Holding(s) in Another Company

Banco Santander Central Hispano SA
22 August 2002

 
                              MATERIAL INFORMATION

On July 11, 2002, Banco Santander Central Hispano, S.A. on July 11, 2002 issued
a corporate action notifying that between July 11 and August 9 (inclusive) it
would maintain an irrevocable purchase order for Banesto shares through
Santander Central Hispano Bolsa, Sociedad de Valores, S.A.

Following the close of the period for the purchase order Banco Santander Central
Hispano, S.A. informs that as a result it has acquired a total of 2,902,720
shares in Banesto. The shareholding of Grupo Santander Central Hispano in
Banesto is currently 99.0382%.

Madrid, August 22, 2002



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