Subordinated Notes - Redemption Notice

SANTANDER UK PLC

REDEMPTION

Euro 400,000,000 Fixed to Floating Rate Perpetual Callable Subordinated Notes consituted by a trust deed dated 8 September 2000 (the "Notes").

Santander UK plc has given notice in accordance with the terms and conditions of the Notes that is proposes to redeem the Notes in full on the interest payment date falling on 29 December 2014 and has applied to the Financial Conduct Authority, in its capacity as United Kingdom Listing Authority, to cancel the listing on the Official List of the United Kingdom Listing Authority of the Notes with effect from that date.

For further information, please contact:

Medium Term FundingAbbey National Treasury Services plc2 Triton SquareRegent's PlaceLondon NW1 3AN

Tel: +44 (0) 20 7756 7107

Email: mtf@santander.co.uk