Santander UK plc Announces Results of US Dollar Tender Offer

  Santander UK plc Announces Results of US Dollar Tender Offer

Business Wire

LONDON -- August 9, 2013

Santander UK plc (formerly known as Abbey National plc) (the "Company")
announces the results of its offer (the "Offer") to holders of the 8.963%
Non-Cumulative Trust Preferred Securities issued by Abbey National Capital
Trust I (the "Securities") to purchase for cash any and all such Securities,
as further described in the offer to purchase dated July 29, 2013 (the "Offer
to Purchase"). BofA Merrill Lynch, Morgan Stanley and Santander acted as the
Dealer Managers for the Offer. Capitalized terms used herein but not otherwise
defined have the meanings given in the Offer to Purchase.

The following table sets forth the principal amount of Securities validly
tendered and not validly withdrawn as of 5:00 p.m., New York time, on August
8, 2013.

                                 Aggregate        Aggregate        Tender Offer
Title of         ISIN/CUSIP      Liquidation      Liquidation      Consideration
Security        Numbers        Preference      Preference      Per US$1,000
                                 Outstanding      Tendered         Liquidation
Preferred        US002927AA95/
Securities       002927AA9       US$366,364,000   US$177,002,000   US$1,250
issued by
Abbey National
Capital Trust

(1) Does not include accrued but unpaid distributions, which will be paid in
addition to the Tender Offer Consideration.

All such tendered Securities have been accepted for purchase. The Offer is
expected to settle on August 13, 2013. For more information, please contact
Lucid Issuer Services Limited, the tender and information agent for the Offer,
at +44 207 704 0880 or


This announcement does not constitute an invitation to participate in the


Santander UK plc
Anthony Frost
(Head of UK Communications)
020 7756 6284
James S. Johnson
(Head of Investor Relations)
020 7756 5014
For more information contact:
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