BUENOS AIRES, Argentina, Feb. 19 /PRNewswire-FirstCall/ -- Banco Macro S.A. (NYSE: BMA; Buenos Aires: BMA) ("Banco Macro" or "BMA") announced today its results for the fourth quarter period and for the year ended December 31, 2007 ("4Q07"). All figures are in Argentine pesos (Ps.) and have been prepared in accordance with Argentine GAAP.



    SUMMARY
    -- The Bank's net income totalled Ps.168.7 million.  This result was 92%,
       or Ps.80.7 million, higher than 3Q07's Ps.88.0 million. The annualized
       4Q07 ROAE and ROAA reached 26.2% and 3.5%, respectively.  FY2007 net
       income amounted to Ps.495.2 million, or Ps.71 million (17%), above
       FY2006 net income of Ps.424.3 million.
    -- Banco Macro's 2007 operating result of Ps.545.4 million climbed
       Ps.138.1 million, or 34%, compared to 2006's operating result of
       Ps.407.3 million.
    -- The Bank's net interest income was Ps.358.7 million, increasing 54%
       quarter on quarter ("QoQ"), on the back of higher bonds' and loans'
       interest income.
    -- Banco Macro's financing to the private sector also showed an attractive
       growth of 8% QoQ, or Ps.742.7 million and 63% YoY, or Ps.3.83 billion.
       Personal loans, which represent a strategic product for the Bank, once
       again led private loan portfolio growth. This product grew 16% QoQ and
       124% YoY.
    -- Total deposits picked up 1% QoQ, or Ps.118.6 million, totalling
       Ps.13.6 billion and represented 80% of the Bank's liabilities. The
       highest growth in private sector funding was in sight deposits (current
       accounts, 10%, and saving accounts, 7%).
    -- Banco Macro continued showing a strong solvency ratio, with an excess
       capital of Ps.1.81 billion (26.8% capitalization ratio). In addition,
       the Bank's liquid assets remained at a high level, reaching 55.1% of
       total deposits.
    -- In 4Q07, Banco Macro's PDLs to total loans ratio was 1.53% and the
       coverage ratio reached 164.3%.

A longer version of this press release with detailed information is available on our web site: http://www.macro.com.ar

QUARTERLY CONFERENCE CALL

A conference call to discuss this press release will be held the day after tomorrow, February 21, 2008 at 3:00 p.m. Buenos Aires time (12:00 a.m., EST), with the presence of Jorge Pablo Brito (Member of the Executive Committee), Guillermo Stanley (Board Member), Guillermo Goldberg (Deputy General Manager) and Jorge Scarinci, (Financial and Investor Relations Manager). Dial in information:



                       (877) 852-6561 (Within the U.S.)
                      (719) 325-4748 (Outside the U.S.)
                            Conference ID: 4798375

    In Buenos Aires:
    Jorge Scarinci, CFA
    Head of Investor Relations and Finance Manager
    Tel: +5411-5222-6730
    E-mail: investorelations@macro.com.ar
    Visit the Bank's website at http://www.macro.com.ar

SOURCE Banco Macro S.A.