Annual Financial Report

Santander UK plc

2014 Annual Report

Santander UK plc has today submitted the above document to the National Storage Mechanism.

The document will shortly be available for inspection at www.hemscott.com/nsm.do.

A copy of the document is also available within the Investor Relations section of the group's website www.aboutsantander.co.uk.

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For further details, please contact:

Additional information about Santander UK plc and Banco Santander, S.A.

Banco Santander (SAN.MC, STD.N, BNC.LN) is a retail and commercial bank, based in Spain, with a presence in 10 main markets. Santander is the largest bank in the euro zone by market capitalization. Founded in 1857, Santander had EUR 1.43 trillion in managed funds, 107 million customers, and 12,951 branches - more than any other international bank - and 185,405 employees at the close of 2014. It is the largest financial group in Spain and Latin America. It also has significant positions in the United Kingdom, Portugal, Germany, Poland and the northeast United States. Santander registered EUR 5.82 billion in attributable profit in 2014, an increase of 39% from the previous year.

Santander UK is a leading financial services provider in the UK and offers a wide range of personal and commercial financial products and services. As at 31 December 2014, Santander UK serves more than 14 million active customers with c. 20,000 employees and operates through 921 branches and 66 regional Corporate Business Centres.

Banco Santander, S.A. has a standard listing of its ordinary shares on the London Stock Exchange and Santander UK continues to have its preference shares listed on the London Stock Exchange.

Nothing in this announcement constitutes or should be construed as constituting a profit forecast.

Further information about Santander UK is available at the group's website: www.santander.co.uk.