Banco Santander S.A. BNC Information on Santander Dividendo Elección

  Banco Santander S.A. (BNC) - Information on Santander Dividendo Elección

RNS Number : 2675Q
Banco Santander S.A.
02 November 2012

                                MATERIAL FACT

Further to the relevant  fact communication dated  October 15, 2012  (registry 
number 174,821), Banco  Santander, S.A. ("Banco  Santander") informs that  the 
trading  period  for   the  free   allotment  rights   corresponding  to   the 
free-of-charge capital increase  by means  of which  the "Santander  Dividendo 
Elección" program is carried out ended on October 31, 2012.

The holders of 83.57% of the free allotment rights have chosen to receive  new 
shares. Thus, the definitive  number of ordinary shares  of 0.5 Euros of  face 
value  issued  in   the  free-of-charge  capital   increase  is   222,107,497, 
corresponding to 2.20%  of the share  capital, and the  amount of the  capital 
increase is 111,053,748.50 Euros. The value of the remuneration  corresponding 
to the holders of free allotment rights who have requested new shares  amounts 
to 1,266,012,732.90 Euros.

The shareholders holding  the remaining  16.43% of the  free allotment  rights 
have accepted the  irrevocable undertaking  to acquire  free allotment  rights 
assumed  by  Banco  Santander.  Consequently,  Banco  Santander  has  acquired 
1,658,987,342 rights for a total gross consideration of 248,848,101.30  Euros. 
Banco Santander has waived the free allotment rights so acquired.

It is envisaged that the relevant authorisations for the admission to  listing 
of the new shares in the Spanish  Stock Exchanges will be granted on  November 
8, 2012, so that  ordinary trading of  such shares in  Spain will commence  on 
November 9, 2012.  The authorisation  for the  admission to  listing of  those 
shares will also  be requested  on all other  stock exchanges  on which  Banco 
Santander is listed.


                                 Boadilla del Monte (Madrid), November 2, 2012

                     This information is provided by RNS
           The company news service from the London Stock Exchange


MSCFSIFWEFESESF -0- Nov/02/2012 17:09 GMT
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