UBB Unibanco-Uniao DE Bancos Bra

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UNIBANCO – UNIÃO DE BANCOS BRASILEIROS S.A.

CORPORATE TAXPAYERS ENROLLMENT No. 33.700.394/0001 -40
REGISTRY OF COMMERCE ENROLLMENT No. 35.300.102.771

PUBLICLY-HELD COMPANY

SUMMARY MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS OF UNIBANCO – UNIÃO DE BANCOS BRASILEIROS S.A., HELD ON NOVEMBER 27 ^th , 2008.

VENUE AND TIME: Eusébio Matoso Avenue, 891, 22 ^nd floor, in the city of São Paulo, State of São Paulo, at 9:30 a.m.

CHAIRMAN: Pedro Sampaio Malan.

QUORUM: More than a half of the elected members.

RESOLUCTION UNANIMOUSLY TAKEN:

Elected to the Board of Officers, with term of office until the investiture of the members to be elected by the Board of Directors in a meeting to be held until April 30 ^th , 2009, Messrs.: (i) Officer: (i.1) MAURICIO ROORDA , Brazilian citizen, married, engineer, bearer of Identity Card RG N. 778.562 -3 II-PR and enrolled with the Individual Taxpayers’ Registry (CPF) under N. 040.910.698 -43, domiciled in the city of São Paulo, State of São Paulo, at Eusébio Matoso Avenue, 891 - 14 ^th floor; (ii) Deputy Officers : (ii.1) SERGIO SOUZA FERNANDES JUNIOR Brazilian citizen, single, lawyer, bearer of Identity Card RG N. 4.008.519.301 SSP-RS and enrolled with the Individual Taxpayers’ Registry (CPF) under N. 620.786.740 -87, domiciled in the city of São Paulo, State of São Paulo, at Eusébio Matoso Avenue, 891 - 7 ^th floor and (ii.2) LAVINIA MORAES DE ALMEIDA NOGUEIRA JUNQUEIRA , Brazilian citizen, single, lawyer, bearer of Identity Card RG N. 26.662.136 -3-SSP-SP and enrolled with the Individual Taxpayers’ Registry (CPF) under N. 269.993.118 -70, domiciled in the city of São Paulo, State of São Paulo, at Eusébio Matoso Avenue, 891 - 7 ^th floor.

São Paulo, November 27 ^th , 2008. Authorized Signatures: Pedro Sampaio Malan, Pedro Moreira Salles, Francisco Eduardo de Almeida Pinto, Guilherme Affonso Ferreira, João Dionísio Filgueira Barreto Amoêdo, Joaquim Francisco de Castro Neto, Israel Vainboim and Vicente Falconi Campos.

São Paulo, November 27 ^th , 2008.

_____________________________ ______________________________

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	UNIBANCO - UNIÃO DE BANCOS BRASILEIROS S.A.
	By:		/s/ Geraldo Travaglia Filho
			Geraldo Travaglia Filho
			Investor Relations Officer

 

This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.

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