TIDMBNC TIDMCGP 
 
RNS Number : 2157O 
Banco Santander S.A. 
24 June 2010 
 
                           MATERIAL FACT ANNOUNCEMENT 
 
 
 
Grupo Santander ("Santander") announces that it has reached an agreement with 
Citigroup Inc. ("Citi") to purchase $3.2 billion of CitiFinancial Auto's auto 
loan portfolio. In addition, Santander and Citi have entered into an agreement 
under which Santander will service a portfolio of $7.2 billion of auto loans 
that will be retained by Citi. 
 
Santander will purchase the $3.2 billion portion of the portfolio at a price 
equal to 99% of the value of the gross receivables. 
 
The transaction is expected to close by the end of the third quarter of 2010, 
and is subject to regulatory approvals and usual closing conditions. 
 
 
                                      Boadilla del Monte (Madrid), June 24, 2010 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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