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Banco Santander S.A. Capital/Financing Update 2015

Oct 7, 2015

1798_rns_2015-10-07_7dbd54fe-5728-42e4-b374-2ed420d4170d.html

Capital/Financing Update

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National Storage Mechanism | Additional information

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RNS Number : 4557B

Banco Santander S.A.

06 October 2015

MATERIAL FACT

Banco Santander, S.A. (the "Bank") hereby announces that following the recent upgrade of the Spanish sovereign debt rating by Standard & Poor's Ratings Services, the agency published on October 6, 2015 their revised ratings for the Bank, as detailed below:

§ Long term debt:                            A- from BBB+ (stable outlook).

Short term rating of A-2 is affirmed (stable outlook).

§ Senior subordinated debt:           BBB from BBB-

§ Junior subordinated debt:            BB+ from BB

§ Preferred stock:                           BB+ from BB

Boadilla del Monte (Madrid), October 6, 2015

This information is provided by RNS

The company news service from the London Stock Exchange

END

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