Holding in Company

Banco Comercial Portugues S.A.
26 December 2001


ANNOUNCEMENT OF ACQUISITION OF BCP SHARES BY CAIXA GERAL DE DEPOSITOS FROM 
COMPANHIA DE SEGUROS MUNDIAL CONFIANCA


Lisbon, December 26, 2001 -- In accordance with article 17 of the Portuguese 
Securities Code, Banco Comercial Portugues (BCP, NYSE:  BPC, BCPPRA) informs 
that on December 21, 2001 Caixa Geral de Depositos, S.A. acquired 139.602.893 
shares of Banco Comercial Portugues, S.A., from Companhia de Seguros Mundial 
Confianca, S.A., in the German stock market, which corresponds to 6% of the 
share capital.

Caixa Geral de Depositos, S.A., which holds indirectly 100% of the share capital
of Companhia de Seguros Mundial Confianca, S.A. continues to hold a total stake 
of 8.385% of the share capital of Banco Comercial Portugues, S.A. with 6% held 
directly and the remaining 2.385% held through the Companhia de Seguros Mundial 
Confianca S.A.