6-K

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6-K

Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934

For the month of June 2007

Commission File Number: 001-15276

Banco Itaú Holding Financeira S.A.
(Itau Holding Financing Bank S.A.)
(Translation of Registrant’s Name Into English)

Praça Alfredo Egydio de Souza Aranha, 100-Torre Itaúsa
04344-902 São Paulo, SP, Brazil
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F:   ý      Form 40-F:   o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T
Rule 101(b)(1):

Yes:  o      No:  ý

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T
Rule 101(b)(7):

Yes:  o      No:  ý

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes:  o      No:  ý

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):
82-___________________.

SIGNATURES

             Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Banco Itaú Holding Financeira S.A.               (Registrant)
Date:  June 1, 2007	By:	/s/ Alfredo Egydio Setubal           Name:   Alfredo Egydio Setubal Title:     Investor Relations Officer
	By:	/s/ Silvio Aparecido de Carvalho           Name:   Silvio Aparecido de Carvalho Title:    Chief Accounting Officer

EXHIBIT INDEX

99.1 Announcement to the Market — Renewal of Services Contract with the State of Rio de Janeiro.

 

EX-99.1

Banco Itaú Holding Financeira S.A.

A Publicly Listed Company CNPJ. 60.872.504/0001-23

Announcement to the Market

Renewal of Services Contract with the state of Rio de Janeiro

1. Banco Itaú Holding Financeira S.A. (ITAÚ HOLDING) announces that has amended until 12/31/2011 the Services Contract with the state of Rio de Janeiro for the payment of all active and inactive civil servants, collection and distribution of tax payments, payments to suppliers of goods and services on behalf of the State, its representative organs and entities.

2. The amendment provides for the disbursement of R$ 750 million in cash.

3. In accordance with the Brazilian accounting principles and in line with current practice, this payment will be recognized in the results proportionally over the tenor of the contract.

4. For the Bank, this operation translate into the maintenance of about 460 thousand civil servant customers from the state of Rio de Janeiro (with the 2^nd largest GDP in Brazil).

5. The State, state civil servants, suppliers of goods and services, the municipalities and the entire population of the state of Rio de Janeiro, will continue to enjoy the convenience of Itaú’s services through its 324 branches (the largest branch network in the state), together with 2,000 ATMs and differentiated financial services.

6. This operation is consistent with the allocation of capital of ITAÚ HOLDING for businesses which create stockholder value, together with the Bank’s vision of sustainability and reaffirming its confidence in the future of Brazil.

São Paulo, May 31, 2007.

ALFREDO EGYDIO SETUBAL

Investor Relations Officer