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Itaúsa – Investimentos Itaú S.A. is a pure listed holding company organized for the purpose of supporting the companies in which it holds interest through the performance of studies, analyses and suggestions about operating policies and expansion projects, providing resources to assist the respective business needs and aiming at strengthening its position in the capital market and related segments.


Its principal subsidiaries are alto listed companies holding wide business participation in Brazil and worldwide. The head office of these companies, which operate in the manufacturing and financial sectors, as well as of Itaúsa, is located in the State of São Paulo. Duratex S.A., Elekeiroz S.A., Itaú Unibanco Holding S.A. and Itautec S.A. represent consolidated assets of R$616 billion and generate more than 117,000 direct jobs.


With 45 years of experience, Itaúsa was appointed by the U.S. "Fortune" magazine the 149th largest company in the world, in a list ranking the top 500 companies in terms of results disclosed until March 2009. The holding company was the Brazilian company that recorded the highest growth rate on the ranking, having risen 124 positions compared with 2008.

Alternatives to expand its operations in the financial and industrial markets will always be considered. However, any opportunities, however attractive, will be rigorously evaluated and their risks will be considered, especially regarding their business, their market and the country in which they are located.

In the industrial area, Duratex manufactures wood panels. Its Deca brand produces metal and bathroom fittings. Duratex is the largest manufacturer of metal and wood panels in the Southern Hemisphere, and the absolute leader in the Brazilian market. It has production units in the Northern, Southern and Southeastern regions of Brazil, and owns commercial offices in the United States and Belgium, in addition to a small metal fittings industrial unit located in Argentina.

Elekeiroz, a manufacturer of intermediary chemical products for other companies, is South America's only integrated producer of Octyl Alcohols, Maleic and Phthalic Anhydride, Plasticizers and 2-Ethylhexagonic Acid. In its 115 years of existence, the company has been a pioneer in producing various chemicals in Brazil. Its industrial activities are developed in two strategic locations: Camaçari (State of Bahia), Brazil's largest petrochemical hub; and Várzea Paulista (State of São Paulo), next to the country's largest consumer market for industrial inputs.

Itautec is a 100% Brazilian-owned company. Founded 30 years ago, it owns the 10th largest installed base of automated-teller machines (ATMs) in the world and the second largest in Latin America, according to Retail Banking Research1, and has its own network for technical assistance in information technology, which is the largest in Brazil. The company's technological solutions supply the corporate and household markets and are present, through Itautec's subsidiaries, in North America, Latin America and Europe.

In the financial sector, the holding controls Itaú Unibanco Holding S.A., the largest financial conglomerates in the Southern Hemisphere in assets. According to Bloomberg, the institution's market value as of December 31, 2009 was US$104.4 billion, and it ranked ninth among the world's largest banks. In 2009, the bank was present in 1,100 cities throughout Brazil. The bank's services network comprises approximately 4,900 branches and customer site branches, in addition to more than 30,000 ATMs installed in all regions of Brazil. It also operates abroad, with branches and offices in the Americas, Europe and Asia, being present in 12 countries.

The sustainable operations of the holding and its subsidiaries were recognized for their inclusion in the Dow Jones Sustainability World Index (DJSI). Itaúsa was classified in six modalities of the index, and was appointed as leading financial services company in sustainability for the third consecutive year. Besides Itaúsa, other seven Brazilian companies appeared in the 2009/2010 edition of the index, two of which also belong to the group: Itaú Unibanco Holding S.A. and Redecard. Itaú Unibanco, in turn, is the only Latin-American bank to compose the index since its creation in 1999, thus, for ten consecutive years.

In the past six years, Itaúsa has supported the Bolsa de Valores Sociais (Social Stock Exchange) project in Brazil. The initiative brings together the largest national companies listed on the BM&FBovespa Stock Exchange.

1 Retail Banking Research is an internationally recognized organization conducting research studies on bank automation and systems development for more than 30 years.