Press Release

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7 September 2011 Banco Comercial Português informs on the nomination of Vice-Chairman and the distribution of areas of responsibility of the Executive Board of Directors

Banco Comercial Português (BCP) informs that, following the meetings of the Executive Board of Directors (EBD) and the Supervisory Board that took place yesterday and today respectively, António Ramalho was named Vice-Chairman of the EBD of BCP. The process of the redistribution of the areas of responsibility was also formalized for the members of the

EBD, which continues to have seven members:

Carlos Santos Ferreira (CSF) - Chairman

Office of the Chairman of the EBD (VF) Company Secretary (VF)

Fundação Millennium (VF) Audit Department Millennium Angola

Staff Management Support Dept. ActivoBank (VF)

Communication Dept.

Vitor Fernandes (VF) - Vice-Chairman

IT Dept. (AR) Operations Dept. (AR)

Staff Management Support Dept. (First in charge) Specialized Credit Dept. (AR)

Credit Dept. (AR)

Marketing Dept. (RMT)

Management Information Dept. (AR) Risk Office (AR)

Rating Dept. (AR)

Insurances (AR)

(Alternate Members)

Investor Relations

Sofia Raposo

Phone +351 211 131 084 investors@millenniumbcp.pt

sofia.raposo@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 joana.seabra@millenniumbcp.pt

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António Ramalho (AR) - Vice-Chairman

Treasury & Market Dept. (VF)

ALM Dept. (Assets & Liabilities Mgmt) (VF)

International Dept. (includes Representative Office in Brazil) (VF) Worth Measurement Dept. (VF)

Planning & Budget Control Dept. (VF) Accounting & Consolidation Dept. (VF) Investors Relations Dept. (VF)

Research Office (VF)

Real Estate Business Dept. (VF) Tax Advising Dept. (VF) Communication Dept. (First in charge)

Luís Pereira Coutinho (LPC) Private Banking (IS)

Banque Privée BCP (Suisse) (IS) Bank Millennium (Poland) (VF) Bank Millennium (Greece) (VF) Banca Millennium (Romania) (VF) Banque BCP (France) (IS)

Asset Management (IS)

Asian Desk (IS)

Miguel Maya (MM)

Banca de Empresas (RMT) Corporate Department I (RMT) Corporate Department II (RMT) Investment Banking Department (RMT) Millennium bim (CSF)

Millennium Angola (First in charge) Specialized Credit Recovery Dept. (RMT)

Litigations Dept. (RMT)

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Rui Manuel Teixeira (RMT) Retail Banking (MM)

Network Support Dept. (MM)

Madeira and Azores Regional Dept. (MM) Direct Banking Dept. (MM)

Cards Dept. (MM)

Standard Credit Recovery Dept. (MM)

Iglésias Soares (IS)

Audit Dept. (First in charge) Legal Dept. (LPC)

General Secretariat (LPC) Quality Dept. (LPC) Microcredit Dept. (LPC) Shareholding Dept. (LPC)

Prevention and Safety Dept. (LPC)

Property & Logistics Dept. (LPC) Compliance Office (LPC)

End of press releaseBanco Comercial Português

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