Quarterly Management Statement - H1 2012

26 July 2012

This statement provides a summary of the unaudited business and financial trends for the 6 months ended 30 June 2012. Unless otherwise stated, references to Santander UK and other general statements refer to the business results and flow analysis of Santander UK compared to the same period in 2011. Balance sheet references are to the position as at 30 June 2012, unless otherwise stated.

The results of Santander for the 6 months ended 30 June 2012 are also released today and can be found at Santander The results of Santander UK are included within Santander's financial statements on a Santander group reporting basis. The results of Santander UK differ to the results of the United Kingdom on a Santander group reporting basis, due to different accounting treatment, consolidation adjustments and the treatment of the Banco Santander London Branch. The Banco Santander London Branch is not part of the Santander UK legal entity but is included in the Banco Santander results for the United Kingdom.

Quarterly Management Statement H1 2012

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Santander UK plc. Registered Office: 2 Triton Square, Regent's Place, London, NW1 3AN, United Kingdom. Registered Number 2294747. Registered in England and Wales. www.santander.co.uk. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our Financial Services Register number is 106054. You can check this on the Financial Services Register by visiting the FCA’s website www.fca.org.uk/register. Santander and the flame logo are registered trademarks.