SAO PAULO, Brazil, Aug. 16 /PRNewswire-FirstCall/ -- Banco Itau Holding Financeira S.A. issues the following: 1. At this moment of significant volatility in capital markets, and in line with the best practices of information disclosure and Corporate Governance, Banco Itau Holding Financeira S.A. ("Itau") and its controlled / affiliated companies hereby inform that they have not made or recorded in their books any credit operations in "subprime" market (loans or investments in high-risk housing credits in the United States or any other countries) and structured operations known as "CDOs" (Collateralized Debt Obligation), which consist of securitization of assets portfolio which could include loans to "subprime" market. We also inform that the values associated with the bridge loans for issue of shares are immaterial. 2. We emphasize that assets referred to above are not part of the Holding Investment Policy, the execution and implementation of which is strictly supervised by our Internal Control and Risk Management sectors. 3. This information is consistent with Itau's strategy of relationship with the capital markets, is transparent and makes the shareholders aware of their operations. ALFREDO EGYDIO SETUBAL Investor Relations Officer CONTACT: Fernando Macedo or Gerardo Soares 5511-5019-1549 DATASOURCE: Banco Itau Holding Financeira S.A. CONTACT: Fernando Macedo or Gerardo Soares, both of Banco Itau Holding Financeira, +011-5511-5019-1549 Web site: http://www.itau.com/

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