2nd Apr 2007 14:00
Banco Santander Central Hispano SA02 April 2007 FORM 8.3 DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE (Rule 8.3 of the Takeover Code) 1. KEY INFORMATION Name of person dealing (Note 1) BANCO SANTANDER CENTRAL HISPANO, S.A. Company dealt in IBERDROLA Class of relevant security to which the ORDINARYdealings being disclosed relate (Note 2) Date of dealing 30/03/2007 2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE (a) Interests and short positions (following dealing) in the class ofrelevant security dealt in (Note 3) Long Short Number (%) Number (%) (1) Relevant securities 11,955,559 ...... 1.326% (2) Derivatives (other than options) 10,117,860 ...... 1.122% 29,887,895 ...... 3.315% (3) Options and agreements to purchase/ 5,338,212 ...... 0.592% 5,870,187 ...... 0.651%sell Total 27,411,631 ...... 3.041% 35,758,082 ...... 3.966% (b) Interests and short positions in relevant securities of the company,other than the class dealt in (Note 3) Class of relevant security: Long Short Number (%) Number (%) (1) Relevant securities (2) Derivatives (other than options) (3) Options and agreements to purchase/sell Total (c) Rights to subscribe (Note 3) Class of relevant security: Details 3. DEALINGS (Note 4) (a) Purchases and sales Purchase/sale Number of securities Price per unit (Note 5) Euro Purchase 12,000 35.59Purchase 7,000 35.53Purchase 10,000 35.52Purchase 5,000 35.42Purchase 16,000 35.37Purchase 5,000 35.37Purchase 5,000 35.34Purchase 20,000 35.31Purchase 5,000 35.31Purchase 200,000 35.28Purchase 5,000 35.25Purchase 10,000 35.25Disposal 50,000 35.54Disposal 2,000 35.47Disposal 1,305 35.39Disposal 30,000 35.39Disposal 198,695 35.28Disposal 5,000 35.26 (b) Derivatives transactions (other than options) Product name, Long/short (Note 6) Number of securities (Note 7) Price per unit (Note 5) Euro e.g. CFDWarrant Call 34 12/07 Short 2176 0.91Warrant Call 35 09/07 Long 12000 0.68Warrant Call 35 09/07 Long 5800 0.68Warrant Call 35 09/07 Long 2800 0.69Warrant Call 35 09/07 Long 5000 0.7Warrant Call 36.5 12/ Short 20000 0.6507Warrant Call 36.5 12/ Short 20000 0.6607Warrant Call 36.5 12/ Short 20000 0.6707 Warrant Call 36.5 12/ Short 15294 0.6807 (c) Options transactions in respect of existing securities (i) Writing, selling, purchasing or varying Product name, Writing, selling, Number of securities Exercise Type, e.g. Expiry Option money purchasing, to which the option American,e.g. call option varying etc. relates (Note 7) price European etc. date paid/received per unit (Note 5) (ii) Exercising Product name, e.g. call option Number of securities Exercise price per unit (Note 5) (d) Other dealings (including new securities) (Note 4) Nature of transaction (Note 8) Details Price per unit (if applicable) (Note 5) 4. OTHER INFORMATION Agreements, arrangements or understandings relating to options or derivatives NONE Full details of any agreement, arrangement or understanding between the person disclosing and any other person relatingto the voting rights of any relevant securities under any option referred to on this form or relating to the votingrights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form isreferenced. If none, this should be stated. Is a Supplemental Form 8 attached? (Note 9) YES Date of disclosure 02/04/2007 Contact name JOSE MANUEL ARALUCE Telephone number (34) 91-289 3392 If a connected EFM, name of offeree/offeror with which connected If a connected EFM, state nature of connection (Note 10) Notes The Notes on Form 8.3 can be viewed on the Takeover Panel's website atwww.thetakeoverpanel.org.uk SUPPLEMENTAL FORM 8 DETAILS OF OPEN POSITIONS (This form should be attached to Form 8.1, Form 8.1(b)(ii) or Form 8.3, as appropriate) OPEN POSITIONS (Note 1) Product name, Written or Number of securities Exercise price Type, e.g. Expiry date purchased to which the option or (Note 