Purchase of Own Securities

Banco Comercial Portugues S.A.
29 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 :  2001-06-26

Quantity            Price
10.437        EUR  4,1700 
38.133        EUR  4,1800 
32.235        EUR  4,1900 
10.280        EUR  4,2000 
15.555        EUR  4,2100 
1.000         EUR  4,2300 
33.000        EUR  4,2400 

(Bolsa de Valores de Lisboa) Market       Cotacoes Oficiais      (X)
                                          Balcao                 ( )
Letter from Banco Comercial Portugues S.A.