Purchase of Own Securities

Banco Comercial Portugues S.A.
22 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:

Company        BCP Finance Company
               100% controlled by
               Banco Comercial Portugues, S.A.
               Sociedade Aberta
               Rua Julio Dinis, 705/719 Porto
               Registered Capital: 2.101.562.549 Euros 
               Registar No:   40 043
               Company ID: 501 525 882  

Transaction    PURCHASE

Securities:    BCP Registered ordinary shares

Date of 
Transaction:   2001-02-21

               Quantity               Price
          
               3,584                  EUR 5.50


LETTER FROM: BANCO COMERCIAL PORTUGUES