MATERIAL FACT ANNOUNCEMENT
In connection with the share capital increase with preemptive rights of Banco Santander, S.A. ('Banco Santander'), whose share securities note of the prospectus was registered with the official registry of the Comisión Nacional del Mercado de Valores on November 11, 2008, Banco Santander announces that:
Today Banco Santander has granted the capital increase public deed, which has been registered with the Commercial Registry of Cantabria.
Also today, the Comisión Nacional del Mercado de Valores has verified that the applicable requirements for the admission to listing of the 1,598,811,880 shares of the Banco Santander share capital increase of 0.5 euros of nominal value are met and the Governing Companies of the Spanish Stock Exchanges have approved the admission to listing of the new shares.
The trading of the new shares on the Madrid, Barcelona, Bilbao and Valencia Stock Exchanges through the Automated Quotation System (Continuous Market) will commence tomorrow, December 4, 2008.
Boadilla del Monte (Madrid), December 3, 2008