23rd Sep 2005 12:58
Banco Santander Central Hispano SA23 September 2005 MATERIAL FACT Grupo Santander and ACS Actividades de Construccion y Servicios, S.A. (ACS) haveagreed to the sale and purchase of a block of shares of Union Fenosa, S.A.equivalent to 22,07% of its share capital, for a price of Euro 33.0 per share,which amounts to a total of Euro 2,219 million. As a result of this sale, Santander Central Hispano obtains a capital gain ofEuro 1,160 million approximately. Following this operation, Grupo Santander holds no stake in Union Fenosa, S.A.Once that the transaction is executed, the representatives of Grupo Santander onthe Board of Directors of Union Fenosa, S.A. shall resign their respectiveseats. Boadilla del Monte (Madrid), September 23, 2005 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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