Re-investment Price

The Dealing (re-investment) price per share is calculated using a process of averaging, using the Daily Volume Weighted Average Price of trades in shares executed in London. Details of this process are explained in the terms and conditions of the re-investment plan. For the full 10 day Daily Volume Weighted Average Price for any of the following re-investments, please write to shareholders@santander.com to request this information.

2011

November 2011 - suspended due to scrip dividend offer
August 2011 - £5.72
May 2011 - £7.24
February 2011 - suspended due to scrip dividend offer

Historic Re-investment Prices

2010

November 2010 - suspended due to scrip dividend offer
August 2010 - £8.39
May 2010 - £7.50
February 2010 - £8.56

2009

November 2009 - suspended due to scrip dividend offer
August 2009 - £8.63
May 2009 - £6.30
February 2009 - £5.29

2008

November 2008 - £6.31
August 2008 - £9.59
May 2008 - £11.10
February 2008 - £8.74

2007

November 2007 - £10.25
August 2007 - £9.22
May 2007 - £9.10
February 2007 - £9.56

2006

November 2006 - £9.19
August 2006 - £7.90
May 2006 - £8.26
February 2006 - £8.19