On 3rd July 2012 Santander UK plc (the "Company") invited (subject to offer restrictions) holders (the "Noteholders") of the respective series of notes referred to below (collectively, the "Notes", and each series, a "Series" of Notes) to tender the Notes held by such Noteholders to the Company for purchase by the Company, upon the terms and subject to the conditions set out in a Tender Offer Memorandum dated 5th July 2012.

The results of the tender offer (UK) can be seen in full here