Joint Statement Re ABN AMRO

Banco Santander S.A.
02 November 2007



2 November 2007 - Fortis, RBS and Santander Update on Acceptances of ABN AMRO
Shares

Fortis, RBS, Santander (collectively the 'Banks') and RFS Holdings are pleased
to announce that, following the expiration of the subsequent offering period on
31 October 2007, a total of 1,826,332,482 ABN AMRO ordinary shares (including
shares underlying 37,925,911 ABN AMRO ADSs) have been tendered or will be
contributed by the Banks to RFS Holdings, representing approximately 98.8% of
ABN AMRO ordinary shares.* During the subsequent offering period, 236,099,027
ABN AMRO ordinary shares (including shares underlying 2,693,888 ABN AMRO ADSs)
were tendered to RFS Holdings, representing approximately 12.8% of ABN AMRO
ordinary shares.*

A total of 38,731 formerly convertible preference shares have been tendered to
RFS Holdings, representing approximately 86.1% of outstanding formerly
convertible preference shares. During the subsequent offering period, 17,986
formerly convertible preference shares were tendered to RFS Holdings,
representing approximately 40.0% of outstanding formerly convertible preference
shares.

A total of 1,353,056,466 depository receipts representing ABN AMRO convertible
financing preference shares have been tendered to RFS Holdings or have been
otherwise purchased by RFS Holdings, representing approximately 98.8% of
outstanding convertible financing preference shares.

The above shares in aggregate represent approximately 98.8% of ABN AMRO voting
rights.*

RFS Holdings intends to cause the delisting of ABN AMRO ordinary shares and ABN
AMRO ADSs, and intends to acquire 100% of ABN AMRO's issued and outstanding
share capital in the shortest possible time through the appropriate legal
process.


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* Excluding treasury shares held by ABN AMRO

This announcement is made pursuant to article 9b(1) of the Dutch Decree on the
Supervision of the Securities Trade 1995.


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Fortis N.V., Archimedeslaan 6, 3584 BA Utrecht, Netherlands; Fortis S.A./N.V.,
Rue Royale 20, 1000 Brussels, Belgium


The Royal Bank of Scotland Group plc, Head Office, Gogarburn, Edinburgh EH12 1HQ
, UK. Registered Office, 36 St Andrew Square, Edinburgh EH2 2YB. Registered in
Scotland No 45551


Banco Santander, S.A., Ciudad Grupo Santander, Avenida de Cantabria, s/n, 28660
Boadilla del Monte, Madrid, Spain






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