FRN Variable Rate Fix

BANCO COMERCIAL PORTUGUES S.A.
                  

RE: BANCO COMMERCIAL PORTUGUES SA
    GBP 100,000,000.00
    MATURING: 14/Aug/2006
    ISSUE DATE: 14/Aug/2001
    ISIN: XS0133705912

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
15/Aug/2005 TO 14/Nov/2005 HAS BEEN FIXED AT 4.786250 PCT

DAY BASIS 91/365

INTEREST PAYABLE VALUE 14/Nov/2005 WILL AMOUNT TO:
GBP 1,193.28 PER GBP 100,000.00 DENOMINATION

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: [phone]/3855 OR FAX: [phone]