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Directorship in Sovereign

8th Mar 2007 18:10

Banco Santander Central Hispano SA08 March 2007 OTHER COMMUNICATIONS Banco Santander Central Hispano, S.A. ("Santander") announces that Emilio Botin,Chairman of Santander, has resigned as a director of Sovereign Bancorp, Inc.("Sovereign"), effective as of today, and that, according to the InvestmentAgreement between Santander and Sovereign, Alberto Sanchez has been appointed asSantander designee to replace Mr. Botin. Santander currently beneficially ownsapproximately 24.9% of the outstanding shares of Sovereign. Boadilla del Monte (Madrid), March 8, 2007 This information is provided by RNS The company news service from the London Stock Exchange

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Banco Santander
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