Banco Comercial Portugues

M&A Activity • Jun 8, 2017

BANCO POPULAR PORTUGAL, S.A. Head Office: Rua Ramalho Ortigão, 51, Lisboa Registered in the Lisbon Commercial Registry Office under the sole Commercial Registration and Tax Payer number: 502 607 084 Share Capital: 513.000.000 Euros

MATERIAL INFORMATION

Banco Popular Portugal, S.A. informs that, in a press release dated 8 june 2017 and following the resolution and sale of Banco Popular Español, S.A. to Banco Santander, S.A., DBRS announced the upgrade on its long term rating from "B" to "BBB (high)", with "stable" trend, and its short term rating from "R-4" to "R-1 (low)", with "stable" trend.

Lisbon, 8 th June 2017

BANCO POPULAR PORTUGAL, S.A.