Purchase of Own Securities

Banco Comercial Portugues S.A.
22 June 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      Banco Comercial Portugues, S.A.
             Sociedade Aberta
             Praca D. Joao I, 28, Porto
             Capital social: 2.326.714.877 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   PURCHASE 

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

Date of Transaction;  2001-06-19

Quantity             Price
(26,200)             EUR  (4.3000)

Market               Cotacoes Oficiais      (X) 


LETTER FROM: BANCO COMERCIAL PORTUGUES, S.A.