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Banco Santander S.A. Capital/Financing Update 2014

Sep 30, 2014

1798_rns_2014-09-30_6e03c897-d3ba-45af-a3be-1f07d6690347.html

Capital/Financing Update

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National Storage Mechanism | Additional information

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RNS Number : 9718S

Banco Santander S.A.

30 September 2014

MATERIAL FACT

Banco Santander, S.A. (the "Bank") hereby announces that as a result of the change in Standard & Poor's Ratings Services general criterion with respect to issuances of preferred stock and other capital instruments, the latter published on 30 September 2014 an updating of its ratings.

Following the change in criterion, the revised ratings for the Bank are detailed below:

§ Senior subordinated debt: BBB- from BBB
§ Junior subordinated debt: BB from BB+
§ Preferred stock: BB- from BB+

Boadilla del Monte (Madrid), 30 September 2014

This information is provided by RNS

The company news service from the London Stock Exchange

END

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