Own Securities Transaction

Banco Comercial Portugues S.A.
15 February 2001


Letter to: Company Announcements Office

Notification of transactions of own shares

We advise that the company mentioned below has done a transaction as per the
following terms:

Banco Comercial Portugues, S.A.
Sociedade Aberta
Rua Julio Dinis, 705/719
Capital social: 2.101.562.549 Euros                (registered capital)
Matriculada na C.R.C. do Porto sob o no 40.043     (registar no.)
Pessoa Colectiva No 501 525 882                    (company i.d.)

Transaction: Sale

Securities:  Accoes BCP Nominativas (BCP AM); BCP Registered ordinary shares

Date of Transaction:  2001-02-15

Quantity                                   Price
(25,004,290)                               (5.68)

Letter from: Banco Comercial Portugues