Banrisul‘s net income grows more than 43% till September

Bank registers year-to-date net income of R$511.4 million

Porto Alegre, November 8, 2010 - BANRISUL - Banco do Estado do Rio Grande do Sul (BM&FBovespa: BRSR3; BRSR5; BRSR6), financial institution that caters to the business, development and social needs of all segments of society in the State of Rio Grande do Sul and the South Region of Brazil, hereby informs that Banrisul posted net income of R$511.4 million in 9M10, 43.3% more than in the same period last year. Net income in the third quarter (3Q10) totaled R$206.4 million, 41.3% up year over year. The 3Q10 result corresponds to an annualized return of 24.5% on average shareholders’ equity.

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