Banco Santander S.A. — Director's Dealing 2016

Dec 30, 2016

ANNEX

Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	THIS NOTIFICATION RELATES TO MS. SOL DAURELLA COMADRAN.
2	Reason for the notification
a)	Position/status	DIRECTOR OF THE ISSUER.
b)	Initial notification /Amendment	INITIAL NOTIFICATION
3	auctioneer or auction monitor	Details of the issuer, emission allowance market participant, auction platform,
a)	Name	BANCO SANTANDER, S.A.
b)	LEI	5493006QMFDDMYWIAM13
4	have been conducted	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions
a)	Description of the financial instrument, type of instrument	ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE (ISIN: ES0113900037)
	Identification code
b)	Nature of the transaction	ACQUISITION OF SHARES FREE OF CHARGE THROUGH THE ACCEPTANCE OF AN INHERITANCE
c)	Price(s) and volume(s)	Price(s) -	Volume(s) 127,293

d)	Aggregated information	ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE (ISIN: ES0113900037):
	- Aggregated volume	Price	Volume
	- Price	-	127,293
e)	Date of the transaction	2016-12-29
f)	Place of the transaction	OUT OF THE MARKET