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B.COM.PORTUGUES : Banco Comercial Português informs about net short position

07/04/2012| 05:11pm US/Eastern
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Press Release

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

04 July 2012 Banco Comercial Português informs about net short position

In accordance with article 5 of CMVM Regulation 4/2010, Banco Comercial Português, S.A. (BCP) hereby informs that it has received the following notice from GLG Partners LP:
"Pursuant to, and for the purposes of Article (4/5) of Regulation 4/2010 of the Comissão do Mercado de Valores Mobiliários (the Portuguese Securities Commission), we hereby notify you that, by virtue of the sale of 181,432 contracts for difference (Credit Suisse) of Banco Comercial Portugues (the"Company"), carried out on 3rd July 2012 by GLG Partners LP (the "Investment Manager"), acting as investment manager of the funds specified below, the funds currently hold a relevant net short position of 0.50% in the share capital of the Company as follows:

Fund Instrument Total %Holding

GLG European Long Short

Alternative Fund

Contract for difference

-15,257,112

-0.21%

GLG Financials

Segregated Portfolio

Contract for difference

-12,540,930

-0.17%

GLG Financials

Contract for difference

-3,292,644

-0.05%

GLG European Long Short

US Fund

Contract for difference

-3,005,188

-0.04%

GLG Financials Alternative

Fund

Contract for difference

-1,985,558

-0.03%

Total

-36,081,432

-0.50%

We further inform you that the Investment Manager is not under a dominion or group relationship with other entities,"

End of announcement Banco Comercial Português Investor Relations Rui Coimbra

Phone +351 211 131 084 investors@millenniumbcp.pt
rui.coimbrafernandes@millenniumbcp.pt fvalente@millenniumbcp.pt joaogodinho.duarte@millenniumbcp.pt

Media Contact Erik T. Burns Phone +351 211 131 242 Mobile +351 917 265 020

erik.burns@millenniumbcp.pt cintia.barbas@millenniumbcp.pt

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