New Share Trading

Banco Comercial Portugues S.A.
08 April 2003


Lisbon, April 8, 2003

Banco Comercial Portugues announces that, following the registration of the
rights issue with the Portuguese Commercial Registry on Friday, April 4, the new
930,685,950 shares are accepted for trading on the official market of Euronext
Lisbon today.  Therefore, the entire share capital of Banco Comercial Portugues,
represented by 3,257,400,827 ordinary shares is now traded on Euronext Lisbon.

The acceptance for trading completes the rights issue process, which had the
following results:

- Rights Issue:                                 930,685,950 shares
- Shares issued pursuant to 
  proportional rights:                          915,578,119 shares
- Applications pursuant to 
  oversubscription rights:                      2,511,763,534 shares (*)
- Total application (proportional and 
  oversubscription rights):                     3,427,341,653 shares

Total applications represented 368% of the rights issue.

_________

(*) Note: excluding the applications for oversubscription rights that
individually exceeded the amount of the rights issue, the total of number of
shares applied for pursuant to the oversubscription rights was 511,763,534.
Considering this figure, the total number of shares applied for pursuant to the
proportional and oversubscription rights was 1,427,341,653 shares, which
corresponds to 153% of the rights issue.

Banco Comercial Portugues.


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