Banco Comercial Portugues

Delisting Announcement • Sep 7, 2015

BANCO ESPIRITO SANTO DE INVESTIMENTO, S.A.

Head Office: Rua Alexandre Herculano, 38 – 1269-161 Lisboa Share Capital: 326.269.000 Euros Registered: Conservatória do Registo Comercial de Lisboa Number 501385 932

Public Disclosure by Novo Banco, S.A.

Banco Espírito Santo de Investimento, S.A. ("Bank") hereby advises on the attached public disclosure, released today by Novo Banco, S.A. about the sale in full of the Bank's share capital.

Lisbon, 7th September 2015.

Banco Espírito Santo de Investimento, S.A.

NOVO BANCO informs on the completion of the sale of the entire share capital of Banco Espírito Santo de Investimento, S.A.

In accordance with the announcement dated 8 December 2014 and under the terms and for the purposes of article 248 of the Portuguese Securities Code, NOVO BANCO hereby informs that it has completed on this date the sale to Haitong International Holdings Limited, a company incorporated in Hong Kong which is a wholly-owned subsidiary of Haitong Securities Co., Ltd. (a company whose shares are listed on the Shanghai Stock Exchange and The Stock Exchange of Hong Kong Limited), of the entire share capital of Banco Espírito Santo de Investimento, S.A. (BESI), being the price 379,000,000.00 Euros (three hundred and seventy nine millions Euros), after having satisfied all the required conditions for the completion of the sale.

Lisbon, 7 September 2015 NOVO BANCO, S.A.