Information on Valores Santander

RNS Number : 3163D

Banco Santander S.A.

14 May 2012

 

MATERIAL FACT

As envisaged in the prospectus concerning the issue of the Valores Santander, registered in the official registry of the Spanish National Securities Exchange Commission (CNMV) on 19 September 2007, and in view of the free-of-charge capital increase of Banco Santander, S.A. ("Banco Santander") by means of which the Santander Dividendo Elección program corresponding to the final 2011 dividend has been implemented, the result of which was notified as a relevant fact on April 30, 2012, Banco Santander has agreed to amend the conversion ratio corresponding to the Valores Santander (i.e., the number of Banco Santander shares to which each Valor Santander gives right) pursuant to the anti-dilution mechanism set forth in the said prospectus.

The new price of each Banco Santander share for conversion purposes has been set at 13.25 euros. Therefore, the new conversion ratio applicable to the Valores Santander is 377.358490566038 Banco Santander shares for each Valor Santander, which is the result of dividing the face value of each Valor Santander (5,000 euros) by the aforementioned price (13.25 euros).

Boadilla del Monte (Madrid),  May 14, 2012

 

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