OREANDA-NEWS. March 31, 2011. Banco Industrial e Comercial S.A. (BICBANCO) (BM&FBOVESPA: BICB3 and BICB4) announces that it has published on March 30, 2011, the consolidated financial statements related to 2010 results, prepared in accordance with international accounting standards, namely, the International Financial Reporting Standards (IFRS), as issued by the International Accounting Standards Board (IASB), and in compliance with the Law No. 11.638/07, CVM Instructions 457/07 and 485/10, as well as the CPC pronouncements.

BICBANCO's financial statements by the IFRS and the conciliation of the Shareholders' Equity and Net Income of 2010 and 2009 have been fed with the CVM and made available in the Bank's Investor Relations website (www.bicbanco.com.br/ir), along with the discussion of the man adjustments resulting from the adoption of the international accounting standard.