Purchase of Own Securities

Banco Comercial Portugues S.A.
27 June 2001


Letter to Company Announcements Office

Ref.:        Notification of transactions of own shares

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

Company                Banco Comercial Portugues,S.A. 
                       Sociedade Aberta 
                       Praca D. Joao I, 28, Porto
                       2.326.714.877 Euros         (registered capital)         
                       40.043                      (registar no.) 
                       501 525 882                 (company i.d.)

Transaction            PURCHASE 

Securities :           BCP Registered ordinary shares 
Date of Transaction :  2001-06-22

Quantity               Price
(320,648)              EUR (4.2500)

(Bolsa de Valores de Lisboa) Market       Cotacoes Oficiais      (X)
                                          Balcao                 ( )


Letter from Banco Comercial Portugues