Transaction of Own Shares

Banco Comercial Portugues S.A. 29 December 1999 Letter to Company Announcements Office 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 Rua Julio Dinis, 705/719 Registered Capital: 1.000.000.000 Euros Matriculada na C.R.C. do Porto sob o no 40.043 (registrar no.) Company i.d. No 501 525 882 Transaction Sale Securities: BCP Registered ordinary shares Date of Transaction: 99-12-29 Quantity Price 10.000.000 (10,000,000) EUR 5,43 (5.43) Letter from Banco Comercial Portugues