2) American,e.g. call option derivative relates European etc. Euro Warrant Call Purchase 367,165 36.00 European 30/06/2007Warrant Call Purchase 382,732 38.00 European 30/06/2007Warrant Call Purchase 999,890 28.00 European 30/06/2007Warrant Call Purchase 218,431 35.00 European 30/09/2007Warrant Call Purchase 383,301 37.00 European 30/09/2007Warrant Call Purchase 519,486 36.50 European 31/12/2007Warrant Call Purchase 584,188 34.00 European 31/12/2007Warrant Call Purchase 1,498,890 34.00 European 20/06/2008Warrant Call Purchase 1,500,000 37.00 European 20/06/2008Warrant Call Purchase 1,497,460 40.00 European 20/06/2008Warrant Put Purchase 399,768 33.00 European 30/06/2007Warrant Put Purchase 400,000 36.00 European 30/06/2007Warrant Put Purchase 996,500 26.00 European 30/06/2007Warrant Put Purchase 400,000 32.00 European 30/09/2007Warrant Put Purchase 399,600 34.00 European 30/09/2007Warrant Put Purchase 600,000 31.00 European 31/12/2007Warrant Put Purchase 599,200 35.00 European 31/12/2007Warrant Put Purchase 1,500,000 24.00 European 20/06/2008Future Purchase 1,000,000 19/05/2007Future Purchase 1,000,000 19/05/2007Future Purchase 166,317 16/11/2007Future Disposal 20,000 01/06/2007Future Disposal 352,000 30/06/2007Call Option Purchase 100,000 34.00 European 30/06/2007Call Option Purchase 192,375 17.48 European 19/11/2007Call Option Purchase 300,000 23.00 European 21/12/2007Call Option Purchase 9,000 35.00 European 31/12/2007Call Option Purchase 11,456 32.57 European 17/01/2008Call Option Purchase 200,000 21.00 European 30/06/2008Call Option Purchase 22,975 38.65 European 20/08/2008Call Option Purchase 22,975 34.82 European 20/08/2008Call Option Purchase 250,000 22.00 European 31/12/2008Call Option Purchase 500,000 39.00 European 31/12/2008Call Option Purchase 8,563 34.96 European 26/02/2009Call Option Purchase 820,868 27.41 European 01/04/2009Call Option Disposal 10,000 35.00 European 30/06/2007Call Option Disposal 105,000 36.00 European 30/06/2007Call Option Disposal 130,000 37.00 European 30/06/2007Call Option Disposal 2,110,000 38.00 European 30/06/2007Call Option Disposal 30,000 31.00 European 30/09/2007Call Option Disposal 500,000 33.00 European 31/12/2007Call Option Disposal 2,800 38.00 European 31/12/2007Call Option Disposal 3,000 38.00 European 31/03/2008Call Option Disposal 250,000 22.00 European 31/12/2008Put Option Purchase 500,000 32.00 European 30/06/2007Put Option Purchase 300,000 33.00 European 30/06/2007Put Option Purchase 150,000 33.00 European 30/06/2007Put Option Purchase 19,929 27.60 European 11/09/2007Put Option Purchase 30,000 29.00 European 30/09/2007Put Option Purchase 500,000 35.00 European 31/12/2007Put Option Purchase 9,000 31.00 European 31/12/2007Put Option Purchase 250,000 22.00 European 20/06/2008Put Option Purchase 250,000 22.00 European 31/12/2008Put Option Purchase 500,000 35.00 European 31/12/2008Put Option Purchase 59,648 24.98 European 12/06/2009Put Option Purchase 160,810 18.24 European 25/06/2009Put Option Disposal 200,000 22.00 European 30/06/2007Put Option Disposal 500,000 32.00 European 31/12/2007Put Option Disposal 750,000 33.00 European 31/12/2007Put Option Disposal 200,000 33.00 European 31/12/2007Put Option Disposal 500,000 35.00 European 31/12/2007Put Option Disposal 500,000 35.00 European 31/12/2008Put Option Disposal 250,000 22.00 European 31/12/2008 Notes 1. Where there are open option positions or open derivative positions (exceptfor CFDs), full details should be given. Full details of any existingagreements to purchase or to sell should also be given on this form. 2. For all prices and other monetary amounts, the currency must be stated. For details of the Code's dealing disclosure requirements, see Rule 8 and itsNotes which can be viewed on the Takeover Panel's website atwww.thetakeoverpanel.org.uk This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Banco Santander