Purchase of Own Securities

Banco Comercial Portugues S.A.
1 August 2000


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:

Company     BCP Empresas, SGPS, Lda
            Av. Jose Malhoa, Lote 1686
            Capital social: 7.728.000.000 Escudos          (registered capital)
            Matriculada na C.R.C de Lisboa sob o no. 5.151 (register no.)
            Pessoa Colectiva No 503 399 930                (company i.d.)

Transaction PURCHASE 

Securities: BCP Registerd ordinary shares

Date of 
Transaction 2000-08-01

Quantity    (121,628,180)

Price       EUR 5,69 (5.69)

Market      Cotacoes Oficiais   ( X )
            Balcao


LETTER FROM: BANCO COMERCIAL PORTUGUES