Share Transactions

Banco Comercial Portugues S.A.
10 July 2001



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.

                      2.326.714.877 Euros    (registered capital)
                      no 40.043              (registar no.)
                      501 525 882            (company i.d.)

Transaction           SALE 
                       
Securities:           BCP Registered ordinary shares 

Date of Transaction:  2001-07-05

                      Quantity       Price

                      100.000   EUR  4,6500
                      120.000   EUR  4,6400