Redemption of Notes

Confirmation of Redemption to holders of

USD 150,000,000 Subordinated Floating Rate Notes due 2015

(the "Notes")

Santander UK plc hereby confirms that it has given notice in accordance with the terms of the Notes that on 02 September, 2010 (the "Optional Redemption Date") it will redeem all of the outstanding Notes at a redemption price equal to 100% of the outstanding principal amount thereof, together with any accrued interest payable thereon to, but excluding, the Optional Redemption Date.

Dated: 05 August, 2010

Contacts

Jo Wainwright (Legal)

+ 44 207 756 4723

Debt Capital Markets

+ 44 207 756 7100