Fourth dividend charged to 2009

MATERIAL FACT

Banco Santander, S.A. hereby announces the payment of a fourth dividend for the 2009 financial year of a gross amount of €0.221826 per share, to be paid in cash from 1st May next. With the payment of this dividend (which if the proposal to be submitted to shareholders at the General Meeting is approved, will be the last), the payment per share corresponding to 2009 will be €0.60, the total amount to be paid to shareholders being €4,918.6 million, which is 2.2% more than the €4,812.3 million paid as dividends on the 2008 earnings. On Monday 3rd May the Bank's share will already trade ex-dividend.

Boadilla del Monte (Madrid), 4th February 2010