Mercantil do Brasil Financeira S. A announced consolidated and parent earnings results for the nine months ended September 30, 2012. For the period, on parent company basis, the company reported financial income of BRL 1,702,752,000 compared to BRL 1,477,086,000 for the same period a year ago. Operating income was BRL 66,798,000 compared to BRL 68,407,000 for the same period a year ago. Income before taxes and profit sharing was BRL 59,226,000 compared to BRL 52,605,000 for the same period a year ago. Net profit was BRL 40,990,000 or BRL 0.96447 per share compared to BRL 80,817,000 or BRL 2.28297 per share for the same period a year ago. Net cash arising from operating activities was BRL 672,763,000 compared to BRL 725,641,000 for the same period a year ago. Amount spent on acquisition of property and equipment in use was BRL 15,476,000 compared to BRL 17,661,000 for the same period a year ago. For the period, on consolidated basis, the company reported financial income of BRL 1,785,793,000 compared to BRL 1,507,509,000 for the same period a year ago. Operating income was BRL 91,933,000 compared to BRL 66,771,000 for the same period a year ago. Income before taxes and profit sharing was BRL 85,072,000 compared to BRL 51,182,000 for the same period a year ago. Net profit was BRL 47,934,000 compared to BRL 71,307,000 for the same period a year ago. Net cash arising from operating activities was BRL 676,294,000 compared to BRL 800,168,000 for the same period a year ago. Amount spent on acquisition of property and equipment in use was BRL 15,507,000 compared to BRL 20,297,000 for the same period a year ago. Amount spent on acquisition of leasing property and equipment was BRL 2,945,000 compared to BRL 5,717,000 for the same period a year ago. Annualized return on average equity was 8% compared to 16% for the same period a year ago.

Mercantil do Brasil Financeira S. A announced parent and consolidated earnings results for the six months ended June 30, 2011. For the six months, on parent basis, the company reported operating income of BRL 40,545,000 against BRL 214,685,000 a year ago. Income before taxes and profit sharing was BRL 24,426,000 against BRL 201,736,000 a year ago. Net profit was BRL 61,963,000 against BRL 120,891,000 a year ago. Net cash from operating activities were BRL 50,814,000 against BRL 57,618,000 a year ago. Net income per share was BRL 1.75037 against BRL 3.415000 a year ago. For the six months, on consolidated basis, the company reported operating income of BRL 49,848,000 against BRL 219,916,000 a year ago. Income before taxes and profit sharing was BRL 33,827,000 against BRL 207,469,000 a year ago. Net profit was BRL 61,577,000 against BRL 120,891,000 a year ago. Net cash from operating activities were BRL 45,348,000 against BRL 45,348,000 a year ago.