Disposal

RNS Number : 7406E

Banco Santander S.A.

28 December 2009

 

MATERIAL FACT

    Banco Santander, S.A. announces that it has sold today to the Moroccan Société Nationale d'Investissement (SNI) 10% of the share capital of Attijariwafa Bank, at a price of Dirhams 4,149.4 million (approximately EUR 367 million at current exchange rate. The operation generates for Grupo Santander a capital gain of EUR 223 million, approximately, at current exchange rate, which will not be reflected in the profit of 2009. Following the sale, Grupo Santander holds 4.55% of Attijariwafa Bank. 

    Boadilla del Monte (Madrid), 28th December 2009 

 

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