Purchase of Own Securities

Banco Comercial Portugues S.A.
27 June 2000



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
          Rua Julio Dinis, 705/719, Porto
          Capital social: 1.808.038.871 Euros            (registered capital)
          Matriculada na C.R.C. do Porto sob o no 40.043 (registar no.)
          Pessoa Colectiva No 501 525 882                (company i.d.)

Transaction:        PURCHASE
         
Securities:         Accoes BCP Nominativas (BCP AM); BCP Registered ordinary    
                   shares

Date of Transaction:   2000-06-27


Quantity                           Price

121.628.180   (121,628,180)        EUR    5,1458        (5.1458)



FROM  BANCO COMERCIAL PORTUGUES, S.A.
      INVESTOR RELATIONS DIVISION