Result of Meeting

Banco Santander Central Hispano SA 24 July 2001 Other Communications The Board of Directors of Banco Santander Central Hispano, S.A in today's meeting, has agreed to nominate Mr. Juan Manuel Cendoya Mendez de Vigo, as General Manager and member to the Management Committee, responsible for the Communication and Studies Division, replacing Mr. Luis Abril Perez. Madrid 23rd July 2001
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