Review by Moody's of ratings

RNS Number : 1370G

Banco Santander S.A.

26 June 2012

 

MATERIAL FACT

Banco Santander, S.A. (the "Bank") hereby announces that following the lowering of the Spanish sovereign debt rating by Moody's Investor Service, the agency published on June 25, 2012 the revised rating of the Bank's as follows:

§ Long term senior debt and deposits                               Baa2 from A3

§ Dated subordinated debt                                                Baa3 from Baa1

Both ratings are under review for downgrade being the reason that the Spanish sovereign is also in that situation.

§ Short term debt                                                              P-2 (negative outlook)

Boadilla del Monte (Madrid), June 26, 2012

 

END

 

 

MSCPGUGWQUPPUMQ