO of J Malucelli Seguradora's and CEO of

J Malucelli Resseguradora and J Malucelli Seguradora de Crédito's

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Cristiano Malucelli- Paraná Banco's Deputy CEO and Investor Relations Officer

For further information, please go to www.paranabanco.com.br/ri.

Apresentação parceria v7 eng

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