Semester Report - Second Half 2006

Dear stockholders, clients, vendors, social partners, and related: We hereby present to you our financial statement corresponding to year 2006, a year we closed with excellent news for all. We are pleased to inform that Banesco Banco Universal held the first place within the ranking of the Venezuelan financial system in regards to managed third-party-resources (FAOV in Spanish, third-party investments and deposits), with a figure equivalent to the 16.3% from the total of funds manager by the commercial and universal bank of the country, which represents Bs. 26,5 trillions.