Fitch Affirms Ratings of the 3 Largest Brazilian Private Banks

(The following statement was released by the rating agency)

NEW YORK/SAO PAULO, September 01 (Fitch) Fitch Ratings has

affirmed the ratings

of the three largest private sector Brazilian banks:

--Itau Unibanco Holding S.A. (Itau Unibanco Holding) and

subsidiary Itau

Unibanco S.A. (Itau Unibanco)

--Banco Bradesco S.A. (Bradesco)

--Banco Santander Brasil S.A. (Santander Brasil) and subsidiary

Santander

Leasing S.A. Arrendamento Mercantil (Santander Leasing)

A full list of the rating actions is p

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