Notice of Optional Redemption

NOTICE OF OPTIONAL REDEMPTION TO THE HOLDERS OF

SANTANDER UK PLC

Fixed/Floating Rate Callable Subordinated Notes Due 2045

October 12, 2018

NOTICE HAS BEEN GIVEN, pursuant to Section 5(b) of the terms and conditions of the notes of the trust deed dated as of February 7, 2000 (the "Trust Deed") between Santander UK plc (formerly Abbey National plc), a public limited company incorporated and registered in England and Wales (the "Issuer"), and The Law Debenture Trust Corporation p.l.c., as trustee (the "Trustee"), relating to the above-referenced Fixed/Floating Rate Callable Subordinated Notes Due 2045 (the "Notes"), the Issuer has elected to redeem and will redeem, on November 15, 2018 (the "Redemption Date") all of the remaining principal amount of the Notes outstanding on the Redemption Date at the Redemption Price.

For the purpose of this notice, the "Redemption Price" shall mean an amount equal to 100% of the principal amount of the Notes plus accrued interest.

For further information, please contact:

SANTANDER UK PLC

Dated October 12, 2018