New 18 Month Fixed Rate Deposit From Abbey International Offers 3.60% Gross/3.57% AER

ST HELIER, Jersey, January 18 - Abbey International has launched a new Limited Offer 18 month Fixed Rate
Deposit contract (www.abbeyinternational.com/FixedDepositSavings.asp)
paying 3.60% gross/3.57% AER. The new fixed rate sterling-only account
complements its popular 12 and 9 month fixed rate sterling contract options.
As a limited offer, the 18 month Fixed Rate contract can be withdrawn at any
time, so savers are urged to act quickly if they wish to take advantage of
this attractive rate.

The minimum opening balance is GBP100,000, with the account designed
exclusively for funds which are new to Abbey International. Interest is paid
upon maturity at the end of the 18 month term.

Jane Matthews, Head of Client Experience at Abbey International, said:
"We are sensing a gradual return of confidence to the markets and an appetite
for slightly longer term commitments. With an attractive rate of return,
together with the backing that comes from being a part of the Santander
Group, we believe the account will offer a popular combination."

Abbey International is part of the highly regarded Santander Group, which
has more than 150 years experience in banking and clients all over the world.

For further information on banking with Abbey International in
Jersey call +44(0)1534-828-828 or log onto www.abbeyinternational.com

         For media use only and not to be relied on by consumers to make
                            financial decisions.

Notes to Editors:

Abbey International is located in Jersey, a secure,
well-established and politically stable financial centre, which is renowned
internationally for its high standards of regulation. Jersey's unique
constitution and relationship with the British Crown dates back hundreds of
years. This provides for a unique legal and neutral tax system that can
provide significant wealth planning opportunities for the international
investor.

Abbey international has a minimum balance entry requirement of
GBP50,000 (or currency equivalent) across our portfolio of products. The
minimum balance amount can be spread across a range of accounts, subject to
the minimum opening deposit for each account being met.

All deposits carry the full and unconditional guarantee of Abbey National
plc, itself a wholly owned subsidiary of the Santander Group.

Santander has more than 150 years' experience in banking and more
branches worldwide than any other international bank.

Abbey and Santander

Santander (SAN.MC, STD.N) is a retail and commercial bank, based in
Spain, with operations in more than 40 countries. At the end of 2008,
Santander was the largest bank in the euro zone by market capitalization and
third in the world by profit. Founded in 1857, Santander had EUR 1,168
billion in managed funds at the end of 2008. Following the acquisition of
Sovereign Bancorp of the U.S. in January 2009, Santander has 90 million
customers, more than 14,000 branches - more than any other international bank
- and over 180,000 employees. It is the largest financial group in Spain and
Latin America, with leading positions in the United Kingdom and Portugal and
a broad presence in Europe through its Santander Consumer Finance arm. In
2008, Santander registered EUR8,876 million in net attributable profit, an
increase of 9 per cent from the previous year excluding capital gains.

In the UK, Santander operates three retail businesses - Abbey, Alliance &
Leicester and the savings business of Bradford & Bingley. Together they have
over 1300 branches, around 4,500 cash machines and they provide a full range
of retail and corporate banking services to 24 million customers.

Abbey, Alliance & Leicester and the savings business of Bradford &
Bingley will all become known as Santander by the end of 2010. Abbey and the
savings business of Bradford & Bingley will be rebranded from the first
quarter of 2010 and Alliance & Leicester will follow later in the year. The
move will deliver a significant advantage for customers as they will be able
to use any of 1,000 Santander branches from early 2010, rising to over 1,300
by the end of 2010.

The Bradford & Bingley logo is a trade mark of Bradford & Bingley plc and
is used under licence.

    Media Contacts:
    Guy Stephenson/Jennifer Duffy
    Nacelle Ltd
    +44(0)20-8333-9125
    gstephenson@nacelle.co.uk

    Jane Matthews, Abbey International, Head of Client Experience
    +44(0)1534-828137
    Jane.matthews@abbeyinternational.com

Media Contacts: Guy Stephenson/Jennifer Duffy, Nacelle Ltd, +44(0)20-8333-9125, gstephenson at nacelle.co.uk; Jane Matthews, Abbey International, Head of Client Experience, +44(0)1534-828137, Jane.matthews at abbeyinternational.com