Purchase of Own Securities

Banco Comercial Portugues S.A.
9 December 2002

LETTER TO RNS

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)
                            No. 40.043                      (registar no.)
                            No. 501 525 882                 (company i.d.)

     Transaction:           SALE

     Securities:            BCP Registered ordinary Shares
                   
     Date of Transaction:   2002-12-06

                    Quantity           Price

                   7.643.633     EUR  2,7600
           

                      Market          Balcao
    
LETTER FROM BANCO COMERCIAL PORTUGUES, S.A.



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