Preliminary Earnings Results until the Month of November of 2010

Porto Alegre, January 6, 2011 - BANRISUL - Banco do Estado do Rio Grande do Sul (BM&FBovespa: BRSR3; BRSR5; BRSR6), financial institution that acts in the commercial, development and social areas of all segments of society in the state of Rio Grande do Sul, hereby announces its preliminary earnings results until the month of November of 2010 (11M10).

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