Purchase of Own Securities

Banco Comercial Portugues S.A.
25 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 on 40.043  (registar no.)
                  Pessoa Colectiva No. 501 525 882             (company i.d.)
  
  
Transaction            PURCHASE 

Securities :           BCP Registered ordinary shares 

Date of Transaction :  2001-06-20

                       Quantity                      Price

                       70.373     (70,373)     EUR   4,2700    (4.2700)
                      108.259    (108,259)     EUR   4,2800    (4.2800)
                       86.010     (86,010)     EUR   4,2900    (4.2900)

  
Market                 Cotacoes Oficiais      (X)

From Banco Comercial Portugues