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Banco Comercial Portugues

M&A Activity Mar 23, 2016

1913_iss_2016-03-23_94dc24a3-7ed0-4561-9a25-23a9a87e891d.pdf

M&A Activity

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ANNOUNCEMENT Reuters>bcp.Is Exchange>MCP Bloomberg>bcp pl ISIN PTBCP0AM00007

March 23, 2016 Banco Comercial Português informs about ActivoBank

Banco Comercial Português, S.A. informs that, following the process of evaluation of strategic scenarios to enhance the value of ActivoBank, it has been decided to select Cabot Square Capital LLP, a financial services specialist private equity firm with approximately €1 billion in funds under management.

It further informs that no final decision has yet been made in relation to the sale of Activobank and, therefore, no investment decision should be made in reliance upon the outcome of those negotiations.

Banco Comercial Português, S.A. will communicate further information regarding any final decision it may take, if any, in due course.

End of announcement Banco Comercial Português, S.A.

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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 4,094,235,361.88

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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