ANNOUNCEMENT
Reuters>bcp.Is Exchange>MCP Bloomberg>bcp pl ISIN PTBCP0AM00007
8 January 2015 Banco Comercial Português informs about the conclusion of the sale of Banca Millennium (Romania) to OTP Bank
Following the 30 July announcement, Banco Comercial Português, S.A. ("BCP") informs that it has completed, on this date, the sale of Banca Millennium (Romania) ("BMR") to OTP Bank.
In accordance with the general conditions announced, BCP received from OTP Bank, on this date, €39 million as consideration for the sale. OTP Bank also ensured full reimbursement to BCP of the intragroup funding provided by the latter to BMR, amounting to approximately €150 million. The impact of the transaction on BCP's consolidated ratio is estimated to be negligible.
The sale of BMR brings forward yet another important measure on which BCP had committed with European competition authorities (DG Comp) pursuant to its restructuring plan.
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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 3,706,690,253.08.
INVESTOR RELATIONS Rui Coimbra
Phone +351 211 131 084 investors@millenniumbcp.pt rui.coimbrafernandes@millenniumbcp.pt lmonteiro@millenniumbcp.pt
MEDIA CONTACT Erik T. Burns
Phone +351 211 131 242
Mobile +351 917 265 020 erik.burns@millenniumbcp.ptcintia.barbas@millenniumbcp.pt
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