Dividend Reinvestment Plan

Banco Santander Central Hispano SA
26 October 2005


Banco Santander Central Hispano, S.A.

Santander Dividend and Re-Investment Plan - Letter and Terms & Conditions

Copies of the above documents have been submitted to the UK Listing Authority,
and will shortly be available for inspection at the UK Listing Authority's
Document Viewing Facility, which is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS




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