Purchase of Own Securities

Banco Comercial Portugues S.A.
28 June 2001

Letters 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 :  2001-06-25

Quantity             Price
  (4,683)     EUR  (4.1700) 
(239,731)     EUR  (4.1800) 
(173,810)     EUR  (4.1900) 
(255,482)     EUR  (4.2000) 
(385,075)     EUR  (4.2100) 
  (8,275)     EUR  (4.2200) 

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



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            SALE 

Securities :           BCP Registered ordinary shares 

Date of Transaction :  2001-06-25

Quantity             Price
(103,373)     EUR  (0.0000)*

Free distribution of shares to BCP employees as approved at the Shareholders
General Meeting of March 26 2001.

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




Letters from Banco Comercial Portugues