Major Intersts in Shares
Banco Santander S.A.
24 January 2008
NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Name of company
BANCO SANTANDER, S. A.....................................
2. Name of shareholder having a major interest
JP Morgan Chase & Co. and subsidiaries........................................
3. Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a non-beneficial
interest or in the case of an individual holder if it is a holding of that
person's spouse or children under the age of 18
AS IN 2 ABOVE.........................................................
4. Name of the registered holder(s) and, if more than one holder, the number
of shares held by each of them
AS IN 2 ABOVE.........................................................
5. Number of shares / amount of stock acquired
............................................................
6. Percentage of issued class
............................................................
7. Number of shares / amount of stock disposed
14,277,238....................................................................
8. Percentage of issued class
0.228%............................................................
9. Class of security
ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE EACH .....................
10. Date of transaction
ON 17 JANUARY 2008......................................................
11. Date company informed
ON 23 JANUARY 2008......................................................
12. Total holding following this notification
174,171,278 SHARES...................................................
13. Total percentage holding of issued class following this notification
2.787% TAKING INTO ACCOUNT TREASURY SHARES WHEN CALCULATING PERCENTAGE.
2.785% NOT TAKING INTO ACCOUNT TREASURY SHARES..........................
14. Any additional information
15. Name of contact and telephone number for queries
PEDRO DE MINGO; + (34) 91 289 3390...................................
16. Name and signature of authorised company official responsible for
making this notification
JOSE MANUEL DE ARALUCE................................................
Date of notification
ON 24 JANUARY 2008.................................................
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