SAO PAULO, Brazil, Nov. 18 /PRNewswire-FirstCall/ -- We wish to inform our Stockholders that at a meeting of the Board of Directors of Banco Itau Holding Financeira S.A. (NYSE: ITU) held on November 17 2008, it was decided to assign the interest on capital provisioned in the audited financial statements dated September 30, 2008, allocated to the amount of mandatory dividend for the year 2008, as follows:

    1) on account of the provisioned amount, the stockholders have already
       received on November 3, 2008 a monthly anticipation of dividends
       equivalent to R$ 0.012 per share (based upon the stockholding position
       dated September 30, 2008) and shall receive on December 1, 2008 another
       part of dividends equivalent to R$ 0.012 per share (based upon the
       stockholding position dated October 31, 2008), as per method
       established by the company; and
    2) to pay, on January 30, 2009, the balance equivalent to R$ 0.38965 per
       share, as interest on capital, less withholding income tax of 15%,
       which shall result in a net interest equivalent to R$ 0.33120 per
       share, not considered in such withholding corporate stockholders
       evidencing immunity or exemption thereto, which shall have as base date
       to determine the right to receive the relevant interest:
       a) in Brazil, the final stockholding position on November 21, 2008; as
          of November 24, 2008 the shares shall be traded ex rights to such
          interest;
       b) in the United States of America, the date November 26, 2008 shall be
          considered as 'Record Date' to comply with the obligations
          undertaken in the ADRs program held by the company; as of November
          24, 2008 the ADRs shall be traded ex rights to such interest.
                      Banco Itau Holding Financeira S.A.
    Alfredo Egydio Setubal
    55-11 5019 1549
    Investor Relations Officer

SOURCE Banco Itau Holding Financeira S.A.