Rule 12g3-2(b) Exemption # 82-35186
On July 15th of two thousand and ten, at 10 a.m., at Banco do Brasil Headquarters, on Setor Bancário Sul, Quadra 1, Bloco G, 24º andar, Asa Sul - Brasília (DF), with Mr. Nelson Henrique Barbosa Filho as Chairman, Banco of Brasil Board of Directors’ Ordinary Meeting (CNPJ: 00.000.000/0001-91; NIRE: 5330000063-8) was held in the presence of the Directors Aldemir Bendine (Vice-Chairman), Adriana Queiroz de Carvalho, Bernardo Gouthier Macedo, Francisco Gaetani, Henrique Jäger and Sérgio Eduardo Arbulu Mendonça. Were also present Mr. Orival Grahl, Legal Director and Mr. Marco Antonio Ascoli Mastroeni, Strategy and Operations Director.
The Board of Directors decided:
1. To approve (...)
2. To homologate:
a) The dispatch of the Chairman, from 06.25.2009, ad referendum of the Board of Directors, to approve the election of Mr. Geraldo Afonso Dezena da Silva, qualified as follows, to act as Vice-President of Technology and Logistics, to fulfill the 2007/2010 term, due to the resignation of Mr. José Luís Prola Salinas, on the same date.
GERALDO AFONSO DEZENA DA SILVA, Brazilian, married, administrator, resident and domiciled at SQN 111, bloco D, apto. 203, Asa Norte, Brasília (DF), CPF 775.575.068-04 and ID Card 8583190-6 issued on 07.31.1994 by the Secretariat for Public Security of São Paulo.
b) The dispatch of the Chairman, from 07.07.2009, ad referendum of the Board of Directors, to approve, aimed at avoidance of the Director of Distribution – Dired, Risk Management – Diris and Technology – Ditec, (i) the election of Mr. Sandro José Franco to Business Suport and Operations Directorship, Clenio Severio Teribele to Micro and Small Business Directorship, Gueitiro Matsuo Genso to Consumer Lending and Finance Directorship and Luiz Henrique Guimarães de Freitas to Technology Directorship, qualified as follows and to fulfill the 2007/2010 term and; (ii) the reallocation of the directors Joel de Abreu Lazarin from Micro and Small Business Directorship to Distribution Directorship; Paulo Roberto Evangelista de Lima from Internal Controls Directorship to Risk Management Directorship and Nilson Martiniano Moreira from Consumer Lending and Finance Directorship to Internal Controls Directorship:
SANDRO JOSÉ FRANCO, Brazilian, married, administrator, resident and domiciled at SHS, quadra 6, conjunto A, bloco B, lotes 1 a 11, Edifício Brasil XXI, apartamento 1102, Brasília (DF), CPF 529.739.729-49 and ID Card 1195891 issued on 09.16.1997 by the Secretariat for Public Security of Santa Catarina.
CLENIO SEVERIO TERIBELE, Brazilian, married, administrator, resident and domiciled at Rua Carlos Trein Filho, 985, apartamento 602, Bairro Bela Vista, Porto Alegre (RS), CPF 281.432.720-87 and ID Card 8010562612 issued on 01.29.2009 by the Secretariat for Public Security of Rio Grande do Sul.
GUEITIRO MATSUO GENSO, Brazilian, legally separated, administrator, resident and domiciled at SHN, Quadra 1, Área Especial A, bloco C, Edifício Biarritz Apart Hotel, apartamento 1902, Brasília (DF), CPF 624.201.519-68 and ID Card 53.880.494-4 issued on 11.17.2009 by the Secretariat for Public Security of São Paulo.
LUIZ HENRIQUE GUIMARÃES DE FREITAS, Brazilian, married, mathematical, resident and domiciled at Área Condomínio Vivendas Bela Vista, lote 26, módulo L, Grande Colorado, Sobradinho (DF), CPF 350.319.726-53 and ID Card M1.485.564 issued on 12.15.1977 by the Secretariat for Public Security of Minas Gerais. Registering that the elected meets the statutory and legal requirements.
c) The dispatch of the Chairman, from 06.30.2010, ad referendum of the Board of Directors, to approve the reappointment of members of the Audit Committee, José Rozo Danube, José Gilberto Jaloretto, Celene Carvalho de Jesus (Incumbents) and Arno Meyer (Alternate), valid until 08.31.2010.
3 To declare awareness of: (...)
And there being nothing else to be deal with, the Chairman concluded the meeting, of which I (signed) Luiz Cláudio Ligabue, Secretary, had these minutes drawn up in summary form, which have read and found in accordance, are signed for the present Directors.
Signed) Nelson Henrique Barbosa Filho, Aldemir Bendine, Adriana Queiroz de Carvalho, Bernardo Gouthier Macedo, Francisco Gaetani, Henrique Jäger and Sérgio Eduardo Arbulu Mendonça.
THIS DOCUMENT IS A TRUE COPY TRANSCRIBED FROM THE APPROPIATE BOOK