BANCO GNB SUDAMERIS S.A.

Offer to Purchase

Any and All of the Outstanding
U.S.$250,000,000 Aggregate Principal Amount of
7.5% Subordinated Notes due 2022
(CUSIP Nos. 059593 AA1 / P1265V AA0)

Notes

CUSIP and ISIN Number(s)

Principal Amount Outstanding


7.50% Subordinated Notes due 2022


CUSIP: 059593 AA1/P1265V AA0
ISIN: US059593AA15/USP1265VAA00


U.S.$ 250,000,000

To view copies of the Tender Offer documents please click on the links below:

Offer to Purchase

Letter of Transmittal

Notice of Guaranteed Delivery

Launch Press Release

Any questions regarding the terms of the Tender Offer may be directed to the Dealer Managers and requests for additional copies of this Offer to Purchase and the Letter of Transmittal may be directed to the Information Agent at their respective telephone numbers and locations listed below. You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Tender Offer.

The Information and Tender Agent for the Offer is:

D.F. KING & CO., INC.

D.F. King & Co., Inc.
48 Wall Street — 22nd Floor
New York, New York 10005
United States of America
Attention: Michael Horthman
Banks and Brokers Call Collect: (212) 269-5550
All Others Call Toll-Free: (800) 967-7510
Email: gnb@dfking.com

By Facsimile Transmission (for Eligible Institutions only):
(212) 709-3328
Attention: Michael Horthman
To confirm receipt of facsimile by telephone:
(212) 232-3233

The Dealer Managers for the Offer are:

Credit Suisse Securities (USA) LLC

Eleven Madison Avenue
New York, New York 10010
Attn: Liability Management Group

Collect: +1 (212) 538 2147
Toll Free: +1 (800) 820-1653

Goldman Sachs & Co. LLC

200 West Street
New York, New York 10282
Attn: Liability Management Group

Collect: +1 (212) 357-1452
Toll-Free: +1 (800) 828-3182
Email: GS-LM-NYC@gs.com