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Banco Comercial Portugues

Capital/Financing Update Feb 9, 2017

1913_iss_2017-02-09_6cdc7a54-ab13-4986-b345-1e15c6b7dcfe.pdf

Capital/Financing Update

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ANNOUNCEMENT Reuters>bcp.Is Exchange>BCP Bloomberg>bcp pl ISIN PTBCP0AM0015

February 9th, 2017 Banco Comercial Português, S.A. informs about repayment of hybrid capital instruments

Banco Comercial Português, S.A. ("BCP") informs that it has proceeded, on this date, to the early repayment to the Portuguese state of the remaining Core Tier 1 hybrid capital instruments, amounting to €700 million. This repayment, key to the return to normalisation of BCP's activity, was previously approved by the European Central Bank, subject to the success of the rights issue completed recently.

End of announcement Banco Comercial Português, S.A.

BANCO COMERCIAL PORTUGUÊS, S.A., a public company (sociedade aberta) having its registered office at Praça D. João I, 28, Oporto, registered at the Commercial Registry of Oporto, with the single commercial and tax identification number 501 525 882 and the share capital of EUR 5,600,738,053.72

INVESTOR RELATIONS Rui Coimbra Phone +351 211 131 084 [email protected] [email protected] [email protected]

MEDIA CONTACT Erik T. Burns Phone +351 211 131 242 Mobile +351 917 265 020 [email protected] [email protected]

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